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Common use of No Instruments Clause in Contracts

No Instruments. The Servicer shall take no action to cause any Receivable to be evidenced by any Instrument.

Appears in 2 contracts

Sources: Warehouse Agreement (Vroom, Inc.), Warehouse Agreement (Flagship Credit Corp.)

Related Clauses

  • No Documents or Instruments
  • Other Instruments
  • Further Instruments
  • Agreement Not in Breach of Other Instruments
  • Recorded Instruments

Parent Clauses

  • Negative Covenants
  • Covenants of Servicer
  • Covenants of Cac and the Servicer
  • Administration and Servicing of Loans and Contracts
  • General Covenants

Sub-Clauses

  • ACCOUNTS
  • ADDITIONAL DEPOSITS
  • COLLECTIONS
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