Case Credit definition
Examples of Case Credit in a sentence
The Receivables are serviced for the Trust by Case Credit Corporation, a Delaware corporation ("Case Credit").
Nothing in this Agreement shall affect any obligation Case Credit Corporation may have in any other capacity.
Any such separate firm for the Underwriters and such control persons of Underwriters shall be designated in writing by the Representative and any such separate firm for Case Credit and the Seller, the directors of Case Credit and the Seller, the officers of Case Credit and the Seller who sign the Registration Statement and such control persons of Case Credit and the Seller or authorized representatives shall be designated in writing by the Case Credit and the Seller.
Any successor Servicer shall from time to time provide to Case Credit such information as Case Credit shall request with respect to the Receivables and collections thereon.
No such resignation shall become effective until the Indenture Trustee or a successor Servicer shall have assumed the responsibilities and obligations of Case Credit in accordance with Section 8.2.
Case Credit hereby consents to all such sales and assignments and agrees that enforcement of a right or remedy hereunder by the Indenture Trustee shall have the same force and effect as if the right or remedy had been enforced or executed by CNHCR.
Case Credit shall indemnify, defend and hold harmless CNHCR for any liability as a result of the failure of a Case Receivable to be originated in compliance with all requirements of law and for any breach of any of its representations and warranties contained herein.
No Case Receivable has been sold, transferred, assigned or pledged by Case Credit to any Person other than CNHCR.
Subject to Section 7.3, Case Credit shall not resign from the obligations and duties imposed on it as Servicer under this Agreement except upon determination that the performance of its duties under this Agreement shall no longer be permissible under applicable law and such impermissibility cannot be reasonably and promptly cured.
CNHCR shall cooperate fully with Case Credit in connection with the obligations set forth above and will execute any and all documents reasonably required to fulfill the intent of this paragraph.