Common use of Responsibility for Information Recipients Clause in Contracts

Responsibility for Information Recipients. The Asset Representations Reviewer will be responsible for a breach of this Section 4.9 by the ARR Information Recipients. The Issuer and the Servicer will be responsible for a breach of this Section 4.9 by the Issuer Information Recipients. The Issuer agrees to cause the Administrator to comply with this Section 4.9.

Appears in 2 contracts

Sources: Asset Representations Review Agreement (Verizon Owner Trust 2020-B), Asset Representations Review Agreement (Verizon ABS LLC)