Conveyance of Collateral Sample Clauses
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. 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. 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. 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. 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 other than in the ordinary course of business.
Conveyance of Collateral. If the Obligation has not been paid in full on the Maturity Date, then, upon Lender's request, Borrower shall convey to Lender all remaining Collateral in exchange for a reduction of the Obligation, in an amount equal to the fair market value of the Collateral so conveyed. After giving effect to such reduction, the remaining Obligation will be forgiven. Lender may elect, in its sole discretion, upon notice to Borrower that all or any portion of the remaining Collateral not be conveyed to Lender. If Borrower fails to convey (but not as a result of Lender's decision not to accept a conveyance) any part of the Collateral to Lender, Borrower shall remain fully liable for the Obligation.
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.