Common use of Transfer of Records to Purchaser Clause in Contracts

Transfer of Records to Purchaser. (a) Each Purchase hereunder shall include the transfer of, and the Seller does hereby transfer to the Purchaser, all of the Seller's right and title to and interest in the records relating to the Transferred Assets, and the Seller hereby agrees that such transfer shall be effected automatically with each such Purchase, without any further action on the part of the parties hereto or any further documentation.

Appears in 2 contracts

Samples: Secondary Purchase Agreement (Hayes Lemmerz International Inc), Secondary Purchase Agreement (Hayes Lemmerz International Inc)

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Transfer of Records to Purchaser. (a) Each Purchase hereunder shall include the transfer of, and the Seller each Originator does hereby transfer to the Purchaser, all of the Sellereach Originator's right and title to and interest in the records relating to the Transferred Assets, and the Seller each Originator hereby agrees that such transfer shall be effected automatically with each such Purchase, without any further action on the part of the parties hereto or any further documentation.

Appears in 2 contracts

Samples: Originator Purchase Agreement (Hayes Lemmerz International Inc), Originator Purchase Agreement (Hayes Lemmerz International Inc)

Transfer of Records to Purchaser. (a) a. Each Purchase purchase of Purchased Receivables hereunder shall include the transfer of, and the Seller does hereby transfer to the Purchaser, Purchaser of all of the Seller's right right, title and title interest in, to and interest in under the records relating to such Purchased Receivables and the Transferred AssetsCollections, and the Seller hereby agrees that such transfer shall be effected automatically with each such Purchasepurchase, without any further action on the part of the parties hereto or any further documentation.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Franklin Resources Inc)

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Transfer of Records to Purchaser. (a) Each Purchase hereunder shall include the transfer of, and the Seller Originator does hereby transfer to the Purchaser, all of the Seller's Originator’s right and title to and interest in the records Records relating to the Transferred AssetsAssets and Related Property, and the Seller Originator hereby agrees that such transfer shall be effected automatically with each such Purchase, without any further action on the part of the parties hereto or any further documentation.

Appears in 1 contract

Samples: Warehouse Loan Sale Agreement (Colonial Bancgroup Inc)

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