Common use of Repurchase upon Breach Clause in Contracts

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files.................................................................5 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 4 contracts

Sources: Sale and Servicing Agreement (Usaa Federal Savings Bank), Sale and Servicing Agreement (Usaa Auto Owner Trust 2005-1), Sale and Servicing Agreement (Usaa Acceptance LLC Trust 2004-1)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files.................................................................5 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................78

Appears in 4 contracts

Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2006-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2006-2), Sale and Servicing Agreement (Usaa Auto Owner Trust 2005-3)

Repurchase upon Breach. 5 22 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ...........................22 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 .......................22 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ........................23 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ...........................23 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7......................23

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (Uacsc 1998-D Auto Trust), Pooling and Servicing Agreement (Uacsc 1998-C Auto Trust), Pooling and Servicing Agreement (Uacsc Auto Trusts)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 3 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 4 SECTION 2.6 Instructions; Authority to Act..............................................................7 5 SECTION 2.7 Custodian's Indemnification.................................................................7 5 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..........................................................

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Bear Stearns Asset Backed Fund Inc Whole Auto Loan Tr 2002-1), Sale and Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc), Sale and Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................................................7 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7......................................................8

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Usaa Auto Owner Trust 2005-2), Sale and Servicing Agreement (USAA Auto Owner Trust 2006-3), Sale and Servicing Agreement (Usaa Acceptance LLC)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................................................7 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY....................................................................................7

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Usaa Auto Owner Trust 2004-3), Sale and Servicing Agreement (Usaa Acceptance LLC Auto Owner Trust 2002-1)

Repurchase upon Breach. 5 SECTION 12 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ...........................................................12 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................13 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................14 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................14 Section 2.8 Effective Period and Termination............................................................7 ......................................................14 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...................................14

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2002-4), Sale and Servicing Agreement (Mmca Auto Receivables Trust)

Repurchase upon Breach. 5 19 SECTION 2.4 7.03 Custody of Receivable Files.................................................................5 ..................................... 19 SECTION 2.5 7.04 Duties of Servicer as Custodian.............................................................6 ................................. 19 SECTION 2.6 7.05 Instructions; Authority to Act..............................................................7 .................................. 20 SECTION 2.7 7.06 Custodian's Indemnification.................................................................7 ..................................... 20 SECTION 2.8 7.07 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION ................................ 20 TRUST AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7AGREEMENT

Appears in 2 contracts

Sources: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Transaction Corp)

Repurchase upon Breach. 5 26 SECTION 2.4 Custody of Receivable Files.................................................................5 SECTION 2.5 3.03 Duties of Servicer as Custodian.............................................................6 ...................................................... 26 SECTION 2.6 3.04 Instructions; Authority to To Act..............................................................7 ....................................................... 27 SECTION 2.7 3.05 Custodian's Indemnification.................................................................7 .......................................................... 27 SECTION 2.8 3.06 Effective Period and Termination............................................................7 ARTICLE III ..................................................... 27 ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Nissan Auto Receivables 2003-B Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2004-C Owner Trust)

Repurchase upon Breach. 5 SECTION 2.4 16 Section 3.04 Custody of Receivable Files.................................................................5 SECTION 2.5 ........................................................................17 Section 3.05 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ....................................................................17 Section 3.06 Instructions; Authority to Act..............................................................7 SECTION 2.7 .....................................................................18 Section 3.07 Custodian's Indemnification.................................................................7 SECTION 2.8 ........................................................................18 Section 3.08 Effective Period and Termination............................................................7 ...................................................................18 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV. Administration and Servicing of Receivables

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (National City Bank /), Pooling and Servicing Agreement (Usaa Acceptance LLC)

Repurchase upon Breach. 5 SECTION 2.4 24 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 .............................................................24 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 .........................................................24 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ..........................................................25 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 .............................................................25 Section 3.08. Effective Period and Termination............................................................7 ........................................................26 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 2 contracts

Sources: Sale and Servicing Agreement (National City Bank /), Sale and Servicing Agreement (SSB Vehicle Sec Huntington Auto Trust 2000-A)

Repurchase upon Breach. 5 SECTION 2.4 28 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ....................................................................28 Section 3.05. Duties of Master Servicer as Custodian.............................................................6 SECTION 2.6 .........................................................28 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 .................................................................29 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ....................................................................29 Section 3.08. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...............................................................30

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Regions Auto Receivables Trust 2003-1), Sale and Servicing Agreement (Regions Auto Receivables Trust 2002-1)

