Common use of Conveyance of NH Purchased Contracts Clause in Contracts

Conveyance of NH Purchased Contracts. In consideration of CNHCR's payment of $262,971,327.86 (the "INITIAL NH PURCHASE PRICE") in the manner set out in SECTION 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL NH ASSETS"): (i) the NH PURCHASED CONTRACTS, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts other than any interest in the Dealers' reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract; and (vii) the proceeds of any and all of the foregoing.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's payment of $262,971,327.86 277,940,133.65 (the "INITIAL Initial NH PURCHASE PRICEPurchase Price") in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL Initial NH ASSETSAssets"): (i) the NH PURCHASED CONTRACTSPurchased Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts other than any interest in the Dealers' reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract; and (vii) the proceeds of any and all of the foregoing.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's payment of $262,971,327.86 249,172,150.16 (the "INITIAL Initial NH PURCHASE PRICEPurchase Price") in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL Initial NH ASSETSAssets"): (i) the NH PURCHASED CONTRACTSPurchased Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts other than any interest in the Dealers' reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract; and (vii) the proceeds of any and all of the foregoing.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's payment of $262,971,327.86 51,511,649.07 (the "INITIAL Initial NH PURCHASE PRICEPurchase Price") in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL Initial NH ASSETSAssets"): (i) the NH PURCHASED CONTRACTSPurchased Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts other than any interest in the Dealers' reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract; and (vii) the proceeds of any and all of the foregoing.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's ’s payment of $262,971,327.86 487,613,949.68 (the "INITIAL “Initial NH PURCHASE PRICE"Purchase Price”) in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL “Initial NH ASSETS"Assets”): (i) the NH PURCHASED CONTRACTSPurchased Contracts and the NH Owned Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and the NH Owned Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts and the NH Owned Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts and the NH Owned Contracts other than any interest in the Dealers' ’ reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and the NH Owned Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract or NH Owned Contract; and (vii) the proceeds of any and all of the foregoing. Insofar as the grant above relates to NH Owned Contracts and related property, it is made for administrative convenience and is not intended to derogate from the prior conveyance of the NH Owned Contracts and related property pursuant to the NH Liquidity Receivables Purchase Agreement.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's ’s payment of $262,971,327.86 321,915,546.92 (the "INITIAL “Initial NH PURCHASE PRICE"Purchase Price”) in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL “Initial NH ASSETS"Assets”): (i) the NH PURCHASED CONTRACTSPurchased Contracts and the NH Owned Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and the NH Owned Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts and the NH Owned Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts and the NH Owned Contracts other than any interest in the Dealers' ’ reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and the NH Owned Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract or NH Owned Contract; and (vii) the proceeds of any and all of the foregoing. Insofar as the grant above relates to NH Owned Contracts and related property, it is made for administrative convenience and is not intended to derogate from the prior conveyance of the NH Owned Contracts and related property pursuant to the NH Liquidity Receivables Purchase Agreement.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's ’s payment of $262,971,327.86 [ ] (the "INITIAL “Initial NH PURCHASE PRICE"Purchase Price”) in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL “Initial NH ASSETS"Assets”): (i) the NH PURCHASED CONTRACTSPurchased Contracts and the NH Owned Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and the NH Owned Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts and the NH Owned Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts and the NH Owned Contracts other than any interest in the Dealers' ’ reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and the NH Owned Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract or NH Owned Contract; and (vii) the proceeds of any and all of the foregoing. Insofar as the grant above relates to NH Owned Contracts and related property, it is made for administrative convenience and is not intended to derogate from the prior conveyance of the NH Owned Contracts and related property pursuant to the NH Liquidity Receivables Purchase Agreement.

Conveyance of NH Purchased Contracts. In consideration of CNHCR's payment of $262,971,327.86 337,275,293.58 (the "INITIAL Initial NH PURCHASE PRICEPurchase Price") in the manner set out in SECTION Section 2.5(a), NH Credit does hereby sell, transfer, assign, set over and otherwise convey to CNHCR, without recourse (subject to the obligations herein), all of its right, title, interest and, with respect to any Contracts that are Leases, obligations in, to and under (collectively, the "INITIAL Initial NH ASSETSAssets"): (i) the NH PURCHASED CONTRACTSPurchased Contracts, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the Initial Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to the NH Purchased Contracts and any other interest of NH Credit in such Financed Equipment; (iii) any proceeds with respect to the NH Purchased Contracts from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds from recourse to Dealers with respect to the NH Purchased Contracts other than any interest in the Dealers' reserve accounts maintained with NH Credit; (v) any Financed Equipment that shall have secured the NH Purchased Contracts and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any NH Purchased Contract; and (vii) the proceeds of any and all of the foregoing.