No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 402 contracts
Samples: Issuer Administration Agreement (BMW Vehicle Lease Trust 2024-2), Issuer Administration Agreement (BMW Vehicle Lease Trust 2024-2), Issuer Administration Agreement (BMW Vehicle Lease Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 276 contracts
Samples: Administration Agreement (Carmax Auto Funding LLC), Administration Agreement (CarMax Auto Owner Trust 2024-4), Administration Agreement (Carmax Auto Funding LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 233 contracts
Samples: Administration Agreement (Nissan Auto Receivables 2024-B Owner Trust), Administration Agreement (Nissan Auto Receivables 2024-B Owner Trust), Administration Agreement (Toyota Auto Receivables 2024-D Owner Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 175 contracts
Samples: Administration Agreement (Ally Auto Receivables Trust 2024-2), Administration Agreement (Ally Auto Receivables Trust 2024-2), Administration Agreement (Ally Auto Receivables Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Administrator, the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator, the Issuer or the Owner Trustee or (iii) shall be deemed to confer on any of them the Administrator, the Issuer or the Owner Trustee any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 141 contracts
Samples: Administration Agreement (Santander Drive Auto Receivables Trust 2024-5), Administration Agreement (Drive Auto Receivables Trust 2024-2), Administration Agreement (Drive Auto Receivables Trust 2024-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator or the Issuer or (iii) shall be deemed to confer on any of them the Administrator or the Issuer any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 122 contracts
Samples: Administration Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Administration Agreement (Capital One Prime Auto Receivables Trust 2024-1), Administration Agreement (Porsche Auto Funding LLC)
No Joint Venture. Nothing contained in this Administration Agreement (ia) shall constitute the Administrator and either of the Issuer as partners or the Owner Trustee as co-members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any either of them or (iiic) shall be deemed to confer on any either of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 121 contracts
Samples: Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Servicer and either any of the Issuer Issuer, the Trustee, the Trust Collateral Agent or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 114 contracts
Samples: Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 99 contracts
Samples: Servicing Agreement, Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 98 contracts
Samples: Administration Agreement (CNH Equipment Trust 2024-C), Administration Agreement (CNH Equipment Trust 2024-C), Administration Agreement (CNH Equipment Trust 2024-B)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuing Entity, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 95 contracts
Samples: Administration Agreement (World Omni Auto Receivables Trust 2024-A), Administration Agreement (World Omni Auto Receivables Trust 2024-A), Administration Agreement (World Omni Auto Receivables Trust 2023-D)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 80 contracts
Samples: Administration Agreement (Navient Student Loan Trust 2014-1), Administration Agreement (SLM Student Loan Trust 2014-2), Administration Agreement (SLM Student Loan Trust 2014-1)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them them, or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 64 contracts
Samples: Administration Agreement (GM Financial Automobile Leasing Trust 2024-3), Administration Agreement (GM Financial Automobile Leasing Trust 2024-3), Administration Agreement (GM Financial Automobile Leasing Trust 2024-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrative Agent and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 56 contracts
Samples: Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Lease Trust 2021-A), Trust Administration Agreement (Nissan Auto Lease Trust 2021-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 52 contracts
Samples: Administration Agreement (Hercules Capital, Inc.), Administration Agreement (Horizon Technology Finance Corp), Administration Agreement (Hercules Capital, Inc.)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 48 contracts
Samples: Administration Agreement (Daimler Trucks Retail Trust 2024-1), Administration Agreement (Daimler Trucks Retail Trust 2024-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 40 contracts
Samples: Administration Agreement (Vw Credit Leasing LTD), Administration Agreement (Volkswagen Auto Lease Trust 2015-A), Administration Agreement (Volkswagen Auto Lease Trust 2015-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either Servicer nor any of the Issuer Issuer, the Holding Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 39 contracts
Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-4)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 36 contracts
Samples: Administration Agreement (SLC Student Loan Trust 2010-1), Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (Superior Wholesale Inventory Financing Trust X)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Issuing Entity as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 36 contracts
Samples: Administration Agreement (World Omni LT), Administration Agreement (World Omni LT), Administration Agreement (World Omni LT)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 35 contracts
Samples: Transfer and Servicing Agreement (TBALT Corp.), Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (HomeBanc Mortgage Trust 2006-2)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 32 contracts
Samples: Administration Agreement (GE TF Trust), Administration Agreement (GE TF Trust), Administration Agreement (GE Equipment Midticket LLC, Series 2012-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Trust Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 30 contracts
Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Aames Mortgage Investment Trust 2006-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either any of the Issuer Issuer, the Trustee, the Trust Collateral Agent or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 29 contracts
Samples: Sale and Servicing Agreement (AFS SenSub Corp.), Sale and Servicing Agreement (AFS SenSub Corp.), Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2015-4)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuing Entity, the Grantor Trust, the Grantor Trust Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 28 contracts
