Common use of Assignment of Asset Interests Clause in Contracts

Assignment of Asset Interests. The Seller hereby sells, assigns and transfers to the Administrative Agent, for the benefit of the applicable Investors in each Purchaser Group making each Purchase, effective on and as of the date of such Purchase and each Reinvestment hereunder, an undivided percentage ownership interest, to the extent of the portion of the Asset Interest then being purchased, in the Pool Receivables and the Related Assets with respect thereto.

Assignment of Asset Interests. The Seller hereby sells, assigns and transfers to the Administrative Agent, Agent on behalf of the Purchasers on a pro rata basis for the benefit of the applicable Investors in each Purchaser Group making each PurchaseSecured Parties, effective on and as of the date of such each Purchase and each Reinvestment by the Administrative Agent on behalf of the Purchasers for the benefit of the Secured Parties hereunder, an undivided percentage ownership interest, to the extent of the portion of the Asset Interest then being purchased, in the Pool Receivables and the Related Assets with respect theretoInterest.

Assignment of Asset Interests. The Seller hereby sells, assigns and transfers to the Administrative Agent, Agent on behalf of the Purchaser for the benefit of the applicable Investors in each Purchaser Group making each PurchaseSecured Parties, effective on and as of the date of such each Purchase and each Reinvestment by the Administrative Agent on behalf of the Purchaser for the benefit of the Secured Parties hereunder, an undivided percentage ownership interest, to the extent of the portion of the Asset Interest then being purchased, in the Pool Receivables and the Related Assets with respect theretoInterest.