Common use of Independence of the Asset Representations Reviewer Clause in Contracts

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

Appears in 93 contracts

Samples: Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-4), Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-3)

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

Appears in 50 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-C), Asset Representations Review Agreement (CNH Equipment Trust 2024-C), Asset Representations Review Agreement (CNH Equipment Trust 2024-B)

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