{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "this-note", "type": "clause", "offset": [11, 20]}, {"key": "successor-to-the", "type": "clause", "offset": [34, 50]}, {"key": "certain-circumstances", "type": "definition", "offset": [143, 164]}, {"key": "merge-or-consolidate", "type": "definition", "offset": [169, 189]}, {"key": "rights-of-the-indenture-trustee", "type": "clause", "offset": [206, 237]}, {"key": "holders-of-notes", "type": "clause", "offset": [246, 262]}, {"key": "the-notes-are", "type": "definition", "offset": [284, 297]}, {"key": "registered-form", "type": "clause", "offset": [315, 330]}, {"key": "certain-limitations", "type": "clause", "offset": [389, 408]}, {"key": "in-accordance-with", "type": "definition", "offset": [475, 493]}, {"key": "laws-of-the-state-of-new-york", "type": "clause", "offset": [498, 527]}, {"key": "reference-to", "type": "definition", "offset": [537, 549]}, {"key": "conflict-of-law", "type": "clause", "offset": [554, 569]}, {"key": "the-obligations", "type": "clause", "offset": [586, 601]}, {"key": "rights-and-remedies-of-the-parties", "type": "clause", "offset": [603, 637]}, {"key": "reference-herein-to", "type": "definition", "offset": [716, 735]}, {"key": "provision-of", "type": "clause", "offset": [757, 769]}, {"key": "obligation-of-the", "type": "clause", "offset": [826, 843]}, {"key": "absolute-and-unconditional", "type": "clause", "offset": [869, 895]}, {"key": "to-pay", "type": "clause", "offset": [897, 903]}, {"key": "principal-of", "type": "definition", "offset": [908, 920]}, {"key": "interest-on", "type": "clause", "offset": [925, 936]}, {"key": "except-as-expressly-provided", "type": "clause", "offset": [1073, 1101]}, {"key": "basic-documents", "type": "definition", "offset": [1109, 1124]}, {"key": "trust-company", "type": "definition", "offset": [1144, 1157]}, {"key": "national-association", "type": "definition", "offset": [1159, 1179]}, {"key": "individual-capacity", "type": "definition", "offset": [1188, 1207]}, {"key": "wilmington-trust", "type": "definition", "offset": [1209, 1225]}, {"key": "any-owner", "type": "clause", "offset": [1277, 1286]}, {"key": "beneficial-interest", "type": "definition", "offset": [1292, 1311]}, {"key": "successors-or-assigns", "type": "definition", "offset": [1429, 1450]}, {"key": "payment-of-principal", "type": "clause", "offset": [1533, 1553]}, {"key": "the-covenants", "type": "clause", "offset": [1632, 1645]}, {"key": "contained-in", "type": "definition", "offset": [1679, 1691]}, {"key": "the-holder-of-this", "type": "definition", "offset": [1707, 1725]}, {"key": "default-under-the-indenture", "type": "clause", "offset": [1849, 1876]}, {"key": "no-claim", "type": "clause", "offset": [1900, 1908]}, {"key": "the-foregoing", "type": "definition", "offset": [1924, 1937]}, {"key": "loss-or-claim", "type": "definition", "offset": [1958, 1971]}, {"key": "nothing-contained", "type": "clause", "offset": [2007, 2024]}, {"key": "and-enforcement", "type": "clause", "offset": [2071, 2086]}, {"key": "the-assets", "type": "clause", "offset": [2096, 2106]}, {"key": "obligations-and-undertakings", "type": "clause", "offset": [2158, 2186]}], "samples": [{"hash": "7AlckEXCI2x", "uri": "/contracts/7AlckEXCI2x#issuing-entity", "label": "Indenture (World Omni Select Auto Trust 2025-A)", "score": 36.7289543152, "published": true}, {"hash": "juXH8F2wQ1o", "uri": "/contracts/juXH8F2wQ1o#issuing-entity", "label": "Indenture (World Omni Select Auto Trust 2025-A)", "score": 36.7125244141, "published": true}, {"hash": "ixHeHKPHpQp", "uri": "/contracts/ixHeHKPHpQp#issuing-entity", "label": "Indenture (World Omni Auto Receivables Trust 2025-C)", "score": 36.6139640808, "published": true}], "snippet": "as used in this Note includes any successor to the Issuing Entity under the Indenture. The Issuing Entity is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. The Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. This Note and the Indenture shall be construed in accordance with the laws of the State of New York, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder and thereunder shall be determined in accordance with such laws. