Purchase. On the Closing Date, subject to satisfaction of the conditions specified in Article V and the First Step Receivables Assignment (and, in any event, immediately prior to consummation of the related transactions contemplated by the Further Transfer Agreements, if any), the Seller shall sell, transfer, assign and otherwise convey to Ally Auto, without recourse:
Appears in 74 contracts
Samples: Pooling Agreement (Ally Auto Receivables Trust 2018-3), Pooling Agreement (Ally Auto Receivables Trust 2019-1), Pooling Agreement (Ally Auto Receivables Trust 2022-1)
Purchase. On the Closing Date, subject to satisfaction of the conditions specified in Article V VI and the First Step Receivables Assignment (and, in any event, immediately prior to consummation of the related transactions contemplated by the Further Transfer and Servicing Agreements, if any), the Seller shall sell, transfer, assign and otherwise convey to Ally Auto, without recourse:
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (Ally Auto Receivables Trust 2010-3), Pooling and Servicing Agreement (Ally Auto Receivables Trust 2010-5), Pooling and Servicing Agreement (Ally Auto Receivables Trust 2010-5)