Repurchase upon Breach. 5 SECTION 2.4 32 Section 3.04 Custody of Receivable Files.................................................................5 SECTION 2.5 ....................................................................33 Section 3.05 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ................................................................33 Section 3.06 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 35 Section 3.07 [Intentionally Omitted]........................................................................35 Section 3.08 Effective Period and Termination............................................................7 ...............................................................35 ARTICLE III ADMINISTRATION AND IV SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 1 contract

Sources: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb2)

Repurchase upon Breach. 5 26 SECTION 2.4 Custody of Receivable Files.................................................................5 ....................................27 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ................................27 SECTION 2.6 Instructions; Authority to Act..............................................................7 .................................28 SECTION 2.7 Custodian's Indemnification.................................................................7 ....................................29 SECTION 2.8 Effective Period and Termination............................................................7 ...............................29 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001 2)

Repurchase upon Breach. 5 SECTION 9 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ............................................................9 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................10 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................11 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................11 Section 2.8 Effective Period and Termination............................................................7 ......................................................12 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4)

Repurchase upon Breach. 5 SECTION 2.4 20 Section 12.05 Custody of Receivable Files.................................................................5 SECTION 2.5 ..................................................................20 Section 12.06 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ..............................................................20 Section 12.07 Instructions; Authority to Act..............................................................7 SECTION 2.7 ...............................................................21 Section 12.08 Custodian's Indemnification.................................................................7 SECTION 2.8 ..................................................................21 Section 12.09 Effective Period and Termination............................................................7 .............................................................21 ARTICLE III XIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 1 contract

Sources: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)

Repurchase upon Breach. 5 25 SECTION 2.4 3.2. Custody of Receivable Files.................................................................5 ................................26 SECTION 2.5 3.3. Duties of Servicer as Custodian.............................................................6 ............................26 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 .............................27 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ................................27 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ...........................27 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables

Appears in 1 contract

Sources: Sale and Servicing Agreement (Barnett Auto Receivables Corp)

Repurchase upon Breach. 5 37 SECTION 2.4 Custody of Receivable Files.................................................................5 ...............................................37 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ...........................................38 SECTION 2.6 Instructions; Authority to Act..............................................................7 ............................................39 SECTION 2.7 Custodian's Indemnification.................................................................7 ...............................................39 SECTION 2.8 Effective Period and Termination............................................................7 ..........................................40 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Receivables Trust)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ..................................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ..............................8 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 ...............................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ..................................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.............................9

Appears in 1 contract

Sources: Sale and Servicing Agreement (Case Receivables Ii Inc)

Repurchase upon Breach. 5 7 SECTION 2.4 Custody of Receivable Files.................................................................5 ....................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ................................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 .................................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ....................................................9 SECTION 2.8 Effective Period and Termination............................................................7 ..............................................10 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 24 SECTION 2.4 3.2. Custody of Receivable Files.................................................................5 ....................................24 SECTION 2.5 3.3. Duties of Servicer as Custodian.............................................................6 ................................25 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 .................................25 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ....................................26 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...............................26

Appears in 1 contract

Sources: Sale and Servicing Agreement (Oxford Resources Corp)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 ...................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ...............................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 ................................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ...................................................9 SECTION 2.8 Effective Period and Termination............................................................7 .............................................10 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2004-A)

Repurchase upon Breach. 5 20 SECTION 2.4 7.03 Custody of Receivable Files.................................................................5 .................................................. 20 SECTION 2.5 7.04 Duties of Servicer as Custodian.............................................................6 .............................................. 21 SECTION 2.6 7.05 Instructions; Authority to Act..............................................................7 ............................................... 21 SECTION 2.7 7.06 Custodian's Indemnification.................................................................7 .................................................. 22 SECTION 2.8 7.07 Effective Period and Termination............................................................7 ............................................. 22 ARTICLE III VIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES................................................ 22

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Bay View Deposit CORP)

Repurchase upon Breach. 5 22 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ....................................23 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ................................23 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 .................................24 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ....................................24 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ...............................24 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7VIII Administration and Servicing of Receivables.....................25

Appears in 1 contract

Sources: Trust and Servicing Agreement (Uacsc 2002-a Owner TRST Auto Receivable Back Nt)

Repurchase upon Breach. 5 7 SECTION 2.4 Custody of Receivable Files.................................................................5 ..................................8 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ..............................9 SECTION 2.6 Instructions; Authority to Act..............................................................7 ...............................10 SECTION 2.7 Custodian's Indemnification.................................................................7 ..................................10 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.............................11

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 ..................................3 SECTION 2.5 Duties of Master Servicer as Custodian.............................................................6 .......................3 SECTION 2.6 Instructions; Authority to Act..............................................................7 ...............................4 SECTION 2.7 Custodian's Indemnification.................................................................7 ..................................4 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...........................

