Common use of Payment of Fees and Indemnities Clause in Contracts

Payment of Fees and Indemnities. The Asset Representations Reviewer shall submit reasonably detailed invoices to the Sponsor for any amounts owed to it under this Agreement. To the extent not paid by the Sponsor and outstanding for at least 60 days, the fees and indemnities provided for in this Section 4.3 shall be paid by the Issuer pursuant to Section 5.06 of the Sale and Servicing Agreement; provided, that prior to such payment pursuant to the Sale and Servicing Agreement, the Asset Representations Reviewer shall notify the Sponsor in writing that such fees and indemnities have been outstanding for at least 60 days. If such fees and indemnities are paid pursuant to Section 5.06 of the Sale and Servicing Agreement, the Sponsor shall reimburse the Issuer in full for such payments.

Appears in 41 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Receivables 2024-a Owner Trust), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (Nissan Auto Receivables 2024-a Owner Trust)

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Payment of Fees and Indemnities. The Asset Representations Reviewer shall submit reasonably detailed invoices to the Sponsor for any amounts owed to it under this Agreement. To the extent not paid by the Sponsor and outstanding for at least 60 days, the fees and indemnities provided for in this Section 4.3 shall be paid by the Issuer pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture; provided, that prior to such payment pursuant to the Sale and Servicing AgreementIndenture, the Asset Representations Reviewer shall notify the Sponsor in writing that such fees and indemnities have been outstanding for at least 60 days. If such fees and indemnities are paid pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture, the Sponsor shall reimburse the Issuer in full for such payments.

Appears in 21 contracts

Samples: Asset Representations Review Agreement, Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii), Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii)

Payment of Fees and Indemnities. The Asset Representations Reviewer shall submit reasonably detailed invoices to the Sponsor for any amounts owed to it under this Agreement. To the extent not paid by the Sponsor and outstanding for at least 60 sixty (60) days, the fees and indemnities provided for in this Section 4.3 shall be paid by the Issuer Issuing Entity pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture; provided, that prior to such payment pursuant to the Sale and Servicing AgreementIndenture, the Asset Representations Reviewer shall notify the Sponsor in writing that such fees and indemnities have been outstanding for at least 60 sixty (60) days. If such fees and indemnities are paid pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture, the Sponsor shall reimburse the Issuer Issuing Entity in full for such payments.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-A), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-A), Asset Representations Review Agreement (Nissan Auto Lease Trust 2023-B)

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Payment of Fees and Indemnities. The Asset Representations Reviewer shall submit reasonably detailed invoices to the Sponsor for any amounts owed to it under this Agreement. To the extent not paid by the Sponsor and outstanding for at least 60 days, the fees and indemnities provided for in this Section 4.3 shall be paid by the Issuer Issuing Entity pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture; provided, that prior to such payment pursuant to the Sale and Servicing AgreementIndenture, the Asset Representations Reviewer shall notify the Sponsor in writing that such fees and indemnities have been outstanding for at least 60 days. If such fees and indemnities are paid pursuant to Section 5.06 8.04 of the Sale and Servicing AgreementIndenture, the Sponsor shall reimburse the Issuer Issuing Entity in full for such payments.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii), Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii), Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii)

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