Conveyance of Subsequent Case Receivables. Subject to the conditions set forth in Section 4.1(b), in consideration of CNHCR's delivery on the related Subsequent Transfer Date to or upon the order of Case Credit of the related Subsequent Case Purchase Price pursuant to Section 2.5, Case 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 "Subsequent Case Assets"; and together with the Initial Case Assets, the "Case Assets"): (i) the Subsequent Case Receivables listed on Schedule A to the related Case Subsequent Transfer Assignment, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the related Subsequent Cutoff Date; (ii) the security interests in the Financed Equipment granted by Obligors pursuant to such Subsequent Case Receivables and any other interest of Case Credit in such Financed Equipment; (iii) any proceeds with respect to such Subsequent Case Receivables from claims on insurance policies covering Financed Equipment or Obligors; (iv) any proceeds with respect to such Subsequent Case Receivables from recourse to Dealers other than any interest in the Dealers' reserve accounts maintained with Case Credit; (v) any Financed Equipment that shall have secured any such Subsequent Case Receivable and that shall have been acquired by or on behalf of CNHCR; (vi) any True Lease Equipment that is subject to any Subsequent Case Receivable; and (vii) the proceeds of any and all of the foregoing.
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Samples: Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc)
Conveyance of Subsequent Case Receivables. Subject to the conditions set forth in Section SECTION 4.1(b), in consideration of CNHCR's delivery on the related Subsequent Transfer Date to or upon the order of Case Credit of the related Subsequent Case Purchase Price pursuant to Section SECTION 2.5, Case 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 "Subsequent Case AssetsSUBSEQUENT CASE ASSETS"; and together with the Initial Case Assets, the "Case AssetsCASE ASSETS"):
(i) the Subsequent Case Receivables listed on Schedule A to the related Case Subsequent Transfer Assignment, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the related Subsequent Cutoff Date;
(ii) the security interests in the Financed Equipment granted by Obligors pursuant to such Subsequent Case Receivables and any other interest of Case Credit in such Financed Equipment;
(iii) any proceeds with respect to such Subsequent Case Receivables from claims on insurance policies covering Financed Equipment or Obligors;
(iv) any proceeds with respect to such Subsequent Case Receivables from recourse to Dealers other than any interest in the Dealers' reserve accounts maintained with Case Credit;
(v) any Financed Equipment that shall have secured any such Subsequent Case Receivable and that shall have been acquired by or on behalf of CNHCR;
(vi) any True Lease Equipment that is subject to any Subsequent Case Receivable; and
(vii) the proceeds of any and all of the foregoing.
Appears in 1 contract
Samples: Case Purchase Agreement (CNH Capital Receivables Inc)
Conveyance of Subsequent Case Receivables. Subject to the conditions set forth in Section 4.1(b), in consideration of CNHCR's ’s delivery on the related Subsequent Transfer Date to or upon the order of Case Credit of the related Subsequent Case Purchase Price pursuant to Section 2.5, Case 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 "“Subsequent Case Assets"”; and together with the Initial Case Assets, the "“Case Assets"”):
(i) the Subsequent Case Receivables listed on Schedule A to the related Case Subsequent Transfer Assignment, including all documents constituting chattel paper included therewith, and all obligations of the Obligors thereunder, including all moneys paid thereunder on or after the related Subsequent Cutoff Date;
(ii) the security interests in the Financed Equipment granted by Obligors pursuant to such Subsequent Case Receivables and any other interest of Case Credit in such Financed Equipment;
(iii) any proceeds with respect to such Subsequent Case Receivables from claims on insurance policies covering Financed Equipment or Obligors;
(iv) any proceeds with respect to such Subsequent Case Receivables from recourse to Dealers other than any interest in the Dealers' ’ reserve accounts maintained with Case Credit;
(v) any Financed Equipment that shall have secured any such Subsequent Case Receivable and that shall have been acquired by or on behalf of CNHCR;
(vi) any True Lease Equipment that is subject to any Subsequent Case Receivable; and
(vii) the proceeds of any and all of the foregoing.
Appears in 1 contract
Samples: Case Purchase Agreement (CNH Capital Receivables Inc)