Common use of No Documents or Instruments Clause in Contracts

No Documents or Instruments. No Designated Receivable, or --------------------------- constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC); and each Designated Receivable is an "account" or "chattel paper" within the meaning of Section 9-105 or 9-106, respectively, of the UCC.

Appears in 1 contract

Sources: Receivables Sale Agreement (Navistar Financial Retail Receivables Corporation)

No Documents or Instruments. No Designated Receivable, or --------------------------- constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC); and each Designated Receivable is an "account" or "chattel paper" within the meaning of Section 9-105 or 9-106, respectively, 102 of the UCC.

Appears in 1 contract

Sources: Receivables Sale Agreement (Navistar Financial Corp)

No Documents or Instruments. No Designated Receivable, or --------------------------- constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC); and each Designated Receivable is an "account" or "chattel paper" within the meaning of Section 9-105 or 9-106, respectively, 102 of the UCC.

Appears in 1 contract

Sources: Receivables Sale Agreement (Navistar Financial Retail Receivables Corp)