Common use of Fidelity Bond and Errors and Omissions Policy Clause in Contracts

Fidelity Bond and Errors and Omissions Policy. The Master Servicer or such Eligible Sub-Servicer that is performing the servicing duties of the Master Servicer, has obtained, and shall continue to maintain in full force and effect, a Fidelity Bond and Errors and Omissions Policy of a type and in such amount as is customary for servicers engaged in the business of servicing automobile receivables.

Fidelity Bond and Errors and Omissions Policy. The Master Servicer or such Eligible Sub-Servicer Subservicer that is performing the servicing duties of the Master Servicer, has obtained, and shall continue to maintain in full force and effect, a Fidelity Bond and Errors and Omissions Policy of a type and in such amount as is customary for servicers engaged in the business of servicing automobile motor vehicle receivables.

Fidelity Bond and Errors and Omissions Policy. The Master Servicer or such Eligible Sub-Servicer Subservicer that is performing the servicing duties of the Master Servicer, has obtained, and shall continue to maintain in full force and effect, a Fidelity Bond and Errors and Omissions Policy of a type and in such amount as is customary for servicers engaged in the business of servicing automobile receivables.

Fidelity Bond and Errors and Omissions Policy. The Master Servicer or such Eligible Sub-Servicer that is performing the servicing duties of the Master Servicer, has obtained, and shall continue to maintain in full force and effect, a Fidelity Bond and Errors and Omissions Policy of a type and in such amount as is customary for servicers engaged in the business of servicing automobile receivables.. Trust Accounts; Distributions; Statements to Certificateholders and Noteholders