Common use of Agreement to Sell and Contribute Clause in Contracts

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI Portfolio, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.

Appears in 9 contracts

Samples: Subi Sale Agreement, Sale Agreement (Vw Credit Leasing LTD), Subi Sale Agreement (Volkswagen Auto Lease Trust 2015-A)

AutoNDA by SimpleDocs

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s right, title and interest in in, to and to under the Transaction SUBI Certificate and the related beneficial interest in the Included Units and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI Portfolio, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.

Appears in 7 contracts

Samples: Sale Agreement (Vw Credit Leasing LTD), Subi Sale Agreement (Vw Credit Leasing LTD), Subi Sale Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI PortfolioInterest, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.

Appears in 5 contracts

Samples: Subi Sale Agreement (Volkswagen Auto Lease Trust 2010-A), Subi Sale Agreement (Volkswagen Auto Lease Trust 2010-A), Subi Sale Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s 's right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI PortfolioInterest, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.

Appears in 3 contracts

Samples: Subi Sale Agreement (Volkswagen Auto Lease Trust 2005-A), Subi Sale Agreement (Volkswagen Public Auto Loan Securitization LLC), Subi Sale Agreement (Volkswagen Auto Lease Underwritten Funding LLC)

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI Portfolio, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.. 2 SUBI Sale Agreement (2011-A)

Appears in 2 contracts

Samples: Subi Sale Agreement (Volkswagen Auto Lease Trust 2011-A), Subi Sale Agreement (Volkswagen Auto Lease Trust 2011-A)

AutoNDA by SimpleDocs

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI Portfolio, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.. 2 SUBI Sale Agreement (2013-A)

Appears in 2 contracts

Samples: Subi Sale Agreement (Volkswagen Auto Lease Trust 2013-A), Subi Sale Agreement (Volkswagen Auto Lease Trust 2013-A)

Agreement to Sell and Contribute. On the terms and subject to the conditions set forth in this Agreement, on the date hereof, the Seller hereby: (a) transfersTransfers, assigns, sets over, sells and otherwise conveys to the Buyer, and the Buyer hereby purchases from the Seller, all of the Seller’s 's right, title and interest in and to the Transaction SUBI Certificate and the Transaction SUBI, including, but not limited to, all Collections thereunder after the Cut-Off Date; and (b) directs Directs the UTI Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI PortfolioInterest, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.

Appears in 1 contract

Samples: Subi Sale Agreement (Volkswagen Auto Lease Trust 2002-A)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!