Common use of Sale of Other Receivables Clause in Contracts

Sale of Other Receivables. If at any time the Depositor shall propose to sell, grant a security interest in, or otherwise transfer any interest in any automobile, van, sport utility vehicle or light duty truck installment sale contracts (other than the Receivables) to any prospective purchaser, lender, or other transferee, the Depositor shall give to such prospective purchaser, lender or other transferee computer tapes, records, or print-outs (including any restored from backup archives) that, if they shall refer in any manner whatsoever to any Receivable or Financed Vehicle, shall indicate clearly that such Receivable or Financed Vehicle has been transferred to the Issuer and pledged to the Indenture Trustee unless such Receivable has been paid in full or repurchased.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Bay View Capital Corp)

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Sale of Other Receivables. If at any time the Depositor Contributor shall propose to sell, grant a security interest in, or otherwise transfer any interest in any new or used automobile, van, sport utility vehicle van or light light-duty truck installment sale contracts (other than the Receivables) to any prospective purchaser, lender, or other transferee, the Depositor such Contributor shall give to such prospective purchaser, lender or other transferee computer tapes, records, or print-print- outs (including any restored from backup back-up archives) that, if they shall refer in any manner whatsoever to any Receivable or Financed VehicleReceivable, shall indicate clearly that such Receivable or Financed Vehicle has been transferred to the Issuer and pledged to the Indenture Trustee unless such Receivable or Financed Vehicle has been paid in full or repurchased.

Appears in 1 contract

Samples: Contribution Agreement (Bay View Capital Corp)

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Sale of Other Receivables. If at any time the Depositor Contributor shall propose to sell, grant a security interest in, or otherwise transfer any interest in any new or used automobile, van, sport utility vehicle van or light light-duty truck installment sale contracts (other than the Receivables) to any prospective purchaser, lender, or other transferee, the Depositor such Contributor shall give to such prospective purchaser, lender or other transferee computer tapes, records, or print-outs (including any restored from backup back-up archives) that, if they shall refer in any manner whatsoever to any Receivable or Financed VehicleReceivable, shall indicate clearly that such Receivable or Financed Vehicle has been transferred to the Issuer and pledged to the Indenture Trustee unless such Receivable or Financed Vehicle has been paid in full or repurchased.

Appears in 1 contract

Samples: Contribution Agreement (Bay View Capital Corp)

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