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Common use of The Assignments Clause in Contracts

The Assignments. On the Initial Closing Date, GMAC shall execute and deliver the First Step Initial Receivables Assignment and on each Additional Closing Date, GMAC shall execute and deliver a First Step Additional Receivables Assignment.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc)

The Assignments. On the Initial Closing Date, GMAC shall execute and deliver the First Step Initial Receivables Assignment and on each Subsequent Closing Date, GMAC shall execute and deliver a First Step Additional Receivables Assignment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2004-2)