No Adverse Claim. Each Receivable will, together with the Contract related thereto, at all times be owned by such Seller free and clear of any Adverse Claim, and upon each Purchase the Buyer will acquire full equitable and beneficial title and ownership to and of such Receivable, the Collections and the Related Security then existing or thereafter arising free and clear of any Adverse Claim.
Appears in 2 contracts
Samples: Licence Agreement (Exide Corp), Receivables Sale Agreement (Exide Corp)
No Adverse Claim. Each Receivable will, together with the Contract related thereto, at all times be owned by such the Seller free and clear of any Adverse Claim, and upon each Purchase the Buyer will acquire full equitable and beneficial title and ownership to and of such Receivable, the Collections and the Related Security then existing or thereafter arising free and clear of any Adverse Claim.
Appears in 1 contract
No Adverse Claim. Each Receivable will, together with the Contract related thereto, at all times be owned by such the Seller free and clear of any Adverse ClaimClaim except as provided in this Agreement, and upon each Purchase the Buyer will acquire full equitable and beneficial title and ownership to and of such each Purchased Receivable, the Collections and the Related Security then existing or thereafter arising free and clear of any Adverse ClaimClaim except as provided in this Agreement.
Appears in 1 contract
No Adverse Claim. Each Receivable will, together with the Contract related thereto, at all times be owned by such the relevant Seller free and clear of any Adverse ClaimClaim except as provided in this Agreement, and upon each Purchase the Buyer will acquire full equitable and beneficial title and ownership to and of such each Purchased Receivable, the Collections and the Related Security then existing or thereafter arising free and clear of any Adverse ClaimClaim except as provided in this Agreement.
Appears in 1 contract
