Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 48 contracts
Sources: Trust Agreement (Nissan Auto Receivables 2025-B Owner Trust), Trust Agreement (Nissan Auto Receivables 2025-B Owner Trust), Trust Agreement (Nissan Auto Receivables 2025-a Owner Trust)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 41 contracts
Sources: Trust Agreement (Nissan Auto Receivables 2015-C Owner Trust), Trust Agreement (Nissan Auto Receivables 2015-C Owner Trust), Trust Agreement (Nissan Auto Receivables Corp Ii)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 27 contracts
Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2006-1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Inc), Sale and Servicing Agreement (Usaa Auto Owner Trust 2003-1)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 21 contracts
Sources: Trust Agreement (Nissan Auto Receivables Corp /De), Trust Agreement (Nissan Auto Receivables 2005-a Owner Trust), Trust Agreement (Nissan Auto Receivables Corp Ii)
Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ ' rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 15 contracts
Sources: Trust Agreement (Household Auto Receivables Corp), Trust Agreement (Household Auto Receivables Corp), Trust Agreement (Household Automotive Trust v Series 2000 2)
Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 11 contracts
Sources: Trust Agreement (HSBC Auto Receivables Corp), Trust Agreement (Household Automotive Trust 2004-1), Trust Agreement (Household Auto Receivables Corp)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 5 contracts
Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (Merrill Auto Trust Securitization 2008-1), Sale and Servicing Agreement (Usaa Acceptance LLC)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to or affecting creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Gs Auto Loan Trust 2004-1), Sale and Servicing Agreement (GS Auto Loan Trust 2006-1), Sale and Servicing Agreement (GS Auto Loan Trust 2007-1)
Binding Obligations. This Agreement is constitutes a legal, valid valid, and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2005-B insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 1 contract
Sources: Trust Agreement (Nissan Auto Receivables 2005-B Owner Trust)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 1 contract
Sources: Sale and Servicing Agreement (GS Auto Loan Trust 2005-1)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2006-A insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 1 contract
Sources: Trust Agreement (Nissan Auto Receivables 2006-a Owner Trust)
Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ ' rights generally and by general be equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 1 contract
Sources: Trust Agreement (Advanta Automobile Receivables Trust 1997-2)
Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting creditors’ the enforcement of creditors rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 1 contract
Sources: Trust Agreement (Household Automotive Trust 2001-1)