Common use of Obligation to Dealers or Others Clause in Contracts

Obligation to Dealers or Others. The Transferor and its assignees will assume no obligation to Dealers or other originators or holders of the Subsequent Receivables (including, but not limited to under dealer reserves) as a result of its purchase of the Subsequent Receivables.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II), Sale and Servicing Agreement (Long Beach Acceptance Corp), Sale and Servicing Agreement (Long Beach Acceptance Corp. Auto Receivables Trust 2006-A)

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Obligation to Dealers or Others. The Transferor and its assignees will assume no obligation to Dealers or other originators or holders of the Subsequent Receivables (including, but not limited to under dealer reserves) as a result of its purchase of the Subsequent Receivables.

Appears in 2 contracts

Samples: Purchase Agreement (Triad Financial Corp), Purchase Agreement (Long Beach Acceptance Corp)

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