Common use of Permitted Assignee of Co-Owner Clause in Contracts

Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 2022-1 Co-Owner in favour of the Indenture Trustee of all of the Series 2022-1 Co-Owner’s rights, benefits and the Series 2022-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 2022-1 Ownership Interest pursuant to the enforcement and realization provisions of the Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

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Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 20222023-1 Co-Owner in favour of the Indenture Trustee of all of the Series 20222023-1 Co-Owner’s rights, benefits and the Series 20222023-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 20222023-1 Ownership Interest pursuant to the enforcement and realization provisions of the Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 20222019-1 Co-Owner in favour of the Indenture Trustee of all of the Series 20222019-1 Co-Owner’s rights, benefits and the Series 20222019-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 20222019-1 Ownership Interest pursuant to the enforcement and realization provisions of the Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 20222020-1 Co-Owner in favour of the Indenture Trustee of all of the Series 20222020-1 Co-Owner’s rights, benefits and the Series 20222020-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 20222020-1 Ownership Interest pursuant to the enforcement and realization provisions of the Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

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Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 20221997-1 Co-Co- Owner in favour of the Indenture Trustee of all of the Series 20221997-1 Co-Owner’s rights, benefits and the Series 20221997-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 20221997-1 Ownership Interest pursuant to the enforcement and realization provisions of the Trust Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

Permitted Assignee of Co-Owner. For the purpose of Section 12.5 of the Pooling and Servicing Agreement, the assignment by way of security by the Series 20222024-1 Co-Owner in favour of the Indenture Trustee of all of the Series 20222024-1 Co-Owner’s rights, benefits and the Series 20222024-1 Ownership Interest and the further assignment, if any, by the Indenture Trustee of the Series 20222024-1 Ownership Interest pursuant to the enforcement and realization provisions of the Indenture are permitted assignments under the Pooling and Servicing Agreement and, for greater certainty, the Indenture Trustee and any subsequent assignee of the Indenture Trustee is a permitted assignee thereunder.

Appears in 1 contract

Samples: Purchase Agreement

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