Common use of Purchase is Sole Remedy Clause in Contracts

Purchase is Sole Remedy. The sole remedy of the Issuer, the Indenture Trustee, the Owner Trustee and the Secured Parties for any extension or modification of a Receivable under Section 3.2(b) or a breach of a covenant made by the Servicer in Section 3.2(c) or (d) is the Servicer’s purchase of the Receivable under this Section 3.3.

Purchase is Sole Remedy. The sole remedy of the Issuer, the Indenture Trustee, the Owner Trustee and the Secured Parties for any extension or modification of a Receivable under Section 3.2(b) or a breach of a covenant made by the Servicer in Section 3.2(c) or (d) is the Servicer’s 's purchase of the Receivable under this Section 3.3.

Purchase is Sole Remedy. The sole remedy of the Issuer, the Indenture Trustee, the Owner Trustee and the Secured Parties for any extension or modification of a Receivable under Section 3.2(b) or a breach of a covenant the covenants made by the Servicer in Section 3.2(c) or (d) is the Servicer’s purchase of the Receivable under this Section 3.3.