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Common use of Limitations on Termination Clause in Contracts

Limitations on Termination. Except as provided in Section 9.1, neither the Transferor nor the Certificateholder shall be entitled to revoke or terminate the Issuer.

Appears in 35 contracts

Sources: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Related Clauses

  • Actions on Termination
  • Obligations on Termination
  • Rights on Termination
  • Limitations on Benefits
  • Limitations and Conditions on Benefits

Parent Clauses

  • Termination of Trust Agreement
  • Payments to the Owner Trustee
  • Compensation of Owner Trustee
  • Compliance With Applicable Law
  • Payments to the Grantor Trust Trustee

Sub-Clauses

  • Resignation or Removal of the Owner Trustee
  • Successor Owner Trustee
  • Eligibility Requirements for the Owner Trustee
  • Successor Trustee
  • Resignation or Removal of Either Trustee
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