Subsequent Transferred Securitization Property definition

Subsequent Transferred Securitization Property means Securitization Property sold by the Seller to the Issuer as of a Subsequent Transfer Date pursuant to the Sale Agreement and the Bill of Sale delivered on or pri▇▇ ▇o the Subsequent Transfer Date as identified in such Bill of Sale.
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Examples of Subsequent Transferred Securitization Property in a sentence

  • Such sale, transfer, assignment and conveyance of the Subsequent Transferred Securitization Property is hereby expressly stated to be a sale or other absolute transfer and, pursuant to Section 10l.

  • The Seller and the Issuer hereby agree that each such sale, transfer, assignment and conveyance of any Subsequent Transferred Securitization Property shall include, to the fullest extent permitted by Michigan law, the assignment of all revenues, collections, payments, money and proceeds of or arising out of the Securitization Charges and the other rights and interests constituting the Subsequent Transferred Securitization Property, as the same may be adjusted from time to time.

  • The Seller agrees and confirms that, after giving effect to any sale contemplated by this paragraph (d), the execution and delivery of the related Bill of Sale and payment of the ▇▇▇▇equent Purchase Price, title, legal and equitable, to the Subsequent Transferred Securitization Property shall pass to the Issuer and the Seller shall have no right, title or interest in, to or under the Subsequent Transferred Securitization Property.

  • The Seller agrees and confirms that, after giving effect to any sale contemplated by this paragraph (d), the execution and delivery of the related ▇▇▇▇ of Sale and payment of the Subsequent Purchase Price, title, legal and equitable, to the Subsequent Transferred Securitization Property shall pass to the Issuer and the Seller shall have no right, title or interest in, to or under the Subsequent Transferred Securitization Property.