Common use of Compliance with the FDIC Rule Clause in Contracts

Compliance with the FDIC Rule. The Custodian agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 78 contracts

Samples: Custodian Agreement (Ally Auto Receivables Trust 2024-2), Custodian Agreement (Ally Auto Receivables Trust 2024-2), Custodian Agreement (Ally Auto Receivables Trust 2024-1)

AutoNDA by SimpleDocs

Compliance with the FDIC Rule. The Custodian agrees to (i) perform abide by the covenants and other agreements set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 2 contracts

Samples: Custodian Agreement (Ally Auto Receivables Trust 2011-1), Custodian Agreement (Ally Auto Receivables Trust 2011-1)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!