Common use of Release by BMO Clause in Contracts

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the Flagstar Warehouse Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans Loans, the 2012-2 Loans, the 2012-1 Loans, or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans, the 2012-2 Loans, the 2012-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 20132010-2 1 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(if)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 2013-2 Loans, the 20132010-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans Loans, the 2012-2 Loans, the 2012-1 Loans, or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(ij)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans, the 2012-2 Loans, the 2012-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 20152013-1 Loans, the 2012-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 20132010-2 1 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(ih)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 20152013-1 Loans, the 2012-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 2013-2 Loans, the 20132010-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans Loans, the 2012-2 Loans, the 2012-1 Loans, the 2011-1 Loans, or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans, the 2012-2 Loans, the 2012-1 Loans, the 2011-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 20152012-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 20132010-2 1 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(ig)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 20152012-2 Loans, the 20152012-1 Loans, the 2014-2 Loans, the 20142011-1 Loans, the 2013-2 Loans, the 20132010-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152011-1 Loans, the 2014-2 Loans, the 20142010-1 Loans, the 20132009-2 1 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(if)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152011-1 Loans, the 2014-2 Loans, the 20142010-1 Loans, the 2013-2 Loans, the 20132009-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans Loans, the 2012-2 Loans, the 2012-1 Loans, the 2011-1 Loans, or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(ih)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇W▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 2015-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 2013-1 Loans, the 2012-2 Loans, the 2012-1 Loans, the 2011-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.

Release by BMO. BMO, as the collateral agent, (i) releases any and all rights in and to any Collections with respect to the Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152010-1 Loans, the 2014-2 Loans, the 20142009-1 Loans, the 2013-2 Loans, the 2013-1 Loans or in any Back-end Dealer Payments; provided, that no release shall have been granted with respect to amounts collected under any Pools or Purchased Loans which are Back-end Dealer Payments that have been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the BMO Warehouse Loans and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, any successor servicer or Warehouse Funding IV to use Collections on its behalf contrary to clause (i)(ie)(i). BMO, as collateral agent, agrees that the lien and security interest granted to it pursuant to the BMO Warehouse Securitization Documents does not and shall not attach to the any Comerica Loans, the ▇▇▇▇▇ Fargo Warehouse Loans, the Fifth Third Loans, the 2015-2 Loans, the 20152010-1 Loans, the 2014-2 Loans, the 2014-1 Loans, the 2013-2 Loans, the 20132009-1 Loans (or related Collections) or to any Back-end Dealer Payments and shall not assert any claim thereto.