GENERAL COVENANTS OF SELLER AND SERVICER Sample Clauses

GENERAL COVENANTS OF SELLER AND SERVICER. SECTION 7.01. Affirmative Covenants of Seller and Servicer. 21 SECTION 7.02. Reporting Requirements of Seller ............................. 23 SECTION 7.03. Negative Covenants of Seller and Servicer .................... 24 SECTION 7.04. Separate Existence ........................................... 26
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GENERAL COVENANTS OF SELLER AND SERVICER. SECTION 7.01. Affirmative Covenants of Seller and Servicer 22 SECTION 7.02. Reporting Requirements of Seller 23 SECTION 7.03. Negative Covenants of Seller 24 ARTICLE VIII ADMINISTRATION AND COLLECTION SECTION 8.01. Designation of Servicer 28 SECTION 8.02. Duties of Servicer 29 SECTION 8.03. Rights of the Administrator 30 SECTION 8.04. Responsibilities of Seller 31 SECTION 8.05. Further Action Evidencing Purchases and Reinvestments 31 SECTION 8.06. Application of Collections 32 ARTICLE IX SECURITY INTEREST SECTION 9.01. Grant of Security Interest 32 SECTION 9.02. Further Assurances 33 SECTION 9.03. Remedies 33 ARTICLE X LIQUIDATION EVENTS SECTION 10.01. Liquidation Events 33 SECTION 10.02. Remedies 35 ARTICLE XI THE ADMINISTRATOR; RELATIONSHIP BANK
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GENERAL COVENANTS OF SELLER AND SERVICER. 7.01 Affirmative Covenants of Seller and Sunterra. From the date hereof until the first day, following the Commitment Termination Date, on which (i) all Undivided Interests shall be reduced to zero, and (ii) all Obligations that have ever been outstanding hereunder shall have been finally and fully paid and performed, Seller and Sunterra (in its capacity as Servicer) each hereby covenants and agrees with Purchaser and the Agent as to itself that, unless the Agent shall otherwise consent in writing, it shall:
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GENERAL COVENANTS OF SELLER AND SERVICER. 7.01 Affirmative Covenants of Seller and Union . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 7.02
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GENERAL COVENANTS OF SELLER AND SERVICER. 7.01 Affirmative Covenants of Seller and Sunterra.........................30 7.02
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GENERAL COVENANTS OF SELLER AND SERVICER 
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Related to GENERAL COVENANTS OF SELLER AND SERVICER

  • Additional Covenants of Servicer (a) Unless required by Applicable Law or court order, at the direction of a regulatory authority or, as evidenced by an Opinion of Counsel, in accordance with regulatory guidance, the Servicer will not release the Financed Vehicle securing each such Receivable from the security interest granted by such Receivable in whole or in part except (a) 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, (b) in connection with the repossession and liquidation of such Financed Vehicle or (c) as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • COVENANTS OF SELLER AND BUYER Seller and Buyer each covenant with the other as follows:

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Covenants of Sellers Sellers agree that:

  • 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.

  • Representations, Warranties and Covenants of the Seller and Master Servicer (a) The Seller hereby makes the representations and warranties set forth in (i) Schedule II hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date and (ii) Schedule III hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Initial Cut-off Date with respect to the Initial Mortgage Loans and as of the related Supplemental Cut-off Date with respect to the Supplemental Mortgage Loans.

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER 4.1 To induce Purchaser to enter into this Agreement, Seller hereby makes for the benefit of Purchaser and its assigns with respect to each Mortgage Loan as of the date hereof (or as of such other date specifically set forth in the particular representation and warranty) each of the representations and warranties set forth on Exhibit 2 hereto, except as otherwise set forth on Schedule 2-A attached to such Exhibit 2. In addition, Seller hereby further represents, warrants and covenants to Purchaser as of the date hereof as follows:

  • PRE-CLOSING COVENANTS OF SELLER Seller hereby covenants and agrees that, between the date hereof and the Closing, it will comply with the provisions of this Article IV, except to the extent Purchaser may otherwise consent in writing.

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