Common use of Maintenance of the Swap Agreement Clause in Contracts

Maintenance of the Swap Agreement. So long as the Class A-2b Notes or the Class A-3b Notes are outstanding, the Servicer shall cause the Trust to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by the Trust in accordance with the provisions of the Swap Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2007-3)

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Maintenance of the Swap Agreement. So long as the Class A-2b Notes, the Class A-3b Notes or the Class A-3b A-4b Notes are outstanding, the Servicer shall cause the Trust to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by the Trust in accordance with the provisions of the Swap Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-2)

Maintenance of the Swap Agreement. So long as the Class A-2b Notes or the Class A-3b Notes are outstanding, the Master Servicer shall cause the Trust Issuer to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by acceptable to the Trust in accordance with the provisions of the Swap AgreementRating Agencies.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2008-1)

Maintenance of the Swap Agreement. So long as the Class A-2b Notes or the Class A-3b Notes are outstanding, the Master Servicer shall cause the Trust Issuer to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by acceptable to the Trust in accordance with the provisions of the Swap AgreementRating Agencies.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2007-1)

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Maintenance of the Swap Agreement. So long as the Class A-2b Notes, the Class A-3b Notes or the Class A-3b A-4b Notes are outstanding, the Master Servicer shall cause the Trust Issuer to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by acceptable to the Trust in accordance with the provisions of the Swap AgreementRating Agencies.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2008-A)

Maintenance of the Swap Agreement. So long as the Class A-2b A-2 Notes or the Class A-3b A-4b Notes are outstanding, the Servicer shall cause the Trust to maintain in effect the Swap Agreement or a replacement interest rate swap agreement entered into by the Trust in accordance with the provisions of the Swap Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-1)

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