Appears in 1 contract

Sources: Sale and Servicing Agreement (Merrill Auto Trust Securitization 2007-1)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 3 SECTION 2.5 Duties of Master Servicer as Custodian.............................................................6 ......................................................4 SECTION 2.6 Instructions; Authority to Act..............................................................7 5 SECTION 2.7 Custodian's Indemnification.................................................................7 5 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..........................................................

Appears in 1 contract

Sources: Sale and Servicing Agreement (Merrill Auto Trust Securitization 2005-1)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 .............................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 .........................9 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 ..........................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ............................10 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.......................10

Appears in 1 contract

Sources: Sale and Servicing Agreement (CNH Capital Receivables Inc)

Repurchase upon Breach. 5 SECTION 2.4 27 Section 3.04 Custody of Receivable Files.................................................................5 SECTION 2.5 ....................................................................28 Section 3.05 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ................................................................28 Section 3.06 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 30 Section 3.07 [Intentionally Omitted]........................................................................30 Section 3.08 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...............................................................30

Appears in 1 contract

Sources: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)

Repurchase upon Breach. 5 SECTION 2.4 17 Section 2.05 Custody of Receivable Files.................................................................5 SECTION 2.5 ...........................................................18 Section 2.06 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 .......................................................18 Section 2.07 Instructions; Authority to Act..............................................................7 SECTION 2.7 ........................................................19 Section 2.08 Custodian's Indemnification.................................................................7 SECTION 2.8 ...........................................................19 Section 2.09 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7......................................................19

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Repurchase upon Breach. 5 SECTION 2.4 17 Section 2.05 Custody of Receivable Files.................................................................5 SECTION 2.5 ...........................................................17 Section 2.06 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 .......................................................18 Section 2.07 Instructions; Authority to Act..............................................................7 SECTION 2.7 ........................................................18 Section 2.08 Custodian's Indemnification.................................................................7 SECTION 2.8 ...........................................................18 Section 2.09 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7......................................................19

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Gs Mortgage Securities Corp)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 ....................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ................................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 .................................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ....................................................9 SECTION 2.8 Effective Period and Termination............................................................7 ...............................................9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 13 SECTION 2.4 3.3. Custody of Receivable Receivables Files.................................................................5 ................................................ 13 SECTION 2.5 3.4. Duties of Of Servicer as As Custodian.............................................................6 ............................................. 14 SECTION 2.6 Instructions; 3.5. Instructions and Authority to Act..............................................................7 ........................................... 14 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 3.6. Effective Period and And Termination............................................................7 ............................................ 14 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES.......................................... 16

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chevy Chase Bank FSB)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 Files ....................................3 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 Custodian ................................4 SECTION 2.6 Instructions; Authority to Act..............................................................7 Act .................................4 SECTION 2.7 Custodian's Indemnification.................................................................7 Indemnification ....................................4 SECTION 2.8 Effective Period and Termination............................................................7 Termination ...............................5 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7PROPERTY .5

Appears in 1 contract

Sources: Sale and Servicing Agreement (Bear Stearns Asset Backed Funding Inc)

Repurchase upon Breach. 5 SECTION 2.4 18 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ...............................................................18 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...........................................................19 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ............................................................19 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ...............................................................19 Section 3.08. Effective Period and Termination............................................................7 ..........................................................20 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES...................................................................20

Appears in 1 contract

Sources: Sale and Servicing Agreement (BMW Fs Securities LLC)

Repurchase upon Breach. 5 25 SECTION 2.4 Custody of Receivable Files.................................................................5 .................................... 26 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ................................ 26 SECTION 2.6 Instructions; Authority to Act..............................................................7 ................................. 28 SECTION 2.7 Indemnification of the Custodian's Indemnification.................................................................7 ............................... 28 SECTION 2.8 Effective Period and Termination............................................................7 ............................... 29 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND OTHER TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Repurchase upon Breach. 5 SECTION 2.4 27 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ..................................................................27 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ..............................................................27 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ...............................................................28 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ..................................................................29 Section 3.08. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.............................................................29

