Common use of Reassignment of Repurchased or Substituted Contracts Clause in Contracts

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01), and upon receipt of an Officer's Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Contract and related Trust Assets without recourse, representation or warranty. Such reassigned Contract shall no longer thereafter be included in any calculations of Principal Balances required to be made hereunder or otherwise be deemed a part of the Trust.

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts Transfer Deposit Amount as described in Section 11.01 or Section 11.03 7.06 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01)7.06) or the repurchase price set forth in Section 7.08, and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit FEXHIBIT G, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Contract and related Trust Assets without recourse, representation or warranty. Such , and such reassigned Contract shall no longer thereafter be included in any calculations of Principal Discounted Contract Balances required to be made hereunder or otherwise be deemed a part of the Trust.

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01), and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit FG, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased repurchase or substituted substitute Contract and related Trust Assets without recourse, representation or warranty. Such reassigned Contract shall no longer thereafter be included in any calculations of Principal Discounted Contract Balances required to be made hereunder or otherwise be deemed a part of the Trust.

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01), and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit FG, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the original applicable Originator all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Contract and related Trust Assets without recourse, representation or warranty. Such reassigned Contract shall no longer thereafter be included in any calculations of Principal Discounted Contract Balances required to be made hereunder or otherwise be deemed a part of the Trust.

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01), and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit FEXHIBIT G, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the original applicable Originator all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Contract and related Trust Assets without recourse, representation or warranty. Such reassigned Contract shall no longer thereafter be included in any calculations of Principal Discounted Contract Balances required to be made hereunder or otherwise be deemed a part of the Trust.

Reassignment of Repurchased or Substituted Contracts. Upon receipt by the Indenture Trustee for deposit in the Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Contract described in Section 11.01), and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit F, the 85 92 Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Trust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Contract and related Trust Assets without recourse, representation or warranty. Such reassigned Contract shall no longer thereafter be included in any calculations of Principal Balances required to be made hereunder or otherwise be deemed a part of the Trust.