Common use of Receivable Not Assumable Clause in Contracts

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof with respect to such Receivable.

Appears in 155 contracts

Samples: Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)

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Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof with respect to such Receivable.. Receivable File

Appears in 63 contracts

Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof AmeriCredit with respect to such Receivable.

Appears in 54 contracts

Samples: Purchase Agreement, Purchase Agreement (AmeriCredit Automobile Receivables Trust 2008-1), Purchase Agreement (Americredit Automobile Receivables Trust 2005-C-F)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof with respect to such Receivable.

Appears in 47 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Receivables Purchase Agreement (California Republic Funding LLC)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 16 contracts

Samples: Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp)

Receivable Not Assumable. No Receivable is assumable by another ------------------------ Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof AmeriCredit with respect to such Receivable.

Appears in 15 contracts

Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Originator with respect to such Receivable.

Appears in 8 contracts

Samples: Purchase Agreement (Triad Automobile Receivables Trust 2006-A), Purchase Agreement (Triad Financial Special Purpose LLC), Purchase Agreement (Triad Automobile Receivables Trust 2005-A)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Triad with respect to such Receivable.

Appears in 5 contracts

Samples: Purchase Agreement (Triad Automobile Receivables Trust 2002 A), Receivables Purchase Agreement (Triad Financial Corp), Receivables Purchase Agreement (Asset Backed Securities Corp)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner holder thereof with respect to such Receivable.

Appears in 5 contracts

Samples: Purchase Agreement (AmeriCredit Automobile Receivables Trust 2010-1), Purchase Agreement (AmeriCredit Automobile Receivables Trust 2009-1), Purchase Agreement (AmeriCredit Prime Automobile Receivables Trust 2009-1)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof Originator with respect to such Receivable.

Appears in 3 contracts

Samples: Purchase Agreement (Triad Financial Special Purpose LLC), Purchase Agreement (Triad Financial Special Purpose LLC), Purchase Agreement (Triad Financial Special Purpose LLC)

Receivable Not Assumable. No Receivable is assumable by another Person ------------------------ in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 3 contracts

Samples: Purchase Agreement (TFC Enterprises Inc), Sale and Servicing Agreement (TFC Enterprises Inc), Sale and Servicing Agreement (TFC Enterprises Inc)

Receivable Not Assumable. No Such Receivable is not assumable by another Person in a manner which that would release the related Obligor thereof from such Obligor’s 's obligations to the owner thereof Servicer with respect to such Receivable.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)

Receivable Not Assumable. No Receivable is assumable by another Person in a ------------------------ manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 2 contracts

Samples: Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (TFC Enterprises Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Receivables Seller with respect to such Receivable.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Americredit Corp)

Receivable Not Assumable. No Such Receivable is not assumable by another Person in a manner which that would release the related Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 2 contracts

Samples: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1), Purchase and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Depositor with respect to such Receivable.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Contributor with respect to such Receivable.

Appears in 2 contracts

Samples: Contribution Agreement (Bay View Capital Corp), Contribution Agreement (Bay View Capital Corp)

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Receivable Not Assumable. No Receivable is assumable by another any other Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Corp)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof Seller[s] with respect to such Receivable.

Appears in 1 contract

Samples: Purchase Agreement (AFS SenSub Corp.)

Receivable Not Assumable. No Receivable is assumable by another Person in a ------------------------ manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Originator with respect to such Receivable.

Appears in 1 contract

Samples: Purchase Agreement (TFC Enterprises Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 1 contract

Samples: Purchase Agreement (Advanta Automobile Receivables 1998-1)

Receivable Not Assumable. No Receivable is assumable by another Person in ------------------------ a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof AmeriCredit with respect to such Receivable.

Appears in 1 contract

Samples: Purchase Agreement (Americredit Financial Services Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof originator or applicable Borrower with respect to such Receivable.

Appears in 1 contract

Samples: Loan Agreement (Autoinfo Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof Depositor with respect to such Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bay View Capital Corp)

Receivable Not Assumable. No Receivable is assumable by another ------------------------ Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof Seller with respect to such Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (TFC Enterprises Inc)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof Seller with respect to such Receivable.

Appears in 1 contract

Samples: Purchase Agreement (AmeriCredit Prime Automobile Receivables Trust 2007-1)

Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the owner thereof [related] Originator with respect to such Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (AFS SenSub Corp.)

Receivable Not Assumable. No Receivable is assumable by another Person ------------------------Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the owner thereof AmeriCredit with respect to such Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Financial Services Inc)

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