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency herein prescribed. Anything herein to the contrary notwithstanding, except as expressly provided in the Basic Documents, none of U.S. Bank Trust Company, National Association, in its individual capacity, Wilmington Trust, National Association, in its individual capacity, any owner of a beneficial interest in the Issuing Entity, or any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns shall be personally liable for, nor shall recourse be had to any of them for, the payment of principal of or interest on this Note or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Indenture. The Holder of this Note by its acceptance hereof agrees that, except as expressly provided in the Basic Documents, in the case of an Event of Default under the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note.", "size": 147, "hash": "1965d7d3cfab146ac4e22c0443484930", "id": 1}, {"snippet_links": [{"key": "the-party", "type": "clause", "offset": [0, 9]}, {"key": "trust-sale-agreement", "type": "definition", "offset": [31, 51]}, {"key": "the-indenture", "type": "clause", "offset": [59, 72]}], "samples": [{"hash": "iZIEWJx2VwH", "uri": "/contracts/iZIEWJx2VwH#issuing-entity", "label": "Servicing Agreement (Ally Auto Receivables Trust 2026-1)", "score": 37.188911438, "published": 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134]}, {"key": "contained-in", "type": "definition", "offset": [149, 161]}, {"key": "the-indenture", "type": "clause", "offset": [162, 175]}, {"key": "required-by", "type": "definition", "offset": [180, 191]}, {"key": "other-obligor", "type": "definition", "offset": [206, 219]}, {"key": "the-notes", "type": "clause", "offset": [223, 232]}], "samples": [{"hash": "6V7b5FqyBbv", "uri": "/contracts/6V7b5FqyBbv#issuing-entity", "label": "Sale and Servicing Agreement (World Omni Auto Receivables Trust 2021-B)", "score": 32.3812446594, "published": true}, {"hash": "fDlY41BvISQ", "uri": "/contracts/fDlY41BvISQ#issuing-entity", "label": "Sale and Servicing Agreement (World Omni Auto Receivables Trust 2021-B)", "score": 32.3620796204, "published": true}], "snippet": "means World Omni Auto Receivables Trust 2021-B until a successor replaces it and, thereafter, means the successor and, for purposes of any provision contained in the Indenture and required by the TIA, each other obligor on the Notes.", "size": 46, "hash": "178f37504f8ec6e25010e5598db66ed1", "id": 7}, {"snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "securitization-trust", "type": "definition", "offset": [26, 46]}], "samples": [{"hash": "3zFTpNcwO1F", "uri": "/contracts/3zFTpNcwO1F#issuing-entity", "label": "Underwriting Agreement (Bank 2022-Bnk42)", "score": 33.4353179932, "published": true}], "snippet": "means the BANK 2022-BNK42 securitization trust.", "size": 46, "hash": "1331978407ce9712b6367fa42a9ccb72", "id": 8}, {"snippet_links": [{"key": "for-purposes-of", "type": "clause", "offset": [105, 120]}, {"key": "contained-in", "type": "definition", "offset": [135, 147]}, {"key": "the-indenture", "type": "clause", "offset": [148, 161]}, {"key": "required-by", "type": "definition", "offset": [166, 177]}, {"key": "other-obligor", "type": "definition", "offset": [192, 205]}, {"key": "the-notes", "type": "clause", "offset": [209, 218]}], "samples": [{"hash": "4Oih1IsnsfL", "uri": "https://www.sec.gov/Archives/edgar/data/1115252/000110465918074321/a18-41587_1ex4d1.htm", "label": "Indenture (CNH Capital Receivables LLC)", "score": 20.9691982269, "published": false}, {"hash": "voUcCO7fTl", "uri": "https://www.sec.gov/Archives/edgar/data/1115252/000110465915085207/a15-18832_1ex4d1.htm", "label": "Indenture (CNH Capital Receivables LLC)", "score": 17.954826355, "published": false}, {"hash": "dVLuJqBOZ74", "uri": "https://www.sec.gov/Archives/edgar/data/1115252/000110465915079697/a15-18832_1ex4d1.htm", "label": "Indenture (CNH Capital Receivables LLC)", "score": 17.8754272461, "published": false}], "snippet": "means CNH Equipment Trust 20XX-Y until a successor replaces it and, thereafter, means the successor and, for purposes of any provision contained in the Indenture and required by the TIA, each other obligor on the Notes.", "size": 43, "hash": "2cbb853b264047322cfdfe82f13ebdd5", "id": 9}, {"snippet_links": [{"key": "the-\u2587", "type": "clause", "offset": [6, 11]}, {"key": "mortgage-trust", "type": "definition", "offset": [33, 47]}], "samples": [{"hash": "iYZbdlwrGGl", "uri": "/contracts/iYZbdlwrGGl#issuing-entity", "label": "Underwriting