Common use of Owner of a Receivable Clause in Contracts

Owner of a Receivable. For purposes of this Agreement, the "Owner" of a Receivable shall mean CARI until the execution and delivery of the Further Transfer and Serxxxxng Agreements and thereafter shall mean the Issuer; provided, that GMAC or CARI, as applicable, shall be the "Owner" of any Receivable frxx and after the time that such Person shall acquire such Receivable, whether pursuant to Section 3.08 or 5.04 of this Agreement, any provision of the Further Transfer and Servicing Agreements or otherwise.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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Owner of a Receivable. For purposes of this Agreement, the "Owner" of a Receivable shall mean CARI until the execution and delivery of the Further Transfer and Serxxxxng Sexxxxing Agreements and thereafter shall mean the Issuer; provided, that GMAC or CARI, as applicable, shall be the "Owner" of any Receivable frxx fxxx and after the time that such Person shall acquire such Receivable, whether pursuant to Section 3.08 or 5.04 of this Agreement, any provision of the Further Transfer and Servicing Agreements or otherwise.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc)

Owner of a Receivable. For purposes of this Agreement, the "Owner" of a Receivable shall mean CARI XXXX until the execution and delivery of the Further Transfer and Serxxxxng Servicing Agreements and thereafter shall mean the Issuer; provided, that GMAC or CARIXXXX, as applicable, shall be the "Owner" of any Receivable frxx from and after the time that such Person shall acquire such Receivable, whether pursuant to Section 3.08 or 5.04 of this Agreement, any provision of the Further Transfer and Servicing Agreements or otherwise.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

Owner of a Receivable. For purposes of this Agreement, the "Owner" of a Receivable shall mean CARI until xxxil the execution and delivery of the Further Transfer and Serxxxxng Servicing Agreements and thereafter shall mean the Issuer; provided, that GMAC or CARI, as xx applicable, shall be the "Owner" of any Receivable frxx from and after the time that such Person shall acquire such Receivable, whether pursuant to Section 3.08 or 5.04 of this Agreement, any provision of the Further Transfer and Servicing Agreements or otherwise.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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Owner of a Receivable. For purposes of this Agreement, the "Owner" of a Receivable shall mean CARI until the execution and delivery of the Further Transfer and Serxxxxng Sxxxxcing Agreements and thereafter shall mean the Issuer; providedPROVIDED, that GMAC or CARI, as applicable, shall be the "Owner" of any Receivable frxx and after the time that such Person shall acquire such Receivable, whether pursuant to Section SECTIONS 3.08 or OR 5.04 of this Agreement, any provision of the Further Transfer and Servicing Agreements or otherwise.. ARTICLE 1.2 ARTICLE 1.3

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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