Other Basic Documents Clause Samples

Other Basic Documents. Each of the Indenture Trustee and Securities Administrator is hereby authorized and directed to execute and deliver the Sale and Servicing Agreement, the Servicing Agreement and any other Basic Documents (other than this Indenture) naming it as a party. Neither the Indenture Trustee nor the Securities Administrator shall be responsible for the sufficiency of the terms of any of the Basic Documents. In entering into and acting under the other Basic Documents, each of the Indenture Trustee and Securities Administrator shall be entitled to all of the rights, immunities, indemnities and other protections set forth in this Article VI.

Other Basic Documents. Each representation and warranty in the RLSA made by or with respect to such Originator or the Receivables to be sold or otherwise conveyed (or purported to be sold or otherwise conveyed) by such Originator hereunder, or made by such Originator in any other Basic Document to which such Originator is a party, is true and correct in all material respects (unless such representation or warranty contains a materiality qualification and, in such case, such representation or warranty shall be true and correct as made) as of the date when made or deemed made.

Other Basic Documents. The Asset Representations Reviewer shall maintain all relevant books, records, reports and other documents and materials for a period of at least two years after the termination of its obligations under this Agreement.

Other Basic Documents. Each Basic Document (other than those referred to in paragraphs (a) and (b) of this Section 4.04 and other than those that are not required to be delivered by the Closing Time pursuant to the Post-Closing Letter) to which any Issuer or any of its respective Subsidiaries is a party (each such party, a “Company Party”) (i) has been duly authorized, executed and delivered by each Company Party and (ii) constitutes a valid and legally binding obligation of each Company Party, enforceable against such Company Party in accordance with its terms, subject to the Enforceability Exceptions.

Other Basic Documents. All representations and warranties in each other Basic Document are true and correct in all material respects.

Other Basic Documents. Each of the other Basic Documents, duly completed and executed, by each party thereto.

Other Basic Documents. Except as expressly provided in the Basic Documents, neither the Depositor, the Servicer nor the Owner Trustee in their respective individual capacities, nor any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns, shall be personally liable for, nor shall recourse be had to any of them for, the distribution of any amount with respect to, or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Certificate or this Agreement, it being expressly understood that said covenants, obligations and indemnifications have been made by the Owner Trustee solely as the Owner Trustee in the assets of the Trust. Each Certificateholder by the acceptance of a Certificate (or beneficial interest therein) shall agree that, except as expressly provided in the Basic Documents, in the case of nonpayment of any amounts with respect to the Certificate, it shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom. In the event that any of the foregoing covenants of each Certificateholder is prohibited by, or declared illegal or otherwise unenforceable against any such Certificateholder under applicable law by any court or other authority of competent jurisdiction, and, as a result, a Certificateholder is deemed to have an interest in any assets of the Depositor or any Affiliate of the Depositor other than the Trust ("other assets"), each Certificateholder agrees that (i) its claim against any such other assets shall be, and hereby is, subject and subordinate in all respects to the rights of other Persons to whom rights in the other assets have been expressly granted ("entitled Persons"), including to the payment in full of all amounts owing to such entitled Persons, and (ii) the covenant set forth in the preceding clause (i) constitutes a "subordination agreement" within the meaning of, and subject to, Section 510(a) of the Bankruptcy Code.

Other Basic Documents. The Basic Documents (other than this Agreement), the Agency Agreement and the Shareholders Release Agreement shall have been duly executed and delivered by each Person party thereto and the Promissory Notes shall have been transferred into the name of the Persons which are Noteholders as of the Effective Date.