Common use of Custody of Receivable Files Clause in Contracts

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity and the Indenture Trustee as custodian of the following documents or instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity with respect to each Receivable: (a) the original fully executed copy of the Receivable; (b) a record or facsimile of the original credit application fully executed by the Obligor; (c) the original certificate of title or file stamped copy of the UCC financing statement or such other documents that the Servicer shall keep on file (if any), in accordance with its customary procedures, evidencing the security interest of CNHICA in the Financed Equipment; and (d) any and all other documents that the Servicer, the Seller or CNHICA shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor or any of the Financed Equipment.

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity and the Indenture Trustee as custodian of the following documents or instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity with respect to each Receivable: (a) the original fully executed copy of the Receivable; (b) a record or facsimile of the original credit application fully executed by the Obligor; (c) the original certificate of title or file stamped copy of the UCC financing statement or such other documents that the Servicer shall keep on file (if any), in accordance with its customary procedures, evidencing the security interest of CNHICA CNHCA in the Financed Equipment; and (d) any and all other documents that the Servicer, the Seller or CNHICA CNHCA shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor or any of the Financed Equipment.

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuing Entity Issuer and the Indenture Trustee as custodian of the following documents or instruments, instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity Issuer with respect to each Receivable: (a) the original fully executed copy of the Receivable; (b) the original or a record or facsimile copy of the original credit application fully executed by the Obligor; (c) the original certificate of title (or a secured party copy thereof), the file stamped copy of the UCC financing statement or such other documents that the Servicer Seller or JDCC shall keep on file (if any)file, in accordance with its customary procedures, evidencing the security interest of CNHICA Deere & Company or an affiliate of Deere & Company in the Financed Equipment; and (d) any and all other documents that the Servicer, JDCC or the Seller or CNHICA shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor or any of the Financed Equipment.

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity Issuer and the Indenture Trustee as custodian of the following documents or instruments, instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity Issuer, as of the Closing Date with respect to each Receivable: (a) the original fully executed copy original of the Receivable; (b) a record or facsimile of the original credit application fully executed by the ObligorObligor or such other information as the Servicer may keep on file in accordance with its customary servicing procedures; (c) the original certificate of title or file stamped copy of the UCC financing statement or such other documents that the Servicer or the Seller shall keep on file (if any)file, in accordance with its customary procedures, evidencing the security interest of CNHICA World Omni in the Financed EquipmentVehicle; and (d) any and all other documents that the Servicer, Servicer or the Seller or CNHICA shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor or any of the a Financed EquipmentVehicle.

Custody of Receivable Files. To assure uniform quality --------------------------- in servicing the Receivables and to reduce administrative costs, the Issuing Entity Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity Issuer and the Indenture Trustee as custodian of the following documents or instruments, instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity Issuer, as of the Closing Date with respect to each Receivable: (a) the original fully executed copy original of the Receivable; (b) a record or facsimile of the original credit application fully executed by the ObligorObligor or such other information as the Servicer may keep on file in accordance with its customary servicing procedures; (c) the original certificate of title or file stamped copy of the UCC financing statement or such other documents that the Servicer or the Seller shall keep on file (if any)file, in accordance with its customary procedures, evidencing the security interest of CNHICA World Omni in the Financed EquipmentVehicle; and (d) any and all other documents that the Servicer, Servicer or the Seller or CNHICA shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor or any of the a Financed EquipmentVehicle.

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity Issuer and the Indenture Trustee as custodian of the following documents or instruments, instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity Issuer, as of the Closing Date with respect to each Receivable: (a) the original fully executed copy of the original Receivable; (b) a record or facsimile of the original credit application fully executed by the Obligor; (c) the original certificate of title or file stamped copy of the UCC financing statement or such other documents that the Servicer Servicer, or the Depositor shall keep on file (if any)file, in accordance with its customary procedures, evidencing the security interest of CNHICA the Depositor in the Financed EquipmentAsset; and (d) any and all other documents that the Servicer, Servicer or the Seller or CNHICA Depositor shall keep on file, in accordance with its customary procedures, relating to a Receivable, an Obligor Obligor, or any of the a Financed EquipmentAsset.