Common use of Responsibilities of Originator Clause in Contracts

Responsibilities of Originator. Anything herein to the contrary notwithstanding, the exercise by Buyer (or its assignees) of its rights hereunder shall not release Sub-Servicer from any of its duties or obligations with respect to any Receivables or under the related Contracts or Invoices. Buyer shall have no obligation or liability with respect to any Receivables or related Contracts or Invoices, nor shall Buyer be obligated to perform the obligations of Originator.

Appears in 5 contracts

Samples: Receivables Sale Agreement (Johnson Polymer Inc), Receivables Sale Agreement (Johnson Polymer Inc), Receivables Sale Agreement (Johnson Polymer Inc)

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Responsibilities of Originator. Anything herein Notwithstanding any provision in this Deed to the contrary notwithstanding, the exercise by the Buyer (or its assignees) of its rights hereunder shall not release the Sub-Servicer from any of its duties or obligations with respect to any Receivables or under the related Contracts or Invoices. The Buyer shall have no obligation or liability with respect to any Receivables or related Contracts or Invoices, nor shall Buyer be obligated to perform the obligations of the Originator.

Appears in 2 contracts

Samples: Johnsondiversey Inc, Johnsondiversey Holdings Inc

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