Liability of the Depositor. The Depositor shall be liable in accordance with this Agreement and the Second Step Receivables Assignment only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment specifically undertaken by the Depositor.
Appears in 92 contracts
Samples: Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2023-1)
Liability of the Depositor. (a) The Depositor shall will be liable in accordance with this Agreement and the Second Step Receivables Assignment only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment specifically undertaken by the DepositorDepositor under this Agreement.
Appears in 23 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A)
Liability of the Depositor. The Depositor shall be liable in accordance with this Agreement and the Second Step Receivables Assignment Assignments only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment Assignments specifically undertaken by the Depositor.
Appears in 22 contracts
Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)
Liability of the Depositor. The Depositor shall will be liable in accordance with this Agreement and the Second Step Receivables Assignment only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment specifically undertaken by the DepositorDepositor under this Agreement.
Appears in 22 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-B)
Liability of the Depositor. The Depositor shall be liable in accordance with this Agreement and the Second Step Receivables Assignment Assignment[s] only to the extent of the obligations in this Agreement and the Second Step Receivables Assignment Assignment[s] specifically undertaken by the Depositor.
Appears in 11 contracts
Samples: Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)
