Purchase and Contribution. (a) Subject to and on the terms and conditions set forth herein, NAFI hereby transfers, conveys and assigns, without recourse except as expressly set forth herein, as a contribution of capital to National Financial, all of its right, title and interest in and to (i) the Receivables identified on the Receivables Schedule attached hereto as Schedule 1 and all monies received thereon on or after the Initial Cut-off Date (including amounts due on or before the Initial Cut-off Date but received by NAFI on or after the Initial Cut-off Date) and (ii) the other Receivable Assets related thereto.
Appears in 3 contracts
Samples: Purchase and Contribution Agreement (National Financial Auto Funding Trust), Purchase and Contribution Agreement (National Financial Auto Funding Trust), Purchase and Contribution Agreement (National Auto Finance Co Inc)
Purchase and Contribution. (a) Subject to and on the terms and conditions set forth herein, NAFI hereby transfers, conveys and assigns, without recourse except as expressly set forth herein, as a contribution of capital to National Financial, all of its right, title ittle and interest in and to (i) the Receivables identified on the Receivables Schedule attached hereto as Schedule 1 and all monies received thereon on or after the Initial Cut-off Date (including amounts due on or before the Initial Cut-off Date but received by NAFI on or after the Initial Cut-off Date) and (ii) the other Receivable Assets related thereto.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (National Auto Finance Co Inc)
