Common use of Sale of Receivables Clause in Contracts

Sale of Receivables. (a) The Seller sells and assigns, without recourse (except as provided in this Agreement), to the Buyer the following property on and as of the dates specified below:

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Ford Credit Floorplan LLC), Receivables Purchase Agreement (Ford Credit Floorplan Corp), Receivables Purchase Agreement (Ford Credit Floorplan Corp)

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Sale of Receivables. (a) The By execution of this Agreement, the Seller sells does hereby sell, transfer, assign, set over and assignsotherwise convey, without recourse (except as expressly provided in this Agreementherein), to the Buyer the following property on and as of the dates specified below:

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Ford Credit Floorplan LLC), Receivables Purchase Agreement (Ford Credit Floorplan LLC)

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