VFC Assignment definition

VFC Assignment means the Release and Assignment instrument dated the Closing Date, in the form attached hereto as Exhibit B, executed by the VFC Trust conveying, assigning and releasing the VFC Contract Assets to the Depositor.
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Examples of VFC Assignment in a sentence

  • Other than the security interest granted to the Trust pursuant to this Agreement, the Depositor has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Contracts (other than to the VFC Trust, which Contracts were reconveyed to the Depositor pursuant to the VFC Assignment).

  • If the Contract is "tangible chattel paper" as defined in the UCC, the End User Contract that constitutes or evidences the Contract does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any other Person besides CFUSA (prior to its conveyance to the Depositor under the Non VFC Purchase Agreement), the VFC Trust (prior to its conveyance to the Depositor under the VFC Assignment) and the Depositor.

  • If the Contract is "tangible chattel paper" as defined in the UCC, the End-User Contracts that constitutes or evidences the Contract does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any other Person besides CFUSA (prior to their conveyance to the Depositor under the Non-VFC Purchase Agreement), the VFC Trust (prior to their conveyance to the Depositor under the VFC Assignment) and the Depositor.

  • If the Contract is “tangible chattel paper” as defined in the UCC, the End-User Contract that constitutes or evidences the Contract does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any other Person besides CFUSA (prior to its conveyance to the Depositor under the Non-VFC Purchase Agreement), the VFC Trust (prior to its conveyance to the Depositor under the VFC Assignment) and the Depositor.

  • If the Contract is “tangible chattel paper” as defined in the UCC, the End-User Contracts that constitutes or evidences the Contract does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any other Person besides CFUSA (prior to their conveyance to the Depositor under the Non-VFC Purchase Agreement), the VFC Trust (prior to their conveyance to the Depositor under the VFC Assignment) and the Depositor.

  • If the Contract is “tangible chattel paper” as defined in the UCC, the End-User Contract that constitutes or evidences the Contract does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any other Person besides CFUSA, the VFC Trust (prior to its conveyance to the Depositor under the VFC Assignment) and the Depositor.