Common use of Assignment of Indemnities Clause in Contracts

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign its rights of indemnity hereunder to the Collateral Agent, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan Credit and Servicing Security Agreement, the Purchaser Buyer shall assign its rights of indemnity granted hereunder to the Collateral Agent, on behalf for the benefit of the Secured Parties. Upon such assignment, (ai) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser Buyer hereunder and may in turn assign such rightsrights as permitted under the Credit and Security Agreement, and (bii) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral AgentLenders, on behalf of the other Secured Parties, and the Collateral Agent or the assignee of any such Person, as applicable, may enforce directly, without joinder of the PurchaserBuyer, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign assigns its rights of indemnity hereunder as collateral security to the Collateral Agent, on behalf of the Secured Parties. Upon such the permitted exercise of remedies pursuant to the relevant security documentation governing the collateral assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, and (c) the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Credit Agreement, the Purchaser shall assign its rights of indemnity hereunder to the Collateral Agent, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX Section 9.2 shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign its rights of indemnity hereunder to the Collateral AgentTrustee, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral AgentTrustee, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX Section 9.2 shall inure to the Collateral AgentTrustee, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral AgentTrustee, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller Contributor acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser Contributee shall assign its rights of indemnity hereunder to the Collateral Agent, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser Contributee hereunder and may in turn assign such rights, and (b) the obligations of the Seller Contributor under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller Contributor agrees that, upon such assignment, the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the PurchaserContributee, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign its rights of indemnity granted hereunder to the Collateral Agent, on behalf for the benefit of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf for the benefit of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX VI shall inure to the Collateral Agent, on behalf for the benefit of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral Agent, on behalf for the benefit of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IXVI.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan Revolving Credit and Servicing Security Agreement, the Purchaser shall assign has assigned its rights of indemnity hereunder to the Collateral Agent, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, that the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign its rights of indemnity granted hereunder to the Collateral Agent, on behalf for the benefit of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf for the benefit of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf for the benefit of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral Agent, on behalf for the benefit of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan Amended and Restated Sale and Servicing Agreement, the Purchaser shall assign its rights of indemnity hereunder to the Collateral AgentTrustee, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral AgentTrustee, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX Section 9.2 shall inure to the Collateral AgentTrustee, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral AgentTrustee, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Security Agreement, the Purchaser Buyer shall collaterally assign its rights of indemnity granted hereunder to the Collateral Administrative Agent, on behalf for the benefit of the Secured Parties. Upon such assignment, (ai) the Collateral Administrative Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser Buyer hereunder and may in turn assign such rightsrights as permitted under the Loan and Security Agreement, and (bii) the obligations of the Seller under this Article IX shall inure to the Collateral Administrative Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral AgentLenders, on behalf of the other Secured Parties, and the Administrative Agent or the assignee of any such Person, as applicable, may enforce directly, without joinder of the PurchaserBuyer, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Agreement, the Purchaser shall assign its rights of indemnity granted hereunder to the Collateral Agent, on behalf for the benefit of the Secured Parties. Upon such assignment, (a) the Collateral Agent, on behalf for the benefit of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX Section 2.5 and Section 2.6 shall inure to the Collateral Agent, on behalf for the benefit of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral Agent, on behalf for the benefit of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IXSection 2.5 and Section 2.6.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Note Purchase Agreement, the Purchaser shall assign its rights of indemnity hereunder to the Collateral AgentTrustee, on behalf of the Secured Parties. Upon such assignment, (a) the Collateral AgentTrustee, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX Section 9.2 shall inure to the Collateral AgentTrustee, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, the Collateral AgentTrustee, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.

Assignment of Indemnities. The Seller acknowledges that, pursuant to the Loan and Servicing Security Agreement, the Purchaser shall assign assigns its rights of indemnity hereunder as collateral security to the Collateral Agent, on behalf of the Secured Parties. Upon such the permitted exercise of remedies pursuant to the relevant security documentation governing the collateral assignment, (a) the Collateral Agent, on behalf of the Secured Parties, shall have all rights of the Purchaser hereunder and may in turn assign such rights, and (b) the obligations of the Seller under this Article IX shall inure to the Collateral Agent, on behalf of the Secured Parties. The Seller agrees that, upon such assignment, and (c) the Collateral Agent, on behalf of the Secured Parties, may enforce directly, without joinder of the Purchaser, the indemnities set forth in this Article IX.