Common use of Release by BMO Clause in Contracts

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015Citizens Warehouse Loans, the 2022-1 Loans, the 2021-4 Loans, the 2021-3 Loans, the 2021-2 Loans, the 20152021-1 Loans, the 20142020-3 Loans, the 2020-2 Loans, the 20142020-1 Loans, the 20132019-2 3 Loans, the 20132019-1 2 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(im)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015Citizens Warehouse Loans, the 2022-1 Loans, the 2021-4 Loans, the 2021-3 Loans, the 2021-2 Loans, the 20152021-1 Loans, the 20142020-3 Loans, the 2020-2 Loans, the 20142020-1 Loans, the 20132019-2 3 Loans, the 20132019-1 2 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015Credit Suisse Warehouse Loans, the 2018-2 Loans, the 20152018-1 Loans, the 20142017-3 Loans, the 2017-2 Loans, the 20142017-1 Loans, the 20132016-3 Loans, the 2016-2 Loans, the 20132016-1 Loans, the 2015-2 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(il)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015Credit Suisse Warehouse Loans, the 2018-2 Loans, the 20152018-1 Loans, the 20142017-3 Loans, the 2017-2 Loans, the 20142017-1 Loans, the 20132016-3 Loans, the 2016-2 Loans, the 20132016-1 Loans, the 2015-2 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.