Appears in 1 contract

Sources: Sale and Servicing Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)

Repurchase upon Breach. 5 SECTION 8 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ............................................................8 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION ........................................................9 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................10 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................10 Section 2.8 Effective Period and Termination............................................................7 ......................................................10 Section 2.9 Authorization to File Financing Statements............................................10 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...................................11

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2002-5)

Repurchase upon Breach. 5 SECTION 13 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ...........................................................14 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................15 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................15 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................16 Section 2.8 Effective Period and Termination............................................................7 ......................................................16 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...................................16

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Receivables Trust Ii)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 ................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ............................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 .............................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ................................................9 SECTION 2.8 Effective Period and Termination............................................................7 ...........................................9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files.................................................................5 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..................................................................................................................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Auto Owner Trust 2004-2)

Repurchase upon Breach. 5 SECTION 2.4 21 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ...............................................................21 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...........................................................22 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ............................................................22 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ...............................................................22 Section 3.08. Effective Period and Termination............................................................7 ..........................................................23 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES...................................................................23

Appears in 1 contract

Sources: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2001-A)

Repurchase upon Breach. 5 28 SECTION 2.4 Custody of Receivable Files.................................................................5 .....................................29 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .................................29 SECTION 2.6 Instructions; Authority to Act..............................................................7 ..................................31 SECTION 2.7 Custodian's Indemnification.................................................................7 .....................................31 SECTION 2.8 Effective Period and Termination............................................................7 ................................31 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sales Contracts (Mmca Auto Receivables Trust)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................................................7 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Federal Savings Bank)

Repurchase upon Breach. 5 13 SECTION 2.4 3.3. Custody of Receivable Receivables Files.................................................................5 ................................................ 13 SECTION 2.5 3.4. Duties of Of Servicer as As Custodian.............................................................6 ............................................. 14 SECTION 2.6 Instructions; 3.5. Instructions and Authority to Act..............................................................7 ........................................... 15 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 3.6. Effective Period and And Termination............................................................7 ............................................ 15 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES.......................................... 16

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chevy Chase Bank FSB)

Repurchase upon Breach. 5 28 SECTION 2.4 Custody of Receivable Files.................................................................5 .................................29 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .............................29 SECTION 2.6 Instructions; Authority to Act..............................................................7 ..............................30 SECTION 2.7 Custodian's Indemnification.................................................................7 .................................31 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7............................31

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 ...................................3 SECTION 2.5 Duties of Master Servicer as Custodian.............................................................6 ........................3 SECTION 2.6 Instructions; Authority to Act..............................................................7 ................................4 SECTION 2.7 Custodian's Indemnification.................................................................7 ...................................4 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7............................

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ml Asset Backed Corp)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ................................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ............................9 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 .............................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ................................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ..........................10 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES.....................10

Appears in 1 contract

Sources: Sale and Servicing Agreement (CNH Capital Receivables Inc)

Repurchase upon Breach. 5 19 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ..................................19 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ..............................20 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ...............................20 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ..................................20 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...........................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Uacsc 1997-C Auto Trust)

Repurchase upon Breach. 5 SECTION 2.4 23 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ...........................................................23 Section 3.05. Duties of Master Servicer as Custodian.............................................................6 SECTION 2.6 ................................................23 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ........................................................24 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ...........................................................25 Section 3.08. Effective Period and Termination............................................................7 ......................................................25 Section 3.09. Transfer and Delivery of Receivable Files.............................................26 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 1 contract

Sources: Sale and Servicing Agreement (Regions Acceptance LLC)

Repurchase upon Breach. 5 25 SECTION 2.4 Custody of Receivable Files.................................................................5 .........................................................................25 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .....................................................................26 SECTION 2.6 Instructions; Authority to Act..............................................................7 ......................................................................27 SECTION 2.7 Custodian's Indemnification.................................................................7 .........................................................................27 SECTION 2.8 Effective Period and Termination............................................................7 ....................................................................27 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001 2)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 .............................. 7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .......................... 8 SECTION 2.6 Instructions; Authority to Act..............................................................7 ........................... 9 SECTION 2.7 Custodian's Indemnification.................................................................7 .............................. 9 SECTION 2.8 Effective Period and Termination............................................................7 ......................... 9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 SECTION 12 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ...........................................................12 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................13 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................14 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................14 Section 2.8 Effective Period and Termination............................................................7 ......................................................14 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7PROPERTY 15

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2002-1)

