Common use of Independence of Asset Representations Reviewer Clause in Contracts

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 100 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-B), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A)

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Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer Issuer, the Servicer or the Owner Trustee, respectivelyAdministrator, the Asset Representations Reviewer will have no authority to act for or represent the Issuer Issuer, the Servicer or the Owner Trustee Administrator, respectively, and will not be considered an agent of the Issuer or the Owner Trusteeany such Person. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer Issuer, the Servicer or the Owner Trustee Administrator members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 69 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-a Owner Trust)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless expressly authorized by the Issuer or the Owner Trustee, respectivelyIssuer, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer Issuer, the Holding Trust or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either any of the Issuer Issuer, the Holding Trust or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-2), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-1)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them. For avoidance of doubt, the Indenture Trustee will not be responsible for monitoring the performance by the Asset Representations Reviewer of its obligations under this Agreement.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless expressly authorized by the Issuer or the Owner Trustee, respectivelyIssuer, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Efcar, LLC), Asset Representations Review Agreement (Efcar, LLC), Asset Representations Review Agreement (ACAR Leasing Ltd.)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer Sponsor, the Servicer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or Sponsor and the Owner TrusteeServicer, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or Sponsor and the Owner Trustee Servicer and will not be considered an agent of the Issuer or Sponsor and the Owner TrusteeServicer. Nothing in this Agreement will make the Asset Representations Reviewer and either any of the Issuer or Sponsor and the Owner Trustee Servicer members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Issuance Trust)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Perpetual Trustee Company Limited, the Issuer Trustee, the Manager or the Owner Trustee Servicer for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of or the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any either of them.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)

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Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer or the Owner Trustee for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 1 contract

Samples: Asset Representations Review Agreement (CNH Capital Receivables LLC)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Perpetual Trustee Company Limited, the Issuer or the Owner Trustee Servicer for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectively, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner Trustee. Nothing in this Agreement will make the Asset Representations Reviewer and either of the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Macquarie Leasing Pty LTD)

Independence of Asset Representations Reviewer. The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer Perpetual Trustee Company Limited, the Issuer, the Manager or the Owner Trustee Servicer for the manner in which it accomplishes the performance of its obligations under this Agreement. Unless authorized by the Issuer or the Owner Trustee, respectivelyIssuer, the Asset Representations Reviewer will have no authority to act for or represent the Issuer or the Owner Trustee and will not be considered an agent of the Issuer or the Owner TrusteeIssuer. Nothing in this Agreement will make the Asset Representations Reviewer and either of or the Issuer or the Owner Trustee members of any partnership, joint venture or other separate entity or impose any liability as such on any either of them.

Appears in 1 contract

Samples: Form of Asset Representations Review Agreement (Macquarie Leasing Pty LTD)

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