Purchase Constitutes Sole Remedy for Breach. The sole remedy of the Collateral Agent, the 201[__]-[__] Exchange Noteholder, the Indenture Trustee and the Holders of the 201[__]-[__] ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).
Purchase Constitutes Sole Remedy for Breach. Except as provided in Section 3.3, the sole remedy of the Collateral Agent, the 20_-__ Exchange Noteholder, the Indenture Trustee, the holders of the Notes and any Purchaser Agent with respect to a breach of the representations and warranties contained in Section 3.3 is as set forth in Section 3.5(a).
Purchase Constitutes Sole Remedy for Breach. The sole remedy of the Collateral Agent, the 2016-B Exchange Noteholder, the Indenture Trustee and the Holders of the 2016-B ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv). (c) Reallocation of Purchased 2016-B Leases and 2016-B Vehicles. Upon the deposit of the Repurchase Payment for any 2016-B Lease and 2016-B Vehicle pursuant to Section 3.05(a), such 2016-B Lease and 2016-B Vehicle will be reallocated to the Revolving Facility Pool at the direction of the Servicer and will no longer be included in the 2016-B Reference Pool. Section 3.06.
