Repayment. If the Issuer or the Servicer makes any payment under this Section 4.05 and the Indemnified Parties later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount to the Issuer or the Servicer, as applicable.
Appears in 98 contracts
Sources: Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-4), Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-4), Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-3)
Repayment. If the Issuer Issuer, the Servicer or the Servicer Administrator makes any payment under this Section 4.05 4.6 and the Indemnified Parties Person later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount amounts to the Issuer Issuer, the Servicer or the ServicerAdministrator, as applicable.
Appears in 90 contracts
Sources: Asset Representations Review Agreement (Toyota Auto Receivables 2026-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2026-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2026-C Owner Trust)
Repayment. If the Issuer or the Servicer makes any payment under this Section 4.05 4.6 and the Indemnified Parties Person later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount amounts to the Issuer or the Servicer, as applicable.
Appears in 77 contracts
Sources: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2026-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2026-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2026-B)
Repayment. If the Issuer or the Servicer makes any payment under this Section 4.05 4.5 and the Indemnified Parties Person later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount amounts to the Issuer or the Servicer, as applicable.
Appears in 18 contracts
Sources: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2026-2), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2026-1), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2026-1)
Repayment. If the Issuer Issuing Entity or the Servicer makes any payment under this Section 4.05 and the Indemnified Parties later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount to the Issuer Issuing Entity or the Servicer, as applicable.
Appears in 6 contracts
Sources: Asset Representations Review Agreement (World Omni LT), Asset Representations Review Agreement (World Omni Auto Receivables LLC), Asset Representations Review Agreement (World Omni LT)
Repayment. If the Issuer Trustee, the Servicer or the Servicer Manager makes any payment under this Section 4.05 4.6 and the Indemnified Parties Person later collects any of the amounts for which the payments were made to it from others, the Indemnified Person will promptly repay the amount amounts to the Issuer Trustee, the Servicer or the ServicerManager, as applicable.
Appears in 2 contracts
Sources: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)