No Rescission or Cancellation. It will not permit any rescission or cancellation of a Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority.
Appears in 7 contracts
Sources: Transfer and Servicing Agreement (Ford Credit Floorplan Corp), Transfer and Servicing Agreement (Ford Credit Floorplan LLC), Transfer and Servicing Agreement (Ford Credit Floorplan LLC)
No Rescission or Cancellation. It has not permitted and will continue not to permit any rescission or cancellation of a Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority.
Appears in 2 contracts
Sources: Transfer and Servicing Agreement (GMF Floorplan Owner Revolving Trust), Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii)