Common use of Custody of Contract Files Clause in Contracts

Custody of Contract Files. In connection with the sale, assignment, transfer and conveyance of the Contracts (including the Subsequent Contracts) to the Trust pursuant to this Agreement and each Subsequent Transfer Agreement, First Sierra, as Servicer under the Servicing Agreement and as agent of the Indenture Trustee will retain the Contract Files and any related evidence of insurance and payments; provided, however, that First Sierra will physically convey the original executed counterparts of each Contract and the related Certificate of Title, if applicable, to the Indenture Trustee in accordance with the terms of the Indenture.

Custody of Contract Files. In connection with the sale, assignment, transfer and conveyance of the Contracts (including the Subsequent Contracts) to the Trust pursuant to this Agreement and each Subsequent Transfer Agreement, First Sierra, as Servicer under the Servicing Agreement and as agent of the Indenture Trustee will retain the Contract Files and any related evidence of insurance and payments; provided, however, that First Sierra will physically convey the original executed counterparts of each Contract and the related Certificate of Title, if applicable, to the Indenture Trustee in accordance with the terms of the Indenture.

Custody of Contract Files. In connection with the salecontribution, assignment, transfer and conveyance of the Contracts (including the Subsequent Contracts) to the Trust Transferor pursuant to this Agreement and each Subsequent Transfer Agreement, First Sierra, as Servicer under the Servicing Agreement and as agent of the Indenture Trustee will retain the Contract Files and any related evidence of insurance and payments; provided, however, that First Sierra will physically convey the original executed counterparts of each Contract and the related Certificate of Title, if applicable, to the Indenture Trustee in accordance with the terms of the Indenture.