Common use of Sale and Servicing Agreement Clause in Contracts

Sale and Servicing Agreement. As a condition to the sale hereunder, World Xxxx agrees to make the representations and warranties to WOAR in respect of the Receivables and the pool of Receivables set forth in Sections 3.01(a) and (b) of the Sale and Servicing Agreement, and in that connection agrees to execute the Sale and Servicing Agreement. World Xxxx agrees that WOAR may rely on such representations and warranties in accepting the Receivables.

Appears in 17 contracts

Samples: Receivables Purchase Agreement (World Omni Auto Receivables Trust 2024-C), Receivables Purchase Agreement (World Omni Auto Receivables Trust 2024-C), Receivables Purchase Agreement (World Omni Select Auto Trust 2024-A)

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Sale and Servicing Agreement. As a condition to the sale hereunder, World Xxxx Oxxx agrees to make the representations and warranties to WOAR in respect of the Receivables and the pool of Receivables set forth in Sections 3.01(a) and (b) of the Sale and Servicing Agreement, and in that connection agrees to execute the Sale and Servicing Agreement. World Xxxx Oxxx agrees that WOAR may rely on such representations and warranties in accepting the Receivables.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (World Omni Auto Receivables Trust 2023-A), Receivables Purchase Agreement (World Omni Auto Receivables Trust 2023-A)

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