Common use of Representations and Warranties of AFS Clause in Contracts

Representations and Warranties of AFS. AFS makes the following representations and warranties as of the date hereof and as of each Receivables Transfer Date, as the case may be, on which Purchaser relies in purchasing the Receivables and the Other Conveyed Property. Such representations are made as of the execution and delivery of this Agreement and as of the execution and delivery by AFS of any Supplement, but shall survive the sale and/or contribution, transfer and assignment of the Receivables and the Other Conveyed Property hereunder and under any Supplement, and the grant of the security interest therein and the continuing lien therein by Purchaser to the Collateral Agent for the benefit of the Secured Parties under the Security Agreement. AFS and Purchaser agree that Purchaser will assign to Collateral Agent all Purchaser’s rights under this Agreement and that the Collateral Agent will thereafter be entitled to enforce this Agreement against AFS in the Collateral Agent’s own name on behalf of the Secured Parties.

Appears in 3 contracts

Samples: Receivables Purchase Agreement, Master Receivables Purchase Agreement (Americredit Corp), Purchase Agreement (Americredit Corp)

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Representations and Warranties of AFS. AFS makes the ------------------------------------- following representations and warranties as of the date hereof and as of each Receivables Transfer Date, as the case may be, on which Purchaser relies in purchasing the Receivables and the Other Conveyed Property. Such representations are made as of the execution and delivery of this Agreement and as of the execution and delivery by AFS of any Supplement, but shall survive the sale and/or contribution, transfer and assignment of the Receivables and the Other Conveyed Property hereunder and under any Supplement, and the grant of the security interest therein and the continuing lien therein by Purchaser to the Collateral Agent for the benefit of the Secured Parties under the Security Agreement. AFS and Purchaser agree that Purchaser will assign to Collateral Agent all Purchaser’s 's rights under this Agreement and that the Collateral Agent will thereafter be entitled to enforce this Agreement against AFS in the Collateral Agent’s 's own name on behalf of the Secured Parties.

Appears in 2 contracts

Samples: Master Receivables Purchase Agreement (Americredit Corp), Master Receivables Purchase Agreement (Americredit Corp)

Representations and Warranties of AFS. AFS makes the following ---------------------------------------- representations and warranties as of the date hereof and as of each Receivables Transfer Date, as the case may be, on which Purchaser relies in purchasing the Receivables and the Other Conveyed Property. Such representations are made as of the execution and delivery of this Agreement and as of the execution and delivery by AFS of any Supplement, but shall survive the sale and/or contribution, transfer and assignment of the Receivables and the Other Conveyed Property hereunder and under any Supplement, and the grant of the security interest therein sale, transfer and the continuing lien therein assignment thereof by Purchaser to the Collateral Agent for the benefit of the Secured Parties under the Receivables Financing Agreement and the Security and Collateral Agent Agreement. AFS and Purchaser agree that Purchaser will assign to Collateral Agent all Purchaser’s 's rights under this Agreement and that the Collateral Agent will thereafter be entitled to enforce this Agreement against AFS in the Collateral Agent’s 's own name on behalf of the Secured Parties.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Americredit Financial Services of Canada LTD)

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Representations and Warranties of AFS. AFS makes the following representations and warranties as of the date hereof and as of each Receivables Transfer Date, as the case may be, on which Purchaser relies in purchasing the Receivables and the Other Conveyed Property. Such representations are made as of the execution and delivery of this Agreement and as of the execution and delivery by AFS of any Supplement, but shall survive the sale and/or contribution, transfer and assignment of the Receivables and the Other Conveyed Property hereunder and under any Supplement, and the grant of the security interest therein and the continuing lien therein by Purchaser to the Collateral Agent for the benefit of the Secured Parties under the Security Agreement. AFS and Purchaser agree that Purchaser will assign to Collateral Agent all Purchaser’s 's rights under this Agreement and that the Collateral Agent will thereafter be entitled to enforce this Agreement against AFS in the Collateral Agent’s 's own name on behalf of the Secured Parties.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Americredit Corp)

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