Common use of No Effect on Other Parties Clause in Contracts

No Effect on Other Parties. (a) Upon any termination of the rights and powers of the Servicer pursuant to Section 6.01, or upon any appointment of a successor to such Servicer, all the rights, powers, duties and obligations of Trendwest under this Agreement, the Indenture and the Receivables Purchase Agreement, other than Trendwest's rights, powers, duties and obligations as Servicer therein, shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter.

Appears in 3 contracts

Samples: Servicing Agreement (Trendwest Resorts Inc), Servicing Agreement (Trendwest Resorts Inc), Servicing Agreement (Trendwest Resorts Inc)

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No Effect on Other Parties. (a) Upon any termination of the rights and powers of the Servicer pursuant to Section 6.01, or upon any appointment of a successor to such Servicer, all the rights, powers, duties and obligations of Trendwest under this Agreement, the Indenture and Indenture, the Receivables Purchase Agreement and the Sale Agreement, other than Trendwest's rights, powers, duties and obligations as Servicer therein, shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter.

Appears in 2 contracts

Samples: Servicing Agreement (Trendwest Resorts Inc), Servicing Agreement (Trendwest Resorts Inc)

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No Effect on Other Parties. (a) Upon any termination of the rights and powers of the Servicer for any Series pursuant to Section 6.01, or upon any appointment of a successor to such Servicer, all the rights, powers, duties and obligations of Trendwest under this Agreement, the Indenture and Indenture, each Series Supplement, the Receivables Purchase Agreement and the Sale Agreement, other than Trendwest's rights, powers, duties and obligations as Servicer for such Series therein, shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter.

Appears in 1 contract

Samples: Servicing Agreement (Trendwest Resorts Inc)

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