Common use of Notice of Liens Clause in Contracts

Notice of Liens. The Seller shall notify the Buyer promptly after becoming aware of any Lien on any Receivable other than Permitted Liens.

Appears in 11 contracts

Samples: Bank Receivables Purchase Agreement (Metris Receivables Inc), Purchase Agreement (Fingerhut Receivables Inc), Purchase Agreement (Fingerhut Receivables Inc)

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Notice of Liens. The Seller shall notify the Buyer promptly after becoming aware of any Lien on any Receivable Purchased Asset other than Permitted Liens.

Appears in 4 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (Metris Master Trust), Receivables Purchase Agreement (HSBC Credit Card Master Note Trust (Usa) I)

Notice of Liens. The Seller shall notify the Buyer Purchaser promptly after becoming aware of any Lien arising through or under the Seller on any Receivable Purchased Asset other than Permitted Liensthe conveyances hereunder.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing Corp Iv LLC)

Notice of Liens. The Seller shall promptly notify the Buyer promptly Custodian after becoming aware of any Lien on any Receivable other than Permitted Liens.Receivable;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Golden Credit Card Trust), Pooling and Servicing Agreement

Notice of Liens. The Seller shall notify the Buyer Purchaser promptly after becoming aware of any Lien on any Receivable created by the Seller, other than Permitted Liens of the type identified in clauses (iii)-(v) of the definition of Permitted Liens, on the Sold Assets.

Appears in 1 contract

Samples: Sale Agreement (Interpool Inc)

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Notice of Liens. The Seller shall notify the Buyer promptly after Purchaser immediately upon becoming aware of any Lien on any Receivable or Related Security other than Permitted Liensthe conveyances hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CHS Inc)

Notice of Liens. The Seller shall notify the Buyer Purchaser promptly after becoming aware of any Lien on any Receivable other than Permitted Liensthe Conveyances hereunder and under the Transaction Documents.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Conseco Finance Credit Card Funding Corp)

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