Common use of Responsibilities of the Originators Clause in Contracts

Responsibilities of the Originators. Anything herein to the contrary notwithstanding: (a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations. (b) None of the Buyer, the Servicer (other than in its capacity as an Originator), the Purchasers, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer (other than in its capacity as an Originator), the Purchasers, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (NCR Atleos Corp), Purchase and Sale Agreement (NCR Corp)

Responsibilities of the Originators. Anything herein to the contrary notwithstanding: (a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations. (b) None of the Buyer, the Servicer (other than in its capacity as an Originator), the PurchasersLenders, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer (other than in its capacity as an Originator), the PurchasersLenders, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.

Appears in 1 contract

Sources: Purchase and Sale Agreement (NCR Corp)