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 Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 79 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2023-B), Sale and Servicing Agreement (CNH Equipment Trust 2012-A), Sale and Servicing Agreement (CNH Equipment Trust 2023-B)

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

Appears in 60 contracts

Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2016-A), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2023-C), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2020-C)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent and as custodian (“Custodian”) of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 35 contracts

Samples: Sale and Servicing Agreement (John Deere Owner Trust 2021-B), Sale and Servicing Agreement (Deere John Capital Corp), Sale and Servicing Agreement (John Deere Owner Trust 2019)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent and as custodian of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 19 contracts

Samples: Sale and Servicing Agreement (John Deere Owner Trust 2010), Sale and Servicing Agreement (John Deere Owner Trust 2013-B), Sale and Servicing Agreement (John Deere Owner Trust 2014)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Depositor and the Issuing Entity Entity, as their interests may appear, hereby revocably appoints appoint the Servicer, and the Servicer hereby accepts such appointment, to act for the benefit of the Issuing Entity and the Indenture Trustee as custodian of the following documents or instrumentsdescribed in the definition of Receivable File, which are hereby constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity with respect to each Receivable:Entity.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2008-A), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2007-A), Form of Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

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Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity and the Trustee hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 2 contracts

Samples: Sale and Servicing (Ace Securities Corp), Sale and Servicing (Ace Securities Corp)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 1 contract

Samples: Sale and Servicing Agreement (John Deere Owner Trust 2006)

Custody of Receivable Files. To assure uniform quality in servicing the Receivables and to reduce administrative costs, the Issuing Entity hereby revocably appoints Form of Sale and Servicing Agreement the Servicer, and the Servicer hereby accepts such appointment, to act for as the benefit agent of the Issuing Entity 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 Issuing Entity with respect to each Receivable:

Appears in 1 contract

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

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