Examples of Conveyed Assets in a sentence
The Issuer is not aware of any material judgment, ERISA or tax lien filings against the Seller which would have a material adverse effect on the enforceability or collectability of the Receivables or any other part of the Conveyed Assets or would not materially and adversely affect the ability of the Seller to perform its obligations under the Transaction Documents.
The Receivables and the other Conveyed Assets have been validly assigned by the Issuer to the Grantor Trust.
The sales and transfers by the Issuer of the Receivables and other Conveyed Assets hereunder are and shall be without recourse to, or representation or warranty (express or implied) by, the Issuer, except as otherwise specifically provided herein.
The Issuer makes the following representations and warranties as of the Closing Date, on which the Grantor Trust will be deemed to have relied in acquiring the Conveyed Assets.
The representations and warranties regarding creation, perfection and priority of security interests in the Conveyed Assets, which are attached to this Agreement as Exhibit B, are true and correct.