Common use of Obligations Not Assumed Clause in Contracts

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding Agent, the Administrative Agent or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and the applicable Originator.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Agent Managing Agents or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and and/or the applicable OriginatorOriginators, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Class Agent or any Investor, of any obligation of the SPV, any the Seller, the Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV SPV, the Seller and the applicable Originator, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Agent Managing Agents or any Investor, of any obligation of the SPV, any Originator, the Servicer, Colliers or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and SPV, the applicable OriginatorServicer, Colliers and/or the Originators, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Agent 31 Managing Agents or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and and/or the applicable OriginatorOriginators, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and ----------------------- transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding Agent, the Administrative Agent or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and the applicable Originator.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Administrative Agent, the Administrative any Managing Agent or any Investor, of any obligation of the SPV, any the Originator, NSC or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV SPV, NSC and the applicable Originator.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Agent Managing Agents or any Investor, of any obligation of the SPV, any Originator, any Originating Subsidiary, the Servicer, Colliers or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and SPV, the applicable OriginatorServicer, Colliers, the Originating Subsidiaries and/or the Originators, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative any Class Agent or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and the applicable OriginatorOriginators.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding the Agent, the Administrative Agent Administrator or any Investor, of any obligation of the SPV, any the Originator, or any other Person under or in connection with the Pool Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and the applicable Originator.