Conveyance of Trust Property. (a) In consideration of the Trust’s delivery to, or upon the written order of, the Depositor of authenticated Notes, in authorized denominations in aggregate principal amounts equal to the Initial Note Balance, and authenticated Certificates, the Depositor hereby irrevocably sells, transfers, assigns, sets over and otherwise conveys to the Trust, without recourse (subject to the obligations herein), all right, title and interest of the Depositor, whether now owned or hereafter acquired, in, to and under the following:
Appears in 97 contracts
Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2024-3), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)
Conveyance of Trust Property. (a) In consideration of the Trust’s 's delivery to, or upon the written order of, the Depositor Seller of authenticated NotesNotes and Certificates, in authorized denominations in aggregate principal amounts equal to the initial principal amount of the Notes and the Initial Note Certificate Balance, and authenticated Certificatesrespectively, the Depositor Seller hereby irrevocably sells, transfers, assigns, sets over assigns and otherwise conveys to the Trust, without recourse (subject to the obligations herein), all right, title and interest of the DepositorSeller, whether now owned or hereafter acquired, in, to and under the following:
Appears in 28 contracts
Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1), Sale and Servicing Agreement (Mmca Auto Receivables Trust)
Conveyance of Trust Property. (a) In consideration of the Trust’s delivery to, or upon the written order of, the Depositor of authenticated Notes, in authorized denominations in aggregate principal amounts equal to the Initial Note Balance, and authenticated Certificates, the Depositor hereby irrevocably sells, transfers, assigns, sets over assigns and otherwise conveys to the Trust, without recourse (subject to the obligations herein), all right, title and interest of the Depositor, whether now owned or hereafter acquired, in, to and under the following:
Appears in 16 contracts
Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2010-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2010-1), Sale and Servicing Agreement (Carmax Auto Funding LLC)
Conveyance of Trust Property. (a) In consideration of the Trust’s 's delivery to, or upon the written order of, the Depositor of authenticated NotesNotes and Certificates, in authorized denominations in aggregate principal amounts equal to the Initial Note Balance and the Initial Certificate Balance, and authenticated Certificatesrespectively, the Depositor hereby irrevocably sells, transfers, assigns, sets over assigns and otherwise conveys to the Trust, without recourse (subject to the obligations herein), all right, title and interest of the Depositor, whether now owned or hereafter acquired, in, to and under the following:
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)
Conveyance of Trust Property. (a) In consideration of the Trust’s 's delivery to, or upon the written order of, the Depositor of authenticated Notes, in authorized denominations in aggregate principal amounts equal to the Initial Note Balance, and authenticated Certificates, the Depositor hereby irrevocably sells, transfers, assigns, sets over assigns and otherwise conveys to the Trust, without recourse (subject to the obligations herein), all right, title and interest of the Depositor, whether now owned or hereafter acquired, in, to and under the following:
Appears in 4 contracts
Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-1), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)