Common use of Assignment to Trustee Clause in Contracts

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Trust in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the Trust’s rights and obligations hereunder to the Trust Collateral Agent.

Appears in 5 contracts

Sources: Sale and Servicing Agreement (UPFC Auto Receivables Trust 2007-A), Sale and Servicing Agreement (UPFC Auto Receivables Trust 2006-B), Sale and Servicing Agreement (UPFC Auto Receivables Trust 2006-A)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent Trustee pursuant to the Indenture for the benefit of the Noteholders Securitization Bondholders of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or Transferred Securitization Property and the proceeds thereof and the assignment of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral AgentTrustee.

Appears in 3 contracts

Sources: Sale Agreement (Consumers Funding LLC), Sale Agreement (Consumers Energy Co Financing V), Sale Agreement (Consumers Funding LLC)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the TrustIssuer’s rights and obligations hereunder to the Trust Collateral Agent.

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2004-a-F), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-a-M), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-C-F)

Assignment to Trustee. The Seller hereby acknowledges and --------------------- consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders and the Insurer of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment and delegation of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral AgentTrustee.

Appears in 3 contracts

Sources: Sale and Servicing Agreement (TFC Enterprises Inc), Sale and Servicing Agreement (TFC Enterprises Inc), Sale and Servicing Agreement (TFC Enterprises Inc)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders and the Insurer of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the TrustIssuer’s rights and obligations hereunder to the Trust Collateral Agent.

Appears in 1 contract

Sources: Sale and Servicing Agreement (AFS SenSub Corp.)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders and the Insurer of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral Agent.

Appears in 1 contract

Sources: Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2007-a-X)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders Holders of all right, title and interest of the Trust in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the Trust’s rights and obligations hereunder to the Trust Collateral Agent.

Appears in 1 contract

Sources: Sale and Servicing Agreement (UPFC Auto Receivables Trust 2007-B)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Purchaser to the Trust Collateral Agent Trustee pursuant to the Indenture for the benefit of the Noteholders Noteholder of all right, title and interest of the Trust Purchaser in, to and under the Receivables listed in Schedule A hereto and Other Conveyed Property and/or the assignment of any or all of the TrustPurchaser’s rights and obligations hereunder to the Trust Collateral AgentTrustee.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Silverleaf Resorts Inc)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral Agent.

Appears in 1 contract

Sources: Sale and Servicing Agreement (AFS Funding Trust)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral Agent.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-B-X)

Assignment to Trustee. The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Trust Issuer to the Trust Collateral Agent pursuant to the Indenture for the benefit of the Noteholders and the Insurer of all right, title and interest of the Trust Issuer in, to and under the Receivables listed in Schedule A hereto and/or the assignment and delegation of any or all of the Trust’s Issuer's rights and obligations hereunder to the Trust Collateral AgentTrustee.

Appears in 1 contract

Sources: Sale and Servicing Agreement (TFC Enterprises Inc)