Common use of Pledge or Assignment Clause in Contracts

Pledge or Assignment. With respect to Contracts that are “electronic chattel paper”, the authoritative copy of each Contract communicated to the Custodian has no marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Trust Collateral Agent.

Appears in 258 contracts

Sources: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2025-3), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2025-3), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2025-3)

Pledge or Assignment. With respect to Contracts that are “electronic chattel paper”, the authoritative copy of each Contract communicated to the Custodian has no marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Trust Collateral AgentCustodian.

Appears in 165 contracts

Sources: Contribution Agreement (Exeter Automobile Receivables Trust 2025-4), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2025-4), Purchase Agreement (Exeter Automobile Receivables Trust 2025-4)

Pledge or Assignment. With respect to Contracts that are “electronic chattel paper”, the authoritative copy of each Contract communicated to the Custodian has no marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Trust Collateral AgentIndenture Trustee.

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Efcar, LLC), Purchase Agreement (Efcar, LLC), Sale and Servicing Agreement (Efcar, LLC)

Pledge or Assignment. With respect to Contracts that are "electronic chattel paper", the authoritative copy of each Contract communicated to the Custodian has no marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Trust Collateral Agent.

Appears in 2 contracts

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