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 20[ ]-[ ] Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]-[ ] Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni LT), Exchange Note Servicing Supplement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

AutoNDA by SimpleDocs

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2019-[ ] B Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2019-[ ] B Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B), Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2021-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2021-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni Auto Leasing LLC), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2023-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2023-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2018-[ ] A Reference Pool pursuant to Section Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2018-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2016-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2016-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2022-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2022-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2024-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2024-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2019-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2019-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A), Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2018-[ ] B Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2018-[ ] B Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Exchange Note Servicing Supplement (World Omni Automobile Lease Securitization Trust 2018-B), Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2018-B)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2017-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2017-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2020-[ ] B Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2020-[ ] B Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B), Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2020-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2020-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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 2 contracts

Samples: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A), Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2009-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2009-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2009-A)

AutoNDA by SimpleDocs

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2011-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2011-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2011-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2012-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2012-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2012-A)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]-[ ] Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]-[ ] Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or Supplement, any other Basic Document or Transaction 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: Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2013-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2013-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]-[ ] Reference Pool pursuant to Section 14.1 8.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]-[ ] Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplementSupplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni Auto Leasing LLC)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2015-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2015-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]-[ ] Reference Pool pursuant to to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]-[ ] Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni LT)

No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 20[ ]2014-[ ] A Reference Pool pursuant to Section 14.1 hereof, or upon any appointment of a successor Servicer with respect to the 20[ ]2014-[ ] A Reference Pool, all the rights, powers, duties and obligations of the Titling Trustees, the Initial Beneficiary and World Omni under the Titling Trust Agreement, the Closed-End Servicing Agreement, the Exchange Note Supplement, any other supplement, any other Exchange Note Servicing Supplement or any other Basic 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: Closed End Servicing Agreement (World Omni LT)

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