Common use of Conveyance of Receivables Clause in Contracts

Conveyance of Receivables. (a) In consideration of the Issuing Entity’s delivery to or upon the order of the Seller on the Closing Date of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing Entity, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “CNHCR Assets”):

Conveyance of Receivables. (a) In consideration of the Issuing EntityIssuer’s delivery to or upon the order of the Seller on the Closing Date of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with the terms of this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations set forth herein), all of its right, title and interest in, to of the Seller in and under the following (collectively, the “CNHCR Assets”):to:

Conveyance of Receivables. (a) In consideration of the Issuing Entity’s Depositor's delivery to or upon the order of the Seller on the Closing Date of $_________________ (the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement"Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign, set over and otherwise convey to the Issuing EntityDepositor, without recourse (subject to the obligations of the Seller set forth herein), ) all of its right, title title, and interest inof the Seller, whether now or hereinafter acquired, in and to and under the following (collectively, the “CNHCR Assets”):Trust Property.