Liability of Depositor. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates).
Appears in 36 contracts
Sources: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2025-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2025-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2024-A)
Liability of Depositor. The Depositor shall be liable in accordance herewith with this Agreement and the Second Step Secured Notes Assignment only to the extent of the obligations in this Agreement and the Second Step Secured Notes Assignment specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates)Depositor.
Appears in 15 contracts
Sources: Trust Sale and Administration Agreement (Capital Auto Receivables LLC), Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale Agreement (Ally Auto Assets LLC)
Liability of Depositor. The Depositor shall will be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates)Agreement.
Appears in 11 contracts
Sources: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC)
Liability of Depositor. The Depositor shall be liable in accordance herewith hereunder only to the extent of the obligations in this Agreement specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of and the Notes or representations made by the Certificates)Depositor.
Appears in 3 contracts
Sources: Transfer and Servicing Agreement (Antigua Funding Corp), Transfer and Servicing Agreement (Capita Equipment Receivables Trust 1996-1), Transfer and Servicing Agreement (Antigua Funding Corp)
Liability of Depositor. (a) The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates).
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Hyundai Abs Funding LLC), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2017-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2013-A)
Liability of Depositor. The Depositor shall be liable in accordance herewith with this Agreement only to the extent of the obligations in this Agreement specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates)Depositor.
Appears in 2 contracts
Sources: Trust Sale and Servicing Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1), Trust Sale and Servicing Agreement (Wholesale Auto Receivables Corp)
Liability of Depositor. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement (which shall not include distributions on account of the Notes or the Certificates)in such capacity herein.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Navistar International Corp)