Common use of Obligations with Respect to the Swap Counterparty Clause in Contracts

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 12 contracts

Samples: Administration Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Carmax Auto Funding LLC

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Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes and the Class A-3b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 2 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2007-3), Administration Agreement (CarMax Auto Owner Trust 2007-3)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes, the Class A-3b Notes and the Class A-4b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 2 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2008-2), Administration Agreement (CarMax Auto Owner Trust 2008-2)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes, the Class A-3b Notes and indefeasible the Class A-4b Notes and payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 2 contracts

Samples: Trust Agreement (Wachovia Auto Owner Trust 2008-A), Indenture (Wachovia Auto Owner Trust 2008-A)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b A-2 Notes and the Class A-4b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 2 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2008-1), Administration Agreement (CarMax Auto Owner Trust 2008-1)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b A-3b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 2 contracts

Samples: Indenture (Wachovia Auto Loan Owner Trust 2007-1), Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under pursuant to the Swap Agreement.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2008-1)

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Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes, the Class A-3b Notes and indefeasible the Class A-4b Notes and payment of all amounts owed to the Swap Counterparty under pursuant to the Swap Agreement.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2008-A)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b A-3b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under pursuant to the Swap Agreement.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2007-1)

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 1 contract

Samples: Wachovia Auto Loan Owner Trust 2008-1

Obligations with Respect to the Swap Counterparty. [Any obligations or duties owed to, or rights of, the Swap Counterparty hereunder, including the right of the Swap Counterparty to consent to, or receive notice of, any actions hereunder shall terminate upon payment in full of the Class A-2b Notes and indefeasible payment of all amounts owed to the Swap Counterparty under the Swap Agreement.]

Appears in 1 contract

Samples: Trust Agreement (Wachovia Auto Loan Owner Trust 2008-1)

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