Contribution Agreement Supplement Sample Clauses

Contribution Agreement Supplement. The Contribution Agreement

Contribution Agreement Supplement. The Contribution Agreement Supplement, dated as of August 26, 1999, and delivered with respect to the Series 1999-1 Trust Estate.

Contribution Agreement Supplement. The Obligors, the Originator and the Servicer shall not be liable to the Series 1999-1 Noteholders except, with respect to the Obligors and the Servicer, for the non-performance of obligations expressly undertaken by them pursuant hereto and, with respect to the Originator, as expressly provided for in the Contribution Agreement and Series 1999-1

Contribution Agreement Supplement. Without limiting the generality of the foregoing, if any User fails to pay any Scheduled Payment, Final Contract Payment, Prepayment Amount or other amounts due under a Series 1999-1 Contract, then neither the Trustee nor the Series 1999-1 Noteholders will have any recourse against the Obligors, the Originator or the Servicer for such Scheduled Payment, Final Contract Payment, Prepayment Amount, other amounts due under such Series 1999-1 Contract or any losses, damages, claims, liabilities or expenses incurred by any Series 1999-1 Noteholder as a direct or indirect result thereof; provided, however, that the Trustee shall have recourse against the Servicer for any losses, damages, claims, liabilities or expenses (including legal fees and expenses) incurred by the Trustee as a direct or indirect result thereof.

Contribution Agreement Supplement. Each Contribution Agreement Supplement executed and delivered pursuant to the Contribution Agreement. Contributor: Phoenix Leasing Incorporated, a California corporation.