The Receivables Sample Clauses

The Receivables. With respect to each Receivable acquired by the Borrower from the Transferor, the Borrower will (i) acquire such Receivable pursuant to and in accordance with the terms of the Contribution Agreement, (ii) take all action necessary to perfect, protect and more fully evidence the Borrower’s ownership of such Receivable, including (A) filing and maintaining effective financing statements (Form UCC-1) against the Transferor and the applicable Originator in all necessary or appropriate filing offices, and filing continuation statements, amendments or assignments with respect thereto in such filing offices and (B) executing or causing to be executed such other instruments or notices as may be necessary or appropriate and (iii) take all additional action that the Administrative Agent may reasonably request to perfect, protect and more fully evidence the respective interests of the parties to this Agreement in the Receivables and other Collateral related thereto.
The Receivables. 1. The Agreement creates a valid and continuing ownership or security interest (as defined in the applicable UCC) in the Pool Receivables in favor of the Purchaser, which ownership or security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from such Seller.
The Receivables. SECTION 3.1 Representations and Warranties of Seller; Conditions Relating to Receivables..................................................23 SECTION 3.2 Repurchase Upon Breach or Failure of a Condition.........................27 SECTION 3.3 Custody of Receivable Files..............................................28 SECTION 3.4 Duties of Servicer as Custodian..........................................28 SECTION 3.5 Instructions; Authority to Act...........................................29 SECTION 3.6 Custodian's Indemnification..............................................29 SECTION 3.7 Effective Period and Termination.........................................29
The Receivables. 17 Section 3.01. Representations and Warranties of the Seller..............................................17 Section 3.02. Representations and Warranties of the Depositor...........................................18
The Receivables. 3 SECTION 3.1. Representations and Warranties as to Each Receivable....................................3
The Receivables. SECTION 3.01. Survival of Representations and Warranties. Pursuant to Section 2.01 of this Agreement, the Depositor has sold, assigned, transferred and conveyed to the Issuer, as part of the assets of the Issuer, its rights under each Receivables Purchase Agreement, including the representations and warranties of the applicable Seller therein, upon which representations and warranties the Issuer relies in accepting the Receivables and delivering the Securities, together with all rights of the Depositor with respect to any breach thereof, including the right to require the applicable Seller to repurchase Receivables in accordance with the related Receivables Purchase Agreement. It is understood and agreed that the representations and warranties referred to in this Section shall survive the sale and delivery of the Receivables to the Issuer (or the Custodian on its behalf) and the pledge of the Receivables to the Indenture Trustee.