Common use of Reassignment of Purchased Receivables Clause in Contracts

Reassignment of Purchased Receivables. With respect to all Receivables repurchased by the Seller pursuant to this Agreement, the Purchaser shall assign, without recourse, representation or warranty, to the Seller all the Purchaser's right, title and interest in and to such Receivables, and all security and documents relating thereto.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Consumer Portfolio Services Inc), CPS Purchase Agreement (Consumer Portfolio Services Inc)

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Reassignment of Purchased Receivables. With respect to all Receivables repurchased by the a Seller pursuant to this Agreement, the Purchaser shall assign, without recourse, representation or warranty, to the such Seller all the of Purchaser's right, title and interest in and to such Receivables, and all security and documents relating thereto.

Appears in 2 contracts

Samples: First Tier Receivables Purchase Agreement (Asset Backed Securities Corp), First Tier Receivables Purchase Agreement (Compass Auto Receivables Trust 1998-A)

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