Conveyed Assets definition

Conveyed Assets shall have the meaning set forth in Section 2.01.

Conveyed Assets has the meaning provided in Section 2.01 of the Sale and Servicing Agreement.

Conveyed Assets means all property conveyed by the Transferor to the Transferee pursuant to Section 2.1(a)(1) through (11).

Examples of Conveyed Assets in a sentence

• Except for the conveyances hereunder and pursuant to the Basic Documents, the Seller shall not sell, pledge, assign or transfer to any Person, or grant, create, incur, assume, or suffer to exist any Lien on, or any interest in, to or under the Conveyed Assets, and the Seller shall defend the right, title and interest of the Depositor, the Issuer and the Indenture Trustee in, to and under the Conveyed Assets against all claims of third parties claiming through or under the Seller.

• The Seller shall promptly take all actions required (including, but not limited to, all filings and other acts necessary or advisable under the UCC of each relevant jurisdiction) in order to continue (subject to Permitted Liens) the first priority perfected security interest of the Issuer granted by the Seller hereunder in all Conveyed Assets which have not been released pursuant to the Indenture.

• Other than for tax and accounting purposes, the Issuer treats the acquisition of the Conveyed Assets from the Seller for all purposes as a purchase by the Issuer from the Seller on all of its relevant books and records.

• The Conveyed Assets to be acquired by the Issuer on the Closing Date will be transferred to the Issuer from the Seller in exchange for cash from the net proceeds of the sale of the Notes sold to investors on the Closing Date.

• This Agreement effects a valid transfer and assignment of the Receivables and the other Conveyed Assets conveyed by the Depositor to the Trust hereunder, in each case enforceable against creditors of and purchasers from the Depositor.

More Definitions of Conveyed Assets

Conveyed Assets has the meaning assigned to such term in Section 2.01.

Conveyed Assets means (without duplication), all right, title and interest in and to:

Conveyed Assets. As defined in Section 2.01(a).

Conveyed Assets shall have the meaning set forth in Section 2.1(a) hereof, it being understood that the Conveyed Assets do not include the Excluded Assets.

Conveyed Assets means (a) the Transferred Assets, (b) all of the Issuer’s rights under the Sale and Servicing Agreement and (c) all proceeds of the foregoing.

Conveyed Assets has the meaning set forth in Section 2.2 of the Contribution Agreement.

Conveyed Assets means (without duplication) all right, title and interest in and to all accounts, payment intangibles and other general intangibles, chattel paper, instruments, documents, money, deposit accounts, certificates of deposit, goods, letters of credit, advices of credit and Investment Property and all other tangible and intangible property (together with all related supporting obligations and proceeds), whether consisting of, arising from or relating to and including: