Common use of Servicing Supplement Clause in Contracts

Servicing Supplement. Notwithstanding the foregoing, the Owner Trustee shall be deemed to have discharged its duties and responsibilities hereunder and under the other Program Documents to the extent the Administrator has agreed in the Administration Agreement to perform any act or to discharge any duty of the Owner Trustee or the Securitization Trust hereunder or under any other Program Document, and the Owner Trustee shall not be held liable for the default or failure of the Administrator to carry out its obligations under the Administration Agreement.

Appears in 8 contracts

Samples: Trust Agreement (GM Financial Automobile Leasing Trust 2021-1), Trust Agreement (GM Financial Automobile Leasing Trust 2021-1), Trust Agreement (GM Financial Automobile Leasing Trust 2020-3)

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