Transfer of Warranty Collateral Assets Sample Clauses

Transfer of Warranty Collateral Assets. The Borrower may transfer any Warranty Collateral Asset to the Equityholder, or to any third party at the Equityholder’s direction, to consummate the sale or substitution of such Warranty Collateral Asset pursuant to, and in accordance with the terms of, Article VI of the Sale Agreement.
AutoNDA by SimpleDocs

Related to Transfer of Warranty Collateral Assets

  • Transfer of Title Each party agrees that all right, title and interest in and to any Eligible Credit Support, Equivalent Credit Support, Equivalent Distributions or Interest Amount which it transfers to the other party under the terms of this Annex shall vest in the recipient free and clear of any liens, claims, charges or encumbrances or any other interest of the transferring party or of any third person (other than a lien routinely imposed on all securities in a relevant clearance system).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!