Samples: Administration Agreement (Carvana Auto Receivables Trust 2024-P2), Administration Agreement (Carvana Auto Receivables Trust 2024-P2), Administration Agreement (Carvana Auto Receivables Trust 2024-P4)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 27 contracts
Samples: Administration Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Administration Agreement (Greenpoint Mortgage Funding Trust 2006-He1), Administration Agreement (Structured Asset Securities Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 23 contracts
Samples: Administration Agreement (Harley-Davidson Motorcycle Trust 2024-B), Administration Agreement (Harley-Davidson Motorcycle Trust 2024-B), Administration Agreement (Harley-Davidson Motorcycle Trust 2024-A)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 21 contracts
Samples: Administration Agreement (CNH Capital Receivables Inc), Administration Agreement (CNH Capital Receivables Inc), Administration Agreement (CNH Equipment Trust 2005-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 16 contracts
Samples: Administration Agreement, Administration Agreement (SLM Private Credit Student Loan Trust 2005-A), Administration Agreement (SLM Private Credit Student Loan Trust 2006-C)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 15 contracts
Samples: Administration Agreement (Bank One Auto Securitization LLC), Administration Agreement (Bank One Auto Securitization Trust 2003-1), Administration Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 15 contracts
Samples: Transfer and Servicing Agreement (Jpmorgan Chase Bank, National Association), Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement (Chase Issuance Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall will constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall will be construed to impose any liability as such on any of them or (iii) shall will be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, either Trustee or the Owner Trustee both Trustees as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 11 contracts
Samples: Administration Agreement (California Republic Funding LLC), Administration Agreement (California Republic Auto Receivables Trust 2018-1), Administration Agreement (California Republic Auto Receivables Trust 2018-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Servicer, respectively, and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 10 contracts
Samples: Administration Agreement (Painewebber Mort Accept Corp Iv Ditech Home Loan Ownr 1998-1), Administration Agreement (Ditech Funding Corp Home Loan Owner Trust 1997-1), Administration Agreement (Painewebber Mortgage Acceptance Corporation Iv)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (Wells Fargo Student Loans Receivables I LLC), Administration Agreement (SMS Student Loan Trust 2000-B), Administration Agreement (Usa Group Secondary Market Services Inc)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (PSNH Funding LLC 3), Administration Agreement (PSNH Funding LLC 3), Administration Agreement
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator Administrative Agent and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Trust Administration Agreement (Nissan-Infiniti Lt LLC), Trust Administration Agreement (Nissan Auto Lease Trust 2024-B), Trust Administration Agreement (Nissan Auto Lease Trust 2024-B)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (California Republic Auto Receivables Trust 2015-2), Administration Agreement (California Republic Auto Receivables Trust 2015-1), Administration Agreement (California Republic Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business business, or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied implied, or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or Issuer, the Owner Trustee or any Owner as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement, Administration Agreement, Administration Agreement (National Collegiate Student Loan Trust 2006-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator or the Depositor, respectively, and either of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement (Bear Stearns Asset Backed Securities I LLC), Administration Agreement (SACO I Trust 2006-8), Administration Agreement (Bear Stearns ARM Trust 2007-2)
No Joint Venture. Nothing contained in this Agreement (i) ---------------- shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (TFC Enterprises Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall will constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall will be construed to impose any liability as such on any of them or (iii) shall will be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Owner Trust 2005-C), Administration Agreement (Ford Credit Auto Owner Trust 2004-A)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Valuation Agent and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 7 contracts
Samples: Loan Agreement, Valuation Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2), Valuation Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (First National Funding LLC), Administration Agreement (First National Funding LLC), Administration Agreement (First National Master Note Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Issuer, the Collateral Administrator and either of the Issuer or the Owner Trustee as Collateral Manager members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Collateral Administration Agreement (BC Partners Lending Corp), Collateral Administration Agreement (Barings BDC, Inc.), Collateral Administration Agreement (CION Investment Corp)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Collateral Administrator and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 7 contracts
Samples: Loan Agreement, Collateral Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2), Collateral Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Trust as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (Synchrony Card Issuance Trust), Administration Agreement (Synchrony Financial), Administration Agreement (CDF Funding, Inc.)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrative Agent and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Lease Trust 2003-A)
No Joint Venture. Nothing With respect to the Administrator and the Issuer, nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 6 contracts
Samples: Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Sale and Servicing Agreement (UPFC Auto Receivables Trust 2006-A), Sale and Servicing Agreement (UPFC Auto Receivables Corp.), Sale and Servicing Agreement (UPFC Auto Receivables Trust 2006-B)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrator, on the one hand, and either of the Issuer Issuing Entity or the Owner Trustee Trustee, on the other hand, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Administration Agreement (World Omni Auto Receivables Trust 2024-C), Administration Agreement (World Omni Auto Receivables Trust 2024-C), Administration Agreement (World Omni Select Auto Trust 2024-A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.deemed
