Protection of Rights. The Servicer will take no action that would impair in any material respect the rights of any of the Collateral Agent or the Trustee in the Pledged Loans or any other Collateral, or violate the Collateral Agency Agreement.
Appears in 12 contracts
Samples: Indenture and Servicing Agreement (Cendant Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp)
Protection of Rights. The Servicer will take no action that would impair in any material respect the rights of any of the Collateral Agent or the Trustee in the Pledged Loans or any other the Collateral, or violate the Collateral Agency Agreement.
Appears in 6 contracts
Samples: Amended and Restated Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Travel & Leisure Co.), Amended and Restated Indenture and Servicing Agreement (Wyndham Destinations, Inc.)
Protection of Rights. The Servicer will shall take no action that which would impair in any material respect the rights of any of the Collateral Agent or the Trustee Lender in the Pledged Loans or any other Collateral, or violate the Collateral Agency AgreementAssets.
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Equivest Finance Inc)
