Common use of Liabilities of Servicer and Others Clause in Contracts

Liabilities of Servicer and Others. 21 SECTION 6.01 Liability of Servicer; Indemnities 21 SECTION 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 6.03 Limitation on Liability of Servicer and Others 23 SECTION 6.04 Delegation of Duties 24 SECTION 6.05 Servicer Not to Resign 24 ARTICLE VII DEFAULT 24 SECTION 7.01 Servicer Defaults 24 SECTION 7.02 Consequences of a Servicer Default 25 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 26

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2017-1), Servicing Agreement (Ally Auto Receivables Trust 2017-1)

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Liabilities of Servicer and Others. 21 SECTION 19 Section 6.01 Liability of Servicer; Indemnities 21 SECTION 19 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 20 Section 6.03 Limitation on Liability of Servicer and Others 23 SECTION 21 Section 6.04 Delegation of Duties 24 SECTION 22 Section 6.05 Servicer Not to Resign 24 22 ARTICLE VII DEFAULT 24 SECTION 22 Section 7.01 Servicer Defaults 24 SECTION 22 Section 7.02 Consequences of a Servicer Default 25 SECTION 23 Section 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 24 Section 7.04 Notification to Noteholders and Certificateholders 26 SECTION 24 Section 7.05 Waiver of Past Defaults 26 24 ARTICLE VIII TERMINATION 2625

Appears in 2 contracts

Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-3), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-3)

Liabilities of Servicer and Others. 21 SECTION 6.01 Liability of Servicer; Indemnities 21 SECTION 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 6.03 Limitation on Liability of Servicer and Others 23 22 SECTION 6.04 Delegation of Duties 24 23 SECTION 6.05 Servicer Not to Resign 24 ARTICLE VII DEFAULT 24 SECTION 7.01 Servicer Defaults 24 SECTION 7.02 Consequences of a Servicer Default 25 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor 26 25 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 26

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2012-3), Servicing Agreement (Ally Auto Receivables Trust 2012-3)

Liabilities of Servicer and Others. 21 SECTION 6.01 Liability of Servicer; Indemnities 21 SECTION 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 23 SECTION 6.03 Limitation on Liability of Servicer and Others 23 SECTION 6.04 Delegation of Duties 24 SECTION 6.05 Servicer Not to Resign 24 ARTICLE VII DEFAULT 24 SECTION 7.01 Servicer Defaults 24 SECTION 7.02 Consequences of a Servicer Default 25 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 2627

Appears in 2 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2017-5), Servicing Agreement (Ally Auto Receivables Trust 2017-5)

Liabilities of Servicer and Others. 21 SECTION 28 Section 6.01 Liability of Servicer; Indemnities 21 SECTION 28 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 30 Section 6.03 Limitation on Liability of Servicer and Others 23 SECTION 30 Section 6.04 Delegation of Duties 24 SECTION 31 Section 6.05 Servicer Not to Resign 24 31 ARTICLE VII DEFAULT 24 SECTION 31 Section 7.01 Servicer Defaults 24 SECTION 31 Section 7.02 Consequences of a Servicer Default 25 SECTION 32 Page Section 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 33 Section 7.04 Notification to Noteholders and Certificateholders 26 SECTION 34 Section 7.05 Waiver of Past Defaults 26 34 Section 7.06 Repayment of Advances 34 ARTICLE VIII TERMINATION 2634

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC)

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Liabilities of Servicer and Others. 21 SECTION 19 Section 6.01 Liability of Servicer; Indemnities 21 SECTION 19 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 21 Section 6.03 Limitation on Liability of Servicer and Others 23 SECTION 21 Section 6.04 Delegation of Duties 24 SECTION 22 Section 6.05 Servicer Not to Resign 24 23 ARTICLE VII DEFAULT 24 SECTION 23 Section 7.01 Servicer Defaults 24 SECTION 23 Section 7.02 Consequences of a Servicer Default 25 SECTION 24 Section 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 2624 i Page

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3)

Liabilities of Servicer and Others. 21 SECTION 19 Section 6.01 Liability of Servicer; Indemnities 21 SECTION 19 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 21 Section 6.03 Limitation on Liability of Servicer and Others 23 SECTION 21 Section 6.04 Delegation of Duties 24 SECTION 22 Section 6.05 Servicer Not to Resign 24 23 ARTICLE VII DEFAULT 24 SECTION 23 Section 7.01 Servicer Defaults 24 SECTION 23 Section 7.02 Consequences of a Servicer Default 25 SECTION 24 Section 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 2624 Page

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-1)

Liabilities of Servicer and Others. 21 SECTION 19 Section 6.01 Liability of Servicer; Indemnities 21 SECTION 19 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of the Servicer 22 SECTION 21 Section 6.03 Limitation on Liability of Servicer and Others 23 SECTION 21 Section 6.04 Delegation of Duties 24 SECTION 22 Section 6.05 Servicer Not to Resign 24 22 ARTICLE VII DEFAULT 24 SECTION 23 Section 7.01 Servicer Defaults 24 SECTION 23 Section 7.02 Consequences of a Servicer Default 25 SECTION 24 Section 7.03 Indenture Trustee to Act; Appointment of Successor 26 SECTION 7.04 Notification to Noteholders and Certificateholders 26 SECTION 7.05 Waiver of Past Defaults 26 ARTICLE VIII TERMINATION 2624 i Page

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-2)

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