Appears in 6 contracts
Samples: Administration Agreement (Nissan Auto Receivables Corp /De), Administration Agreement (Nissan Auto Receivables 2001-a Owner Trust), Administration Agreement (Nissan Auto Receivables 2001-B Owner Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer or and the Owner Trustee Collateral Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Collateral Administration Agreement, Collateral Administration Agreement (FS Investment Corp II), Collateral Administration Agreement (FS Investment CORP)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator Administrator, and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator, the Trust or the Owner Trustee, or (iii) shall be deemed to confer on any of them the Administrator, the Trust or the Owner Trustee any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (First Horizon Asset Sec HELOC Notes Ser 2006-He1), Administration Agreement (First Horizon Asset Securities Inc), Administration Agreement (First Horizon Asset Securities Inc)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Bond Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement, Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Owner Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables Trust 2001-B), Administration Agreement (Capital One Auto Finance Trust 2002-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Custodian, the Issuer Administrative Agent, the Manager or the Owner Trustee Borrower, respectively, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Custodial Agreement, Custodial Agreement (FS Global Credit Opportunities Fund-D), Custodial Agreement (American Capital, LTD)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Issuer, the Eligible Lender Trustee, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Collegiate Funding Services Education Loan Trust 2003-A), Administration Agreement (Collegiate Funding Student Ln Asst Back NTS Ser 2003-B), Administration Agreement (Collegiate Funding Services Education Loan Trust 2005-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer confirm on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Conseco Finance Securitizations Corp), Administration Agreement (Green Tree Financial Corp), Administration Agreement (Conseco Finance Securitizations Corp)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Custodian and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 5 contracts
Samples: Loan Agreement, Custodial Agreement (Nuveen Mortgage Opportunity Term Fund 2), Custodial Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuer, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Cit Equipment Collateral 2002-Vt1), Administration Agreement (Cit Equipment Collateral 2003-Vt1), Administration Agreement (NCT Funding Co LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall ---------------- constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (First Consumers Master Trust), Administration Agreement (Spiegel Master Trust), Administration Agreement (First Consumers Master Trust)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Ally Wholesale Enterprises LLC), Administration Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1), Administration Agreement (Wholesale Auto Receivables Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Barnett Auto Receivables Corp), Pooling and Servicing Agreement (Mellon Auto Grantor Trust 1999-1), Pooling and Servicing Agreement (Mellon Auto Receivables Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the either Administrator and either of the Issuer or Trust, the Owner Trustee or the Depositor as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Indenture (Delta Financial Corp), Administration Agreement (Delta Financial Corp), Administration Agreement (Delta Financial Corp)
No Joint Venture. Nothing contained in this Agreement ---------------- (i) shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Sale and Servicing Agreement (Americredit Financial Services Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.,
Appears in 4 contracts
Samples: Administration Agreement (WFS Financial Auto Loans Inc), Administration Agreement (WFS Financial Auto Loans Inc), Administration Agreement (WFS Financial Auto Loans Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer Collateral Manager or the Owner Trustee Issuer, respectively, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Collateral Administration Agreement (Silver Point Specialty Lending Fund), Collateral Administration Agreement (Silver Point Specialty Lending Fund), Collateral Administration Agreement (JMP Group LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Securities Administrator, the Master Servicer, any Servicer, the Seller or the Depositor, respectively, and either any of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any joint liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Pooling Agreement (Luminent Mortgage Trust 2007-1), Pooling Agreement (Luminent Mortgage Trust 2007-2), Pooling Agreement (Luminent Mortgage Trust 2006-6)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of or the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (Zipcar Inc), Administration Agreement (Zipcar Inc), Administration Agreement (Hertz Global Holdings Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Company, the Collateral Administrator and either of the Issuer or the Owner Trustee as Collateral Manager members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp)
No Joint Venture. Nothing contained in this Agreement Agreement: (ia) shall constitute the Issuer Administrator and either any of the Issuer Issuer, the Eligible Lender Trustee, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, ; (iib) shall be construed to impose any liability as such on any of them them; or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (Consolidation Loan Funding Ii, LLC), Administration Agreement (Goal Capital Funding, LLC), Administration Agreement (Consolidation Loan Funding Ii, LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either any of the Issuer Issuer, the Eligible Lender Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (Navient Student Loan Trust 2015-3), Administration Agreement (Navient Student Loan Trust 2015-2), Administration Agreement (Navient Student Loan Trust 2015-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the [Owner Trustee Trustee] as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (BLG Securities Company, LLC), Administration Agreement (HMB Acceptance Corp.), Administration Agreement (Bayview Financial Securities Co LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Clearing Agent and either of the Issuer or the Owner Trustee Introducing Firm as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Fully Disclosed Clearing Agreement (Cowen Group, Inc.), Fully Disclosed Clearing Agreement (Cowen Group, Inc.), Fully Disclosed Clearing Agreement (Cowen Group, Inc.)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Group II Administrator and either of or the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 3 contracts
