NEGATIVE COVENANTS OF SELLER AND SERVICER Sample Clauses

NEGATIVE COVENANTS OF SELLER AND SERVICER. From the date hereof until the Final Payout Date, Seller and Servicer each severally agrees that it will not, without the prior written consent of the Administrator:
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NEGATIVE COVENANTS OF SELLER AND SERVICER. Until the date on which the Aggregate Unpaids have been indefeasibly paid in full, each of the Seller and the Servicer hereby covenants, that:

Related to NEGATIVE COVENANTS OF SELLER AND SERVICER

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • Covenants of Sellers Sellers agree that:

  • Negative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, that:

  • COVENANTS OF SELLER AND BUYER Seller and Buyer each covenant with the other as follows:

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Covenants of Servicer Unless required by law or court order, the Servicer will not release the Financed Vehicle securing any Receivable from the security interest granted by such Receivable in whole or in part except (i) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency which the Servicer would not attempt to collect in accordance with its Customary Servicing Practices, (ii) in connection with repossession or (iii) as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.

  • PRE-CLOSING COVENANTS OF SELLER Seller hereby covenants and agrees that, between the date hereof and the Closing, it will comply with the provisions of this Article IV, except to the extent Purchaser may otherwise consent in writing.

  • Affirmative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, as set forth below:

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