Common use of Repurchase upon Breach Clause in Contracts

Repurchase upon Breach. 37 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 Duties of Servicer as Custodian...........................................38 SECTION 2.6 Instructions; Authority to Act............................................39 SECTION 2.7 Custodian's Indemnification...............................................39 SECTION 2.8 Effective Period and Termination..........................................40 ARTICLE III

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ......................................................27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .......................................................27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ..........................................................27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III.....................................................28

Repurchase upon Breach. 37 23 SECTION 2.4 3.3 Custody of Receivable Receivables Files...............................................37 ..........................................................24 SECTION 2.5 3.4 Duties of Servicer as Custodian...........................................38 .......................................................24 SECTION 2.6 3.5 Instructions; Authority to To Act............................................39 ........................................................25 SECTION 2.7 3.6 Custodian's Indemnification...............................................39 ...........................................................26 SECTION 2.8 3.7 Effective Period and Termination..........................................40 ......................................................26 ARTICLE IIIIV Administration and Servicing of Receivables

Repurchase upon Breach. 37 28 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ...............................29 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ................................29 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ...................................29 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III..............................30

Repurchase upon Breach. 37 33 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 Custodian ...............................33 SECTION 2.6 3.04 Instructions; Authority to Act............................................39 To Act ................................34 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 Indemnification ...................................34 SECTION 2.8 3.06 Effective Period and Termination..........................................40 Termination ..............................35 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 SECTION 2.4 15 Section 3.04 Custody of Receivable Files...............................................37 SECTION 2.5 ........................................................................16 Section 3.05 Duties of Servicer as Custodian...........................................38 SECTION 2.6 ....................................................................16 Section 3.06 Instructions; Authority to Act............................................39 SECTION 2.7 .....................................................................17 Section 3.07 Custodian's Indemnification...............................................39 SECTION 2.8 ........................................................................17 Section 3.08 Effective Period and Termination..........................................40 ...................................................................17 ARTICLE IIIIV. Administration and Servicing of Receivables

Repurchase upon Breach. 37 24 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ...........................................................25 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ............................................................25 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ...............................................................25 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ..........................................................26 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 .............................................26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ..............................................27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .................................................27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III............................................27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ................................... 26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .................................... 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ....................................... 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III.................................. 27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 Custodian ........................................ 25 SECTION 2.6 3.04 Instructions; Authority to Act............................................39 To Act ......................................... 26 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 Indemnification ............................................ 26 SECTION 2.8 3.06 Effective Period and Termination..........................................40 Termination ....................................... 26 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 24 SECTION 2.4 3.3 Custody of Receivable Receivables Files...............................................37 ..........................................................25 SECTION 2.5 3.4 Duties of Servicer as Custodian...........................................38 .......................................................25 SECTION 2.6 3.5 Instructions; Authority to To Act............................................39 ........................................................26 SECTION 2.7 3.6 Custodian's Indemnification...............................................39 ...........................................................26 SECTION 2.8 3.7 Effective Period and Termination..........................................40 ......................................................27 ARTICLE IIIIV Administration and Servicing of Receivables

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ...................................................... 27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ....................................................... 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .......................................................... 28 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III..................................................... 28

Repurchase upon Breach. 37 28 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ..................................... 29 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ...................................... 29 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ......................................... 30 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III.................................... 30

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 .........................................27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ..........................................28 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .............................................28 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III........................................28

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ................................................ 26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ................................................. 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .................................................... 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III............................................... 27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 2 SECTION 2.4 Custody of Receivable Files...............................................37 .......................................................................3 SECTION 2.5 Duties of Servicer as Custodian...........................................38 ...................................................................4 SECTION 2.6 Instructions; Authority to Act............................................39 ....................................................................5 SECTION 2.7 Custodian's Indemnification...............................................39 .......................................................................5 SECTION 2.8 Effective Period and Termination..........................................40 ARTICLE III..................................................................5

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 .........................................................................25 SECTION 2.5 Duties of Servicer as Custodian...........................................38 .....................................................................26 SECTION 2.6 Instructions; Authority to Act............................................39 ......................................................................27 SECTION 2.7 Custodian's Indemnification...............................................39 .........................................................................27 SECTION 2.8 Effective Period and Termination..........................................40 ....................................................................27 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY

Repurchase upon Breach. 37 2 SECTION 2.4 Custody of Receivable Files...............................................37 .................................................................3 SECTION 2.5 Duties of Master Servicer as Custodian...........................................38 ......................................................4 SECTION 2.6 Instructions; Authority to Act............................................39 ..............................................................5 SECTION 2.7 Custodian's Indemnification...............................................39 .................................................................5 SECTION 2.8 Effective Period and Termination..........................................40 ARTICLE III............................................................5

