No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 1997-A SUBI Sub-Trust from time to time pursuant to Section 6.01 hereof, or upon any appointment of a successor to the Servicer with respect to the 1997-A SUBI Sub-Trust, all the rights, powers, duties and obligations of the Titling Trustee, the UTI Beneficiary and the Transferor under this 1997-A SUBI Servicing Supplement, the 1997-A Securitization Trust Agreement, the 1997-A SUBI Supplement, or any other 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 2 contracts
Samples: Trust and Servicing Agreement (Toyota Lease Trust), Trust and Servicing Agreement (Toyota Auto Lease Trust 1997-A)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 19971998-A C SUBI Sub-Trust from time to time pursuant to Section 6.01 hereof, or upon any appointment of a successor to the Servicer with respect to the 19971998-A C SUBI Sub-Trust, all the rights, powers, duties and obligations of the Titling Trustee, the UTI Beneficiary and the Transferor under this 19971998-A C SUBI Servicing Supplement, the 19971998-A C Securitization Trust Agreement, the 19971998-A C SUBI Supplement, or any other 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 2 contracts
Samples: Trust and Servicing Agreement (Toyota Auto Lease Trust 1998 C), Trust and Servicing Agreement (Toyota Lease Trust)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 19971998-A B SUBI Sub-Trust from time to time pursuant to Section 6.01 hereof, or upon any appointment of a successor to the Servicer with respect to the 19971998-A B SUBI Sub-Trust, all the rights, powers, duties and obligations of the Titling Trustee, the UTI Beneficiary and the Transferor under this 19971998-A B SUBI Servicing Supplement, the 19971998-A B Securitization Trust Agreement, the 19971998-A B SUBI Supplement, or any other 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
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 19971998-A B SUBI Sub-Trust from time to time pursuant to Section 6.01 hereof, or upon any appointment of a successor to the Servicer with respect to the 19971998-A B SUBI Sub-Trust, all the rights, powers, duties and obligations of the Titling Trustee, the UTI Beneficiary and the Transferor under this 19971998-A B SUBI Servicing Supplement, the 19971998-A B Securitization Trust Agreement, the 19971998-A B SUBI Supplement, or any other 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.. ARTICLE VII
Appears in 1 contract
Samples: Trust and Servicing Agreement (Toyota Auto Lease Trust 1998-B)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer with respect to the 1997-A SUBI Sub-Trust from time to time pursuant to Section 6.01 hereof, or upon any appointment of a successor to the Servicer with respect to the 1997-A SUBI Sub-Trust, all the rights, powers, duties and obligations of the Titling Trustee, the UTI Beneficiary and the Transferor TLI, Inc. under this 1997-A SUBI Servicing Supplement, the 1997-A Securitization Trust Agreement, the 1997-A SUBI Supplement, or any other 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: Trust and Servicing Agreement (Toyota Auto Lease Trust 1997-A)