Common use of Pursuant to Clause in Contracts

Pursuant to. Section 2.1 of this Agreement, the Seller conveyed to the Trust all of the Seller’s right, title and interest in its rights and benefits, but none of its obligations or burdens, under the Purchase Agreement including the Seller’s rights under the Purchase Agreement and the delivery requirements, representations and warranties and the cure or repurchase obligations of AmeriCredit thereunder. The Seller hereby represents and warrants to the Trust that such assignment is valid, enforceable and effective to permit the Trust to enforce such obligations of AmeriCredit under the Purchase Agreement. Any purchase by AmeriCredit pursuant to the Purchase Agreement shall be deemed a purchase by the Seller pursuant to this Section 3.2 and the definition of Purchased Receivable.

Appears in 22 contracts

Samples: Sale and Servicing (AFS SenSub Corp.), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2013-5), Sale and Servicing (AFS SenSub Corp.)

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Pursuant to. Section 2.1 of this Agreement, the Seller conveyed to the Trust all of the Seller’s 's right, title and interest in its rights and benefits, but none of its obligations or burdens, under the Purchase Agreement including the Seller’s 's rights under the Purchase Agreement and the delivery requirements, representations and warranties and the cure or repurchase obligations of AmeriCredit thereunder. The Seller hereby represents and warrants to the Trust that such assignment is valid, enforceable and effective to permit the Trust to enforce such obligations of AmeriCredit under the Purchase Agreement. Any purchase by AmeriCredit pursuant to the Purchase Agreement shall be deemed a purchase by the Seller pursuant to this Section 3.2 and the definition of Purchased Receivable.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2007-a-X), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2005-1)

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