Common use of Conveyance of Receivables Clause in Contracts

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV hereof.

Appears in 103 contracts

Sources: Receivables Purchase Agreement (Toyota Auto Receivables 2025-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2025-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2025-a Owner Trust)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV hereof.

Appears in 6 contracts

Sources: Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV Four hereof.

Appears in 5 contracts

Sources: Receivables Purchase Agreement (Toyota Motor Credit Receivables Corp), Receivables Purchase Agreement (Toyota Motor Credit Receivables Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)

Conveyance of Receivables. The Except as provided in Section 9.5, the Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable, to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII; provided, however, that the Seller shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring a Receivable in connection with a transaction in which the Seller and its successor agree to comply with provisions substantially similar to those of Section 9.14.

Appears in 5 contracts

Sources: Purchase Agreement (Metris Receivables Inc), Purchase Agreement (Metris Companies Inc), Purchase Agreement (Fingerhut Receivables Inc)

Conveyance of Receivables. The Except as provided in Section 9.5, the Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable, to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII except for transfers to the Fingerhut Credit Card Bank; provided, however, that the Seller shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring a Receivable in connection with a transaction in which the Seller and its successor agree to comply with provisions substantially similar to those of Section 9.14.

Appears in 2 contracts

Sources: Purchase Agreement (Fingerhut Receivables Inc), Purchase Agreement (Fingerhut Receivables Inc)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable arising in an Account to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Credit Store Inc)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable arising in an Account, to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Credit Store Inc)