Other Liens or Interests. Except for the conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Bank shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Purchaser to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Bank shall defend the right, title and interest of the Purchaser in, to and under such Receivables or other property transferred to the Purchaser against all claims of third parties claiming through or under the Bank.
Appears in 23 contracts
Samples: Purchase Agreement (USAA Auto Owner Trust 2015-1), Purchase Agreement (USAA Auto Owner Trust 2009-2), Purchase Agreement (Usaa Acceptance LLC)
Other Liens or Interests. Except for the conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Bank shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Purchaser XXXX to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Bank shall defend the right, title and interest of the Purchaser XXXX in, to and under such Receivables or other property transferred to the Purchaser XXXX against all claims of third parties claiming through or under the Bank.
Appears in 17 contracts
Samples: Purchase Agreement (Capital One Auto Receivables LLC), Purchase Agreement (Capital One Auto Receivables LLC), Purchase Agreement (Capital One Prime Auto Receivables Trust 2022-2)
Other Liens or Interests. Except for the conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Bank shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Purchaser FTH LLC to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Bank shall defend the right, title and interest of the Purchaser FTH LLC in, to and under such Receivables or other property transferred to the Purchaser FTH LLC against all claims of third parties claiming through or under the Bank.
Appears in 15 contracts
Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2014-1), Receivables Sale Agreement (Fifth Third Auto Trust 2023-1), Receivables Sale Agreement (Fifth Third Auto Trust 2019-1)
Other Liens or Interests. Except for the conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Bank shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Purchaser Depositor to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Bank shall defend the right, title and interest of the Purchaser Depositor in, to and under such Receivables or other property transferred to the Purchaser Depositor against all claims of third parties claiming through or under the Bank.
Appears in 7 contracts
Samples: Form Of (Huntington Funding, LLC), Receivables Sale Agreement (Huntington Auto Trust 2015-1), Receivables Sale Agreement (Huntington Funding, LLC)
Other Liens or Interests. Except for the conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Bank shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Purchaser Depositor to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Bank shall defend the right, title and interest of the Purchaser Depositor in, to and under such Receivables or other property transferred to the Purchaser Depositor against all claims of third parties claiming through or under the Bank.Bank.β
Appears in 1 contract
Samples: Purchase Agreement
