Common use of Purchase, Sale and Delivery of the Offered Notes Clause in Contracts

Purchase, Sale and Delivery of the Offered Notes. Each Underwriter executing this Agreement on its own behalf and as a Representative of the several Underwriters (the “Representatives”) hereby represents and warrants to the Depositor that it has been authorized by the other Underwriters to execute this Agreement on their behalf. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Depositor agrees to sell to the Underwriters, and each Underwriter, severally and not jointly, agrees to purchase from the Depositor, the respective principal balance of each class of Offered Notes set forth opposite the name of such Underwriter on Schedule 1. Each class of Offered Notes is to be purchased at the respective purchase price set forth on Schedule 2, plus accrued interest to the extent set forth on such Schedule 2.

Appears in 59 contracts

Samples: Underwriting Agreement (Ally Auto Receivables Trust 2024-1), Underwriting Agreement (Ally Auto Receivables Trust 2023-1), Underwriting Agreement (Ally Auto Receivables Trust 2022-3)

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Purchase, Sale and Delivery of the Offered Notes. Each Underwriter executing this Agreement on its own behalf and as a Representative of the several Underwriters (the “Representatives”) hereby represents and warrants to the Depositor that it has been authorized by the other Underwriters to execute this Agreement on their behalf. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Depositor agrees to sell to the Underwriters, and each Underwriter, severally and not jointly, agrees to purchase from the Depositor, the respective principal balance of each class of the Offered Notes set forth opposite the name of such Underwriter on Schedule 1. Each class of The Offered Notes is are to be purchased at the respective purchase price set forth on Schedule 2, plus accrued interest to the extent set forth on such Schedule 2.

Appears in 4 contracts

Samples: Underwriting Agreement (Ally Master Owner Trust), Underwriting Agreement (Ally Master Owner Trust), Underwriting Agreement (Ally Master Owner Trust)

Purchase, Sale and Delivery of the Offered Notes. Each Underwriter executing this Agreement on its own behalf and as a Representative of the several Underwriters (the “Representatives”) hereby represents and warrants to the Depositor that it has been authorized by the other Underwriters to execute this Agreement on their behalf. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Depositor agrees to sell to the Underwriters, and each Underwriter, severally and not jointly, agrees to purchase from the Depositor, the respective principal balance of each class of the Offered Notes set forth opposite the name of such Underwriter on Schedule 1. Each class of The Offered Notes is are to be purchased at the respective purchase price set forth on Schedule 2, plus accrued interest to the extent set forth on such Schedule 2.

Appears in 3 contracts

Samples: Underwriting Agreement (Ally Master Owner Trust), Underwriting Agreement (Ally Master Owner Trust), Underwriting Agreement (Ally Master Owner Trust)

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Purchase, Sale and Delivery of the Offered Notes. Each Underwriter executing this Agreement on its own behalf and as a Representative of the several Underwriters (the “Representatives”) hereby represents and warrants to the Depositor that it has been authorized by the other Underwriters to execute this Agreement on their behalf. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Depositor agrees to sell to the Underwriters, and each Underwriter, severally and not jointly, agrees to purchase from the Depositor, the respective principal balance of each class Class of Offered Notes set forth opposite the name of such Underwriter on Schedule 1. 1 Each class Class of Offered Notes is to be purchased at the respective purchase price set forth on Schedule 2, plus accrued interest to the extent set forth on such Schedule 2.

Appears in 3 contracts

Samples: Underwriting Agreement (Huntington Funding, LLC), Underwriting Agreement (Huntington Funding, LLC), Underwriting Agreement (Huntington Funding, LLC)

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