Common use of Seller's Termination Rights Clause in Contracts

Seller's Termination Rights. Upon the termination of the Trust pursuant to SECTIONS 9.1 and 9.3(b) above and the surrender of the Sellers' Certificate, the Subordinated Certificate and all Investor Certificates of all outstanding Series, the Trustee shall transfer to the Sellers' Representative for the benefit of the Holder of the Sellers' Certificate (without recourse, representation or warranty) all right, title and interest of the Trust in the Purchased Receivables, whether then existing or thereafter created, all monies due or to become due with respect thereto and all proceeds thereof except for amounts held by the Trustee pursuant to SECTION 9.3(b) above. The Trustee shall execute and deliver such instruments of transfer and assignment, on behalf of the Trust, in each case without recourse, as shall be reasonably requested by the Sellers to vest in the Sellers all right, title and interest which the Trust had in the Purchased Receivables.

Seller's Termination Rights. Upon the termination of --------------------------- the Trust pursuant to SECTIONS 9.1 and 9.3(b) above and the surrender Section 12.01 and, if any part of the Sellers' CertificateInterest is then evidenced by a certificate, the Subordinated Certificate and all Investor Certificates surrender of all outstanding Seriessuch part of the Seller Certificates, the Trustee shall transfer sell, assign and convey to the Sellers' Representative for the benefit of the Holder of the Sellers' Certificate (applicable Seller or its designee, without recourse, representation or warranty) , all right, title and interest of the Trust in the Purchased Receivables, whether then existing or thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof thereof, except for amounts held by the Trustee pursuant to SECTION 9.3(b) aboveSection 12.02(b). The Trustee shall execute and deliver such instruments of transfer and assignment, on behalf of the Trust, in each case without recourse, as shall be reasonably requested by the Sellers to vest in the Sellers or their designee all right, title and interest which the Trust had in the Purchased ReceivablesReceivables and such other related assets.