Covenants of the Depositor The Depositor covenants and agrees with the Underwriters that:
Additional Covenants of the Seller The Seller hereby covenants and agrees with the Depositor as follows:
Negative Covenants of the Servicer From the Closing Date until the Collection Date:
Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:
Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:
COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:
Covenants of Servicer Unless required by law or court order, the Servicer will not release the Financed Vehicle securing any Receivable from the security interest granted by such Receivable in whole or in part except (i) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency which the Servicer would not attempt to collect in accordance with its Customary Servicing Practices, (ii) in connection with repossession or (iii) as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.