Common use of CONVEYANCE OF CONTRACTS Clause in Contracts

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 $ aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,350,000,000 aggregate principal amount balance of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in in, all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received on or after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received on or after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,750,000,000 aggregate principal amount balance of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received on or after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received on or after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing; provided that $__________ of the principal amount of Contract __________ is retained by the Seller.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,492,500,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium Advanced Insurance Premiums financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,350,000,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,250,000,000 aggregate principal amount balance of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received on or after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received on or after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,650,000,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in in, all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,403,625,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 ______________ aggregate principal amount balance of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received on or after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received on or after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,358,000,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 1,552,000,000 aggregate principal amount of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including all payments of Monthly P&I received after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing.

CONVEYANCE OF CONTRACTS. (a) In consideration of the Issuer's delivery to or upon the order of the Seller of the Certificates and $1,477,500,000 __________ aggregate principal amount balance of Notes, the Seller hereby grants, transfers, assigns and otherwise conveys to the Issuer, without recourse (subject to the obligations herein), and hereby grants a security interest in all of its right, title and interest (exclusive of the amount, if any, allocable to any rebatable insurance premium financed by any Contract) in, to and under the Contracts (which Contracts shall be listed in the Schedule of Contracts), including including, without limitation, all payments of Monthly P&I received on or after the Cut-Off Date; all Net Liquidation Proceeds and Net Insurance Proceeds with respect to any Financed Vehicle to which a Contract relates received on or after the Cut-Off Date and all other proceeds received on or in respect of such Contracts (other than payments of Monthly P&I received on or prior to the Cut-Off Date) and any and all security interests in the Financed Vehicles; the Contract Documents relating to the Contracts; and all proceeds in any way delivered with respect to the foregoing, all rights to payments with respect to the foregoing and all rights to enforce the foregoing; provided that $__________ of the principal amount of Contract __________ is retained by the Seller.