Common use of Custody of Receivable Files Clause in Contracts

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 134 contracts

Samples: Sale and Servicing Agreement (Honda Auto Receivables 2014-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2016-2 Owner Trust), Sale and Servicing Agreement (American Honda Receivables LLC)

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Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 49 contracts

Samples: Sale and Servicing Agreement (Chrysler Financial Auto Securitization Trust 2009-A), Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2007-A), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-B)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer Issuer, upon the execution and delivery of this Agreement, hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the IssuerIssuer pursuant to the Indenture, as of the Closing Date with respect to each Receivable:

Appears in 49 contracts

Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2007-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2007-2), Sale and Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably Issuer, upon the execution and delivery of this Agreement, appoints the Servicer, and the Servicer accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which that are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 40 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii), Sale and Servicing Agreement (Nissan Auto Receivables 2011-B Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii)

Custody of Receivable Files. (a) To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the ServicerServicer as its agent, and the Servicer hereby accepts such appointment, to act for the benefit as custodian, on behalf of the Issuer and the Indenture Trustee as custodian Trustee, of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of Trust Property pursuant to the Closing Date Indenture with respect to each Receivable:Receivable (collectively, a “Receivable File”):

Appears in 35 contracts

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2019-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2022-1), Sale and Servicing Agreement (Mercedes Benz Auto Receivables Trust 2012-1)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments Receivable Files, which are hereby constructively delivered by the Issuer to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:.

Appears in 15 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2002-A), Sale and Servicing Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1), Form of Sale and Servicing Agreement (National City Bank /)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably Issuer, upon the execution and delivery of this Agreement, appoints the Servicer, and the Servicer accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which that are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:Receivable (but only to the extent applicable to such Receivable and only to the extent held in tangible paper form or electronic form) (collectively, the “Receivable Files”):

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2013-B Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2014-a Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, Issuer as of the Closing Date with respect to each ReceivableDate:

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Form of Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Form of Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer and the Trustee hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 6 contracts

Samples: Form of Sale and Servicing Agreement (Mellon Auto Receivables Corp), Sale and Servicing Agreement (Barnett Auto Receivables Corp), Sale and Servicing Agreement (Ace Securities Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or shall hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Deere John Receivables Inc), Sale and Servicing Agreement (Deere John Receivables Inc), Sale and Servicing Agreement (Deere John Receivables Inc)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Initial Receivable and as of the Subsequent Transfer Date with respect to each Subsequent Receivable:

Appears in 4 contracts

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC), Sale and Servicing Agreement (World Omni Auto Receivables LLC), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2005-A)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer Issuer, upon the execution and delivery of this Agreement, hereby revocably appoints the Master Servicer, and the Master Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the IssuerIssuer pursuant to the Indenture, as of the Closing Date with respect to each Receivable:

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Merrill Auto Trust Securitization 2008-1), Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Merrill Auto Trust Securitization 2005-1)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the The Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the IssuerIssuer pursuant to the Indenture, as of the Closing Date with respect to each Receivable:

Appears in 4 contracts

Samples: Sale and Servicing Agreement (GS Auto Loan Trust 2005-1), Sale and Servicing Agreement (GS Auto Loan Trust 2006-1), Sale and Servicing Agreement (Gs Auto Loan Trust 2004-1)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the ServicerServicer as its agent, and the Servicer hereby accepts such appointment, to act for the benefit as custodian on behalf of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of Trust Property pursuant to the Closing Date Indenture with respect to each Receivable:Receivable (collectively, a "Receivable File"):

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2005-A), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2004-B)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably irrevocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:Receivable (the "Receivable Files"):

Appears in 2 contracts

Samples: Receivables Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc), Bear Stearns Asset Backed Funding Inc

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture TrusteeTrustee and the Indenture Administrator, as of the Cutoff Date as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Franklin Receivables LLC), Sale and Servicing (Franklin Auto Trust 2005-1)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as of the Cutoff Date as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Franklin Auto Trust 2007-1), Sale and Servicing Agreement (Franklin Auto Trust 2006-1)

Custody of Receivable Files. To assure uniform quality --------------------------- in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC), Form of Sale and Servicing Agreement (Morgan Stanley Abs Capital Ii Inc)

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Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably Issuer, upon the execution and delivery of this Agreement, appoints the Servicer, and the Servicer accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which that are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:: (Nissan 2013-A Sale and Servicing Agreement)

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2013-a Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2013-a Owner Trust)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as of the Cutoff Date as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 1 contract

Samples: Execution Copy (Franklin Receivables LLC)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 1 contract

Samples: Sale and Servicing Agreement (American Honda Receivables Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby Issuer, upon the execution and delivery of this Agreement, revocably appoints the Servicer, and the Servicer accepts such appointment, to act for the benefit as custodian on behalf of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the IssuerIssuer pursuant to the Indenture, as of the Closing Date with respect to each Receivable:Receivable (collectively, a "Receivable File"):

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered by the Issuer to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Merchants Acceptance Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby constructively delivered to the Indenture Trustee and the Indenture Trustee, as of the Cutoff Date as pledgee of the Issuer, as of the Closing Date Issuer with respect to each Receivable:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Franklin Auto Trust 2008-A)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments Receivable Files, which are hereby constructively delivered by the Issuer to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)

Custody of Receivable Files. To assure uniform quality in --------------------------- servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, Issuer as of the Closing Date with respect to each ReceivableDate:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Asset Backed Securities Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date (in the case of the Receivables) and the applicable Transfer Date (in the case of Eligible Investment Receivables) with respect to each Receivable:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1996-4)

Custody of Receivable Files. To assure uniform quality in --------------------------- servicing the Receivables and to reduce administrative costs, the Issuer hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuer and the Indenture Trustee as custodian of the following documents or instruments which are hereby or shall hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuer, as of the Closing Date with respect to each Receivable:

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuer Issuer, upon the execution and delivery of this Agreement, hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuer and the Indenture Trustee as custodian of the following documents or instruments instruments, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the IssuerIssuer pursuant to the Indenture (collectively, as of the Closing Date with respect to each Receivable:a "Receivable File"):

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)

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