Common use of Sale of Receivables Clause in Contracts

Sale of Receivables. This Supplemental Conveyance constitutes a valid sale to Purchaser of all right, title and interest of RPA Seller in the Receivables and other Related Assets now existing or hereafter created from time to time in the Additional Accounts, and such property will be held by Purchaser free and clear of any Lien;

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Cabela's Master Credit Card Trust), Receivables Purchase Agreement (Cabela's Credit Card Master Note Trust), Receivables Purchase Agreement (Cabela's Master Credit Card Trust)

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Sale of Receivables. This Supplemental Conveyance constitutes a valid sale to Purchaser of all right, title and interest of RPA Seller in the Receivables and other Related Assets now existing or hereafter created from time to time in the Additional Accounts, and such property will be held by Purchaser free and clear of any LienLien except as permitted by Section 2.05(b) of the Transfer and Servicing Agreement;

Appears in 3 contracts

Samples: Receivables Purchase Agreement (First National Funding LLC), Receivables Purchase Agreement (First National Master Note Trust), Receivables Purchase Agreement (First National Funding LLC)

Sale of Receivables. This Supplemental Conveyance constitutes a valid sale to Purchaser of all right, title and interest of RPA Seller in the Receivables and other Related Assets now existing or hereafter created from time to time in the Additional Accounts, and such property will be held by Purchaser free and clear of any LienLien except as permitted by Section 2.05(b) of the Pooling and Servicing Agreement or the Transfer and Servicing Agreement, as applicable;

Appears in 2 contracts

Samples: Receivables Purchase Agreement (First Bankcard Master Credit Card Trust), Receivables Purchase Agreement (First Bankcard Master Credit Card Trust)

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Sale of Receivables. This Supplemental Conveyance constitutes a valid sale sale, transfer and assignment to Purchaser of all right, title and interest of RPA Seller in the Receivables and other Related Assets now existing or hereafter created from time arising, all monies due or to time in become due and all amounts received with respect thereto and the Additional Accountsproceeds thereof, and such property will be held by Purchaser free and clear of any Lienrelating thereto;

Appears in 2 contracts

Samples: Receivables Purchase Agreement (World Financial Network Credit Card Master Trust), Receivables Purchase Agreement (World Financial Network Credit Card Master Trust)

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