Common use of Transferor's Termination Rights Clause in Contracts

Transferor's Termination Rights. Upon the termination of the Trust pursuant to Section 11.01 and the surrender of such Transferor Certificates, the Indenture Trustee shall assign and convey to the Holders of the Transferor Certificates or any of their designees, without recourse, representation or warranty, all right, title and interest of the Trust in the Receivables, whether then existing or thereafter created, all Interchanges and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto (including all moneys then held in the Collection Account or any Series Account) and all proceeds thereof, except for amounts held by the Indenture Trustee pursuant to subsection 11.02(b). The Indenture Trustee shall execute and deliver such instruments of transfer and assignment, in each case without recourse, as shall be prepared and reasonably requested by the Transferor to vest in the Holders of the Transferor Certificates or any of their designees all right, title and interest which the Indenture Trustee had in the Collateral and such other property.

Transferor's Termination Rights. Upon the termination of the Trust pursuant to Section 11.01 and the ------------- surrender of such Transferor Certificates, the Indenture Trustee shall assign and convey to the Holders of the Transferor Certificates or any of their designees, without recourse, representation or warranty, all right, title and interest of the Trust in the Receivables, whether then existing or thereafter created, all Interchanges and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto (including all moneys then held in the Collection Account or any Series Account) and all proceeds thereof, except for amounts held by the Indenture Trustee pursuant to subsection 11.02(b). The Indenture Trustee shall execute and deliver ------------------- such instruments of transfer and assignment, in each case without recourse, as shall be prepared and reasonably requested by the Transferor Transferors to vest in the Holders of the Transferor Certificates or any of their designees all right, title and interest which the Indenture Trustee had in the Collateral and such other property.

Transferor's Termination Rights. Upon the termination of the Trust pursuant to Section 11.01 and the ------------- surrender of such Transferor Certificates, the Indenture Trustee shall assign and convey to the Holders of the Transferor Certificates or any of their designees, without recourse, representation or warranty, all right, title and interest of the Trust in the Receivables, whether then existing or thereafter created, all Interchanges and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto (including all moneys then held in the Collection Account or any Series Account) and all proceeds thereof, except for amounts held by the Indenture Trustee pursuant to subsection 11.02(b). The Indenture Trustee shall execute and ------------------- deliver such instruments of transfer and assignment, in each case without recourse, as shall be prepared and reasonably requested by the Transferor to vest in the Holders of the Transferor Certificates or any of their designees all right, title and interest which the Indenture Trustee had in the Collateral and such other property.

Transferor's Termination Rights. Upon the termination of the Trust pursuant to Section 11.01 and the surrender of such Transferor Certificates, the Indenture Trustee shall assign and convey to the Holders of the Transferor Certificates or any of their designees, without recourse, representation or warranty, all right, title and interest of the Trust in the Receivables, whether then existing or thereafter created, all Interchanges and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto (including all moneys then held in the Collection Account or any Series Account) and all proceeds thereof, except for amounts held by the Indenture Trustee pursuant to subsection 11.02(b). The Indenture Trustee shall execute and deliver such instruments of transfer and assignment, in each case without recourse, as shall be prepared and reasonably requested by the Transferor to vest in the Holders of the Transferor Certificates or any of their designees all right, title and interest which the Indenture Trustee had in the Collateral and such other property.

Transferor's Termination Rights. Upon the termination satisfaction and discharge of this Indenture, at the written direction of the Trust pursuant to Section 11.01 and the surrender of such Transferor CertificatesIssuer, the Indenture Trustee shall assign and convey to the Holders Holder of the Transferor Certificates Equity Certificate or any of their designees, without recourse, representation or warranty, all right, title and interest of the Trust Issuer in the ReceivablesReceivables and the Related Rights, whether then existing or thereafter created, all Interchanges and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto (including all moneys then held in the Collection Account or any Series Account) and all proceeds thereof, except for amounts held by the Indenture Trustee pursuant to subsection 11.02(bSection 11.2(b). The Indenture Trustee shall execute and deliver such instruments of transfer and assignment, in each case without recourse, as shall be prepared and reasonably requested by the Transferor to vest in the Holders Holder of the Transferor Certificates Equity Certificate or any of their designees all right, title and interest which the Indenture Trustee had in the Collateral and such other property.