Common use of Valid Sale Clause in Contracts

Valid Sale. This Agreement and the PSA Assignment constitute a valid sale, transfer and assignment of the Purchased Property transferred thereby, enforceable against creditors of and purchasers from the Seller.

Appears in 8 contracts

Samples: Pooling Agreement (Navistar Financial Corp), Pooling Agreement (Navistar Financial Corp), Pooling Agreement (Navistar Financial Corp)

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Valid Sale. This Agreement and the Initial PSA Assignment constitute constitute, and each Subsequent Transfer PSA Assignment when duly executed and delivered shall constitute, a valid sale, transfer and assignment of the Purchased Property transferred thereby, enforceable against creditors of and purchasers from the Seller.

Appears in 7 contracts

Samples: Pooling Agreement (Navistar Financial Corp), Pooling Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr), Pooling Agreement (Navistar Financial Corp)

Valid Sale. This Agreement and the Initial PSA ---------- Assignment constitute, and each Subsequent Transfer PSA Assignment constitute when duly executed and delivered shall constitute, a valid sale, transfer and assignment of the Purchased Property transferred thereby, enforceable against creditors of and purchasers from the Seller.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation)

Valid Sale. This Agreement and the Initial PSA Assignment constitute constitute, ---------- and each Subsequent Transfer PSA Assignment when duly executed and delivered shall constitute, a valid sale, transfer and assignment of the Purchased Property transferred thereby, enforceable against creditors of and purchasers from the Seller.

Appears in 1 contract

Samples: Pooling Agreement (Navistar Financial Retail Receivables Corporation)

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Valid Sale. This Agreement and the Initial PSA Assignment constitute ---------- constitute, and each Subsequent Transfer PSA Assignment when duly executed and delivered shall constitute, a valid sale, transfer and assignment of the Purchased Property transferred thereby, enforceable against creditors of and purchasers from the Seller.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation)

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