Common use of Confirmation of Status Clause in Contracts

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 165 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-C), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-C), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)

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Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Basic Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Basic Documents.

Appears in 130 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-D Owner Trust), Asset Representations Review Agreement (CNH Equipment Trust 2024-C), Asset Representations Review Agreement (CNH Equipment Trust 2024-C)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Asset Review Receivables for compliance with the representations and warranties under the Transaction Basic Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Basic Documents.

Appears in 87 contracts

Samples: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-4), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-4), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Asset Review Receivables for compliance with the representations and warranties under the Transaction Program Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Program Documents.

Appears in 58 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2024-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2024-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2024-2)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables Leases for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 49 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2024-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2024-B), Asset Representations Review Agreement (Vw Credit Leasing LTD)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (ai) reviewing the Receivables for compliance with the representations and warranties under the Transaction DocumentsSale and Servicing Agreement, except as described in this Agreement, or (bii) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.Sale and Servicing Agreement. ARTICLE THREE ASSET REPRESENTATIONS REVIEW PROCESS

Appears in 11 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Agreement (Mercedes-Benz Auto Receivables Trust 2023-1)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables Contracts for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 8 contracts

Samples: Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A), Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A), Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables and the related Accounts for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 7 contracts

Samples: Asset Representations Review Agreement, Asset Representations Review Agreement (Ford Credit Floorplan LLC), Asset Representations Review Agreement (Ford Credit Floorplan LLC)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents, or if any Receivable is required to be repurchased.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2022-P3)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the any Group Receivables for compliance with the representations and warranties under the Transaction Documents and any other Series Related Documents, except as described in this AgreementAgreement with respect to the applicable Group Eligibility Representation, or (b) determining whether noncompliance with the representations or warranties applicable Group Eligibility Representation constitutes a breach of the Transaction Documents and other Series Related Documents.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Basic Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.Basic Documents or (c) determining if any Receivable is required to be repurchased. ARTICLE THREE ASSET REPRESENTATIONS REVIEW PROCESS

Appears in 4 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) confirming that the conditions in subsection 13.05(b) of the Indenture have been satisfied, (b) reviewing the Receivables assets for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of any contractual provision under the Transaction Documents.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Issuance Trust)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables Transaction Leases for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (World Omni LT), Asset Representations Review Agreement (World Omni LT), Asset Representations Review Agreement (World Omni LT)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction DocumentsDocuments or (c) confirming that the provisions of the Transaction Documents relating to the Review have been satisfied.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables and Accounts for compliance with the representations and warranties under the Transaction DocumentsPooling and Servicing Agreement, the Transfer Agreement or the Receivables Purchase Agreement, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of any contractual provision under the Transaction DocumentsTransfer and Servicing Agreement, the Transfer Agreement or the Receivables Purchase Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (First National Funding LLC), Asset Representations Review Agreement (First National Funding LLC)

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Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this AgreementAgreement with respect to the Eligibility Representation, or (b) determining whether noncompliance with the representations or warranties Eligibility Representation constitutes a breach of the Transaction Documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Verizon Owner Trust 2020-B), Review Agreement (Verizon ABS LLC)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables and Accounts for compliance with the representations and warranties under the Transaction DocumentsPooling and Servicing Agreement, the Transfer Agreement or the Receivables Purchase Agreement, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of any contractual provision under the Transaction DocumentsPooling and Servicing Agreement, the Transfer Agreement or the Receivables Purchase Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (World Financial Network Credit Card Master Note Trust), Indemnification Agreement (World Financial Network Credit Card Master Trust)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (ai) reviewing the Receivables for compliance with the representations and warranties under the Transaction DocumentsSale and Servicing Agreement, except as otherwise described in this Agreement, or (bii) determining whether noncompliance with the such representations or warranties constitutes a breach of the Transaction Documents.Sale and Servicing Agreement. ARTICLE THREE ASSET REPRESENTATIONS REVIEW PROCESS

Appears in 2 contracts

Samples: Daimler Trucks (Daimler Trucks Retail Trust 2024-1), Agreement (Daimler Trucks Retail Trust 2024-1)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables 2016-A Leases and 2016-A Leased Vehicles for compliance with the representations and warranties under the Transaction Documents2016-A Servicing Supplement, except as described in this Agreement, Agreement or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents2016-A Servicing Supplement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-A)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables Asset Review Securities for compliance with the representations and warranties under the Transaction Basic Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Basic Documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GNMAG Asset Backed Securitizations, LLC), Asset Representations Review Agreement (GNMAG Asset Backed Securitizations, LLC)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction [Basic Documents], except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction [Basic Documents].

Appears in 1 contract

Samples: Asset Representations Review Agreement (CNH Capital Receivables LLC)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the SMART Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, Agreement or (b) determining whether noncompliance with the representations or warranties Pool Asset Representations constitutes a breach of the Transaction Documents.

Appears in 1 contract

Samples: Form of Asset Representations Review Agreement (Macquarie Leasing Pty LTD)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents., or if any Receivable is required to be repurchased. Section 2.03

Appears in 1 contract

Samples: Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P3)

Confirmation of Status. The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, Agreement or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Macquarie Leasing Pty LTD)

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