Receivables 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 Seller with respect to such Receivable.
Appears in 55 contracts
Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-C), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2015-C), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2015-B)
Receivables 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 Seller with respect to such Receivable.
Appears in 17 contracts
Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A), Receivables Purchase Agreement (Hyundai Abs Funding Corp)
Receivables Not Assumable. No Receivable is assumable by another person Person in a manner which that would release the Obligor thereof from such Obligor’s obligations to CPS or the Seller with respect to such Receivable.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables Not Assumable. No Related Receivable is assumable by another person Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Purchaser or Seller with respect to such Related Receivable.
Appears in 9 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables Not Assumable. No Receivable is assumable by another person Person in a manner in which would release the Obligor thereof from such Obligor’s 's obligations to CPS or the Seller with respect to such Receivable.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables 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 Seller with respect to such Receivable.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp)
Receivables 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 applicable Seller with respect to such Receivable.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (First Enterprise Financial Group Inc), Sale and Servicing Agreement (First Enterprise Financial Group Inc), Sale and Servicing Agreement (First Enterprise Financial Group Inc)
Receivables Not Assumable. No Related Receivable is assumable by another person Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the Purchaser or the Seller with respect to such Related Receivable.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Enova International, Inc.), Receivables Purchase Agreement (Enova International, Inc.)
Receivables Not Assumable. No Related Receivable is assumable by another person Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the Purchaser or Seller with respect to such Related Receivable.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Nicholas Financial Inc), Receivables Purchase Agreement (Consumer Portfolio Services Inc)
Receivables 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 Seller Transferor or Triad with respect to such Receivable.
Appears in 1 contract
Receivables Not Assumable. No Related Receivable is assumable by another person Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the Purchaser or Seller with respect to such Related Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables 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 CPS or the Seller with respect to such Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables Not Assumable. No Receivable is assumable by another person Person in a manner in which would release the Obligor thereof from such Obligor’s 's obligations to the related Applicable Purchaser or the Seller with respect to such Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables 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 Purchaser or Seller with respect to such Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Receivables Not Assumable. No To the best of the Seller's knowledge, no Receivable is assumable by another person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Seller with respect to such Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (National City Auto Receivables Trust 2004-A)