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The Servicer is in possession of all State and local licenses (including all debt collection licenses) required for it to perform its services hereunder, and none of such licenses has been suspended, revoked or terminated, except where the failure to have such licenses would not be reasonably likely to have material adverse effect on its ability to service the Loans or Contracts or on the interest of the Indenture Trustee, the Trust Collateral Agent or the Noteholders.", "snippet_links": [{"key": "by-the-servicer", "type": "clause", "offset": [33, 48]}, {"key": "the-trust-property", "type": "clause", "offset": [89, 107]}, {"key": "dispose-of", "type": "definition", "offset": [126, 136]}, {"key": "financed-vehicles", "type": "clause", "offset": [141, 158]}, {"key": "related-to", "type": "clause", "offset": [159, 169]}, {"key": "in-all-material-respects", "type": "definition", "offset": [198, 222]}, {"key": "conformity-with", "type": "clause", "offset": [227, 242]}, {"key": "the-requirements", "type": "clause", "offset": [243, 259]}, {"key": "applicable-federal-and-state-laws", "type": "clause", "offset": [267, 300]}, {"key": "rules-and-regulations", "type": "definition", "offset": [302, 323]}, {"key": "this-agreement", "type": "clause", "offset": [329, 343]}, {"key": "possession-of", "type": "clause", "offset": [364, 377]}, {"key": "debt-collection", "type": "clause", "offset": [422, 437]}, {"key": "failure-to", "type": "clause", "offset": [585, 595]}, {"key": "likely-to-have", "type": "clause", "offset": [639, 653]}, {"key": "material-adverse-effect-on", "type": "definition", "offset": [654, 680]}, {"key": "ability-to-service", "type": "clause", "offset": [685, 703]}, {"key": "the-loans", "type": "clause", "offset": [704, 713]}, {"key": "the-interest", "type": "clause", "offset": [733, 745]}, {"key": "the-indenture-trustee", "type": "definition", "offset": [749, 770]}, {"key": "the-trust-collateral-agent", "type": "clause", "offset": [772, 798]}, {"key": "the-noteholders", "type": "clause", "offset": [802, 817]}], "size": 38, "samples": [{"hash": "jEIO2gPLDui", "uri": "/contracts/jEIO2gPLDui#practices", "label": "Sale and Servicing Agreement (Credit Acceptance Corp)", "score": 35.7515411377, "published": true}, {"hash": "2SJT6Tgi0YG", "uri": "/contracts/2SJT6Tgi0YG#practices", "label": "Sale and Servicing Agreement (Credit Acceptance Corp)", "score": 35.1601638794, "published": true}, {"hash": "egjj9IhaVpx", "uri": "/contracts/egjj9IhaVpx#practices", "label": "Sale and Servicing Agreement (Credit Acceptance Corp)", "score": 34.8822724162, "published": true}], "hash": "1592cb4b4970374daf71000c421016f7", "id": 1}, {"snippet": "All past practices not superseded by the National Teamsters Addendum or in conflict with the National Teamster Addendum or law, shall continue bargaining unit employees immediately. Thereafter, the Local Parties will meet to negotiate their First Local Collective Bargaining Agreements by October 1, 2018 May 28, 2022. 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Separability: The Employer and Coali- tion agree that if a court of competent jurisdiction or applicable Local, State, or Federal laws compel the invalidation or modification of any provision of this National Addendum, such provision shall be deemed inoperative, if found invalid, or modified to the extent required by law or a court of competent jurisdiction. 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Typically, this clause outlines specific industry norms, internal policies, or best practices that must be adhered to, such as compliance with safety protocols, ethical guidelines, or quality control measures. By establishing clear expectations for conduct and performance, the clause helps ensure consistency, reduce misunderstandings, and mitigate risks associated with non-compliance or substandard practices."}, "json": true, "cursor": ""}}