Common use of Sale of Other Receivables Clause in Contracts

Sale of Other Receivables. If at any time the Originator 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 Originator 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 Receivable, shall indicate clearly that such Receivable has been pledged to the Indenture Trustee unless such Receivable has been paid in full or repurchased.

Appears in 2 contracts

Samples: Purchase Agreement (United Fidelity Finance LLC), Purchase Agreement (United Fidelity Auto Receivables Trust 2002-A)

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Sale of Other Receivables. If at any time the Originator Triad 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 receivables (other than the Receivables) to any prospective purchaser, lender, or other transferee, the Originator Triad 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 Receivable, shall indicate clearly that such Receivable has been pledged to the Indenture Trustee unless such Receivable has been paid in full or repurchased.

Appears in 1 contract

Samples: Purchase Agreement (Triad Financial Corp)

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Sale of Other Receivables. If at any time the Originator 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 Originator such Contributor shall give to such prospective purchaser, lender or other transferee computer tapes, records, or print-outs printouts (including any restored from back-up archives) that, if they shall refer in any manner whatsoever to any Receivable, shall indicate clearly that such Receivable or Financed Vehicle has been 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 (Americredit Corp)

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