Common use of Impairment Clause in Contracts

Impairment. The Master Servicer shall not impair the rights of the Noteholders and Certificateholders in the Contracts.

Appears in 26 contracts

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3), Sale and Servicing Agreement (WFS Receivables Corp), Sale and Servicing Agreement (WFS Financial Auto Loans Inc)

AutoNDA by SimpleDocs

Impairment. The Master Servicer shall not impair the rights of the Noteholders and the Certificateholders in the Contracts.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (WFS Receivables Corp 4), Sale and Servicing Agreement (WFS Receivables Corp 3), Sale and Servicing Agreement (WFS Financial 2005-3 Owner Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!