Common use of Release by Comerica Clause in Contracts

Release by Comerica. Comerica (i) releases any and all rights in and to any Collections with respect to the BofA Pools and the Wachovia Pools, other than amounts collected under the BofA Pools or the Wachovia Pools which are owed to Dealers as Back-end Dealer Payments and which are subject to set off by CAC pursuant to the related Dealer Agreement and which have not been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the Wachovia Pools or the BofA Pools, and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, or any successor servicer to use Collections on its behalf contrary to clause (c)(i). Except for Back-end Dealer Payments to the extent provided in (c)(i), Comerica agrees that the lien and security interest granted to it pursuant to the CAC Credit Facility Documents does not and shall not attach to any BofA Pools or Wachovia Pools and shall not assert any claim against the BofA Pools or the Wachovia Pools or Collections related thereto.

Release by Comerica. Comerica (i) releases any and all rights in and to any Collections with respect to the BofA Wachovia Pools and the Wachovia 2006-1 Pools, other than amounts collected under the BofA Wachovia Pools or the Wachovia 2006-1 Pools which are owed to Dealers as Back-end Dealer Payments and which are subject to set off by CAC pursuant to the related Dealer Agreement and which have not been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the Wachovia Pools or the BofA Pools, 2006-1 Pools and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, or any successor servicer to use Collections on its behalf contrary to clause (c)(i)) above. Except for Back-end Dealer Payments to the extent provided in clause (c)(i)) above, Comerica agrees that the lien and security interest granted to it pursuant to the CAC Credit Facility Documents does not and shall not attach to any BofA Wachovia Pools or Wachovia 2006-1 Pools and shall not assert any claim against the BofA Wachovia Pools or the Wachovia 2006-1 Pools or Collections related thereto.

Release by Comerica. Comerica (i) releases any and all rights in and to any Collections with respect to the BofA Wachovia Pools and the Wachovia 2003-1 Pools, other than amounts collected under the BofA Wachovia Pools or the Wachovia 2003-1 Pools which are owed to Dealers as Back-end Dealer Payments and which are subject to set off by CAC pursuant to the related Dealer Agreement and which have not been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the Wachovia Pools or the BofA 2003-1 Pools, and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, or any successor servicer to use Collections on its behalf contrary to clause (c)(i). Except for Back-end Dealer Payments to the extent provided in (c)(i), Comerica agrees that the lien and security interest granted to it pursuant to the CAC Credit Facility Documents does not and shall not attach to any BofA Wachovia Pools or Wachovia 2003-1 Pools and shall not assert any claim against the BofA Wachovia Pools or the Wachovia 2003-1 Pools or Collections related thereto.

Release by Comerica. Comerica (i) releases any and all rights in and to any Collections with respect to the BofA Wachovia Pools and the Wachovia 2003-1 Pools, other than amounts collected under the BofA Wachovia Pools or the Wachovia 2003-1 Pools which are owed to Dealers as Back-end Dealer Payments and which are subject to set off by CAC pursuant to the related Dealer Agreement and which have not been set off by CAC or by Comerica pursuant to the CAC Credit Facility Documents against amounts owing under the Wachovia Pools or the BofA 2003-1 Pools, and (ii) relinquishes all rights it has or may have to require CAC, individually or as servicer, or any successor servicer to use Collections on its behalf contrary to clause (c)(i)) above. Except for Back-end Dealer Payments to the extent provided in clause (c)(i)) above, Comerica agrees that the lien and security interest granted to it pursuant to the CAC Credit Facility Documents does not and shall not attach to any BofA Wachovia Pools or Wachovia 2003-1 Pools and shall not assert any claim against the BofA Wachovia Pools or the Wachovia 2003-1 Pools or Collections related thereto.