The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.
Appears in 15 contracts
Samples: Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2005-B-M), Spread Account Agreement (AFS SenSub Corp.)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer Seller for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.
Appears in 10 contracts
Samples: Spread Account Agreement (Arcadia Financial LTD), Spread Account Agreement (Arcadia Financial LTD), Spread Account Agreement (Arcadia Financial LTD)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer Trust for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.
Appears in 7 contracts
Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2010-A), Spread Account Agreement (UPFC Auto Receivables Corp.), Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2007-D-F)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer Issuing Entity for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.
Appears in 2 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2007-B), Spread Account Agreement (UPFC Auto Receivables Trust 2006-B)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer Transferor or any Reversionary Holder for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.
Appears in 2 contracts
Samples: Master Spread Account Agreement (National Auto Finance Co Inc), Master Spread Account Agreement (National Auto Finance Co Inc)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.. Back to Contents
Appears in 1 contract
Samples: Spread Account Agreement (Americredit Automobile Receivable Trust 2005-D-A)
The Non-Controlling Party. The Non-Controlling Party shall not be liable to the Issuer Seller for any action or failure to act by the Controlling Party or the Collateral Agent in exercising, or failing to exercise, any rights or remedies hereunder.. ARTICLE VII
Appears in 1 contract
