CARI definition
Examples of CARI in a sentence
This Agreement may be amended from time to time (subject to any expressly applicable amendment provision of the Further Transfer and Servicing Agreements) by a written amendment duly executed and delivered by GMAC and CARI.
It is understood and agreed that the obligation of the Servicer to purchase any Receivable with respect to which such a breach has occurred and is continuing shall, if such obligation is fulfilled, constitute the sole remedy against the Servicer for such breach available to CARI or any Interested Party.
It is understood and agreed that the obligation of GMAC to repurchase any Receivable as to which a breach has occurred and is continuing shall, if such obligation is fulfilled, constitute the sole remedy against GMAC for such breach available to CARI or any Interested Party.
GMAC makes the following representations and warranties as to the Receivables on which CARI relies in accepting the Receivables.
At the closing hereunder, GMAC shall provide such other documents as CARI may reasonably request.
All demands, notices and communications upon or to GMAC or CARI under this Agreement shall be delivered as specified in Part III ▇▇ Appendix A to this Agreement.
Certain capitalized terms used in this Indenture shall have the respective meanings assigned them in Part I of Appendix A to the Trust Sale and Servicing Agreement (as amended from time to time, the "Trust Sale and Servicing Agreement") dated as of the date hereof, among the Issuer, CARI and General Motors Acceptance Corporation ("GMAC").
CARI agrees that it shall neither use nor disclose to any person the ▇▇▇▇s and addresses of the Obligors, except in connection with the enforcement of CARI's rights hereunder, under the Receivables, under the Further Transfer and Servicing Agreements or as required by law.
The Receivables Files and other documents that constitute or evidence the Purchase Property do not have any marks or notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than CARI.
GMAC further acknowledges that CARI may assign its rights under the Custodian Agreement to the Issue▇.