Common use of Valid Conveyance Clause in Contracts

Valid Conveyance. The representations and warranties set out in Exhibit ---------------- ------- D are true and correct. Without limiting the generality of the foregoing, as of - each Addition Date, a valid sale, assignment and conveyance to Buyer of all right, title, and interest of RPA Seller in, to, and under the Transferred Assets, has been consummated and such property will be held free and clear of any Lien of any Person claiming through or under RPA Seller and its Affiliates, except for Liens permitted under Section 5.1(d). --------------

Appears in 1 contract

Samples: Receivables Purchase Agreement (First Consumers Master Trust)

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Valid Conveyance. The representations and warranties set out in ---------------- Exhibit ---------------- ------- D are true and correct. Without limiting the generality of the --------- foregoing, as of - each Addition the RPA Closing Date, the Conveyance Papers then in existence constitute a valid sale, assignment assignment, and conveyance to Buyer of all right, title, title and interest of RPA Seller such seller in, to, and under the Transferred Assets, has been consummated and such property will be held owned free and clear of any Lien of any Person claiming through or under RPA Seller and its Affiliates, except for Liens permitted under Section 5.1(d). ---------------------------

Appears in 1 contract

Samples: Receivables Purchase Agreement (Spiegel Inc)

Valid Conveyance. The representations and warranties set out in Exhibit ---------------- ------- D are true and correct. Without limiting the generality of the foregoing, as of - each Addition the RPA Closing Date, the Conveyance Papers then in existence constitute a valid sale, assignment assignment, and conveyance to Buyer of all right, title, title and interest of RPA Seller such seller in, to, and under the Transferred Assets, has been consummated and such property will be held owned free and clear of any Lien of any Person claiming through or under RPA Seller and its Affiliates, except for Liens permitted under Section 5.1(d). --------------

Appears in 1 contract

Samples: Receivables Purchase Agreement (First Consumers Master Trust)

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Valid Conveyance. The representations and warranties set out in ---------------- Exhibit ---------------- ------- D are true and correct. Without limiting the generality of the --------- foregoing, as of - each Addition Date, a valid sale, assignment and conveyance to Buyer of all right, title, and interest of RPA Seller in, to, and under the Transferred Assets, has been consummated and such property will be held free and clear of any Lien of any Person claiming through or under RPA Seller and its Affiliates, except for Liens permitted under Section 5.1(d). --------------

Appears in 1 contract

Samples: Receivables Purchase Agreement (Spiegel Inc)

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