Common use of Contract Not Assumable Clause in Contracts

Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the Trust Depositor with respect to such Contract.

Appears in 85 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Customer Funding Corp.)

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Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Trust Depositor with respect to such Contract.

Appears in 22 contracts

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Transfer and Sale Agreement (Harley Davidson Customer Funding Corp), Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Trust Depositor with respect to such Contract.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp), Sale and Servicing Agreement (Dealer Auto Receivables Corp), Pooling and Servicing Agreement (Dealer Auto Receivables Corp)

Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Trust Depositor Originator with respect to such Contract.

Appears in 2 contracts

Samples: Lending Agreement (Triad Financial Corp), Lending Agreement (Triad Financial Corp)

Contract Not Assumable. No Contract is assumable by another Person ---------------------- in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Trust Depositor Borrower with respect to such Contract.

Appears in 2 contracts

Samples: Warehouse and Security Agreement (TFC Enterprises Inc), Purchase Agreement (TFC Enterprises Inc)

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Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s 's obligations to the Trust Depositor Borrower with respect to such Contract.

Appears in 1 contract

Samples: Warehouse and Security Agreement (TFC Enterprises Inc)

Contract Not Assumable. No Contract is assumable by another Person in a manner which would release the Obligor thereof from such Obligor’s obligations to the Trust Depositor Originator with respect to such Contract.

Appears in 1 contract

Samples: Warehouse Lending Agreement (Triad Financial Corp)

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