Common use of No Effect on Other Parties Clause in Contracts

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.

Appears in 17 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD), Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD), Transaction Subi Supplement to Servicing Agreement (Vw Credit Leasing LTD)

AutoNDA by SimpleDocs

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction Sold SUBI Portfolio Portfolios pursuant to Section 8.1 9.1 hereof, or upon any appointment of a successor to the Servicer with respect to the Transaction Sold SUBI PortfolioPortfolios, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing AgreementAgreements, the Transaction Sold SUBI SupplementSupplements, any other SUBI SupplementSupplements, any other SUBI Servicing Agreement Supplement Supplements or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.

Appears in 3 contracts

Samples: Servicing Agreement (Greyhound Funding LLC), Transfer Agreement (Greyhound Funding LLC), Sold Subi Supplement to Servicing Agreement (Fah Co Inc)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2012-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2012-A), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2012-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2023-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2019-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2011-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2011-A), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2011-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2013-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease Trust 2013-A), Transaction Subi Supplement (Volkswagen Auto Lease Trust 2013-A)

AutoNDA by SimpleDocs

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2020-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2024-A)

Appears in 2 contracts

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction SUBI Portfolio pursuant to Section 8.1 hereof, or upon any appointment of a successor Servicer with respect to the Transaction SUBI Portfolio, all the rights, powers, duties and obligations of the Origination Trustees, the UTI Holder and the Settlor under the Origination Trust Agreement, the Servicing Agreement, the Transaction SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.. 9 Transaction SUBI Servicing Supplement (2022-A)

Appears in 1 contract

Samples: Transaction Subi Supplement to Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the Transaction 1996-B SUBI Portfolio from time to time pursuant to Section 8.1 hereof11.01 hereof or Section 4.01 of the Servicing Agreement, or upon any appointment of a successor to the Servicer with respect to the Transaction 1996-B SUBI Portfolio, all the rights, powers, duties and obligations of the Origination TrusteesTrustee, the UTI Holder and the Settlor Seller under this Agreement, the Origination Securitization Trust Agreement, the Servicing Agreement, the Transaction 1996-B SUBI Supplement, any other SUBI Supplement, any other SUBI Servicing Agreement Supplement or any other Origination Trust Document shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided herein or therein.

Appears in 1 contract

Samples: Servicing Agreement (World Omni 1996-B Automobile Lease Securitization Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!