Servicing of Receivables. The Servicer shall service the Receivables as required by the terms of this Agreement and in material compliance with its standard and customary procedures for servicing all its other comparable motor vehicle receivables and in compliance with applicable law; and
Appears in 5 contracts
Sources: Sale and Servicing Agreement (HSBC Automotive Trust (USA) 2006-3), Sale and Servicing Agreement (HSBC Automotive Trust (USA) 2006-1), Sale and Servicing Agreement (HSBC Auto Receivables Corp)
Servicing of Receivables. The Servicer shall service the Receivables as required by the terms of this Agreement and in material substantial compliance with its standard and customary procedures for servicing all of its other comparable motor vehicle receivables and in compliance with applicable law; andreceivables.
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Asset Backed Securities Corp), Sale and Servicing Agreement (Triad Financial Corp), Sale and Servicing Agreement (Asset Backed Securities Corp)