Common use of Indemnities of Servicer Clause in Contracts

Indemnities of Servicer. 48 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 Section 6.03. Merger27 SECTION 6.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. ...................28 SECTION 6.4 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS28 SECTION 6.5

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ......................38 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 38 Section 6.05. AHFC 7.05 DCS Not to To Resign as Servicer.............................................................49 ..............................................................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0341 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04...............................................42 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..........................................................................................43 SECTION 7.05. AHFC CFSC Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS...........................................................................................................43

Indemnities of Servicer. 48 Section 6.0366 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Standby Servicer.........................48 Section 6.04...................................... 67 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05........................................ 68 8.5. AHFC Servicer and Standby Servicer Not to Resign as Servicer.............................................................49 Resign........................................ 69 ARTICLE SEVEN SERVICER DEFAULTSIX

Indemnities of Servicer. 48 Section 6.0337 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.................................. 37 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05............ 38 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 ............................. 38 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0330 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04..................................................32 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..................32 SECTION 7.5. AHFC Compass Bank Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS..........................33 SECTION 7.6. Existence.......................................................33 SECTION 7.7. Servicer May Own Notes or Certificates..........................33

Indemnities of Servicer. 48 Section 6.0338 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04............................39 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05......39 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 .......................40 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ..................................................................38 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ............................38 Section 6.05. AHFC 7.05 DCFS Not to To Resign as Servicer.............................................................49 ............................................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 47 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 Section 6.0340 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.......................................42 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05...........................................................................................42 SECTION 7.05. AHFC CFSC Not to To Resign as Servicer.............................................................49 ..................................................................................................................43 ARTICLE SEVEN SERVICER DEFAULTSVIII DEFAULT...............................................................................................................................................................43

Indemnities of Servicer. 48 Section 6.0342 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04....................................................................44 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.0546 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 Resign................................................46 ARTICLE SEVEN IX SERVICER DEFAULTSTERMINATION EVENTS...........................................................................47

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ................................................... 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 Servicer............................ 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing L.P. Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS............ 19

Indemnities of Servicer. 48 Section 6.0344 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04...........45 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......45 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................46 SECTION 13.06.

Indemnities of Servicer. 48 53 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 ................................................ 53 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 ............. 53 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ARTICLE SEVEN ............................. 54 SERVICER DEFAULTS

Indemnities of Servicer. 48 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer...................................................................... 48 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 ................ 49 Section 6.05. AHFC Not to Resign as Servicer............................................................................................. 49 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 49 Section 6.037.3. Merger, Merger or Consolidation of or Assumption of the Obligations of Servicer.........................48 .......................................................... 50 Section 6.047.4. Limitation on Liability of Servicer and Others.............................................48 ....................... 51 Section 6.057.5. AHFC [______] Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS................................... 51 Section 7.6. Servicer May Own Certificates........................................ 51 Section 7.7. Existence............................................................ 52

Indemnities of Servicer. 48 3 Section 6.032.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Backup Servicer.........................48 ........................................................................... 4 Section 6.042.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Backup Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign................................................ 5

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer .............................17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 ..........................18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing Corporation Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSServicer ..............................................19

Indemnities of Servicer. 48 Section 6.0329 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04........................30 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05...............31 SECTION 7.5. AHFC Credit Not to Resign as Servicer.............................................................49 .............................32 SECTION 7.6. Servicer to Act as Administrator.............................32 ARTICLE SEVEN SERVICER DEFAULTSVIII Default...................................32 SECTION 8.1. Servicer Default.............................................32 Page

Indemnities of Servicer. 48 Section 6.0369 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04............................................71 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..............................................71 SECTION 7.5. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSTo Resign..................................72

Indemnities of Servicer. 48 45 Section 6.03. Merger8.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 .........46 Section 6.04. 8.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ....................................46 ARTICLE SEVEN SERVICER DEFAULTSIX Default...............................................................................46

Indemnities of Servicer. 48 Section 6.03SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04....................................................................50 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05........................................51 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 Resign...........................................52 ARTICLE SEVEN IX SERVICER DEFAULTSTERMINATION EVENTS...........................................................................53

Indemnities of Servicer. 48 Section 6.0347 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04.....................................49 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..............49 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign......................................50 SECTION 13.06.

Indemnities of Servicer. 48 47 Section 6.037.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.............................................................48 Section 6.047.04. Limitation on Liability of Servicer and Others...........................................................48 Section 6.057.05. AHFC [Reserved]..................................................49 Section 7.06. Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign......................................49

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ................................37 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 .......................................................38 Section 6.05. AHFC 7.05 DCS Not to To Resign as Servicer.............................................................49 ........................................................................38 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.03. Merger53 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. .......................................................... 54 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ........................ 55 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 ........................................ 55 TABLE OF CONTENTS (CONTINUED) ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer .......................... 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 ....................... 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing Corporation Not to Resign as Servicer.............................................................49 Servicer ........................................... 19 ARTICLE SEVEN SERVICER DEFAULTSV

Indemnities of Servicer. 48 Section 6.03. Merger55 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, Servicer ......................................................... 56 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Others ................... 57 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 Servicer ................................... 57 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.0346 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.0447 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......47 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................48 SECTION 13.06.

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer ....................................... 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 ............................ 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing L.P. Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSServicer ............ 19

Indemnities of Servicer. 48 Section 6.0342 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04..................................43 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..............43 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign......................................44 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................................................................48 Section 6.04. Limitation on Liability of Servicer and Others..........................................................48 Section 6.05. AHFC Not to Resign as Servicer..........................................................................................49 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 49 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 ................................49 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 .............50 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 .............................50 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer ............................... 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 Servicer.......................... 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing Corporation Not to Resign as Servicer.............................................................49 Servicer ................................................ 19 ARTICLE SEVEN SERVICER DEFAULTSV

Indemnities of Servicer. 48 Section 6.03. Merger45 SECTION 7.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, [ ].................47 SECTION 7.4 Limitation on Liability of Servicer [ ] and Others.............................................48 Section 6.05. AHFC ...........47 SECTION 7.5 [ ] Not to To Resign as Servicer.............................................................49 .......................47 SECTION 7.6 Corporate Existence....................................48 ARTICLE SEVEN SERVICER DEFAULTS8. Default

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ..................................................................38 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ............................38 Section 6.05. AHFC 7.05 DCS Not to To Resign as Servicer.............................................................49 .............................................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 53 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 53 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 54 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 54 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 Section 6.03. Merger53 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, Servicer ............................................... 54 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Others ......................... 55 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 Servicer ......................................... 55 TABLE OF CONTENTS (CONTINUED) PAGE ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 58 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ......................59 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 .................................................60 Section 6.05. AHFC 7.05 Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign.........................................................................60

Indemnities of Servicer. 48 Section 6.0337 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04............................ 38 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05...... 39 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 ....................... 39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0338 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04........................................39 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..................40 SECTION 7.05. AHFC CFSC Not to To Resign as Servicer.............................................................49 ..................................40 ARTICLE SEVEN SERVICER DEFAULTSVIII DEFAULT..................................................................40

Indemnities of Servicer. 48 Section 6.03. Merger56 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ............ 57 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ....................................... 58 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 ....................................................... 58 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.03. Merger55 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. .................56 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ............................................57 SECTION 7.05 TMCC Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS............................................................57

Indemnities of Servicer. 48 Section 6.03. Merger59 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ......................................60 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ................61 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 ................................61 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.036.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer...........................................48 Section 6.046.4. Limitation on Liability of Servicer and Others.............................................48 49 Section 6.056.5. AHFC Chevy Chase Bank, F.S.B. Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS.........................................49

Indemnities of Servicer. 48 Section 6.0340 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.......................................41 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.................42 SECTION 7.05. AHFC CFSC Not to To Resign as Servicer.............................................................49 .................................42 ARTICLE SEVEN SERVICER DEFAULTSVIII DEFAULT..................................................................43

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ..................... 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 Servicer............... 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing Corporation Not to Resign as Servicer.............................................................49 ...................................... 19 ARTICLE SEVEN SERVICER DEFAULTSV

Indemnities of Servicer. 48 Section 6.03. Merger56 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ........................................................... 57 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ..................... 58 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS..................................... 58 ii (Nissan 2004-B Sale and Servicing Agreement) TABLE OF CONTENTS (CONTINUED)

Indemnities of Servicer. 48 Section 6.0357 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04......................................58 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05Other.................59 SECTION 7.5. AHFC Servicer Not to Resign as Servicer.............................................................49 To Resign........................................59 ARTICLE SEVEN SERVICER DEFAULTSVII -A The Transferor

Indemnities of Servicer. 48 38 Section 6.037.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ........................................39 Section 6.047.04. Limitation on Liability of Servicer and Others.............................................48 ..................40 Section 6.057.05. AHFC Advanta Bank Corp. Not to To Resign as Servicer.............................................................49 ....................40 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.0349 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04of, Servicer or Back-up Servicer ............ 51 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05Others ............ 52 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 ............... 52 ARTICLE SEVEN IX SERVICER DEFAULTSTERMINATION EVENTS ...................................... 53

Indemnities of Servicer. 48 Section 6.03. Merger51 SECTION 7.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ............................... 52 SECTION 7.4 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ......... 52 SECTION 7.5 Servicer Not to Resign as Servicer.............................................................49 To Resign................................. 53 ARTICLE SEVEN SERVICER DEFAULTSVII-A THE TRANSFEROR.............................................. 53

Indemnities of Servicer. 48 47 Section 6.037.3. Merger, Merger or Consolidation or of Servicer; Assumption of the Obligations of Servicer...................................................................48 Section 6.047.4. Limitation on Liability of Servicer and Others................................................................48 Section 6.057.5. AHFC [______] Not to To Resign as Servicer............................................................................................48 Section 7.6. Servicer May Own Certificates....................................49 ARTICLE SEVEN SERVICER DEFAULTSSection 7.7. Existence........................................................49

Indemnities of Servicer. 48 16 Section 6.03. Merger4.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer ............................ 17 Section 6.04. 4.4 Limitation on Liability of Servicer and Others.............................................48 ....................... 18 Section 6.05. AHFC 4.5 Xxxxxx Xxx Servicing Corporation Not to Resign as Servicer.............................................................49 Servicer ............................................. 19 ARTICLE SEVEN SERVICER DEFAULTSV

Indemnities of Servicer. 48 Section 6.0335 SECTION 12.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04................................................................................37 SECTION 12.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..........................................37 SECTION 12.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign..................................................................38 SECTION 12.06.

Indemnities of Servicer. 48 Section 6.0337 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.............................. 38 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......... 38 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 ........................... 39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 40 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 .....................................41 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ...............42 Section 6.05. AHFC 7.05 DCFS Not to To Resign as Servicer.............................................................49 ...............................42 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0340 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04...............42 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......43 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................43 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.03. Merger54 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, Servicer ..................................................... 55 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC .................... 56 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 .................................... 57 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.03. Merger49 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ..............................................................................50 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ............................................51 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 ............................................................51 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ..........................................................................37 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ........................................38 Section 6.05. AHFC 7.05 DCS Not to To Resign as Servicer.............................................................49 .........................................................38 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.03. Merger61 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, Servicer ....... 63 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Others .................................. 63 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 Servicer .................................................. 64 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.0349 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04........................................................51 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05........................................52 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...........................................53

Indemnities of Servicer. 48 Section 6.03. Merger54 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ............................................................56 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC .................................56 SECTION 7.05 TMCC Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS.................................................57

Indemnities of Servicer. 48 Section 6.0346 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................Servicer ......................48 Section 6.04SECTION 13.04. Limitation on Liability of Servicer and Others.............................................Others ...........48 Section 6.05SECTION 13.05. AHFC Servicer Not to Resign as Servicer................................................................................................49 ARTICLE SEVEN SERVICER DEFAULTSSECTION 13.06.

Indemnities of Servicer. 48 Section 6.03. Merger45 SECTION 13.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. .... 47 SECTION 13.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ............................... 47 SECTION 13.05 Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSTo Resign....................................................... 47 SECTION 13.06

Indemnities of Servicer. 48 Section 6.0340 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04........................42 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..........42 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign..................................43 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.0377 SECTION 10.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, the Servicer.........................48 Section 6.04...........78 SECTION 10.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..........................................79 SECTION 10.5. AHFC Other Costs and Expenses................................................................79 SECTION 10.6. Case Credit Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS...................................................80

Indemnities of Servicer. 48 Section 6.0369 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.......................................71 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.........................................71 SECTION 7.5. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSTo Resign.............................72

Indemnities of Servicer. 48 Section 6.0346 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of. Servicer.........................48 Section 6.04........................... 47 SECTION 13.04. Limitation on Liability of Servicer and Others................................................... 48 Section 6.05SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign.............................. 48 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.0336 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04.....................37 -ii- SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......38 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................38 SECTION 13.06. Delegation of Duties.................................38

Indemnities of Servicer. 48 Section 6.0341 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04........................................................43 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05........................................44 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 Resign...........................................44 ARTICLE SEVEN IX SERVICER DEFAULTSTERMINATION EVENTS...........................................................................45

Indemnities of Servicer. 48 Section 6.0332 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04.................................34 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05...........35 SECTION 7.5. AHFC Case Credit Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS....................35 SECTION 7.6. Servicer to Act as Administrator.........................36

Indemnities of Servicer. 48 Section 6.0338 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04...................................39 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.............40 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 ..............................40 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0341 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04........................................................43 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05........................................44 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 Resign...........................................45 Page ARTICLE SEVEN IX SERVICER DEFAULTSTERMINATION EVENTS...........................................................................45

Indemnities of Servicer. 48 Section 6.0337 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04................................................38 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..............38 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 ...............................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.03. Merger54 SECTION 7.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04. of, Servicer ............ 55 SECTION 7.4 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Others ....................................... 55 SECTION 7.5 Servicer Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS............................................................... 56 SECTION 7.

Indemnities of Servicer. 48 Section 6.0342 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04.....................................44 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05................44 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign........................................45 SECTION 13.06.

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 .....38 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ............................38 Section 6.05. AHFC 7.05 DCFS Not to To Resign as Servicer.............................................................49 ............................................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 53 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 .......................................53 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 ................53 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ................................54 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 40 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ................ 41 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ....................................... 41 Section 6.05. AHFC 7.05 World Omni Not to To Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS................................................. 42

Indemnities of Servicer. 48 Section 6.0344 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04..................45 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......45 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................46 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.0339 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04...................41 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......41 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................42 SECTION 13.06. Delegation of Duties.................................42

Indemnities of Servicer. 48 4 Section 6.03. Merger, Consolidation or Assumption of the Obligations of Servicer.........................48 ........................4 Section 6.04. Limitation on Liability of Servicer and Others.............................................48 ............................................4 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ............................................................4 ARTICLE SEVEN SERVICER DEFAULTS

Indemnities of Servicer. 48 Section 6.0352 SECTION 7.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04............................ 54 SECTION 7.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.05......... 55 SECTION 7.5. AHFC Credit Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTS....................... 56 SECTION 7.6. Servicer to Act as Administrator....................... 56

Indemnities of Servicer. 48 56 Section 6.03. Merger8.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 of, Servicer or Backup Servicer ............ 57 Section 6.04. 8.4 Limitation on Liability of Servicer and Others.............................................48 Others ........... 58 Section 6.05. AHFC 8.5 Servicer and Backup Servicer Not to Resign as Servicer.............................................................49 ............... 58 ARTICLE SEVEN SERVICER DEFAULTSIX DEFAULT Section 9.1

Indemnities of Servicer. 48 37 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ................38 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ...........................................38 Section 6.05. AHFC 7.05 Servicer Not to Resign as Servicer.............................................................49 To Resign...................................................................38 ARTICLE SEVEN SERVICER DEFAULTSVIII DEFAULT.........................................................................................39

Indemnities of Servicer. 48 Section 6.03. Merger49 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ............50 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC .......................................51 SECTION 7.05 TMCC Not to To Resign as Servicer.............................................................49 .......................................................51 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 Section 6.03. Merger57 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. .............................................................59 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC .......................59 SECTION 7.05 NMAC Not to To Resign as Servicer.............................................................49 .......................................60 ARTICLE SEVEN SERVICER DEFAULTSVIII

Indemnities of Servicer. 48 40 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ..................................................................41 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ............................42 Section 6.05. AHFC 7.05 DCFS Not to To Resign as Servicer.............................................................49 ............................................42 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 43 Section 6.03. Merger8.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 .........43 Section 6.04. 8.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 ....................................44 ARTICLE SEVEN SERVICER DEFAULTSIX Default...............................................................................44

Indemnities of Servicer. 48 40 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 .....41 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 ............................41 Section 6.05. AHFC 7.05 DCFS Not to To Resign as Servicer.............................................................49 ............................................42 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0344 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04.................................45 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05.......45 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign...............................46 SECTION 13.06.

Indemnities of Servicer. 48 35 Section 6.03. Merger7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 ...........................36 Section 6.04. 7.04 Limitation on Liability of Servicer and Others.............................................48 .........36 Section 6.05. AHFC 7.05 Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSTo Resign.................................37

Indemnities of Servicer. 48 Section 6.0337 SECTION 7.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04....................38 SECTION 7.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05..................................38 SECTION 7.05. AHFC CFC Not to To Resign as Servicer.............................................................49 .................39 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.03. Merger38 SECTION 7.03 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. ................................................40 SECTION 7.04 Limitation on Liability of Servicer and Others.............................................48 Section 6.05. AHFC ...................41 SECTION 7.05 JDCC Not to Resign as Servicer.............................................................49 ...................................41 SECTION 7.06 Servicer to Act as Administrator.................................42 ARTICLE SEVEN SERVICER DEFAULTSVIII Default

Indemnities of Servicer. 48 Section 6.0346 SECTION 13.03. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of Servicer.........................48 Section 6.04..................................47 SECTION 13.04. Limitation on Liability of Servicer and Others.............................................48 Section 6.05...............47 SECTION 13.05. AHFC Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign.......................................48 SECTION 13.06.

Indemnities of Servicer. 48 Section 6.03. Merger46 SECTION 7.3 Merger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer.........................48 Section 6.04. .................................. 47 SECTION 7.4 Limitation on Liability of Servicer and Others......................................................... 49 SECTION 7.5 Servicer Not To Resign.................................... 48 Section 6.05. AHFC Not to Resign as Servicer.............................................................49 -ii- 4 ARTICLE SEVEN SERVICER DEFAULTSVIIA The Servicer and the Representative

Indemnities of Servicer. 48 Section 6.0339 SECTION 8.3. MergerMerger or Consolidation of, Consolidation or Assumption of the Obligations of of, Servicer or Back-up Servicer.........................48 Section 6.04....................................................................41 SECTION 8.4. Limitation on Liability of Servicer and Others.............................................48 Section 6.0543 SECTION 8.5. AHFC Servicer and Back-up Servicer Not to Resign as Servicer.............................................................49 ARTICLE SEVEN SERVICER DEFAULTSResign................................................43