Repurchase upon Breach. 5 13 SECTION 2.4 3.3. Custody of Receivable Receivables Files.................................................................5 . ........................ 13 SECTION 2.5 3.4. Duties of Of Servicer as As Custodian.............................................................6 . ..................... 13 SECTION 2.6 Instructions; 3.5. Instructions and Authority to Act..............................................................7 Act .................... 14 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 3.6. Effective Period and And Termination............................................................7 . .................... 14 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................716

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chevy Chase Bank FSB)

Repurchase upon Breach. 5 23 SECTION 2.4 3.3 Custody of Receivable Receivables Files.................................................................5 .............................. 24 SECTION 2.5 3.4 Duties of Servicer as Custodian.............................................................6 ........................... 25 SECTION 2.6 3.5 Instructions; Authority to To Act..............................................................7 ............................ 26 SECTION 2.7 3.6 Custodian's Indemnification.................................................................7 ............................... 26 SECTION 2.8 3.7 Effective Period and Termination............................................................7 .......................... 27 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables

Appears in 1 contract

Sources: Sale and Servicing Agreement (Franklin Receivables LLC)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ...................................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ...............................8 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 ................................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ...................................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ..............................9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables........10

Appears in 1 contract

Sources: Sale and Servicing Agreement (Case Receivables Ii Inc)

Repurchase upon Breach. 5 7 SECTION 2.4 Custody of Receivable Files.................................................................5 ...................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ...............................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 ................................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ...................................................9 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.............................................10

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 SECTION 2.4 18 Section 2.05 Custody of Receivable Files.................................................................5 SECTION 2.5 .......................................................18 Section 2.06 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...................................................18 Section 2.07 Instructions; Authority to Act..............................................................7 SECTION 2.7 ....................................................19 Section 2.08 Custodian's Indemnification.................................................................7 SECTION 2.8 .......................................................19 Section 2.09 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..................................................19

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Repurchase upon Breach. 5 SECTION 7 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ............................................................8 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION ........................................................8 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION .........................................................9 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ............................................................9 Section 2.8 Effective Period and Termination............................................................7 ......................................................10 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7PROPERTY 10

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4)

Repurchase upon Breach. 5 13 SECTION 2.4 3.3. Custody of Receivable Of Receivables Files.................................................................5 ................................................ 13 SECTION 2.5 3.4. Duties of Of Servicer as As Custodian.............................................................6 ............................................. 14 SECTION 2.6 Instructions; 3.5. Instructions And Authority to To Act..............................................................7 ........................................... 15 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 3.6. Effective Period and And Termination............................................................7 ............................................ 15 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES...................................... 16

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chevy Chase Bank FSB)

Repurchase upon Breach. 5 23 SECTION 2.4 3.3. Custody of Receivable Receivables Files.................................................................5 ................................................ 23 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ......................................................... 23 SECTION 2.6 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 Effective Period 3.5. Retention and Termination............................................................7 Termination of Servicer....................................... 23 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES...................................... 24

Appears in 1 contract

Sources: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................................................7 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................................................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Auto Owner Trust 2003-1)

Repurchase upon Breach. 5 SECTION 2.4 25 Section 3.04 Custody of Receivable Files.................................................................5 SECTION 2.5 ....................................................................26 Section 3.05 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ................................................................26 Section 3.06 Instructions; Authority to Act..............................................................7 SECTION 2.7 Custodian's Indemnification.................................................................7 SECTION 2.8 28 Section 3.07 [Intentionally Omitted]........................................................................28 Section 3.08 Effective Period and Termination............................................................7 ...............................................................28 ARTICLE III ADMINISTRATION AND IV SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES

Appears in 1 contract

Sources: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)

Repurchase upon Breach. 5 SECTION 12 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ...........................................................12 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................13 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................14 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................14 Section 2.8 Effective Period and Termination............................................................7 ......................................................14 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...................................15

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2002-4)

Repurchase upon Breach. 5 23 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ..........................23 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ......................24 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 .......................24 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ..........................24 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.....................24

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Uacsc 1998-B Auto Trust)

Repurchase upon Breach. 5 11 SECTION 2.4 Custody of Receivable Files.................................................................5 .....................................11 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .................................12 SECTION 2.6 Instructions; Authority to Act..............................................................7 ..................................13 SECTION 2.7 Custodian's Indemnification.................................................................7 .....................................13 SECTION 2.8 Effective Period and Termination............................................................7 ................................13 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 8 SECTION 2.6 Instructions; Authority to Act..............................................................7 9 SECTION 2.7 Custodian's Indemnification.................................................................7 9 SECTION 2.8 Effective Period and Termination............................................................7 9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7III

