Filter & Search

Clause: Covenants of the Custodian

Contract Type

Jurisdiction

Country

Include Keywords

Exclude Keywords

Additional filters are available in search

Related Clauses

Covenants of the Custodian. (a) The Custodian, either directly or by acting through an agent or nominee (which agent shall not be the Originator or any Affiliate thereof, except as provided in Section 10.8(e) hereof), shall hold the Legal File and all other documents relating to any Receivable that comes into its possession for the exclusive use and benefit of the Issuer and shall make disposition thereof only in accordance with the provisions of this Agreement. The Custodian shall maintain continuous custody of the Legal File and such other documents received by it in secure facilities in accordance with customary standards for such custody and shall not release such documents or transfer such documents to any other party, including any subcustodian, except as otherwise expressly provided herein.

Covenants of the Custodian. (i) The Custodian will comply in all material respects with applicable law.

Covenants of the Custodian. (a) The Custodian, either directly or by acting through an agent or nominee (which agent shall not be the Originator or any Affiliate thereof), shall hold the Legal File and all other documents relating to any Receivable that comes into its possession for the exclusive use and benefit of the Trust and shall make disposition thereof only in accordance with the provisions of this Agreement. The Custodian shall segregate the Legal Files and such other documents from all other motor vehicle retail installment sale contracts and similar documents in its possession and maintain continuous custody of the Legal File and such other documents received by it in secure facilities in accordance with customary standards for such custody and shall not release such documents or transfer such documents to any other party, including any subcustodian, except as otherwise expressly provided herein.

Covenants of the Custodian. The Custodian hereby covenants that:

Covenants of the Custodian. During the term of this Custodial Agreement, the Custodian hereby covenants that:

Covenants of the Custodian. From the Closing Date until the Collection Date, the Custodian hereby covenants to the Company that:

Covenants of the Custodian. From the Closing Date until the Collection Date:

Covenants of the Custodian

Sample 1Sample 2Sample 3See All (12)

Covenants of the Depositor The Depositor covenants and agrees with the Underwriters that:
Covenants of the Servicer At all times from the Closing Date until the Final Payout Date:
Covenants of the Companies Each of the Companies covenants with the Underwriters as follows:
Covenants of the Company The Company covenants with each Underwriter as follows:
Covenants of the Sponsor The Sponsor agrees and covenants for the benefit of each Certificateholder, the Note Insurer and the Owner Trustee, during the term of this Agreement, and to the fullest extent permitted by applicable law, that:
Covenants of the Master Servicer The Master Servicer hereby covenants to the Depositor and the Trustee as follows:
Affirmative Covenants of the Servicer From the Closing Date until the Collection Date: