Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Property from the Depositor to the Issuer, enforceable against creditors of and purchasers from the Depositor.
Appears in 114 contracts
Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2026-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2026-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-C)
Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Purchased Property from the Depositor Sponsor to the IssuerDepositor, enforceable against creditors of and purchasers from the DepositorSponsor.
Appears in 111 contracts
Sources: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2026-A), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2026-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2026-A)
Valid Sale. This Agreement evidences a valid sale and assignment of the Sold Trust Property from the Depositor to the Issuer, enforceable against creditors of and purchasers from the Depositor.
Appears in 47 contracts
Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A)
Valid Sale. This Agreement evidences Agreement, when duly executed and delivered, shall constitute a valid sale sale, transfer and assignment of the Sold Property from the Depositor to the IssuerPurchased Property, enforceable against creditors of and purchasers from the DepositorSeller.
Appears in 5 contracts
Sources: Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation)