Common use of Compliance with Credit and Collection Policies; Law Clause in Contracts

Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets and in all material respects with applicable law with respect to the Receivable Assets, unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the Issuer.

Appears in 12 contracts

Samples: Servicing Agreement (GE TF Trust), Servicing Agreement (GE TF Trust), Servicing Agreement (GE TF Trust)

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Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets Loans and in all material respects with applicable law with respect to the Receivable AssetsLoans, unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the IssuerEffect.

Appears in 9 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets Loans and in all material respects with applicable law with respect to the Receivable AssetsLoans, unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the Issuer.

Appears in 6 contracts

Samples: Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2011-1)

Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Purchaser Assets and in all material respects with applicable law with respect to the Receivable Purchaser Assets, unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the Issuer.

Appears in 4 contracts

Samples: Servicing Agreement (GE Equipment Midticket LLC, Series 2012-1), Servicing Agreement (GE Equipment Midticket LLC, Series 2012-1), Servicing Agreement (GE Equipment Midticket LLC, Series 2011-1)

Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets [Loans] [Purchaser Assets] and in all material respects with applicable law with respect to the Receivable [Loans] [Purchaser Assets], unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the Issuer.

Appears in 2 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

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Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets Receivables and in all material respects with applicable law with respect to the Receivable AssetsReceivables, unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the IssuerEffect.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

Compliance with Credit and Collection Policies; Law. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect to the Receivable Assets [Loans] [Receivables Assets] and in all material respects with applicable law with respect to the Receivable [Loans] [Receivables Assets], unless, in either case, such failure to comply would not be reasonably expected to cause a Material Adverse Effect on the Servicer or the Issuer.

Appears in 1 contract

Samples: Servicing Agreement (GECB Equipment Funding, LLC)

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