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Common use of Duties of the Trust Collateral Agent Clause in Contracts

Duties of the Trust Collateral Agent. (a) The Issuer hereby appoints Wxxxx Fargo Bank, National Association, as the Trust Collateral Agent, and Wxxxx Fargo Bank, National Association hereby accepts such appointment. (b) (i) the Trust Collateral Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and the Basic Documents and no implied covenants or obligations shall be read into this Agreement or the Basic Documents against the Trust Collateral Agent; and

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp)

Duties of the Trust Collateral Agent. (a) The Issuer hereby appoints Wxxxx Xxxxx Fargo Bank, National Association, as the Trust Collateral Agent, and Wxxxx Xxxxx Fargo Bank, National Association hereby accepts such appointment. (b) (i) the Trust Collateral Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and the Basic Documents and no implied covenants or obligations shall be read into this Agreement or the Basic Documents against the Trust Collateral Agent; and

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp)

Duties of the Trust Collateral Agent. (a) The Issuer hereby appoints Wxxxx Xxxxx Fargo Bank, National Association, as the Trust Collateral Agent, and Wxxxx Xxxxx Fargo Bank, National Association hereby accepts such appointment. (b) (i) the Trust Collateral Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and the other Basic Documents and no implied covenants or obligations shall be read into this Agreement or the other Basic Documents against the Trust Collateral Agent; and

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp)

Duties of the Trust Collateral Agent. (a) The Issuer hereby appoints Wxxxx Fargo Bank, National Association, as the Trust Collateral Agent, and Wxxxx Fargo Bank, National Association hereby accepts such appointment. (b) (i) the Trust Collateral Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and the Basic Documents and no implied covenants or obligations shall be read into this Sale and Servicing Agreement or the Basic Documents against the Trust Collateral Agent; and

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corporation), Sale and Servicing Agreement (Credit Acceptance Corporation)

Duties of the Trust Collateral Agent. (a) The Issuer hereby appoints Wxxxx Xxxxx Fargo Bank, National Association, as the Trust Collateral Agent, and Wxxxx Xxxxx Fargo Bank, National Association hereby accepts such appointment. (b) (i) the Trust Collateral Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and the Basic Documents and no implied covenants or obligations shall be read into this Sale and Servicing Agreement or the Basic Documents against the Trust Collateral Agent; and

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corporation)