Securitization Documents. The parties hereto acknowledge that the rights of CAC or its assigns, pursuant to the Dealer Agreements, to set off Collections received with respect to a Pool, or Purchased Loans against the outstanding balance under any other Pool or Purchased Loans are not intended, and should not be permitted, to be used to prejudice the collateral position of any of the parties hereto, and therefore the exercise of such rights should be limited to Back-end Dealer Payments. Funding 2015-1 directs the Owner Trustee of the 2015-1 Trust to enter into this Agreement, Funding 2014-2 directs the Owner Trustee of the 2014-2 Trust to enter into this Agreement, Funding 2014-1 directs the Owner Trustee of the 2014-1 Trust to enter into this Agreement, Funding 2013-2 directs the Owner Trustee of the 2013-2 Trust to enter into this Agreement, Funding 2013-1 directs the Owner Trustee of the 2013-1 Trust to enter into this Agreement, Funding 2012-2 directs the Owner Trustee of the 2012-2 Trust to enter into this Agreement and Funding 2012-1 directs the Owner Trustee of the 2012-1 Trust to enter into this Agreement. In consideration of the mutual premises and promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
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Securitization Documents. The parties hereto acknowledge that the rights of CAC or its assigns, pursuant to the Dealer Agreements, to set off Collections received with respect to a Pool, or Purchased Loans against the outstanding balance under any other Pool or Purchased Loans are not intended, and should not be permitted, to be used to prejudice the collateral position of any of the parties hereto, and therefore the exercise of such rights should be limited to Back-end Dealer Payments. Funding 2015-1 directs the Owner Trustee of the 2015-1 Trust to enter into this Agreement, Funding 2014-2 directs the Owner Trustee of the 2014-2 Trust to enter into this Agreement, Funding 2014-1 directs the Owner Trustee of the 2014-1 Trust to enter into this Agreement, Funding 2013-2 directs the Owner Trustee of the 2013-2 Trust to enter into this Agreement, Funding 2013-1 directs the Owner Trustee of the 2013-1 Trust to enter into this Agreement, Funding 2012-2 directs the Owner Trustee of the 2012-2 Trust to enter into this Agreement and Funding 2012-1 directs the Owner Trustee of the 2012-1 Trust to enter into this Agreement. In consideration of the mutual premises and promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
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Securitization Documents. The parties hereto acknowledge that the rights of CAC or its assigns, pursuant to the Dealer Agreements, to set off Collections received with respect to a Pool, or Purchased Loans Pool against the outstanding balance under any other Pool or Purchased Loans are not intended, and should not be permitted, to be used to prejudice the collateral position of any of the parties hereto, and therefore the exercise of such rights should be limited to Back-end Dealer Payments. Funding 2015-2 directs the Owner Trustee of the 2015-2 Trust to enter into this Agreement, Funding 2015-1 directs the Owner Trustee of the 2015-1 Trust to enter into this Agreement, Funding 2014-2 directs the Owner Trustee of the 2014-2 Trust to enter into this Agreement, Funding 2014-1 directs the Owner Trustee of the 2014-1 Trust to enter into this Agreement, Funding 2013-2 directs the Owner Trustee of the 2013-2 Trust to enter into this Agreement, Agreement and Funding 2013-1 directs the Owner Trustee of the 2013-1 Trust to enter into this Agreement, Funding 2012-2 directs the Owner Trustee of the 2012-2 Trust to enter into this Agreement and Funding 2012-1 directs the Owner Trustee of the 2012-1 Trust to enter into this Agreement. In consideration of the mutual premises and promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
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