Common use of Obligations; No Impairment Clause in Contracts

Obligations; No Impairment. The Seller has duly fulfilled all obligations on its part to be fulfilled under, or in connection with, the Receivable and has done nothing to impair the rights of the Trust, the Class A Certificateholders or the Class B Certificateholders in the Receivable or the proceeds thereof.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (First Security Bank Na), Pooling and Servicing Agreement (First Security Bank Na), Pooling and Servicing Agreement (First Security Corp /Ut/)

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Obligations; No Impairment. The Seller has duly fulfilled all obligations on its part to be fulfilled under, or in connection with, the Receivable and has done nothing to impair the rights of the TrustIssuer, the Class A Certificateholders Noteholders or the Class B Certificateholders in the Receivable or the proceeds thereof.

Appears in 1 contract

Samples: Sale and Servicing (Nationsfinancial Funding Corp)

Obligations; No Impairment. The Seller has duly -------------------------- fulfilled all obligations on its part to be fulfilled under, or in connection with, the Receivable and has done nothing to impair the rights of the Trust, the Class A Certificateholders Trust or the Class B Certificateholders Securityholders in the Receivable or the proceeds thereof.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Security Bank Na)

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Obligations; No Impairment. The Seller has duly fulfilled all obligations on its part to be fulfilled under, or in connection with, the Receivable and has done nothing to impair the rights of the Trust, the Class A Certificateholders Trust or the Class B Certificateholders Securityholders in the Receivable or the proceeds thereof.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Security Bank Na)

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