Common use of Sale of Interests Clause in Contracts

Sale of Interests. The Tax Partners agree that any sale by a Tax Partner of any ownership interest in a Certificate shall be deemed to be a sale of all or a portion of such Tax Partner's interest in the Tax Partnership.

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (Uacsc 1997-C Auto Trust), Pooling and Servicing Agreement (Uacsc 1997-D Auto Trust), Pooling and Servicing Agreement (Uacsc 1997-a Auto Trust)

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Sale of Interests. The Tax Partners agree that any sale by a Tax Partner of any ownership interest in a Trust Certificate shall be deemed to be a sale of all or a portion of such Tax Partner's interest in the Tax Partnership.

Appears in 6 contracts

Samples: Trust Agreement (Nal Financial Group Inc), Trust and Servicing Agreement (Finova Group Inc), Trust Agreement (Nal Financial Group Inc)

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