Common use of DISCLAIMER BY SECURITY INSURER Clause in Contracts

DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp)

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DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 10 contracts

Samples: Subsequent Transfer Agreement (Franklin Auto Trust 2004-2), Sale and Servicing Agreement (Franklin Receivables Auto Trust 2003-1), Sale and Servicing Agreement (Franklin Auto Trust 2004-1)

DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee Issuer and the Indenture Trustee.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (First Enterprise Financial Group Inc), Sale and Servicing Agreement (First Enterprise Financial Group Inc)

DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note PolicyPolicies) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 3 contracts

Samples: Sale and Servicing (TMS Auto Holdings Inc), Sale and Servicing (Money Store Auto Trust 1996-2), Sale and Servicing (TMS Auto Holdings Inc)

DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note PolicyPolicies) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Olympic Receivables Finance Corp), Sale and Servicing Agreement (Olympic Receivables Finance Corp)

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DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee Issuer, the Agent and the Indenture Trustee.

Appears in 1 contract

Samples: Servicing Agreement (Olympic Financial LTD)

DISCLAIMER BY SECURITY INSURER. The Security Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee Issuer, the Administrative Agent and the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Arcadia Financial LTD)

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