Common use of Responsibilities of the Originator Clause in Contracts

Responsibilities of the Originator. Notwithstanding anything herein to the contrary (a) each Originator shall perform all its obligations under the Collection Policy related to the Receivables to the same extent as if such Receivables had not been transferred to the Purchaser hereunder, (b) the exercise by the Purchaser of any of its rights hereunder shall not relieve any Originator from its obligations with respect to the Receivables and (c) except as provided by law, the Purchaser shall not have any obligation or liability with respect to any Receivables or the underlying Contracts, nor shall the Purchaser be obligated to perform any of the obligations or duties of any Originator thereunder. Each Originator hereby agrees to act as subservicer with respect to all Receivables conveyed by such Originator to the Purchaser hereunder and, with respect thereto shall be a "subservicer" under the Loan Agreement. Accordingly, in connection with such Receivables conveyed by such Originator to the Purchaser hereunder, each Originator hereby assumes all of the responsibilities and obligations under the Loan Agreement of the Master Servicer with respect to the servicing of all Receivables conveyed by it to the Purchaser hereunder.

Responsibilities of the Originator. Notwithstanding anything herein to the contrary (a) each Originator shall perform all its obligations under the Collection Policy related to the Receivables to the same extent as if such Receivables had not been transferred to the Purchaser hereunder, (b) the exercise by the Purchaser of any of its rights hereunder shall not relieve any Originator from its obligations with respect to the Receivables and (c) except as provided by law, the Purchaser shall not have any obligation or liability with respect to any Receivables or the underlying Contracts, nor shall the Purchaser be obligated to perform any of the obligations or duties of any Originator thereunder. Each Originator hereby agrees to act as subservicer with respect to all Receivables conveyed by such Originator to the Purchaser hereunder and, with respect thereto shall be a "subservicer" under the Loan Agreement. Accordingly, in connection with such Receivables conveyed by such Originator to the Purchaser hereunder, each Originator hereby assumes all of the responsibilities and obligations under the Loan Agreement of the Master Servicer with respect to the servicing of all Receivables conveyed by it to the Purchaser hereunder.