Repayment. If the Sponsor makes any payment under this Section 4.6 and the Indemnified Person later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amounts to the Sponsor.
Appears in 86 contracts
Sources: Asset Representations Review Agreement (Honda Auto Receivables 2026-3 Owner Trust), Asset Representations Review Agreement (Porsche Innovative Lease Owner Trust 2026-1), Asset Representations Review Agreement (Porsche Innovative Lease Owner Trust 2026-1)
Repayment. If the Issuing Entity or the Sponsor makes any payment under this Section 4.6 4.05 and the Indemnified Person Parties later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amounts amount to the SponsorSponsor or the Issuing Entity, as applicable.
Appears in 41 contracts
Sources: Asset Representations Review Agreement (Carvana Receivables Depositor LLC), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2)