Common use of No Duty to Confirm Clause in Contracts

No Duty to Confirm. The Indenture Trustee, the Delaware Trustee and the Owner Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in the Servicer’s Certificate delivered by the Servicer to the Indenture Trustee, the Delaware Trustee and the Owner Trustee, and the Indenture Trustee, the Delaware Trustee and the Owner Trustee shall be fully protected in relying upon such Servicer’s Certificate with no liability therefor. Delivery of the Servicer’s Certificate to the Indenture Trustee, the Delaware Trustee and the Owner Trustee is for informational purposes only and the Indenture Trustee’s, the Delaware Trustee’s and the Owner Trustee’s receipt of such shall not constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Issuer’s compliance with any of its covenants hereunder (as to which the Indenture Trustee, the Delaware Trustee and the Owner Trustee are entitled to rely exclusively on Officer’s Certificates).

Appears in 6 contracts

Samples: Servicing Agreement (Fifth Third Auto Trust 2017-1), Servicing Agreement (Fifth Third Auto Trust 2019-1), Servicing Agreement (Fifth Third Holdings Funding, LLC)

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