Common use of No Impairment Clause in Contracts

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Issuer, the Holding Trust or the Noteholders in the Receivables, the Dealer Agreements, the Direct Lender Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall will do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or Trust, the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property; and

No Impairment. The Servicer shall do nothing to impair the ------------- rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Issuer, the Holding Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer, the Contributor or the Noteholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsLeases, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Assets; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Certificateholders or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Indenture Trustee or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or any other part of the Other Conveyed Property except as otherwise expressly provided herein;Trust Estate.

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer or the Trustee for the benefit of the Noteholders and the Security Insurer in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Third Party Loan Purchase Agreements, the Dealer Assignments, the Third Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Alliance Agreements, the Alliance Assignments, the Master Receivables Purchase Agreements, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other other Seller Conveyed Property except as otherwise expressly provided herein;Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Borrower or the Noteholders Secured Parties in the Transferred Receivables, the Dealer Agreements, the Dealer Assignments, Assignments or the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinPolicies;

No Impairment. The Servicer shall do nothing to not impair the rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Trust Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer or the Noteholders in the Receivablesany Collateral, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments or the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to not impair the rights of the Trust or the Noteholders in the ReceivablesContracts or take any action inconsistent with the Trust's ownership of the Contracts, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Borrower or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;Property.

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders Certificateholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinother Trust Property;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders Securityholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer, the Equity Certificateholder, the Depositor or the Noteholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsContracts, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Assets; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer, the Equity Certificateholders, the Depositor or the Noteholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsContracts, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Assets; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Master Receivables Purchase Agreements, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of ------------- the Trust Trust, the Indenture Trustee or the Noteholders Securityholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsContracts, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property.

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Insurer or the Noteholders Holders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the ------------- rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Custodian or the Noteholders Certificateholders in the ReceivablesPurchased Assets, the Dealer Agreements, the Dealer Assignments, Assignments or the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Indenture Trustee or the Noteholders Securityholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsContracts, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property.

No Impairment. The Servicer shall do nothing to impair ------------- the rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights -------------- of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Borrower or the Noteholders Collateral Agent in the Pledged Receivables, the Dealer Agreements, the Dealer Assignments, Assignments or the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinPolicies;

No Impairment. The Servicer shall do nothing to impair the -------------- rights of the Trust or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Third Party Loan Purchase Agreements, the Dealer Assignments, the Third Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights ------------- of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall will do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to ------------- impair the rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Indenture Trustee, the Note Insurer, or the Noteholders Securityholders in the ReceivablesContracts, the Dealer Agreements, the Dealer Assignments, the Note Insurance Policies Policy or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Purchaser or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property Related Security except as otherwise expressly provided hereinherein or in the Master Receivables Purchase Agreement;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Borrower or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Issuer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders in the Receivables, the Dealer Agreements, the Auto Loan Purchase and Sale Agreements, the Dealer Assignments, the Third-Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;; Back to Contents

No Impairment. The Servicer shall do nothing to impair the ------------- rights of the Trust Borrower or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;Property.

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust[, the Insurer] or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Master Receivables Purchase Agreements, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Indenture Trustee, the Note Insurer, or the Noteholders Securityholders in the ReceivablesLoans, the Dealer Agreements, the Dealer Assignments, the Note Insurance Policies Policy or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Borrower, the Investors or the Noteholders Insurer in the Transferred Receivables, the Dealer Agreements, the Dealer Assignments, Assignments or the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinPolicies;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust or the Noteholders Certificateholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;

No Impairment. The Servicer shall do nothing to impair the ------------- rights of the Trust or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of ------------- the Trust Trust, the Indenture Trustee or the Noteholders Securityholders in the Receivables, the Dealer Agreements, the Dealer AssignmentsContracts, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;other Trust Property; and

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Company, the Lenders or the Noteholders Secured Party in the Receivables, the Dealer AgreementsContracts, the Dealer Assignments, the Insurance Policies insurance policies or the Other Conveyed Property related security or the other Serviced Assets except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the ------------- rights of the Trust or the Noteholders Secured Parties in the Receivables, the Dealer Agreements, the Third Party Loan Purchase Agreements, the Dealer Assignments, the Third Party Lender Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided herein;

No Impairment. The Servicer shall do nothing to impair the rights of the Trust Trust, the Insurer or the Noteholders in the Receivables, the Dealer Agreements, the Dealer Assignments, the Insurance Policies or the Other Conveyed Property except as otherwise expressly provided hereinProperty;