No Suspension of Payments. Notwithstanding Section 2(a)(iii) of this Agreement or Paragraph 4(a) of the Credit Support Annex, if applicable, Party A shall not suspend any payments due under a Transaction or the transfer of Eligible Credit Support under the Credit Support Annex, if applicable, unless the Insurer is in default in respect of any payment obligation under the Swap Policy.
Appears in 6 contracts
Samples: Master Agreement (Capital One Auto Receivables LLC), Master Agreement (Capital One Auto Finance Trust 2007-C), Master Agreement (Capital One Auto Receivables LLC)
No Suspension of Payments. Notwithstanding Section 2(a)(iii) of this Agreement or Paragraph 4(a) of the Credit Support Annex, if applicable, Party A shall not suspend any payments due under a Transaction or the transfer of Eligible Credit Support under the Credit Support Annex, if applicable, unless the Insurer is in default in respect of any payment obligation under the Swap Policy.
Appears in 1 contract
Samples: Master Agreement (Capital One Prime Auto Receivables Trust 2007-1)
