Retained Obligations. Purchaser shall have no responsibility for, or have any liability with respect to, the performance of the Contract, and neither shall Purchaser have any obligation or right to intervene in any Dispute arising out of the performance of the Contract. Neither any claim that Seller may have against Account Debtor or any other Person, nor the failure of Account Debtor to fulfill its obligations under the Contract, shall affect the obligations of Seller and Seller as Servicer to perform its obligations and make payments required to be made by Seller or Servicer hereunder, and none of such events or circumstances shall be used as a defense or as set-off, counterclaim or cross-complaint as against the performance or payment of any of Seller’s or Servicer’s obligations hereunder.
Appears in 6 contracts
Samples: Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp)
