No Joint Venture. Nothing contained in this Agreement (i) shall constitute the 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 150 contracts
Samples: Sale and Servicing Agreement (Efcar, LLC), Sale and Servicing Agreement (Efcar, LLC), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer Owner Trust 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 40 contracts
Samples: Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2024-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2024-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2023-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer 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 15 contracts
Samples: Administration Agreement (Signet Student Loan Trusts), Master Administration Agreement (SLM Funding Corp), Administration Agreement (Keycorp Student Loan Trust 2000-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer and either of the Issuer or the Owner Trustee Purchaser 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: Sale and Servicing Agreement (Silverleaf Resorts Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Servicer Administrator and either of the Note 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 (BEC Funding II, LLC), Administration Agreement (CEC Funding, LLC), Administration Agreement (BEC Funding II, LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute be deemed to confer on the Servicer and either of the Issuer or the Owner Trustee as members of membership in 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 (Franklin Auto Trust 2004-2), Sale and Servicing Agreement (Franklin Auto Trust 2008-A), Sale and Servicing Agreement (Franklin Auto Trust 2007-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer Administrator and either 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 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 (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1997-S2), Administration Agreement (National Collegiate Trust 1996-S2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Master 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 (Avco Abs Receivables Corp), Master Servicing Agreement (Structured Asset Mortgage Investments Inc), Master Servicing Agreement (Structured Asset Mortgage Investments Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Master 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: Master Servicing Agreement (Student Loan Funding LLC), Transfer and Sale Agreement (Student Loan Funding LLC), Master Servicing Agreement (Student Loan Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer and either any of the Issuer Issuer, the Depositor, the Transferor 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: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Painewebber Asset Acceptance Corp), Sale and Servicing Agreement (Ml Asset Backed Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer Administrator and either any of the Issuer, the Issuer Loan 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 (OneMain Financial Holdings, Inc.), Administration Agreement (OneMain Financial Holdings, Inc.), Administration Agreement (OneMain Financial Holdings, Inc.)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer 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, (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 and express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Americredit Corp)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Servicer 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) entity or shall be construed to impose any liability as such on any of them thereby or (iiib) 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; other than as expressly contemplated hereby.
Appears in 2 contracts
Samples: Administration Agreement (Structured Products Corp), Administration Agreement (Structured Products Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer 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 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 (National Collegiate Student Loan Trust 2004-1), Administration Agreement (National Collegiate Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer and either of the Issuer or the Owner Trustee Purchaser 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, except as expressly provided in this Agreement and the other Basic Documents.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Servicer 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.
Appears in 2 contracts
Samples: Administration Agreement (Detroit Edison Securitization Funding LLC), Administration Agreement (Detroit Edison Securitization Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer, the Back-up Servicer or the Standby 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 2 contracts
Samples: Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Securitization Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the 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 70 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 1 contract
Samples: Sale and Servicing Agreement (Long Beach Holdings Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the 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 1 contract
Samples: Sales and Servicing Agreement (Prudential Securities Secured Financing Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Servicer and either of the Issuer or the Owner Trustee Custodian 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. [Signature pages follow.]
Appears in 1 contract
No Joint Venture. Nothing contained in this Agreement Agreement, with respect to the Administrative Agent, the Trust or the Trustee (i) shall constitute the Servicer and either confer on any of the Issuer or the Owner Trustee them status 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 1 contract
