Common use of Conveyance of the Receivables Clause in Contracts

Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $800,049,820.04 (the "Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser, without recourse (subject to the obligations herein) all of the Seller's right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2007-1)

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Conveyance of the Receivables. In consideration of the Purchaser's ’s payment to the Seller of $800,049,820.04 391,005,553 (the "Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser, without recourse (subject to the obligations herein) all of the Seller's ’s right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2008-1)

Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $800,049,820.04 [_____________] (the "Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser, without recourse (subject to the obligations herein) all of the Seller's right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ml Asset Backed Corp)

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Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $800,049,820.04 1,766,358,574 (the "Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser, without recourse (subject to the obligations herein) all of the Seller's right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2005-1)

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