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 27 SECTION 2.4 3.03. Custody of Receivable Files.................................................................5 .......................... 27 SECTION 2.5 3.04. Duties of Servicer as Custodian.............................................................6 ...................... 28 SECTION 2.6 3.05. Instructions; Authority to To Act..............................................................7 ....................... 28 SECTION 2.7 3.06. Custodian's Indemnification.................................................................7 .......................... 28 SECTION 2.8 3.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..................... 28

Appears in 1 contract

Sources: Sale and Servicing Agreement (Premier Auto Trust 1996-4)

Repurchase upon Breach. 5 SECTION 34 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ...........................................................34 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION .......................................................35 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ........................................................36 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ...........................................................36 Section 2.8 Effective Period and Termination............................................................7 ......................................................37 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7PROPERTY 37

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)

Repurchase upon Breach. 5 12 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ..............................12 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ..........................13 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ...........................13 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 .............................13 SECTION 2.8 7.07. Effective Period and Termination............................................................7 .........................13 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7VIII Administration and Servicing of Receivables.....................14

Appears in 1 contract

Sources: Trust and Servicing Agreement (Bay View Securitization Corp)

Repurchase upon Breach. 5 7 SECTION 2.4 Custody of Receivable Files.................................................................5 .............................................................8 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .........................................................9 SECTION 2.6 Instructions; Authority to Act..............................................................7 .........................................................10 SECTION 2.7 Custodian's Indemnification.................................................................7 ............................................................10 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.......................................................11

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 ....................................................7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ................................................8 SECTION 2.6 Instructions; Authority to Act..............................................................7 .................................................9 SECTION 2.7 Custodian's Indemnification.................................................................7 ....................................................9 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7...............................................9

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 SECTION 2.4 19 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ...............................................................19 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...........................................................19 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ............................................................20 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ...............................................................20 Section 3.08. Effective Period and Termination............................................................7 ..........................................................21 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES....................................................21

Appears in 1 contract

Sources: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2005-A)

Repurchase upon Breach. 5 16 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ..............................................................17 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ..........................................................17 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ...........................................................18 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ..............................................................18 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.........................................................18

Appears in 1 contract

Sources: Trust and Servicing Agreement (United Fidelity Finance LLC)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................7 ................................6 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III III. ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Federal Savings Bank)

Repurchase upon Breach. 5 SECTION 2.4 18 Section 3.04. Custody of Receivable Files.................................................................5 SECTION 2.5 ...............................18 Section 3.05. Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...........................19 Section 3.06. Instructions; Authority to Act..............................................................7 SECTION 2.7 ............................19 Section 3.07. Custodian's Indemnification.................................................................7 SECTION 2.8 ...............................19 Section 3.08. Effective Period and Termination............................................................7 ..........................20 ARTICLE III IV ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7RECEIVABLES....................20

Appears in 1 contract

Sources: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2004-A)

Repurchase upon Breach. 5 SECTION 2.4 15 Section 3.04 Custody of Receivable Files.................................................................5 SECTION 2.5 ........................................................................16 Section 3.05 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ....................................................................16 Section 3.06 Instructions; Authority to Act..............................................................7 SECTION 2.7 .....................................................................17 Section 3.07 Custodian's Indemnification.................................................................7 SECTION 2.8 ........................................................................17 Section 3.08 Effective Period and Termination............................................................7 ...................................................................17 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV. Administration and Servicing of Receivables

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files.................................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian.........................................................................................................6 SECTION 2.6 Instructions; Authority to Act...........................................................................................................7 SECTION 2.7 Custodian's Indemnification.................................................................................................................7 SECTION 2.8 Effective Period and Termination.......................................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY...........................................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Acceptance LLC)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ..............................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ..........................9 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 ...........................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ..............................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7........................10

Appears in 1 contract

Sources: Sale and Servicing Agreement (CNH Receivables Inc)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 .........................................................6 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .....................................................7 SECTION 2.6 Instructions; Authority to Act..............................................................7 ......................................................8 SECTION 2.7 Custodian's Indemnification.................................................................7 .........................................................8 SECTION 2.8 Effective Period and Termination............................................................7 ....................................................8 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ............................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ........................8 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 .........................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ............................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 .......................9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivabl...10

Appears in 1 contract

Sources: Sale and Servicing Agreement (Case Receivables Ii Inc)

