Common use of Severability Clause Clause in Contracts

Severability Clause. This Agreement constitutes the entire agreement between the Asset Representations Reviewer, the Issuer, Servicer, and the Sponsor. All prior representations, statements, negotiations and undertakings with regard to the subject matter hereof are superseded hereby. If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this Agreement, or the application of such terms or provisions to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law.

Appears in 30 contracts

Samples: Asset Representations Review Agreement (Drive Auto Receivables Trust 2020-1), Asset Representations Review Agreement (Drive Auto Receivables Trust 2020-1), Asset Representations Review Agreement (Drive Auto Receivables Trust 2020-2)

Severability Clause. This Agreement constitutes the entire agreement between among the Asset Representations Reviewer, the Issuer, Servicer, Issuer and the Sponsor Servicer. All prior representations, statements, negotiations and undertakings with regard to the subject matter hereof are superseded hereby . .If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this Agreement, or the application of such terms or provisions to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law.

Appears in 12 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2021-1), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2020-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2018-A)

Severability Clause. This Agreement constitutes the entire agreement between the Asset Representations Reviewer, the Issuer, the Servicer, and the Sponsor. All prior representations, statements, negotiations and undertakings with regard to the subject matter hereof are superseded hereby. If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this Agreement, or the application of such terms or provisions to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law.

Appears in 9 contracts

Samples: Asset Representations Review Agreement (Capital One Prime Auto Receivables Trust 2020-1), Asset Representations Review Agreement (Capital One Prime Auto Receivables Trust 2020-1), Asset Representations Review Agreement (Huntington Funding, LLC)

Severability Clause. This Agreement constitutes the entire agreement between among the Asset Representations Reviewer, the Issuer, Servicer, and the Sponsor [Indenture] Trustee. All prior representations, statements, negotiations and undertakings with regard to the subject matter hereof are superseded hereby. If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this Agreement, or the application of such terms or provisions to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Santander Drive Auto Receivables LLC), Asset Representations Review Agreement (Santander Drive Auto Receivables LLC)

Severability Clause. This ARR Agreement constitutes the entire agreement between among the Asset Representations Reviewer, the Issuer, Servicer Issuing Entity, and the Sponsor Servicer. All prior representations, statements, negotiations and undertakings with regard to the subject matter hereof are superseded hereby. If any term or provision of this ARR Agreement or the application thereof to any person Person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this ARR Agreement, or the application of such terms or provisions to persons Persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this ARR Agreement shall be valid and enforced to the fullest extent permitted by law.

Appears in 1 contract

Samples: Asset Representations Review Agreement (John Deere Receivables, Inc.)