Sale and Purchase of Receivables. (a) On each Purchase Date, the Seller shall sell to the Buyer without recourse, and the Buyer shall purchase from the Seller, all right, title and interest of the Seller in, to and under all Receivables that (i) were created during the immediately preceding Monthly Period and were not previously sold to the Buyer on the preceding Purchase Date and (ii) all Receivables created and to be created during the Monthly Stub Period (the “Monthly Stub Period Receivables”) for the calendar month in which such Purchase Date occurs (such Receivables being sold hereinafter called “New Receivables”).
Sale and Purchase of Receivables. (a) On each Purchase Date, the Seller shall submit to the Buyer an Offered Receivables List.
Sale and Purchase of Receivables. SECTION 2.1 Sale 4 SECTION 2.2 Intent of the Parties; Grant of Security Interest 4 SECTION 2.3 No Recourse 4 SECTION 2.4 No Assumption of Obligations 4 SECTION 2.5 UCC Filing 5 ARTICLE III CONSIDERATION AND PAYMENT SECTION 3.1 Purchase Price 5 SECTION 3.2 Subordination 5 ARTICLE IV ADMINISTRATION AND COLLECTION
Sale and Purchase of Receivables. .. 1 Section 2.1 Sale of Purchased Property; Payment of Purchase Price..... 1 Section 2.2
Sale and Purchase of Receivables. 1 Section 2.1. Sale of Purchased Property; Payment of Purchase Price. 1 Section 2.2. Savings Clause 1 ARTICLE III REPRESENTATIONS AND WARRANTIES 2 Section 3.1. Representations and Warranties of the Sponsor 2 Section 3.2. Representations and Warranties of the Sponsor About the Receivables 2 Section 3.3. Repurchase of Receivables Upon Breach of Representations or Warranties by the Sponsor. 6 Section 3.4. Representations and Warranties of the Depositor 7
Sale and Purchase of Receivables. SECTION 2.1 Sale 5 SECTION 2.2 Intent of the Parties; Grant of Security Interest 5 SECTION 2.3 No Recourse 6
Sale and Purchase of Receivables. 2. Commitment to Sell and Purchase Receivables
Sale and Purchase of Receivables. 2.1 Subject to the other terms and provisions of this Clause 2 (Sale and Purchase of Receivables), to the terms and conditions of Clauses 3 (Purchase Dates, Conditions Precedent, Etc) and 4 (Terms and Conditions Governing Purchases), as applicable, on each Purchase Date (commencing on the First Purchase Date), each Originator, as absolute legal and beneficial owner with full title guarantee, hereby irrevocably agrees to offer, sell, transfer and assign, absolutely and subject to no further conditions, to the Purchaser, and the Purchaser hereby agrees to accept such offer, to purchase and acquire, without recourse except as otherwise provided in this Agreement, all of such Originator’s right, title, interest and benefit in and to all Receivables that:
Sale and Purchase of Receivables. (a) Upon the terms and subject to the conditions set forth herein, Seller does hereby sell, transfer, assign, set over and otherwise convey to Purchaser on the Closing Date, without recourse (other than as set forth herein), all its right, title and interest, whether now owned or hereafter acquired in, to and under all of the following assets (the “Purchased Assets”):
Sale and Purchase of Receivables