Repurchase upon Breach. 5 20 SECTION 2.4 3.03. Custody of Receivable Files.................................................................5 .............................................................20 SECTION 2.5 3.04. Duties of Servicer as Custodian.............................................................6 .........................................................21 SECTION 2.6 3.05. Instructions; Authority to To Act..............................................................7 ..........................................................21 SECTION 2.7 3.06. Custodian's Indemnification.................................................................7 .............................................................21 SECTION 2.8 3.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7........................................................22

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2001 B)

Repurchase upon Breach. 5 SECTION 2.4 12.04. Custody of Receivable Files.................................................................5 .......................................................... SECTION 2.5 12.05. Duties of Servicer as Custodian.............................................................6 ....................................................... SECTION 2.6 12.06. Instructions; Authority to Act..............................................................7 ....................................................... SECTION 2.7 12.07. Custodian's Indemnification.................................................................7 .......................................................... SECTION 2.8 12.08. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7Termination ....................................................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (FCC Receivables Corp)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 8 SECTION 2.6 Instructions; Authority to Act..............................................................7 9 SECTION 2.7 Custodian's Indemnification.................................................................7 9 SECTION 2.8 Effective Period and Termination............................................................7 9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 24 SECTION 2.4 3.3 Custody of Receivable Receivables Files.................................................................5 ..........................................................25 SECTION 2.5 3.4 Duties of Servicer as Custodian.............................................................6 .......................................................25 SECTION 2.6 3.5 Instructions; Authority to To Act..............................................................7 ........................................................26 SECTION 2.7 3.6 Custodian's Indemnification.................................................................7 ...........................................................26 SECTION 2.8 3.7 Effective Period and Termination............................................................7 ......................................................27 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables

Appears in 1 contract

Sources: Sale and Servicing Agreement (FCC Receivables Corp)

Repurchase upon Breach. 5 20 SECTION 2.4 3.03. Custody of Receivable Files.................................................................5 .......................................................20 SECTION 2.5 3.04. Duties of Servicer as Custodian.............................................................6 ...................................................21 SECTION 2.6 3.05. Instructions; Authority to To Act..............................................................7 ....................................................21 SECTION 2.7 3.06. Custodian's Indemnification.................................................................7 .......................................................21 SECTION 2.8 3.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..................................................22

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2000 B)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files.................................................................5 ..............................................................6 SECTION 2.5 Duties of Servicer as Custodian.......................................................................................................................6 SECTION 2.6 Instructions; Authority to Act.........................................................................................................................7 SECTION 2.7 Custodian's Indemnification...............................................................................................................................7 SECTION 2.8 Effective Period and Termination.....................................................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.................................................................................8

Appears in 1 contract

Sources: Sale and Servicing Agreement (Usaa Acceptance LLC)

Repurchase upon Breach. 5 SECTION 2.4 Custody of Receivable Files....................................................................................................5 SECTION 2.5 Duties of Servicer as Custodian............................................................................................6 SECTION 2.6 Instructions; Authority to Act..............................................................................................7 SECTION 2.7 Custodian's Indemnification....................................................................................................7 SECTION 2.8 Effective Period and Termination..........................................................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7PROPERTY .....................................................8

Appears in 1 contract

Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2006-4)

Repurchase upon Breach. 5 6 SECTION 2.4 Custody of Receivable Files.................................................................5 7 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 8 SECTION 2.6 Instructions; Authority to Act..............................................................7 9 SECTION 2.7 Custodian's Indemnification.................................................................7 9 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................79

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repurchase upon Breach. 5 26 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ..................................27 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 ..............................28 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ...............................28 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ..................................28 SECTION 2.8 7.07. Effective Period and Termination............................................................7 .............................29 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7VIII Administration and Servicing of Receivables...................29

Appears in 1 contract

Sources: Trust and Servicing Agreement (Uacsc 2001-C Owner Trust)

Repurchase upon Breach. 5 7 SECTION 2.4 Custody of Receivable Files.................................................................5 .......................................................8 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ...................................................9 SECTION 2.6 Instructions; Authority to Act..............................................................7 ...................................................10 SECTION 2.7 Custodian's Indemnification.................................................................7 ......................................................10 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.................................................11

