Common use of Action on Certificates Clause in Contracts

Action on Certificates. The Trustee's right to seek and recover judgment on the Certificates or under this Agreement shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Agreement. Neither the lien of this Agreement nor any rights or remedies of the Trustee or the Certificateholders shall be impaired by the recovery of any judgment by the Trustee against the Transferor or by the levy of any execution under such judgment upon any portion of the Trust Estate or upon any of the assets of the Transferor. ARTICLE SEVEN THE TRUSTEE Section

Action on Certificates. The Trustee's right to seek and recover judgment on the Certificates or under this Agreement shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Agreement. Neither the lien of this Agreement nor any rights or remedies of the Trustee or the Certificateholders shall be impaired by the recovery of any judgment by the Trustee against the Transferor or by the levy of any execution under such judgment upon any portion of the Trust Estate or upon any of the assets of the Transferor. ARTICLE SEVEN THE TRUSTEE SectionSEVEN

Action on Certificates. The Trustee's right to seek and recover judgment on the Certificates or under this Agreement shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Agreement. Neither the lien of this Agreement nor any rights or remedies of the Trustee or the Certificateholders shall be impaired by the recovery of any judgment by the Trustee against the Transferor or by the levy of any execution under such judgment upon any portion of the Trust Estate or upon any of the assets of the Transferor. ARTICLE SEVEN THE TRUSTEE Section.

Action on Certificates. The Trustee's right to seek and recover judgment on the Certificates or under this Agreement shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Agreement. Neither the lien of this Agreement nor any rights or remedies of the Trustee or the Certificateholders shall be impaired by the recovery of any judgment by the Trustee against the Transferor or by the levy of any execution under such judgment upon any portion of the Trust Estate Property or upon any of the assets of the Transferor. ARTICLE SEVEN THE TRUSTEE SectionArticle Seven The Trustee

Action on Certificates. 147- 155 The Owner Trustee's right to seek and recover judgment on the Class A Certificates or under this Agreement shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Agreement. Neither the lien of this Agreement nor any rights or remedies of the Owner Trustee or the Certificateholders shall be impaired by the recovery of any judgment by the Owner Trustee against the Transferor Trust or by the levy of any execution under such judgment upon any portion of the Owner Trust Estate Estate. Any money or upon any of property collected by the assets of the Transferor. ARTICLE SEVEN THE TRUSTEE SectionOwner Trustee shall be applied in accordance with Section 15.08(b) hereof.