Common use of TRANSFER OF SUBSTITUTE CONTRACTS Clause in Contracts

TRANSFER OF SUBSTITUTE CONTRACTS. Subject to and upon the terms and conditions set forth in Section 2.04 of the Transfer and Servicing Agreement and this Agreement, the Originator hereby sells, transfers, assigns, sets over and otherwise conveys to the Issuer, in consideration of the Issuer's (x) payment of $_________ as the purchase price therefor, representing the prepayment proceeds received with respect to the related Substitution Event (if applicable) or (y) release and redelivery to the Originator of the related Contract Assets with respect to which a Substitution Event has occurred (if applicable), all of the Originator's rights, title and interests in:

TRANSFER OF SUBSTITUTE CONTRACTS. Subject to and upon the terms and conditions set forth in Section 2.04 of the Transfer and Servicing Agreement and this Agreement, the Originator hereby sells, transfers, assigns, sets over and otherwise conveys to the IssuerTrust Depositor, in consideration of the IssuerTrust Depositor's (x) payment of $_________ $ as the purchase price therefor, representing the prepayment proceeds received with respect to the related Substitution Event (if applicable) or (y) release and redelivery to the Originator of the related Contract Assets with respect to which a Substitution Event has occurred (if applicable), all of the Originator's rights, title and interests in: