Common use of Entire Agreement; No Unperformed Obligation Clause in Contracts

Entire Agreement; No Unperformed Obligation. Each Lease File delivered to Buyer constitutes the entire agreement between Seller and the related Obligor with respect to the related transaction, and Seller has not defaulted in any of its obligations to such Obligor with respect to such transaction. Neither Seller nor any affiliate of Seller has any obligation under any Purchased Lease that has not been performed in full as of the related Purchase Date, and no Purchased Lease requires Seller or any affiliate of Seller to comply with any covenant or other agreement (it being understood that the Servicing Rights do not constitute obligations, covenants or other agreements).

Appears in 6 contracts

Samples: Tax Exempt Lease Purchase Agreement (Federal Signal Corp /De/), Tax Exempt Lease Purchase Agreement (Federal Signal Corp /De/), Tax Exempt Lease Purchase Agreement (Federal Signal Corp /De/)

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