Common use of Responsibilities of the Debtor Clause in Contracts

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Receivables to the same extent as if a security interest in such Receivables had not been granted hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any Receivable, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 3 contracts

Samples: Security Agreement (First Investors Financial Services Group Inc), Security Agreement (Union Acceptance Corp), Security Agreement (First Investors Financial Services Group Inc)

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Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables had not been granted pledged hereunder and the exercise by the Collateral Agent or any Secured Party of its their rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including including, without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 3 contracts

Samples: Security Agreement (Americredit Corp), Security Agreement (Americredit Corp), Security Agreement (Americredit Corp)

Responsibilities of the Debtor. Anything herein to the ------------------------------ contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables had not been granted pledged hereunder and the exercise by the Collateral Agent or any Secured Party of its their rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including including, without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 2 contracts

Samples: Security Agreement (Americredit Corp), Security Agreement (Americredit Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables Receiv xxxxx had not been granted pledged hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 2 contracts

Samples: Security Agreement (Union Acceptance Corp), Security Agreement (Union Acceptance Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (ia) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables had not been granted pledged hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (iib) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (Union Acceptance Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables had not been granted pledged hereunder and the exercise by the Collateral Agent or any Secured Party of its their rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (Americredit Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Receivables to the same extent as if a security interest in such Receivables had not been granted hereunder hereunder, and the exercise by the Collateral Agent of its rights hereunder here under shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any 115 162 Receivable, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Note Purchase Agreement (Firstcity Financial Corp)

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Responsibilities of the Debtor. Anything herein to the ------------------------------ contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables had not been granted pledged hereunder and the exercise by the Collateral Agent or any Secured Party of its their rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (Americredit Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (ia) perform all of its obligations under the Receivables to the same extent as if a security interest in such Receivables had not been granted hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (iib) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any Receivable, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (First Investors Financial Services Group Inc)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Contracts related to the Receivables to the same extent as if a security interest interests in such Receivables Receiv xxxxx had not been granted pledged hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableReceivable or related Contracts, nor shall any of them be obligated to perform any of the obligations obliga tions of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (Union Acceptance Corp)

Responsibilities of the Debtor. Anything herein to the contrary notwithstanding, the Debtor shall (i) perform all of its obligations under the Receivables Loans and Contracts to the same extent as if a security interest in such Receivables Loans and Contracts had not been granted hereunder and the exercise by the Collateral Agent of its rights hereunder shall not relieve the Debtor from such obligations and (ii) pay when due any taxes, including without limitation, any sales taxes payable in connection with the Receivables Loans or Contracts and their creation and satisfaction. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability with respect to any ReceivableLoan, nor shall any of them be obligated to perform any of the obligations of the Debtor thereunder.

Appears in 1 contract

Samples: Security Agreement (Credit Acceptance Corporation)

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