Common use of Binding Effect; Survival Clause in Contracts

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the Lenders, the Agents and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI , Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s rights to act as Collection Agent hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Central Nevada, Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Central Nevada's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the Lenders, the Agents parties hereto and their respective successors and assigns, and the 173 provisions of Article VI and Article XIV XVI shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, howeverprovided that, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIIIXV. 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 such time, after the Commitment Termination Date, when as all Class A Advances and other Obligations shall have been finally indefeasibly and fully paid and performedperformed and the commitments of all Non-Conduit Lenders to make Class A Advances shall have terminated. The rights and remedies with respect to any breach of any representation and warranty made by the Borrower or Collection Agent pursuant to Article VIII IX and the indemnification and payment provisions of Article XIV VI and Article VI , Sections 15.4, 15.11 XVI and 15.12 Section 17.4 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorany member of the Avolon Group’s rights to act as Collection Agent the Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of the Borrower, the LendersBank, the Agents Lender, the LC Issuer, the Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorG&K’s rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the Lenders, the Agents and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; providedPROVIDED, howeverHOWEVER, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Bowater's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the Lenders, the LC Issuers, the Agents and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Bowater's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorG&K’s rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; providedPROVIDED, howeverHOWEVER, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s ChoicePoint's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Baldor, Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Master Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorBaldor’s rights to act as Collection Agent Master Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of the Borrower, the LendersLender, the Agents Administrator and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by the Borrower or Collection Agent the Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorJarden’s rights to act as Collection Agent the Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Oxford's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent either Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s U.S. Xpress' and Global's rights to act as Collection Agent Servicers hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; providedPROVIDED, howeverHOWEVER, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Interface's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the Lenders, the Agents and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s rights to act as Collection Agent hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Toro, Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Toro's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of the Borrower, the Issuing Lender, the Lenders, the Agents Administrator and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by the Borrower or Collection Agent the Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 and any breach by the Borrower or the Servicer pursuant to Sections 8.9, 8.10, 8.23, 8.24, and 8.25 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorJarden’s rights to act as Collection Agent the Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of the Borrower, the Lenders, the Agents Administrator and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by the Borrower or Collection Agent the Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 and any breach by the Borrower or the Servicer pursuant to Sections 8.9, 8.10, 8.23, 8.24, and 8.25 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritorJarden’s rights to act as Collection Agent the Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of BorrowerSeller, Servicer, Purchaser, the Lenders, the Agents Agent and their respective successors and assigns, and the provisions of Article VI Section 4.02 and Article XIV XIII shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, that nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIIISection 12.01. 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 such time, after the Commitment Termination Date, when as all Undivided Interests shall have been reduced to zero and all Obligations shall have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower Seller or Collection Agent Sunterra pursuant to Article VIII VI and the indemnification and payment provisions of Article XIV XIII and Article VI Sections 4.02, Sections 15.4, 15.11 14.05 and 15.12 14.06 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s rights to act as Collection Agent hereunder or under any other Transaction DocumentAgreement.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; providedPROVIDED, howeverHOWEVER, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s G&K's rights to act as Collection Agent Servicer hereunder or under any other Transaction Document.

Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of Borrower, the LendersBank, the Agents Covenant Nevada, Lender, Administrator, and their respective successors and assigns, and the provisions of Article VI and Article XIV shall inure to the benefit of the Affected Parties and the Indemnified Parties, respectively, and their respective successors and assigns; provided, however, nothing in the foregoing shall be deemed to authorize any assignment not permitted by Article XIII. 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 such time, after the Commitment Termination Date, when all Obligations have been finally and fully paid and performed. The rights and remedies with respect to any breach of any representation and warranty made by Borrower or Collection Agent Master Servicer pursuant to Article VIII and the indemnification and payment provisions of Article XIV and Article VI VI, Sections 15.4, 15.11 and 15.12 shall be continuing and shall survive any termination of this Agreement and any termination of ArvinMeritor’s Covenant Nevada's rights to act as Collection Agent Master Servicer hereunder or under any other Transaction Document.