Obligations of Sellers. The obligations of the Sellers under this Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 4 contracts
Samples: Purchase Agreement (Franklin Auto Trust 2008-A), Purchase Agreement (Franklin Auto Trust 2007-1), Purchase Agreement (Franklin Auto Trust 2005-1)
Obligations of Sellers. The obligations of the Sellers each Seller under this Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 2 contracts
Samples: First Tier Receivables Purchase Agreement (Asset Backed Securities Corp), First Tier Receivables Purchase Agreement (Compass Auto Receivables Trust 1998-A)
Obligations of Sellers. The obligations of the Sellers under this Agreement shall not be affected by reason of any invalidity, invalidity illegality or irregularity of any ReceivablePurchased Loan.
Appears in 1 contract
Obligations of Sellers. The obligations of the Sellers under this Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 1 contract