Common use of No Effect on Other Parties Clause in Contracts

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.

Appears in 17 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD), Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD), Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction Sold SUBI Portfolio Portfolios pursuant to Section 8.1 9.1 hereof, or upon any appointment of a successor to the Servicer with respect to the Transaction Sold SUBI PortfolioPortfolios, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing AgreementAgreements, the Transaction Sold SUBI SupplementSupplements, any other SUBI SupplementSupplements, any other SUBI Servicing Agreement Supplement Supplements or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.

Appears in 3 contracts

Sources: Servicing Agreement (Greyhound Funding LLC), Transfer Agreement (Greyhound Funding LLC), Sold Subi Supplement to Servicing Agreement (Fah Co Inc)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2023-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2019-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2011-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2011-A), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2011-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2013-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2013-A), Transaction Subi Supplement (Volkswagen Auto Lease Trust 2013-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2024-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2025-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2020-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2012-A)

Appears in 2 contracts

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2012-A), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2012-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2022-A)

Appears in 1 contract

Sources: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)