Common use of Termination; Survival of Obligations Clause in Contracts

Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances of all Transferred Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 and 8.12 shall be continuing and shall survive such reduction.

Appears in 4 contracts

Samples: Servicing Agreement (CDF Funding, Inc.), Servicing Agreement (GE Dealer Floorplan Master Note Trust), Servicing Agreement (CDF Funding, Inc.)

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Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances Outstanding Balances of all Transferred Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 8.4, 8.5 and 8.12 8.13 shall be continuing and shall survive such reduction.

Appears in 4 contracts

Samples: Servicing Agreement, Amended and Restated Servicing Agreement, Servicing Agreement

Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the earlier to occur of: (a) the date on which the outstanding balances of all Transferred Receivables the Sub-Serviced Assets have been reduced to zerozero and (b) the effectiveness of any Sub-Servicer Termination Notice delivered to Sub-Servicer pursuant to Section 2.6; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article IIIhowever, Section 2.10, Section 4.1(c), Section 4.4, the indemnification and payment provisions of Article VII V and Sections 8.4 7.7, 7.8, 7.12 and 8.12 shall be continuing and 7.13 shall survive such reductionany termination of this Agreement.

Appears in 2 contracts

Samples: Servicing Agreement (NBCUniversal Media, LLC), Sub Servicing Agreement (NBCUniversal Media, LLC)

Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances of all Transferred Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 and 8.12 shall be continuing and shall survive such reduction.. 28 Second Amended and Restated Servicing Agreement

Appears in 1 contract

Samples: Second Amended and Restated Servicing Agreement (CDF Funding, Inc.)

Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances Outstanding Balances of all Transferred Underlying Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 8.4, 8.5 and 8.12 8.13 shall be continuing and shall survive such reduction.

Appears in 1 contract

Samples: Servicing Agreement (Synchrony Financial)

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Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances of all Transferred of the Serviced Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 8.3, 8.4, 8.5, 8.13, 8.14 and 8.12 8.19 shall be continuing and shall survive such reduction.. Servicing Agreement

Appears in 1 contract

Samples: Servicing Agreement (NBCUniversal Media, LLC)

Termination; Survival of Obligations. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the date on which the outstanding balances Outstanding Balances of all Transferred Receivables have been reduced to zero; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by Master Servicer pursuant to Article III, the indemnification and payment provisions of Article VII and Sections 8.4 8.4, 8.5 and 8.12 8.13 shall be continuing and shall survive such reduction.. 15 Synchrony Card Issuance Trust Servicing Agreement

Appears in 1 contract

Samples: Amended And (Synchrony Card Issuance Trust)

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