Common use of No Borrowing Clause in Contracts

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 584 contracts

Samples: Indenture (BMW Vehicle Owner Trust 2024-A), Trust Agreement (BMW Vehicle Owner Trust 2024-A), Indenture (CarMax Auto Owner Trust 2024-2)

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No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for (i) the NotesNotes and (ii) any other indebtedness permitted by or arising under the other Basic Documents.

Appears in 103 contracts

Samples: Indenture (Honda Auto Receivables 2024-2 Owner Trust), Indenture (Honda Auto Receivables 2024-2 Owner Trust), Indenture (Honda Auto Receivables 2023-4 Owner Trust)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes under this Indenture.

Appears in 71 contracts

Samples: New York Mortgage Trust Inc, Trust Agreement (American Home Mortgage Investment Trust 2005-4), Trust Agreement (American Home Mortgage Investment Trust 2005-4)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes and the Certificates.

Appears in 57 contracts

Samples: Indenture (USAA Auto Owner Trust 2007-1), Indenture (USAA Auto Owner Trust 2008-1), Indenture (USAA Auto Owner Trust 2007-2)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notesindebtedness.

Appears in 54 contracts

Samples: Indenture (Chrysler Financial Auto Securitization Trust 2010-A), Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (Chrysler Financial Auto Securitization Trust 2009-A)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for other than the Notes.

Appears in 33 contracts

Samples: Indenture (Fieldstone Mortgage Investment CORP), Indenture (Sasco Mortgage Loan Trust Series 2004-Gel2), Indenture (Homebanc Corp)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for money borrowed other than indebtedness for money borrowed in respect of the NotesNotes or in accordance with the Basic Documents.

Appears in 19 contracts

Samples: Underwriting Agreement (Goldman Sachs Asset Backed Securities Corp), Indenture (Wholesale Auto Receivables Corp), Indenture (Navistar Financial Retail Receivables Corporation)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness for borrowed money except for the Notes.

Appears in 15 contracts

Samples: Indenture (WF Card Funding LLC), WF Card Issuance Trust, Indenture (BA Master Credit Card Trust II)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except as expressly provided for pursuant to the terms of the Transaction Documents and the Notes.

Appears in 14 contracts

Samples: Uscc Master Note (United States Cellular Corp), Master Indenture (Compucredit Corp), Master Indenture (Nordstrom Inc)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 13 contracts

Samples: Satisfaction and Discharge of Indenture (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Wells Fargo Financial Auto Owner Trust 2005-A, Indenture (Wells Fargo Auto Receivables Corp)

No Borrowing. The Issuer shall not issue, incur, ------------ assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 13 contracts

Samples: Indenture (SLM Funding Corp), Administration Agreement (SSB Vehicle Securities Inc), Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes and amounts due to the Note Insurer under this Indenture and the Insurance Agreement.

Appears in 12 contracts

Samples: Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness indebtedness, except for the Notes.

Appears in 11 contracts

Samples: Irwin Whole Loan Home Equity Trust 2005-A, Bear Stearns Asset Backed Securities Inc, Bear Stearns Asset Backed Securities Inc

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for (i) the NotesNotes and (ii) any other indebtedness permitted by or arising under the Basic Documents.

Appears in 10 contracts

Samples: Indenture (WDS Receivables LLC), Indenture (Wachovia Auto Loan Owner Trust 2007-1), Indenture (Wachovia Auto Owner Trust 2008-A)

No Borrowing. The Except as contemplated by this Indenture or the other Basic Documents, the Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 9 contracts

Samples: Indenture (Wells Fargo Student Loans Receivables I LLC), Indenture (Nellie Mae Education Loan Corp), Indenture (Usa Group Secondary Market Services Inc)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for as expressly contemplated by the Transaction Documents and the Notes.

Appears in 8 contracts

Samples: Note Purchase Agreement (Conns Inc), Note Purchase Agreement (Conns Inc), Indenture (Springleaf Finance Corp)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for the Notes.

Appears in 8 contracts

Samples: Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC), And Servicing Agreement (American Express Receivables Financing Corp VIII LLC)

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 8 contracts

Samples: Master Servicing Agreement (Provident Bank), Master Servicing Agreement (Indymac Abs Inc), Signet Bank Maryland

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for money borrowed in respect of the NotesNotes or in accordance with the Basic Documents.

