Common use of No Documents or Instruments Clause in Contracts

No Documents or Instruments. No such Receivable or constituent part thereof, constitutes a “negotiable instrument” or “negotiable document of title” (as such terms are used in the UCC). In addition to the representations, warranties and covenants contained in this Agreement, BANA hereby represents, warrants, and covenants to the First Tier Purchaser as follows on the Closing Date:

Appears in 4 contracts

Samples: Purchase Agreement (Bank of America Auto Trust 2012-1), Purchase Agreement (Bank of America Auto Trust 2012-1), Purchase Agreement (Bank of America Auto Trust 2010-2)

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No Documents or Instruments. No such Receivable or constituent part thereof, constitutes a “negotiable instrument” or “negotiable document of title” (as such terms are used in the UCC). In addition to the representations, warranties and covenants contained in this Agreement, BANA BAASC hereby represents, warrants, and covenants to the First Third Tier Purchaser as follows on the Closing Date:

Appears in 4 contracts

Samples: Purchase Agreement (Bank of America Auto Trust 2012-1), Purchase Agreement (Bank of America Auto Trust 2012-1), Purchase Agreement (Bank of America Auto Trust 2010-2)

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