Common use of Conveyance of Subsequent Conveyed Collateral Clause in Contracts

Conveyance of Subsequent Conveyed Collateral. (a) As and when permitted by the Indenture and subject to Section 2.1(d), this Section 2.4 and the satisfaction of the conditions imposed under the Indenture with respect to the acquisition of Subsequent Conveyed Collateral, the Transferor may at its option (but shall not be obligated to) sell, convey and transfer to the Retention Holder (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified therein) all the right, title and interest of the Transferor in and to the Subsequent Conveyed Collateral identified on Schedule I thereto, in each and every case without recourse other than as expressly provided herein and therein and the Retention Holder shall be required to purchase from the Transferor and sell, convey and transfer to the Issuer (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified therein) all the right, title and interest of the Retention Holder in and to the Subsequent Conveyed Collateral identified on Schedule I thereto, in each and every case without recourse other than as expressly provided herein and therein.

Conveyance of Subsequent Conveyed Collateral. (a) As and when permitted by the Indenture and subject to Section 2.1(d), this Section 2.4 and the satisfaction of the conditions imposed under the Indenture with respect to the acquisition of Subsequent Conveyed Collateral, the Transferor may at its option (but shall not be obligated to) sell, convey and transfer to the Retention Holder Depositor (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified thereinAgreement) all the right, title and interest of the Transferor in and to the Subsequent Conveyed Collateral identified on Schedule I thereto, in each and every case without recourse other than as expressly provided herein and therein and the Retention Holder Depositor shall be required to purchase from the Transferor and sell, convey and transfer to the Issuer (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified thereinAgreement) all the right, title and interest of the Retention Holder Depositor in and to the Subsequent Conveyed Collateral identified on Schedule I thereto, in each and every case without recourse other than as expressly provided herein and therein.

Conveyance of Subsequent Conveyed Collateral. (a) As and when permitted by the Indenture and subject to Section 2.1(d), this Section 2.4 and the satisfaction of the conditions imposed under the Indenture with respect to the acquisition of Subsequent Conveyed Collateral, the Transferor Originator may at its option (but shall not be obligated to) sell, convey and transfer to the Retention Holder Depositor (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified thereinAgreement) all the right, title and interest of the Transferor Originator in and to the Subsequent Conveyed Collateral identified on Schedule I 1 thereto, in each and every case without recourse other than as expressly provided herein and therein and the Retention Holder Depositor shall be required to purchase from the Transferor Originator and sell, convey and transfer to the Issuer (by delivery of an executed Subsequent Transfer Agreement for settlement on the Settlement Date specified thereinAgreement) all the right, title and interest of the Retention Holder Depositor in and to the Subsequent Conveyed Collateral identified on Schedule I 1 thereto, in each and every case without recourse other than as expressly provided herein and therein.