Common use of Valid Sale Clause in Contracts

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 97 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)

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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 95 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-D), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C)

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

Samples: 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

Samples: 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)

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Valid Sale. This Agreement evidences constitutes a valid sale sale, transfer and assignment of the Sold Purchased Property from the Depositor to the Issuertransferred thereby, enforceable against creditors of and purchasers from the DepositorSeller.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alliance Laundry Holdings LLC)

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