Title to Accounts. Seller is the lawful holder of the Accounts, having received title to the credit card accounts from CCA Assets LLC pursuant to that certain Bxxx of Sale a copy of which is attached hereto as Exhibit C-1 (CCA Assets LLC having received title to such credit card accounts from First Consumers National Bank pursuant to that certain Bxxx of Sale a copy of which is attached hereto as Exhibit C-2) and to the receivables from Spiegel Credit Card Master Note Trust pursuant to that certain Bxxx of Sale a copy of which attached hereto as Exhibit C-3. Seller is duly and legally authorized to sell, transfer, convey and assign its rights therein. Since having acquired title to such accounts and receivables from Spiegel Credit Card Master Note Trust and CCA Assets LLC, Seller has not made any assignment, conveyance, transfer or sale of any of its rights or interests in the Accounts.
Title to Accounts. Seller is the lawful holder of (i) the Accounts, having received title to the credit card accounts from CCA Assets LLC pursuant to the CCA Bxxx of Sale (CCA Assets LLC having received title to such credit card accounts from First Consumers National Bank pursuant to that certain Bxxx of Sale a copy of which is attached hereto as Exhibit C-2), and (ii) the receivables, having received title thereto from Spiegel Credit Card Master Note Trust pursuant to that certain Bxxx of Sale a copy of which attached hereto as Exhibit C-3. Seller is duly and legally authorized to sell, transfer, convey and assign its rights therein. Since having acquired title to such accounts and receivables from Spiegel Credit Card Master Note Trust and CCA Assets LLC, Seller has not made any assignment, conveyance, transfer or sale of any of its rights or interests in the Accounts and the Accounts shall be transferred to Buyer free and clear of all liens and encumbrances.
Title to Accounts. 321 warrants that it has good title to all its merchant accounts, bank accounts and in each case such accounts are subject to no mortgage, pledge, lien, lease, encumbrance, charge, freeze, overdraft, or hold. 321 warrants that Buy Sell has good title to all its merchant accounts, bank accounts and in each case such accounts are subject to no mortgage, pledge, lien, lease, encumbrance, charge, freeze, overdraft, or hold. A current copy of all account statements of 321 and/or Buy Sell and a current copy of all account agreement (if available) for each such account of 321 and Buy Sell has been provided to Bidville.
Title to Accounts. VSC Seller/Dealer hereby acknowledges and agrees that title to all Extended Payment Contracts and all amounts owing by a Purchaser thereunder shall at all times be vested in Mepco and its assignees, and VSC Seller/Dealer shall have no right, title or interest therein.
Title to Accounts. Seller is duly and legally authorized to sell, transfer, convey and assign its rights, title and interest therein. Seller has not made any prior assignment, conveyance, transfer or sale of any of its rights or interests in the Accounts.
Title to Accounts. Sellers collectively are the sole owners of the Account Assets, free and clear of all Liens other than Permitted Liens. No Account or NBGL Retained Account is currently pledged by NBGL or the Company or is subject to any Liens other than Permitted Liens. NBGL has full right and authority, subject to no interest or participation of, or agreement with, any other party, to sell and assign each Account to Household Bank pursuant to this Agreement except as provided in the Securitization Contracts. Each Seller is the sole owner of its NBGL Receivables or Account Receivables, free and clear of all Liens other than Permitted Liens. No Account Receivable or NBGL Receivable is currently pledged by any Seller or is subject to any Liens other than Permitted Liens. Each Seller has full right and authority, subject to no interest or participation of, or agreement with, any other party, to sell and assign the Account Receivables and NBGL Receivables to Household Bank pursuant to this Agreement except as provided in the Securitization Contracts.
Title to Accounts. Stitel warrants that it has good title to all its merchant accounts, bank accounts and in each case such accounts are subject to no mortgage, pledge, lien, lease, encumbrance, charge, freeze, overdraft, or hold. A current copy of an account statement and a current copy of an account agreement (if available) for each such account has been provided to Cirilium Holdings.
Title to Accounts. As of the Initial Closing Date, there are no liens or other encumbrances with respect to any Current Account (other than Indebtedness in respect of such Current Account), except for the liens or encumbrances related to the Securitization Trust, and Gottschalks owns or has good and marketable title to each Current Account (other than Indebtedness in respect of such Current Account), free and clear of any liens or other encumbrances, except for the liens or encumbrances related to the Securitization Trust. Except for the ongoing transfer by Gottschalks of Indebtedness into the Securitization Trust, Gottschalks has not taken any action to transfer ownership of any Current Account (other than Indebtedness in respect of such Current Account) to anyone other than Buyer. Gottschalks has full right and authority to sell and assign each such Current Account (other than Indebtedness in respect to such Current Account) to Buyer pursuant to this Agreement. As of each subsequent Closing Date, there are no liens or other encumbrances with respect to any Subsequent Account and Gottschalks owns and has good marketable title to each Subsequent Account free and clear of any liens or encumbrances. Gottschalks has not taken any action to transfer ownership of the Subsequent Accounts to anyone other than Buyer. Gottschalks has full right and authority to sell and assign each such Subsequent Account to Buyer pursuant to this Agreement.
Title to Accounts. As of the Initial Closing Date, there are no liens or other encumbrances with respect to any Indebtedness in respect of any Current Account, except for the liens or encumbrances related to the Securitization Trust, and GCRC owns or has good and marketable title to the Indebtedness in respect of each Current Account, free and clear of any liens or other encumbrances, except for the liens or encumbrances related to the Securitization Trust. Except for the ongoing transfer by GCRC of Indebtedness into the Securitization Trust, GCRC has not taken any action to transfer ownership of the Indebtedness in respect of any Current Account to anyone other than Buyer. GCRC has full right and authority to sell and assign such Indebtedness in respect of each Current Account to Buyer pursuant to this Agreement.
Title to Accounts. Dealer hereby acknowledges and agrees that title to all Payment Plan Agreements and all amounts owing by a Purchaser thereunder shall at all times be vested in Mepco and its assignees, and Dealer shall have no right, title or interest therein.