Appears in 1 contract

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

Repurchase upon Breach. 5 23 SECTION 2.4 3.3 Custody of Receivable Receivables Files.................................................................5 ..........................................................24 SECTION 2.5 3.4 Duties of Servicer as Custodian.............................................................6 .......................................................24 SECTION 2.6 3.5 Instructions; Authority to To Act..............................................................7 ........................................................25 SECTION 2.7 3.6 Custodian's Indemnification.................................................................7 ...........................................................26 SECTION 2.8 3.7 Effective Period and Termination............................................................7 ......................................................26 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables

Appears in 1 contract

Sources: Sale and Servicing Agreement (Franklin Receivables LLC)

Repurchase upon Breach. 5 SECTION 2.4 18 Section 2.05 Custody of Receivable Files.................................................................5 SECTION 2.5 .......................................................18 Section 2.06 Duties of Servicer as Custodian.............................................................6 SECTION 2.6 ...................................................18 Section 2.07 Instructions; Authority to Act..............................................................7 SECTION 2.7 ....................................................19 Section 2.08 Custodian's Indemnification.................................................................7 SECTION 2.8 .......................................................19 Section 2.09 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..................................................20

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Gs Mortgage Securities Corp)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ..........................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 ......................8 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 .......................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ..........................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7.....................9

Appears in 1 contract

Sources: Sale and Servicing Agreement (Case Receivables Ii Inc)

Repurchase upon Breach. 5 2 SECTION 2.4 Custody of Receivable Files.................................................................5 .......................................................................3 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 ...................................................................4 SECTION 2.6 Instructions; Authority to Act..............................................................7 ....................................................................5 SECTION 2.7 Custodian's Indemnification.................................................................7 .......................................................................5 SECTION 2.8 Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7................................................................

Appears in 1 contract

Sources: Sale and Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1)

Repurchase upon Breach. 5 SECTION 12 Section 2.4 Custody of Receivable Files.................................................................5 SECTION ......................12 Section 2.5 Duties of Servicer as Custodian.............................................................6 SECTION ..................13 Section 2.6 Instructions; Authority to Act..............................................................7 SECTION ...................14 Section 2.7 Custodian's Indemnification.................................................................7 SECTION ......................14 Section 2.8 Effective Period and Termination............................................................7 .................14 ARTICLE III - ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7......................................................14

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Receivables Trust)

Repurchase upon Breach. 5 SECTION 2.4 8.3. Custody of Receivable Files.................................................................5 ....................................... SECTION 2.5 8.4. Duties of Servicer as Custodian.............................................................6 ................................... SECTION 2.6 8.5. Instructions; Authority to Act..............................................................7 .................................... SECTION 2.7 8.6. Custodian's Indemnification.................................................................7 ....................................... SECTION 2.8 8.7. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7..................................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Cit Group Inc)

Repurchase upon Breach. 5 25 SECTION 2.4 Custody of Receivable Files.................................................................5 .................................................................. 26 SECTION 2.5 Duties of Servicer as Custodian.............................................................6 .............................................................. 26 SECTION 2.6 Instructions; Authority to Act..............................................................7 ............................................................... 28 SECTION 2.7 Indemnification by the Custodian's Indemnification.................................................................7 ............................................................. 28 SECTION 2.8 Effective Period and Termination............................................................7 ............................................................. 29 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND OTHER TRUST PROPERTY..............................7PROPERTY SECTION 3.1

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Repurchase upon Breach. 5 19 SECTION 2.4 7.03. Custody of Receivable Files.................................................................5 ...........................19 SECTION 2.5 7.04. Duties of Servicer as Custodian.............................................................6 .......................20 SECTION 2.6 7.05. Instructions; Authority to Act..............................................................7 ........................20 SECTION 2.7 7.06. Custodian's Indemnification.................................................................7 ...........................20 SECTION 2.8 7.07. Effective Period and Termination............................................................7 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7....................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Uacsc 1997-B Auto Trust)

Repurchase upon Breach. 5 7 SECTION 2.4 3.3. Custody of Receivable Files.................................................................5 ...........................8 SECTION 2.5 3.4. Duties of Servicer as Custodian.............................................................6 .......................8 SECTION 2.6 3.5. Instructions; Authority to To Act..............................................................7 ........................9 SECTION 2.7 3.6. Custodian's Indemnification.................................................................7 ...........................9 SECTION 2.8 3.7. Effective Period and Termination............................................................7 ......................9 ARTICLE III ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY..............................7IV Administration and Servicing of Receivables.................................10

Appears in 1 contract

Sources: Sale and Servicing Agreement (Case Receivables Ii Inc)