Common use of Valid Transfer Clause in Contracts

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contribution, transfer, assignment and conveyance of the Additional Receivables as of the applicable Sale Date to the Issuer, which is enforceable against creditors of and purchasers from the Depositor, except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contribution, transfer, assignment and conveyance of the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, HLSS except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Initial Receivables as of the Closing Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, Nationstar except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, Advance Purchaser except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contribution, transfer, assignment and conveyance of the Initial Receivables as of the Closing Date and the Additional Receivables as of the applicable Sale Date to the Issuer, which is enforceable against creditors of and purchasers from the Depositor, except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Initial Receivables as of the initial Funding Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, HLSS except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Initial Receivables as of the Closing Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, Advance Purchaser except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contribution, transfer, assignment and conveyance of the Initial Receivables as of the Closing Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, HLSS except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Initial Receivables as of the Original Closing Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, Nationstar except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.

Valid Transfer. Upon the execution and delivery of this Agreement, each Assignment of Receivables and the Designated Servicing Agreement Schedule by each of the parties hereto, this Agreement shall evidence a valid sale and/or contributionsale, transfer, assignment and conveyance of the Initial Receivables as of the Closing Date and the Additional Receivables as of the applicable Sale Date to the IssuerDepositor, which is enforceable against creditors of and purchasers from the Depositor, Green Tree except as such enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles.