Common use of Servicer Payment Obligation Clause in Contracts

Servicer Payment Obligation. The Servicer shall be responsible for the payment of all fees and expenses of the Issuer and the Trustees paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 27 contracts

Sources: Sale and Servicing Agreement (Mercedes-Benz Retail Receivables LLC), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2025-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2025-1)

Servicer Payment Obligation. The Master Servicer shall be responsible for the payment of all fees and expenses of the Issuer Issuer, the Owner Trustee and the Trustees Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 7 contracts

Sources: Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1), Trust Agreement (WDS Receivables LLC), Trust Agreement (Wachovia Auto Owner Trust 2008-A)

Servicer Payment Obligation. The Servicer shall be responsible for the payment of all fees and expenses of the Issuer Issuer, the Owner Trustee and the Trustees Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 3 contracts

Sources: Trust Agreement (Wachovia Auto Owner Trust 2005-A), Trust Agreement (Wachovia Auto Owner Trust 2004-B), Trust Agreement (Wachovia Auto Owner Trust 2005-B)

Servicer Payment Obligation. The Servicer shall be --------------------------- responsible for the payment of all fees and expenses of the Issuer Trust, the Owner Trustee and the Trustees Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 1 contract

Sources: Sale and Servicing Agreement (SSB Vehicle Securities Inc)

Servicer Payment Obligation. The Servicer shall be responsible for the payment of all fees and expenses of the Issuer Issuer, the Owner Trustee and the Trustees Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 1 contract

Sources: Trust Agreement (Pooled Auto Securities Shelf LLC)

Servicer Payment Obligation. The Servicer shall be responsible for the payment of all fees and expenses of the Issuer and the Trustees paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 1 contract

Sources: Trust Agreement (Pooled Auto Securities Shelf LLC)