Conveyance of Collateral. (a) (i) By execution of the Prior Transfer and Servicing Agreements and the Initial Account Assignments, the Original Transferor sold, transferred, assigned, set over and otherwise conveyed to the Trust, without recourse except as provided therein, all its right, title and interest in, to and under, on and after each Addition Date prior to the Amendment Closing Date, the Receivables in the Initial Accounts designated thereby existing at the open of business on the applicable Addition Cut-Off Date and thereafter created from time to time, all Interchange and Recoveries allocable to the Trust as provided therein, all monies due or to become due and all amounts received or receivable with respect thereto and all proceeds (including “proceeds” as defined in the UCC) thereof. By execution of the Initial Account Reassignments, the Original Transferor accepted reassignment of all right, title and interest of the Trust in, to and under the Receivables existing on the respective dates of the applicable Initial Account Reassignments and thereafter created from time to time in the Initial Removed Accounts, all Interchange and Recoveries related thereto, all monies due or to become due and all amounts received in the Receivables with respect thereto and all proceeds (as defined in the UCC) thereof. By execution of the Assignment and Assumption Agreement, Chase Card Funding has assumed and agreed to perform all of the Original Transferor’s covenants and obligations under the Prior Transfer and Servicing Agreements and the Initial Account Assignments, and has accepted all rights granted to the Original Transferor thereunder and pursuant to the terms thereof.
Conveyance of Collateral. Pledgor will not sell or offer to sell or otherwise transfer or encumber the Collateral or any interest therein without the prior written consent of the Secured Party.
Conveyance of Collateral. Section 2.01 Conveyance of Collateral 20 Section 2.02 Acceptance by Trust 22 Section 2.03 Representations and Warranties of the Transferor 23
Conveyance of Collateral. Section 2.01
Conveyance of Collateral. Convey, assign, transfer, waste, dispose of or encumber any of the Collateral.
Conveyance of Collateral. 20 Section 2.02
Conveyance of Collateral. Guarantor shall not sell, convey, lease, assign, alienate or otherwise dispose of (except in the ordinary course of its business) any portion of the Collateral without prior written consent of Lender.
Conveyance of Collateral. (a) In consideration of the Issuer's delivery to or upon the order of the Depositor on the Closing Date of authenticated Notes and Certificates, in authorized denominations in aggregate principal amounts equal to the Initial Note Balance and the Initial Certificate Balance, respectively, the Depositor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, without recourse (subject to the obligations of the Depositor set forth herein), all right, title and interest of the Depositor in, to and under the following, whether now owned or existing or hereafter acquired or arising (collectively, the "Collateral"):
(i) the Receivables and all monies due, to become due and paid thereunder or in respect thereof (including proceeds of the repurchase of Receivables by the Seller pursuant to Section 2.04, the purchase of Receivables by the Servicer pursuant to Sections 3.08 or 8.01) after the Cutoff Date;
(ii) the security interests in the Financed Vehicles granted by the Obligors pursuant to the Receivables;
(iii) any proceeds of any physical damage insurance policies and extended warranties covering the Financed Vehicles and any proceeds of any credit life or credit disability insurance policies relating to the Receivables or the Obligors;
(iv) the Receivable Files;
(v) any proceeds of Dealer Recourse;
(vi) the Receivables Purchase Agreement, including the right to require the Seller to repurchase Receivables from the Depositor, but not the obligations of the Depositor thereunder;
(vii) the right to realize upon any property (including the right to receive future Liquidation Proceeds) that shall have secured a Receivable and have been repossessed by or on behalf of the Issuer;
(viii) all funds on deposit from time to time in the Accounts (including the Reserve Fund Initial Deposit) and the Certificate Distribution Account and in all investment income and proceeds thereof;
(ix) any Servicer Letter of Credit; and
(x) the proceeds of any and all of the foregoing.
(b) The parties hereto intend that the conveyance hereunder be a sale. In the event that the conveyance hereunder is not for any reason considered a sale, the Depositor hereby grants to the Issuer a first priority security interest in all of its right, title and interest in, to and under the Receivables, all other property conveyed hereunder and all proceeds of any of the foregoing. The parties hereto intend that this Agreement constitute a security agreement under applicable law. Such...
Conveyance of Collateral. The conveyance, assignment, sale, pledge, transfer, hypothecation or other disposition (which shall include execution of a contract for sale) of legal or equitable ownership of any part of the Collateral.
Conveyance of Collateral. (a) (i) By execution of the Prior Transfer and Servicing Agreements and the Initial Account Assignments, the Original Transferor sold, transferred, assigned, set over and otherwise conveyed to the Trust, without recourse except as provided therein, all its right, title and interest in, to and under, on and after each applicable Addition Date, the Receivables in the Accounts designated thereby existing at the open of business on the applicable Cut-Off Date and thereafter created from time to time prior to the Closing Date, all Interchange and Recoveries allocable to the Trust as provided therein, all monies due or to become due and all amounts received or receivable with respect thereto and all proceeds (including “proceeds” as defined in the UCC) thereof.
