Common use of Intent to Sell Clause in Contracts

Intent to Sell. It is the intention of the Seller that the transfer and assignment herein contemplated, taken as a whole, constitute a sale of the Receivables from the Seller to the Issuer and that the beneficial interest in and title to the Receivables not be part of the Seller’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.

Intent to Sell. It is the intention of the Seller that the transfer and assignment herein contemplated, taken as a whole, constitute a sale of the Receivables from the Seller to the Issuer Purchaser and that the beneficial interest in and title to the Receivables not be part of the Seller’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.

Intent to Sell. It is the intention of the Seller that the transfer and assignment herein contemplated, taken as a whole, constitute a sale of the Receivables from the Seller to the Issuer and that the beneficial interest in and title to the Receivables not be part of the Sellerdebtor’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.

Intent to Sell. It is the intention of the Seller that the transfer and assignment herein contemplated, taken as a whole, constitute a sale of the Receivables from the Seller to the Issuer Purchaser and that the beneficial interest in and title to the Receivables not be part of the Sellerdebtor’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.