Conveyance of Substitute Contracts. (a) Subject to Sections 2.01(d) and (e) above and the satisfaction of the conditions set forth in paragraph (b) below, at the option of the Issuer, the Originator may at its option (but shall not be obligated to) sell, transfer, assign, set over and otherwise convey to the Issuer (by delivery of an executed Subsequent Transfer Agreement substantially in the form attached as Exhibit I hereto), without recourse other than as expressly provided herein and therein (and the Issuer shall be required to purchase through payment by exchange of one or more related Contracts released by the Indenture Trustee to the Issuer on the Subsequent Transfer Date), all the right, title and interest of the Originator in and to (the property in clauses (i)-(vi) below, upon such transfer, becoming part of the "Contract Assets"):
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2000-1 LLC), Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2002-1 LLC), Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2000-1 LLC)