Appears in 7 contracts

Samples: Indenture (Chase Manhattan Bank Usa), Pooling and Servicing Agreement (Chase Credit Card Master Trust), Pooling and Servicing Agreement (Chase Credit Card Master Trust)

No Borrowing. The Issuer shall may not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except as expressly provided for pursuant to the terms of the Transaction Documents and the Notes.

Appears in 6 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Ford Credit Floorplan Corp, Indenture (Nissan Wholesale Receivables Corp Ii)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for as contemplated by the Transaction Documents and the Notes.

Appears in 6 contracts

Samples: Master Indenture, Master Indenture (Atlanticus Holdings Corp), Master Indenture (Atlanticus Holdings Corp)

No Borrowing. The Except as contemplated by the Indenture or the Basic Documents, the Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 5 contracts

Samples: Master Agreement (Home Equity Mortgage Trust 2006-2), Indenture (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A), Home Equity Mortgage Trust 2007-1

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness for borrowed money except for the Notes.

Appears in 5 contracts

Samples: Master Note Trust (Mellon Premium Finance Loan Owner Trust), Pooling and Servicing Agreement (Mellon Bank Premium Finance Loan Master Trust), Indenture (First Union Student Loan Trust 1997-1)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes and such other obligations as are authorized under the Basic Documents.

Appears in 5 contracts

Samples: Indenture (Crestar Bank /Va), Master Indenture (Crestar Securitization LLC), Indenture (Transworld Insurance Co)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness indebtedness, or incur any other obligations or liabilities, except for the Notes.

Appears in 5 contracts

Samples: Trust Agreement (California Republic Auto Receivables Trust 2015-2), Trust Agreement (California Republic Funding LLC), Indenture (California Republic Funding LLC)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for the Notes.. [END OF ARTICLE X]

Appears in 4 contracts

Samples: Servicing Agreement (Capital One Master Trust), Servicing Agreement (Capital One Master Trust), Indenture (Capital One Master Trust)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for pursuant to a subordinated note or as otherwise provided in the Notes.Issuer's charter documents. [END OF ARTICLE X]

Appears in 4 contracts

Samples: Indenture (First Usa Credit Card Master Trust), Indenture (Chase Manhattan Bank Usa), Bank One Delaware National Association

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for other than as contemplated by this Indenture and the Notesother Basic Documents.

Appears in 4 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for the Notes.. [END OF ARTICLE XI]

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (American Express Issuance Trust), American Express Issuance Trust, American Express Issuance Trust

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness secured by the Collateral, except for the Notes.

Appears in 3 contracts

Samples: Indenture (Bluegreen Corp), Bluegreen Corp, Bluegreen Corp

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except as expressly provided for pursuant to the terms of the Basic Documents and the Notes.

Appears in 3 contracts

Samples: Indenture (Auto Nations Receivables Corp), Metlife Capital Equipment Loan Trusts, Metlife Capital Equipment Loan Trusts

No Borrowing. The Issuer shall not issue, incur, ------------ assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for money borrowed other than indebtedness for money borrowed in respect of the NotesNotes or in accordance with the Basic Documents.

Appears in 2 contracts

Samples: Indenture (First Security Bank Na), Indenture (Volkswagen Dealer Finance LLC)

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notesother than as contemplated by this Indenture.

Appears in 2 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness Indebtedness except for (i) the NotesNotes and (ii) any other Indebtedness permitted by or arising under the Basic Documents.

Appears in 2 contracts

Samples: Servicing Agreement (Household Auto Receivables Corp), Household Automobile Revolving Trust I

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 2 contracts

Samples: Citibank Credit Card Master Trust I, Citibank South Dakota N A

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for money borrowed other than indebtedness for money borrowed in respect of the NotesNotes or otherwise in accordance with the Basic Documents.

Appears in 2 contracts

Samples: Indenture (Capital Auto Receivables Inc), Capital Auto Receivables Inc

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.. SECTION 3.14

Appears in 2 contracts

Samples: Mmca Auto Receivables Inc, Mmca Auto Receivables Inc

No Borrowing. The Except as otherwise contemplated by Section 3.21, the Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 1 contract

Samples: Indenture (World Omni Auto Receivables LLC)

No Borrowing. The Issuer shall not issue, incur, assume, ------------- guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 1 contract

Samples: Thornburg Mortgage Asset Corp

No Borrowing. The Except as contemplated by the Indenture or the Basic Documents, the Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes. Section 3.19.

