Protection of Beneficiaries Rights. Such party shall take no action, nor omit to take any action, which would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing Guidelines.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Carco Auto Loan Master Trust)
Protection of Beneficiaries Rights. Such party shall take no action, nor omit to take any action, which would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing GuidelinesGuidelines (or other servicing standards required hereunder in the case of a Successor Servicer).
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Distribution Financial Services Floorplan Master Trust), Pooling and Servicing Agreement (CDF Funding, Inc.)
Protection of Beneficiaries Rights. Such party shall not ---------------------------------- take no any action, nor omit to take any action, which action or omission would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing Guidelines.
Appears in 1 contract
Samples: Trust Sale and Servicing Agreement (Volkswagen Dealer Finance LLC)
Protection of Beneficiaries Rights. Such party shall take no ---------------------------------- action, nor omit to take any action, which would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing GuidelinesGuidelines (or other servicing standards required hereunder in the case of a Successor Servicer).
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Floorplan Receivables L P)
Protection of Beneficiaries Rights. Such party shall not take no any action, nor omit to take any action, which action or omission would impair the rights of Beneficiaries in the Receivables Receivables, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing Guidelinesits existing credit and collection policies for servicing receivables generated by Ford.
Appears in 1 contract
Samples: Trust Sale and Servicing Agreement (Navistar Financial Corp)
Protection of Beneficiaries Rights. Such party shall not take no any action, nor omit to take any action, which action or omission would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the Floorplan Financing Guidelines.
Appears in 1 contract
Protection of Beneficiaries Rights. Such party shall take no ---------------------------------- action, nor omit to take any action, which would impair the rights of Beneficiaries in the Receivables nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Floorplan Financing Guidelines.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ford Credit Auto Receivables LLC)
