Second Step Receivables Assignment definition

Second Step Receivables Assignment. As defined in Section 2.01(a) of the Trust Sale Agreement.

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Second Step Receivables Assignment. As defined in Section 2.1 of the Receivables Transfer Agreement.

Second Step Receivables Assignment means the document of assignment attached as Schedule 5 to each Pool Supplement.

Examples of Second Step Receivables Assignment in a sentence

This Agreement and the Second Step Receivables Assignment shall inure to the benefit of and be binding upon the parties hereto and, to the extent expressly provided herein, the Noteholders, the Certificateholders, the Indenture Trustee, the Owner Trustee and their respective successors and permitted assigns.
The parties agree that this Agreement, the Second Step Receivables Assignment, the Indenture, the Trust Agreement, the Notes and the Certificates constitute the Further Transfer Agreements for purposes of the Pooling Agreement.
The Depositor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as the Depositor of the Receivables under this Agreement and the Second Step Receivables Assignment and that in its opinion may involve it in any expense or liability.
The Depositor and any director or officer or employee or agent of the Depositor may rely in good faith on the advice of counsel or on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising under this Agreement and the Second Step Receivables Assignment.
The Second Step Receivables Assignment, the Trust Agreement, the Notes, the Certificates, the Trust Sale Agreement and the Indenture.
The Issuing Entity does hereby accept all consideration conveyed by the Depositor pursuant to Section 2.01(a), and declares that the Issuing Entity shall hold such consideration upon the trust set forth in the Trust Agreement for the benefit of the Certificateholders, subject to the terms and conditions of the Indenture, this Agreement and the Second Step Receivables Assignment and the rights of the Noteholders with respect thereto.
The Depositor shall be liable in accordance with this Agreement and the Second Step Receivables Assignment only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment specifically undertaken by the Depositor.

More Definitions of Second Step Receivables Assignment

Second Step Receivables Assignment. As defined in Section 2.01(a) of the Trust Sale Agreement. Section 941 Effective Date: As defined in Section 12.2(c) of the Indenture.

Second Step Receivables Assignment. As defined in Section 2.01(a) of the Trust Sale and Servicing Agreement. Secretary of State: The Secretary of State of the State of Delaware. Secured Obligations: Obligations consisting of the principal of and interest on, and any other amounts owing in respect of, the Notes and amounts allocable pursuant to the Indenture with respect to the Certificates. Secured Parties: Each Noteholder. Securities: The Notes and the Certificates. Securities Act: The Securities Act of 1933, as amended.

Second Step Receivables Assignment means the document of assignment attached as Exhibit A to each Purchase and Sale Agreement.