No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.
Appears in 107 contracts
Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2015-C Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2015-C Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim counterclaim, dispute or defense, including the defense of usury, whether arising out of transactions concerning the Receivable or otherwise, and the operation of any terms of the terms of any Receivable, Receivable or the exercise by the Seller or the Obligor of any right thereunder, under the Receivable will not render such the Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usurypart, and no such right of rescission, setoff, counterclaim counterclaim, dispute or defense, including the defense of usury, has been asserted with respect thereto.
Appears in 85 contracts
Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-C)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion with respect to any Receivable of any such right of rescission, setoff, counterclaim or defense has been asserted with respect theretodefense.
Appears in 51 contracts
Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the Depositor has no knowledge of any such right of rescission, setoff, counterclaim or defense has been being asserted or threatened with respect theretoto any Receivable.
Appears in 41 contracts
Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-2)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the Seller has no knowledge of any such right of rescission, setoff, counterclaim or defense has been being asserted or threatened with respect theretoto any Receivable.
Appears in 37 contracts
Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-4), Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-3)
No Defenses. No The Receivable is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any the Receivable, or the exercise of any right thereunder, will not render such the Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (First Security Auto Grantor Trust 1997-A), Pooling and Servicing Agreement (First Security Corp /Ut/), Pooling and Servicing Agreement (First Security Bank Na)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion with respect to any Receivable of any such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.defense. Contract Data Tape
Appears in 5 contracts
Samples: Asset Representations Review Agreement (Daimler Trucks Retail Trust 2024-1), Asset Representations Review Agreement (Daimler Trucks Retail Trust 2024-1), Asset Representations Review Agreement (Daimler Trucks Retail Receivables LLC)
No Defenses. No Receivable is subject to any right of rescission, ----------- setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion with respect to any Receivable of any such right of rescission, setoff, counterclaim or defense has been asserted with respect theretodefense.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, by any Obligor, whether arising out of transactions concerning the Receivable or otherwise, and the operation of any terms of the terms of any Receivable, Receivable or the exercise by the Seller or the Obligor of any right thereunder, under the Receivable will not render such the Receivable unenforceable in whole or in part or subject part, and no such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted by any Obligor with respect thereto.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Receivables Purchase Agreement (Regions Auto Receivables Trust 2003-1), Receivables Purchase Agreement (Regions Auto Receivables Trust 2002-1)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.right
Appears in 3 contracts
Samples: Purchase Agreement (Nissan Auto Receivables 2001-B Owner Trust), Purchase Agreement (Nissan Auto Receivables 2000-C Owner Trust), Purchase Agreement (Nissan Auto Receivables 2001-a Owner Trust)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such 25 (Sale and Servicing Agreement) Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.any
Appears in 1 contract
Samples: Purchase Agreement (Nissan Auto Receivables Ii 2001-C Owner Trust)
No Defenses. No The Receivable is not subject to ----------- any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any the Receivable, or the exercise of any right thereunder, will not render such the Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.
Appears in 1 contract
Samples: Sale and Servicing Agreement (First Security Bank Na)
No Defenses. No The Receivable is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the material terms of any the Receivable, or the exercise of any material right thereunder, will not render such the Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion of any such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Nationsfinancial Funding Corp)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion with respect to any Receivable of any such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.defense. - Contract - Data Tape
Appears in 1 contract
Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2023-1)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part or subject such Receivable to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.of
Appears in 1 contract
Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2001-B Owner Trust)
