Common use of Files Marked; Files and Records Owned by Purchaser Clause in Contracts

Files Marked; Files and Records Owned by Purchaser. The Transferor shall, at its own expense, on or prior to the Closing Date or Funding Date, as the case may be, indicate in its files that the Receivables have been absolutely assigned to the Purchaser pursuant to this Agreement and the Transferor shall deliver to the Purchaser a Schedule of Receivables certified by the Chairman, the President, a Vice President or the Treasurer of the Transferor to be true, correct and complete. Further, the Transferor hereby agrees that the computer files and other physical records of the Receivables maintained by the Transferor will bear an indication reflecting that the Receivables are owned by the Purchaser.

Appears in 4 contracts

Samples: Transfer and Assignment Agreement (Capital One Auto Receivables Trust 2001-B), Transfer and Assignment Agreement (Capital One Auto Receivables LLC), Transfer and Assignment Agreement (Capital One Auto Finance Trust 2002-C)

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