Compliance with the FDIC Rule. The Custodian agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.
Appears in 79 contracts
Sources: Custodian Agreement (Ally Auto Assets LLC), Custodian Agreement (Ally Auto Receivables Trust 2024-2), Custodian Agreement (Ally Auto Receivables Trust 2024-2)
Compliance with the FDIC Rule. The Custodian agrees to (i) perform abide by the covenants and other agreements set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.
Appears in 2 contracts
Sources: Custodian Agreement (Ally Auto Receivables Trust 2011-1), Custodian Agreement (Ally Auto Receivables Trust 2011-1)