Reassignment of Purchased Receivables. With respect to all Receivables repurchased by a Seller pursuant to this Agreement, Purchaser shall assign, without recourse, representation or warranty, to such Seller all of Purchaser's right, title and interest in and to such Receivables, and all security and documents relating thereto.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Compass Auto Receivables Trust 1998-A), First Tier Receivables Purchase Agreement (Asset Backed Securities Corp)
Reassignment of Purchased Receivables. With respect to all Receivables repurchased by a the Seller pursuant to this Agreement, the Purchaser shall assign, without recourse, representation or warranty, to such the Seller all of the Purchaser's right, title and interest in and to such Receivables, and all security and documents relating thereto.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Consumer Portfolio Services Inc), Purchase Agreement (Consumer Portfolio Services Inc)
Reassignment of Purchased Receivables. With respect to all [Affiliated Originator] Receivables repurchased by a the Seller pursuant to this Agreement, the Purchaser shall assign, without recourserecourse except as provided herein, representation or warranty, to such the Seller all of the Purchaser's right, title and interest in and to such [Affiliated Originator] Receivables, and all security and documents relating thereto.
Appears in 1 contract
Sources: Purchase Agreement (Consumer Portfolio Services Inc)