Conveyance of the Receivables and the Other Conveyed Property. (a) Subject to the terms and conditions of this Agreement, Seller hereby sells, transfers, assigns, and otherwise conveys to Purchaser without recourse (but without limitation of its obligations in this Agreement), and Purchaser hereby purchases, all right, title and interest of Seller in and to the following described property (collectively, the “Receivables and the Other Conveyed Property”):
Conveyance of the Receivables and the Other Conveyed Property. 3 SECTION 2.1 Conveyance of the Receivables and the Other Conveyed Property 3 ARTICLE III. REPRESENTATIONS AND WARRANTIES 4 SECTION 3.1 Representations and Warranties of Seller 4 SECTION 3.2 Representations and Warranties of Purchaser 6 ARTICLE IV. COVENANTS OF SELLER 8 SECTION 4.1 Protection of Title of Purchaser 8 SECTION 4.2 Other Liens or Interests 9 SECTION 4.3 Costs and Expenses 10 SECTION 4.4 Indemnification 10 ARTICLE V. REPURCHASES 11 SECTION 5.1 Repurchase of Receivables Upon Breach 11 SECTION 5.2 Reassignment of Purchased Receivables 12 SECTION 5.3 Waivers 13 ARTICLE VI. MISCELLANEOUS 13 SECTION 6.1 Liability of Seller 13 SECTION 6.2 Merger or Consolidation of Seller or Purchaser 13 SECTION 6.3 Limitation on Liability of Seller and Others 13 SECTION 6.4 Seller May Own Notes or the Certificate 14 SECTION 6.5 Amendment 14 SECTION 6.6 Notices 14 SECTION 6.7 Merger and Integration 15 SECTION 6.8 Severability of Provisions 15 SECTION 6.9 Intention of the Parties 15 SECTION 6.10 Governing Law 16 SECTION 6.11 Counterparts and Consent to Do Business Electronically 16
Conveyance of the Receivables and the Other Conveyed Property. SECTION 2.1 Conveyance of the Receivables and the Other Conveyed Property.
Conveyance of the Receivables and the Other Conveyed Property. SECTION 2.1 (a) Conveyance of the Initial Receivables and the Initial Other Conveyed Property. Subject to the terms and conditions of this Agreement, Seller hereby sells, transfers, assigns, and otherwise conveys to Purchaser without recourse (but without limitation of its obligations in this Agreement), and Purchaser hereby purchases, all right, title and interest of Seller in and to the Initial Receivables and the Initial Other Conveyed Property. It is the intention of Seller and Purchaser that the transfer and assignment contemplated by this Agreement shall constitute a sale of the Initial Receivables and the Initial Other Conveyed Property from Seller to Purchaser, conveying good title thereto free and clear of any liens, and the beneficial interest in and title to the Initial Receivables and the Initial Other Conveyed Property shall not be part of Seller's estate in the event of the filing of a bankruptcy petition by or against Seller under any bankruptcy or similar law.
Conveyance of the Receivables and the Other Conveyed Property. (a) Subject to the terms and conditions of this Agreement, Seller hereby sells, transfers, assigns, and otherwise conveys to Purchaser without recourse (but without limitation of its obligations in this Agreement), and Purchaser hereby purchases, all right, title and interest of Seller in and to the Receivables and the Other Conveyed Property. It is the intention of Seller and Purchaser that the transfer and assignment contemplated by this Agreement shall constitute a sale of the Receivables and the Other Conveyed Property from Seller to Purchaser, conveying good title thereto free and clear of any liens, and the beneficial interest in and title to the Receivables and the Other Conveyed Property shall not be part of Seller’s estate in the event of the filing of a bankruptcy petition by or against Seller under any bankruptcy or similar law.
Conveyance of the Receivables and the Other Conveyed Property. (a) Subject to the terms and conditions of this Agreement, the Originator hereby sells, transfers, assigns and otherwise conveys to the Depositor without recourse (but without limitation of its obligations in this Agreement), and the Depositor hereby purchases, all right, title and interest of the Originator in and to the Receivables and the Other Conveyed Property, including all moneys received after the Cutoff Date. It is the intention of the Originator and the Depositor that the sale and assignment contemplated by this Agreement constitutes a sale and contribution of the Receivables and the Other Conveyed Property from the Originator to the Depositor, conveying good title thereto free and clear of any liens, and the beneficial interest in and title to the Receivables and the Other Conveyed Property will not be part of the Originator’s estate in the event of the filing of a bankruptcy petition by or against the Originator under any bankruptcy or similar law.
Conveyance of the Receivables and the Other Conveyed Property. 1. Conveyance of the Receivables and the Other Conveyed Property. By ---------------------------------------------------------------- execution of this Agreement and subject to the terms and conditions of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer or assign to the Purchaser (collectively, the "Conveyance") without recourse (but without limitation of its obligations in this Agreement and the Receivables Financing Agreement), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to:
Conveyance of the Receivables and the Other Conveyed Property. By execution of this Agreement and subject to the terms and conditions of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer and assign to the Purchaser (collectively, the "Conveyance") without recourse (but without limitation of its obligations in this Agreement and the other Transaction Documents), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to:
Conveyance of the Receivables and the Other Conveyed Property. 3 SECTION 2.1 Conveyance of the Receivables and the Other Conveyed Property 3 ARTICLE III. REPRESENTATIONS AND WARRANTIES 4 SECTION 3.1 Representations and Warranties of AFS 4 SECTION 3.2 [Reserved] 6 SECTION 3.3 Representations and Warranties of AMC 6 ARTICLE IV. COVENANTS OF SELLERS 8 SECTION 4.1 Liens in Force 8 SECTION 4.2 No Impairment 8 SECTION 4.3 No Amendments 8 SECTION 4.4 Restrictions on Liens 9 SECTION 4.5 Preservation of Collateral 9 SECTION 4.6 Transfers Treated as Sales 9
Conveyance of the Receivables and the Other Conveyed Property. SECTION 2.1 Conveyance of the Receivables and the Other Conveyed Property. (a) Subject to the terms and conditions of this Agreement, on and after the date of this Agreement, OFL-A hereby agrees to sell, transfer, assign, and otherwise convey, from time to time, to the Purchaser, without recourse (but without limitation of its obligations in this Agreement), and the Purchaser hereby agrees to purchase, all right, title and interest of OFL-A in and to certain Receivables and Other Conveyed Property originated by OFL-A. It is the intention of OFL-A and the Purchaser that the transfers and assignments contemplated by this Agreement shall constitute sales of such Receivables and Other Conveyed Property from OFL-A to the Purchaser, conveying good title thereto free and clear of any Liens, and such Receivables and Other Conveyed Property shall not be part of OFL-A's estate in the event of the filing of a bankruptcy petition by or against OFL-A under any bankruptcy or similar law.
