Transaction Summary. The following summary of the transaction is intended for general information purposes. The specific terms of the transaction are explained in detail elsewhere in this Agreement. Capitalized terms used in this summary are defined in Article II. The Servicer has previously sold automobile retail installment sale contracts to [ ] and has continued to service those contracts. The Depositor has caused those contracts to be transferred on the date hereof to the Issuer, and the Servicer will continue to service those contracts pursuant to this Agreement.
Appears in 2 contracts
Sources: Receivables Servicing Agreement (Bear Stearns Asset Backed Funding Inc), Receivables Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc)