Common use of Repayment Clause in Contracts

Repayment. If the Servicer 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 Servicer.

Appears in 71 contracts

Sources: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2025-D), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2025-D), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2025-C)

Repayment. If the Servicer makes any a payment to an Indemnified Person under this Section 4.6 6.3 and the Indemnified Person later collects from others any of the amounts for which the payments were made to it from otherspayment was made, the Indemnified Person will promptly repay the those amounts to the Servicer.

Appears in 69 contracts

Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-B)

Repayment. If the Servicer makes any a payment to an Indemnified Person under this Section 4.6 5.2 and the Indemnified Person later collects from others any of the amounts for which the payments were made to it from otherspayment was made, the Indemnified Person will promptly repay the those amounts to the Servicer.

Appears in 42 contracts

Sources: Servicing Supplement (CAB East LLC), Servicing Supplement (CAB East LLC), Servicing Supplement (Ford Credit Auto Lease Trust 2025-B)

Repayment. If the Servicer makes any payment under this Section 4.6 6.3 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 Servicer.

Appears in 5 contracts

Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Repayment. If the Servicer makes any payment under this Section 4.6 4.06 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 Servicer.

Appears in 3 contracts

Sources: Asset Representations Review Agreement (Usaa Acceptance LLC), Asset Representations Review Agreement (Usaa Acceptance LLC), Asset Representations Review Agreement (Usaa Acceptance LLC)