Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Property from the Depositor to the Issuer, enforceable against creditors of and purchasers from the Depositor.
Appears in 86 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-A)
Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Purchased Property from the Depositor Sponsor to the IssuerDepositor, enforceable against creditors of and purchasers from the DepositorSponsor.
Appears in 85 contracts
Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2023-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Two LLC), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2020-C)
Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Trust Property from the Depositor to the Issuer, enforceable against creditors of and purchasers from the Depositor.
Appears in 47 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2006-A)
Valid Sale. This Agreement evidences Agreement, when duly executed and delivered, shall constitute a valid sale sale, transfer and assignment of the Sold Property from the Depositor to the IssuerPurchased Property, enforceable against creditors of and purchasers from the DepositorSeller.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation)