Common use of No Obligation to Investigate Clause in Contracts

No Obligation to Investigate. None of the Servicer, the Issuer, the Owner Trustee, the Indenture Trustee, the Sponsor, the Depositor or the Administrator will be obligated to investigate whether a breach or other event has occurred that would require the purchase of any Receivable under this Section 3.3 or whether any Receivables is required to be purchased under this Section 3.3.

Appears in 55 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)

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No Obligation to Investigate. None of the Servicer, the Issuer, the Owner Trustee, the Indenture TrusteeTrustee (including in its capacity as Successor Servicer hereunder), the Sponsor, the Depositor Marketing Agent, the Depositor, the Parent Support Provider, the Administrator or the Administrator Servicer will be obligated to investigate whether a breach or other event has occurred that would require the purchase acquisition of any Receivable under this Section 3.3 or whether any Receivables is are otherwise required to be purchased acquired under this Section 3.3.

Appears in 24 contracts

Samples: Omnibus Amendment (Verizon Owner Trust 2020-A), Omnibus Amendment (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)

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