Examples of Dealers in a sentence
The Issuer will take such steps (in conjunction with the Dealers, where appropriate) to ensure that any laws and regulations or requirements of any governmental agency, authority or institution which may from time to time be applicable to any Notes shall be fully observed and complied with, including (without limitation) its obligations under Clauses 3.19 (U.S. selling restrictions), 5.10 (Yen Notes) and 5.11 (United Kingdom).
The Servicer is authorized to follow such customary practices and procedures as it shall deem necessary or advisable, consistent with the standard of care required by Section 4.1, which practices and procedures may include reasonable efforts to realize upon any recourse to Dealers, the sale of the related Financed Vehicle at public or private sale, the submission of claims under an Insurance Policy and other actions by the Servicer in order to realize upon such a Receivable.
The Issuer acknowledges that the Dealers may resell Notes subscribed for by such Dealers.
This Amendment shall become effective on the date on which (i) each party hereto shall have received executed counterpart signature pages to this Amendment from each other party hereto and (ii) the Dealers shall have received legal opinions from internal and external counsel of the Issuer as to the due authorization, validity and enforceability of this Amendment in form and substance reasonably satisfactory to each Dealer.
The Issuer shall promptly inform the other Dealers and the Agent of such termination or resignation.