Common use of Restrictions on Transfer of Residual Interest Instruments Clause in Contracts

Restrictions on Transfer of Residual Interest Instruments. (a) Each prospective purchaser and any subsequent transferee of a Residual Interest Instrument (each, a "PROSPECTIVE OWNER"), other than the Depositor, by virtue of its acceptance thereof, shall be deemed to have represented and warranted to the Owner Trustee, the Trust Agent and the Certificate Registrar and any of their respective successors that:

Appears in 17 contracts

Samples: Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp)

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Restrictions on Transfer of Residual Interest Instruments. (a) Each prospective purchaser and any subsequent transferee of a Residual Interest Instrument (each, a "PROSPECTIVE OWNERProspective Owner"), other than FFI or the Depositor, by virtue of its acceptance thereofCompany, shall be deemed to have represented represent and warranted warrant, in writing, to the Owner Trustee, the Trust Agent Trustee and the Certificate Registrar and any of their respective successors that:

Appears in 3 contracts

Samples: Trust Agreement (Firstplus Investment Corp), Trust Agreement (Firstplus Investment Corp), Trust Agreement (Firstplus Investment Corp)

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Restrictions on Transfer of Residual Interest Instruments. (a) Each prospective purchaser and any subsequent transferee of a Residual Interest Instrument (each, a "PROSPECTIVE OWNER"“Prospective Owner”), other than the Depositor, by virtue of its acceptance thereof, shall be deemed to have represented and warranted to the Owner Trustee, the Trust Agent and the Certificate Registrar and any of their respective successors that:

Appears in 2 contracts

Samples: Trust Agreement (Onyx Acceptance Owner Trust 2005-A), Trust Agreement (Onyx Acceptance Owner Trust 2005-B)

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