Receivables Property definition

Receivables Property has the meaning specified in Section 2.01(a).

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Receivables Property has the meaning specified in Section 2.01.

Receivables Property means, collectively, (i) the Receivables; (ii) monies received thereunder on or after the Cut-off Date; (iii) the security interests in the Financed Vehicles granted by Obligors pursuant to the Receivables and any other interest of the Issuer in the Financed Vehicles; (iv) rights to receive proceeds with respect to the Receivables from claims on any theft, physical damage, credit life, credit disability, or other insurance policies covering Financed Vehicles or Obligors; (v) all of the Seller's rights to the Receivable Files; (vi) the Trust Accounts and all amounts, securities, investments, investment property and other property deposited in or credited to any of the foregoing, all security entitlements relating to the foregoing and all proceeds thereof; (vii) payments and proceeds with respect to the Receivables held by the [related] [Receivables] Servicer; (viii) all property (including the right to receive Liquidation Proceeds) securing a Receivable (other than a Receivable repurchased by a Servicer or purchased by a Seller); (ix) rebates of premiums and other amounts relating to insurance policies and other items financed under the Receivables in effect as of the Cut-off Date; and (x) all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing.]

Examples of Receivables Property in a sentence

• Upon each Purchase, the Buyer shall have acquired a valid and perfected ownership interest in each Receivable now existing or hereafter arising and in the Receivables Property with respect thereto, in each case free and clear of any Adverse Claim (other than Adverse Claims created by the Buyer or its assigns).

• No transfer of any Receivables or any Receivables Property to the Company by such Seller constitutes a fraudulent transfer or fraudulent conveyance or is otherwise void or voidable under similar laws or principles, the doctrine of equitable subordination or for any other reason.

• The Buyer has advised the Seller that (i) the Buyer has sold an undivided ownership interest in the Purchased Receivables and the Receivables Property to the Administrative Agent, for the benefit of the Transferees under the Receivables Transfer Agreement and (ii) the servicing, administration and collection of the Purchased Receivables and the Receivables Property shall be conducted by the Person designated as the Collection Agent pursuant to the Receivables Transfer Agreement from time to time.

• For this purpose, the Seller hereby grants to the Buyer a security interest in all of the Seller’s right, title and interest, whether now owned or hereafter acquired, in, to and under all Receivables and the Receivables Property with respect thereto, which security interest shall secure all obligations of the Seller hereunder.

• Subject to the terms and conditions set forth herein, the Buyer hereby agrees to purchase the Receivables and Receivables Property of each Seller from time to time until the Termination Date with respect to such Seller.

More Definitions of Receivables Property

Receivables Property means Receivables Accounts and Purchased Assets, and all books, records, ledger cards, files, correspondence, computer programs, tapes, disks and related data that evidence or contain information relating to the Receivables Account and Purchased Assets, and all proceeds and products thereof (specifically excluding proceeds and products received by the Grantor from the transfer of assets to Bluestem SPV pursuant to the SPV Credit Documents).

Receivables Property has the meaning set forth in the Security Agreement.

Receivables Property shall have the meaning set forth in Annex X to the Receivables Purchase Agreement.

Receivables Property has the meaning specified in the North American Originator Purchase Agreement.

Receivables Property has the meaning specified in Section 2.1(a) (Agreement to Purchase).

Receivables Property shall have the meaning set forth in Section 5.1(a).

Receivables Property means Receivables Accounts, Underlying Receivables and Purchased Assets.