Common use of Control of Securities Accounts Clause in Contracts

Control of Securities Accounts. 54 SECTION 4.11 PRE-FUNDING ACCOUNT........................................................................54 SECTION 4.12 NEGATIVE CARRY ACCOUNT.....................................................................55 ARTICLE V YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT 55 SECTION 5.1 YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT.........................55 ARTICLE VI THE SELLER 58 SECTION 6.1 REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER........................................58 SECTION 6.2 LIABILITY OF SELLER; INDEMNITIES...........................................................59 SECTION 6.3 MERGER OR CONSOLIDATION OF, OR ASSUMPTION OF THE OBLIGATIONS OF, SELLER....................60 SECTION 6.4 LIMITATION ON LIABILITY OF SELLER AND OTHERS...............................................60 SECTION 6.5 SELLER MAY OWN NOTES OR CERTIFICATES.......................................................60 ARTICLE VII THE SERVICER 61

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)

Control of Securities Accounts. 54 62 SECTION 4.11 PRE-FUNDING ACCOUNT........................................................................54 ............................................62 SECTION 4.12 NEGATIVE CARRY ACCOUNT.....................................................................55 .........................................63 ARTICLE V YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT 55 63 SECTION 5.1 YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT.........................55 .............................................63 ARTICLE VI THE SELLER 58 66 SECTION 6.1 REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER........................................58 ............66 SECTION 6.2 LIABILITY OF SELLER; INDEMNITIES...........................................................59 ...............................67 SECTION 6.3 MERGER OR CONSOLIDATION OF, OR ASSUMPTION OF THE OBLIGATIONS OF, SELLER....................60 .........................................68 SECTION 6.4 LIMITATION ON LIABILITY OF SELLER AND OTHERS...............................................60 ...................69 SECTION 6.5 SELLER MAY OWN NOTES OR CERTIFICATES.......................................................60 ...........................69 ARTICLE VII THE SERVICER 6169

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)