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ......................................................25 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .......................................................26 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ..........................................................26 SECTION 2.8 3.06 Effective Period and Termination..........................................40 .....................................................26 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 5 SECTION 2.4 Custody of Receivable Files...............................................37 .................................................................5 SECTION 2.5 Duties of Servicer as Custodian...........................................38 .............................................................6 SECTION 2.6 Instructions; Authority to Act............................................39 ..............................................................7 SECTION 2.7 Custodian's Indemnification...............................................39 .................................................................7 SECTION 2.8 Effective Period and Termination..........................................40 ............................................................7 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY....................................................................................7

Repurchase upon Breach. 37 28 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 Custodian ................................................. 29 SECTION 2.6 3.04 Instructions; Authority to Act............................................39 To Act .................................................. 29 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 Indemnification ..................................................... 29 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE IIITermination ................................................ 30

Repurchase upon Breach. 37 5 SECTION 2.4 Custody of Receivable Files...............................................37 ...................................5 SECTION 2.5 Duties of Servicer as Custodian...........................................38 ...............................6 SECTION 2.6 Instructions; Authority to Act............................................39 ................................7 SECTION 2.7 Custodian's Indemnification...............................................39 ...................................7 SECTION 2.8 Effective Period and Termination..........................................40 ..............................7 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY .....................................................8

Repurchase upon Breach. 37 2 SECTION 2.4 Custody of Receivable Files...............................................37 ...................................3 SECTION 2.5 Duties of Master Servicer as Custodian...........................................38 ........................3 SECTION 2.6 Instructions; Authority to Act............................................39 ................................4 SECTION 2.7 Custodian's Indemnification...............................................39 ...................................4 SECTION 2.8 Effective Period and Termination..........................................40 ARTICLE III..............................5

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ................................................ 27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ................................................. 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .................................................... 28 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III............................................... 28

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ................................................26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .................................................27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ....................................................27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III...............................................27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ....................................... 25 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ........................................ 26 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ........................................... 26 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ...................................... 26 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 28 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ...................................................................29 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ....................................................................29 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .......................................................................30 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III..................................................................30

Repurchase upon Breach. 37 27 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ......................................................27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .......................................................28 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ..........................................................28 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III.....................................................28

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 .................................... 26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ..................................... 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ........................................ 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III................................... 27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ......................................27 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 .......................................27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ..........................................27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III.....................................28

Repurchase upon Breach. 37 6 SECTION 2.4 Custody of Receivable Files...............................................37 .........................................................6 SECTION 2.5 Duties of Servicer as Custodian...........................................38 .....................................................7 SECTION 2.6 Instructions; Authority to Act............................................39 ......................................................8 SECTION 2.7 Custodian's Indemnification...............................................39 .........................................................8 SECTION 2.8 Effective Period and Termination..........................................40 ....................................................8 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY

Repurchase upon Breach. 37 SECTION 2.4 23 Section 3.04. Custody of Receivable Files...............................................37 SECTION 2.5 ...........................................................23 Section 3.05. Duties of Master Servicer as Custodian...........................................38 SECTION 2.6 ................................................23 Section 3.06. Instructions; Authority to Act............................................39 SECTION 2.7 ........................................................24 Section 3.07. Custodian's Indemnification...............................................39 SECTION 2.8 ...........................................................25 Section 3.08. Effective Period and Termination..........................................40 ......................................................25 Section 3.09. Transfer and Delivery of Receivable Files.............................................26 ARTICLE IIIIV ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 Custodian ................................ 27 SECTION 2.6 3.04 Instructions; Authority to Act............................................39 To Act ................................. 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 Indemnification .................................... 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE IIITermination ............................... 28

Repurchase upon Breach. 37 5 SECTION 2.4 Custody of Receivable Files...............................................37 ..............................................................6 SECTION 2.5 Duties of Servicer as Custodian...........................................38 ..........................................................6 SECTION 2.6 Instructions; Authority to Act............................................39 ...........................................................7 SECTION 2.7 Custodian's Indemnification...............................................39 ..............................................................7 SECTION 2.8 Effective Period and Termination..........................................40 .........................................................7 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF RECEIVABLES AND TRUST PROPERTY.................................................................................8

Repurchase upon Breach. 37 25 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 ...................................................... 26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ....................................................... 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 .......................................................... 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III..................................................... 27 ADMINISTRATION AND SERVICING OF RECEIVABLES

Repurchase upon Breach. 37 26 SECTION 2.4 Custody of Receivable Files...............................................37 SECTION 2.5 3.03 Duties of Servicer as Custodian...........................................38 .................................................... 26 SECTION 2.6 3.04 Instructions; Authority to To Act............................................39 ..................................................... 27 SECTION 2.7 3.05 Custodian's Indemnification...............................................39 ........................................................ 27 SECTION 2.8 3.06 Effective Period and Termination..........................................40 ARTICLE III................................................... 27 ADMINISTRATION AND SERVICING OF RECEIVABLES