ISC Contract definition

ISC Contract means, with respect to any ISC Receivable, the ISC Dealer Contract, or ISC Originator Contract, pursuant to which such ISC Receivable arises or which evidences such ISC Receivable. A “related” ISC Contract with respect to an ISC Pool Receivable means an ISC Contract which is relevant to the collection or enforcement of such ISC Pool Receivable.

Examples of ISC Contract in a sentence

  • None of the Collateral Agent, the Administrative Agent, any Purchaser, or any Purchaser Agent shall have any obligation or liability with respect to any Lease Device, Lease Contract, ISC Contract, ISC Dealer Agreement, Pool Receivables, or Related Assets related thereto, nor shall any of them be obligated to perform any of the obligations of the Servicer, any Originator, or any Seller thereunder.

  • No ISC Receivable relating to a 6 Month ISC Contract is subject to an Applicable Cooling Off Period, and (ii) no MTM Lease Receivable is subject to a period of time during which the Obligor shall have the right to cancel or terminate the related Lease Contract giving rise to such MTM Lease Receivable without fee, premium or penalty, except for a cancellation or termination in accordance with the terms thereof at the end of any monthly period under the Extended Lease Period.

  • None of the Collateral Agent, any Administrative Agent, any Purchaser or any Purchaser Agent shall have any obligation or liability with respect to any Lease Device, Lease Contract, ISC Contract, ISC Dealer Agreement, Pool Receivables or Related Assets related thereto, nor shall any of them be obligated to perform any of the obligations of the Servicer, any Originator or any Seller thereunder.