Common use of Noninterference, etc Clause in Contracts

Noninterference, etc. No Obligor shall (i) waive or alter any of its rights under any portion of any Series Trust Estate (or any agreement or instrument relating thereto) without the prior written consent of the Series Controlling Party; or (ii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Series Related Documents.

Appears in 5 contracts

Samples: Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc), Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc), Master Facility Agreement (Advanta Leasing Receivables Corp Ix)

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Noninterference, etc. No Obligor shall (i) waive or alter any of its rights under any portion of any Series Trust Estate (or any agreement or instrument relating thereto) without the prior written consent of the Series Controlling Party, which shall be given as provided in the related Series Supplement; or (ii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Series Related Documents.

Appears in 1 contract

Samples: Master Facility Agreement (Advanta Business Services Corp)

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