Common use of Parties To Join in Enforcement Action Clause in Contracts

Parties To Join in Enforcement Action. To the extent necessary to enforce any right of the Insurer in or remedy of the Insurer with respect to the Collateral, the parties hereto agree to join in any action initiated by the Insurer for the protection of such right or exercise of such remedy.

Appears in 4 contracts

Samples: Insurance Agreement (Hertz Corp), Insurance Agreement (Hertz Corp), Insurance Agreement (Mony Group Inc)

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Parties To Join in Enforcement Action. (a) To the extent necessary to enforce any right of the Insurer in or remedy of the Insurer with respect to under any Contract or the CollateralFinanced Vehicle related thereto, the parties hereto Servicer, the Originator, the Seller, the Issuer, the Indenture Trustee and the Backup Servicer agree to join in any action initiated by the Indenture Trustee or the Insurer for the protection of such right or exercise of such remedy.

Appears in 1 contract

Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1)

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Parties To Join in Enforcement Action. (a) To the extent necessary to enforce any right of the Insurer in or remedy of the Insurer with respect to under any Contract or the CollateralFinanced Vehicle related thereto, the parties hereto Servicer, the Originator, the Seller, the Issuer and the Indenture Trustee agree to join in any action initiated by the Indenture Trustee or the Insurer for the protection of such right or exercise of such remedy.

Appears in 1 contract

Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3)

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