Samples: Group Ii Administration Agreement (Hertz Global Holdings Inc), Group Ii Administration Agreement (Hertz Global Holdings Inc), Group Ii Administration Agreement (Hertz Global Holdings Inc)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Collateral Agent as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Agent Administration Agreement (GE TF Trust), Administration Agreement (Cef Equipment Holding LLC), Collateral Agent Administration Agreement (GECB Equipment Funding, LLC)
No Joint Venture. Nothing contained in this Agreement shall ----------------
(ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Underwriting Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Master Servicer, respectively, and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Bear Stearns Asset Backed Securities Inc), Administration Agreement (Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2), Administration Agreement (Bear Stearns Asset Backed Securities Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or Issuer, the Grantor Trustee, the Owner Trustee or any Owner as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (National Collegiate Student Loan Trust 2005-2), Administration Agreement (National Collegiate Student Loan Trust 2004-2), Administration Agreement (National Collegiate Student Loan Trust 2005-1)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Borrower, the Collateral Administrator and either of the Issuer or the Owner Trustee Collateral Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (Oxford Square Capital Corp.), Collateral Administration Agreement (TICC Capital Corp.), Collateral Administration Agreement (Business Development Corp of America)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuing Entity, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Huntington Auto Trust 2012-2), Administration Agreement (Huntington Funding, LLC), Administration Agreement (Huntington Auto Trust 2012-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer or the Back-up Servicer and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Issuer Administrator and either of the Issuer Issuer, the Eligible Lender Trustee, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (College Loan Corp Trust 2005-2), Administration Agreement (College Loan Corp Trust II), Administration Agreement (College Loan LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrative Agent, the Issuer, the Servicer and either of the Issuer or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Willis Lease Finance Corp), Administration Agreement (Willis Lease Finance Corp), Administration Agreement (Willis Lease Finance Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1), Administration Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Sl2), Administration Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-Sl1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute constitutes the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall is to be construed to impose any liability as such on any of them or (iii) shall is to be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Ford Credit Floorplan LLC), Administration Agreement (Ford Credit Auto Receivables LLC), Administration Agreement (Ford Credit Floorplan LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer or and the Owner Trustee Investment Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (FS Investment Corp III), Collateral Administration Agreement (FS Investment Corp II), Collateral Administration Agreement (FS Energy & Power Fund)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-2), Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-3), Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or the Owner Trustee SPV as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Greyhound Funding LLC), Administration Agreement (Fah Co Inc), Administration Agreement (Greyhound Funding LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute be deemed to make the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any either of them or (iiic) shall be deemed to confer on any either of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother outside the terms of this Administration Agreement.
Appears in 3 contracts
Samples: Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (Jcp&l Transition Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (PHH Mortgage Trust, Series 2008-Cim1), Administration Agreement (PHH Mortgage Trust, Series 2008-Cim2), Administration Agreement (Structured Asset Mortgage Investments Ii Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (KeyCorp Student Loan Trust 2005-A), Administration Agreement (KeyCorp Student Loan Trust 2006-A), Administration Agreement (Key Consumer Receivables LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee or the Seller as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Household Consumer Loan Trust 1997-2), Administration Agreement (Household Consumer Loan Trust 1997-1), Administration Agreement (Household Consumer Loan Trust 1997-1)
No Joint Venture. Nothing contained in this Agreement (i) shall ---------------- constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed con strued to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Administration Agreement (First Security Bank Na), Administration Agreement (Navistar Financial Retail Receivables Corporation)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer Issuer, Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Administration Agreement (First Investors Financial Services Group Inc), Administration Agreement (First Investors Financial Services Group Inc)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator Manager and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Management Agreement (Provident Lease Receivables Corp), Management Agreement (Provident Lease Receivables Corp)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Group I Administrator and either of or the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 2 contracts
Samples: Group Administration Agreement (Hertz Corp), Group I Administration Agreement (Hertz Global Holdings Inc)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Administration Agreement (Hrsi Funding Inc Ii), Administration Agreement (Household Consumer Loan Corp Ii)
