Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer and (ii) the related Receivable File shall at all times be property of the Issuer.
Appears in 22 contracts
Samples: Sale and Servicing Agreement (Chase Auto Owner Trust 2005-A), Sale and Servicing Agreement (Chase Auto Owner Trust 2006-A), Sale and Servicing Agreement (JPMorgan Chase Bank, National Association)
Title to Receivables. The Servicer agrees thatshall not at any time have, or in respect of any way attempt to assert, any interest in any Receivable held by it as custodian hereunder, (i) the Servicer will not at any time have Custodian hereunder or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the such Receivable for the benefit of the Issuer Issuer. The entire equitable interest in such Receivable and (ii) the related Receivable File shall at all times be property of vested in the Issuer.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2016-1), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2017-1)
Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it the Servicer as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer and (ii) the entire equitable interest in such Receivable and the related Receivable File shall at all times be property of vested in the Issuer.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp), Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)
Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it the Servicer as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer Trust and (ii) that the entire equitable interest in such Receivable and the related Receivable File shall at all times be property of vested in the IssuerTrust.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp), Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)
Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it the Servicer as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer and (ii) that the entire equitable interest in such Receivable and the related Receivable File shall at all times be property of vested in the Issuer.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc)
Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer Trust and (ii) the related Receivable File shall at all times be property of the IssuerTrust.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa National Association), Pooling and Servicing Agreement (Chase Manhattan Bank Usa)
Title to Receivables. The Servicer agrees that, in respect of any Receivable held by it the Servicer as custodian hereunder, (i) the Servicer will not at any time have or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the Receivable for the benefit of the Issuer and (ii) that the entire equitable interest in such Receivable and the related Receivable File shall at all times be property of vested in the Issuer.. SECTION 2.6
Appears in 1 contract
Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc)
Title to Receivables. The Servicer agrees thatshall not at any time have, or in respect of any way attempt to assert, any interest in any Receivable held by it as custodian hereunder, (i) the Servicer will not at any time have hereunder or in any way attempt to assert any interest in such Receivable or the related Receivable File, other than solely for the purpose of collecting or enforcing the such Receivable for the benefit of the Issuer Administrative Agent on behalf of the Secured Parties. The entire equitable interest in each Receivable and (ii) the related Receivable File shall at all times be property vested in the Administrative Agent on behalf of the IssuerSecured Parties.
Appears in 1 contract
