Common use of Contracts in Force Clause in Contracts

Contracts in Force. The Contract has not been satisfied, subordinated, waived, restricted, rescinded or held to be invalid or unenforceable, and the Financed Vehicle has not been released from the lien granted by the Contract in whole or in part. NO AMENDMENT OR WAIVER. No provision of the Contract has been amended, waived, altered or modified in any respect, except pursuant to a document, instrument or writing included in the Contract File and reflected in the Electronic Ledger and no such amendment, waiver, alteration or modification causes such Contract not to conform to the other warranties contained in this Section, nor renders it invalid or unenforceable.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc), Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc)