Insurance Payments. Such Seller is not obligated to, and does not, pay any premiums or any other amounts in connection with any insurance policy, surety bond or other credit source relating to the Conveyed Contract Assets. Such Seller is not obligated to, and does not, pay any amounts in connection with any swap, hedge or other derivative agreement on behalf of the Purchaser or any holder of an interest relating to the Conveyed Contract Assets.
Appears in 2 contracts
Samples: Receivables Sale Agreement (SNAP-ON Inc), Loan and Servicing Agreement (SNAP-ON Inc)
Insurance Payments. Such The Seller is not obligated to, and does not, pay any premiums or any other amounts in connection with any insurance policy, surety bond or other credit source relating to the Conveyed Contract Assets. Such The Seller is not obligated to, and does not, pay any amounts in connection with any swap, hedge or other derivative agreement on behalf of the Purchaser or any holder of an interest relating to the Conveyed Contract Assets.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Harley Davidson Inc), Receivables Sale Agreement (Harley Davidson Inc)