Common use of Limitations on Review Obligations Clause in Contracts

Limitations on Review Obligations. The Asset Representations Reviewer will have no obligation: (a) to determine whether a Delinquency Trigger has occurred or whether the required percentage of Noteholders has voted to direct an Asset Representations Review under the Indenture, and may rely on the information in any Review Notice delivered by the Indenture Trustee; (b) to determine which Receivables are Subject Receivables, and may rely on the lists of Subject Receivables provided by the Servicer; (c) to confirm the validity of the Review Materials and may rely on the accuracy and completeness of the Review Materials; or (d) to take any action or cause any other party to take any action under any of the Transaction Documents or otherwise to enforce any remedies against any Person for breaches of representations or warranties about the Subject Receivables.