Binding Obligation (d). The Receivable constitutes the legal and binding payment obligation in writing of the Obligor, enforceable by the holder thereof in all material respects, subject as to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other laws and equitable principles, consumer protection laws and the Servicemembers Civil Relief Act.
Appears in 17 contracts
Sources: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Binding Obligation (d). The Receivable constitutes the legal and binding payment obligation in writing of the Obligor, enforceable in all material respects by the holder thereof in all material respectsaccordance with its terms, subject as to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles, consumer protection laws and the Servicemembers Civil Relief Act.. Retail Contract List of Approved Forms
Appears in 6 contracts
Sources: Asset Representations Review Agreement (Usaa Acceptance LLC), Asset Representations Review Agreement (Usaa Acceptance LLC), Asset Representations Review Agreement (Usaa Acceptance LLC)