Common use of Seller May Own Notes or the Certificate Clause in Contracts

Seller May Own Notes or the Certificate. Subject to the provisions of the Sale and Servicing Agreement, Seller and any Affiliate of Seller may in their individual or any other capacity become the owner or pledgee of Notes or the Certificate with the same rights as they would have if they were not Seller or an Affiliate thereof.

Appears in 203 contracts

Samples: Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (AmeriCredit Automobile Receivables Trust 2015-1)

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Seller May Own Notes or the Certificate. [s]. Subject to the provisions of the Sale and Servicing Agreement, Seller and any Affiliate of Seller may in their individual or any other capacity become the owner or pledgee of Notes or the Certificate Certificate[s] with the same rights as they would have if they were not Seller or an Affiliate thereof.

Appears in 3 contracts

Samples: Purchase Agreement (Afs Sensub Corp.), Purchase Agreement (Afs Sensub Corp.), Purchase Agreement (Afs Sensub Corp.)

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Seller May Own Notes or the Certificate. Subject to the provisions of the Sale and Servicing Agreement, Seller and any Affiliate of Seller may in their its individual or any other capacity become the owner or pledgee of Notes or the Certificate with the same rights as they it would have if they it were not Seller or an Affiliate thereof.

Appears in 1 contract

Samples: Purchase Agreement (Americredit Financial Services Inc)

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