Common use of Sale of Other Receivables Clause in Contracts

Sale of Other Receivables. If at any time the Seller shall propose to sell, grant a security interest in, or otherwise transfer any interest in any automobile or light-duty truck receivables (other than the Linc Receivables) to any prospective purchaser, lender, or other transferee, the Seller shall give to such prospective purchaser, lender, or other transferee computer tapes, records, or print-outs (including any restored from back-up archives) that, if they shall refer in any manner whatsoever to any Linc Receivable, shall indicate clearly that such Linc Receivable has been sold and is owned by the Purchaser unless such Linc Receivable has been paid in full or repurchased.

Appears in 3 contracts

Samples: Link Purchase Agreement (Consumer Portfolio Services Inc), Assignment (Consumer Portfolio Services Inc), Receivables Purchase Agreement (Consumer Portfolio Services Inc)

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Sale of Other Receivables. If at any time the Seller shall propose to sell, grant a security interest in, or otherwise transfer any interest in any automobile automobile, light truck, van or light-duty truck minivan receivables (other than the Linc Receivables) to any prospective purchaser, lender, or other transferee, the Seller shall give to such prospective purchaser, lender, or other transferee computer tapes, records, or print-outs (including any restored from back-up archives) that, if they shall refer in any manner whatsoever to any Linc Receivable, shall indicate clearly that such Linc Receivable has been sold and is owned by the Purchaser unless such Linc Receivable has been paid in full or repurchased.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Consumer Portfolio Services Inc)

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Sale of Other Receivables. If at any time the Seller shall propose to sell, grant a security interest in, or otherwise transfer any interest in any automobile or light-light- duty truck receivables (other than the Linc Receivables) to any prospective purchaser, lender, or other transferee, the Seller shall give to such prospective purchaser, lender, or other transferee computer tapes, records, or print-outs (including any restored from back-up archives) that, if they shall refer in any manner whatsoever to any Linc Receivable, shall indicate clearly that such Linc Receivable has been sold and is owned by the Purchaser unless such Linc Receivable has been paid in full or repurchased.

Appears in 1 contract

Samples: Assignment (Consumer Portfolio Services Inc)

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