Appears in 1 contract

Samples: Home Equity Loan-Backed Notes Series 2003-D

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No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for other than as contemplated by this Indenture and the Notesother Basic Documents.

Appears in 1 contract

Samples: Deutsche Recreational Asset Funding Corp

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes, any Hedge Transaction and any other indebtedness permitted by the Basic Documents.

Appears in 1 contract

Samples: MCG Capital Corp

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.Notes and the Certificates. SECTION 3.14

Appears in 1 contract

Samples: Daimler Benz Vehicle Receivables Corp

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes, and any other indebtedness permitted by or arising under the Basic Documents.

Appears in 1 contract

Samples: Indenture (Money Store Commercial Mortgage Inc)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Class A Notes.

Appears in 1 contract

Samples: Indenture (Fund America Investors Corp Ii)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes and any other indebtedness permitted by the Transaction Documents.

Appears in 1 contract

Samples: Indenture (MCG Capital Corp)

No Borrowing. The Issuer shall not issue, ------------ incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 1 contract

Samples: Indenture (Pooled Auto Securities Shelf LLC)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for other than indebtedness in respect of the Notes, pursuant to the Intercompany Advance Agreement or otherwise in accordance with the Basic Documents.

Appears in 1 contract

Samples: Servicing Agreement (Navistar Financial Corp)

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for money borrowed other than indebtedness for money borrowed in respect of the NotesNotes or in accordance with the Basic Documents.

Appears in 1 contract

Samples: Navistar Financial Retail Receivables Corporation

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any additional indebtedness except for the Notes.

Appears in 1 contract

Samples: Indenture (Bank One Auto Securitization Trust 2003-1)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for the NotesNotes and under the Transaction Documents related thereto.

Appears in 1 contract

Samples: Trust Indenture

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness additional indebtedness, except for the Notes.. [END OF ARTICLE X] ARTICLE XI

Appears in 1 contract

Samples: investor.capitalone.com

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes. SECTION 3.14.

Appears in 1 contract

Samples: Indenture (First Merchants Acceptance Corp)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.. Indenture 28

Appears in 1 contract

Samples: Indenture (Case Receivables Ii Inc)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness Indebtedness except (i) for the Notes, (ii) pursuant to any Advances made to it by the Servicer and (iii) for any other Indebtedness permitted by or arising under the other Basic Documents.

Appears in 1 contract

Samples: Fleetwood Credit Receivables Corp

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes, other series of notes and an amount of general expenses not to exceed $50,000.

Appears in 1 contract

Samples: Servicing Agreement (Greenpoint Credit LLC)

No Borrowing. The Issuer shall will not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness for borrowed money except for the Notes.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mbna Credit Card Master Note Trust)

No Borrowing. The Issuer shall will not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mbna Credit Card Master Note Trust)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for as contemplated by the NotesTransaction Documents, the Notes and the O/C Certificates.

Appears in 1 contract

Samples: Master Indenture (Compucredit Corp)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes, the Certificates and the Final Payment Certificate.

Appears in 1 contract

Samples: Mmca Auto Receivables Inc

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Notes.. 29 (2015-C Indenture)

Appears in 1 contract

Samples: Indenture (Hyundai Auto Receivables Trust 2015-C)

No Borrowing. The Issuer shall will not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for Indebtedness other than the Notes.

Appears in 1 contract

Samples: Indenture (General Motors Financial Company, Inc.)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness for any borrowings, (including, without limitation, any such indebtedness evidenced by notes, bonds, debentures or similar instruments), except for the Notes.

Appears in 1 contract

Samples: Indenture (Fifth Third Auto Trust 2004-A)

No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness Indebtedness except for (i) the Notes., (ii) any other Indebtedness permitted by or arising under the Related Documents and (iii) a

Appears in 1 contract

Samples: Execution Copy (Olympic Financial LTD)

No Borrowing. The Issuer shall not issue, incur, assume, ------------ guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the NotesNotes or as permitted under the Basic Documents.

Appears in 1 contract

Samples: Administration Agreement (Ml Asset Backed Corp)

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