Agreement (Wells Fargo Commercial Mortgage Trust 2015-Nxs4)", "score": 26.9356613159, "published": true}], "snippet": "means the \u2587\u2587\u2587\u2587\u2587 Fargo Commercial Mortgage Trust 2015-NXS4; and", "size": 35, "hash": "17fc5e53797c99477ac925cff4bbc89b", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXaXNzdWluZy1lbnRpdHkjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Issuing Entity", "snippet": "as used in this Note includes any successor to the Issuing Entity under the Indenture. The Issuing Entity is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. The Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. This Note and the Indenture shall be construed in accordance with the laws of the State of New York, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder and thereunder shall be determined in accordance with such laws. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency herein prescribed. Anything herein to the contrary notwithstanding, except as expressly provided in the Basic Documents, none of U.S. Bank Trust Company, National Association, in its individual capacity, Wilmington Trust, National Association, in its individual capacity, any owner of a beneficial interest in the Issuing Entity, or any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns shall be personally liable for, nor shall recourse be had to any of them for, the payment of principal of or interest on this Note or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Indenture. The Holder of this Note by its acceptance hereof agrees that, except as expressly provided in the Basic Documents, in the case of an Event of Default under the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note.", "size": 1249, "id": "issuing-entity", "examples": ["Notwithstanding anything to the contrary herein, an Opinion of Counsel shall be delivered to the effect that such amendment would not cause the <strong>Issuing Entity</strong> to fail to qualify as a grantor trust for United States federal income tax purposes.", "Bridgecrest Credit Company, LLC, an Arizona limited liability company (the \u201cServicer\u201d), is willing to service such contracts in accordance with the terms of the Servicing Agreement, dated as of the date hereof, among the <strong>Issuing Entity</strong>, the Grantor Trust, the Backup Servicer and the Servicer.", "To the extent required under applicable law, as of the Cut-Off Date or as of the date that such entity held the Mortgage Note, each holder of the Mortgage Note was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the <strong>Issuing Entity</strong>.", "The Mortgage Loan documents for each Mortgage Loan that is secured by a hospitality property operated pursuant to a franchise agreement includes an executed comfort letter or similar agreement signed by the Mortgagor and franchisor of such property enforceable by the <strong>Issuing Entity</strong> against such franchisor, either directly or as an assignee of the originator.", "For all purposes of this Agreement, in the performance of its duties or obligations hereunder or in the performance of any duties or obligations of the <strong>Issuing Entity</strong> hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Article VI of the Trust Agreement.", "No failure or delay on the part of the Depositor, the Administrator, the <strong>Issuing Entity</strong>, the Grantor Trust, the Noteholders, the Certificateholders, or the Indenture Trustee in exercising any power or right hereunder (to the extent such Person has any power or right hereunder) shall operate as a waiver thereof, nor shall any single or partial exercise of any such power or right preclude any other or further exercise thereof or the exercise of any other power or right.", "This Agreement may not be assigned by the Administrator unless such assignment is previously consented to in writing by the <strong>Issuing Entity</strong> and the Owner Trustee and subject to the satisfaction of the Rating Agency Condition in respect thereof.", "Unless expressly authorized by the <strong>Issuing Entity</strong>, the Administrator shall have no authority to act for or represent the <strong>Issuing Entity</strong> or the Owner Trustee in any way and shall not otherwise be deemed an agent of the <strong>Issuing Entity</strong> or the Owner Trustee.", "The Administrator shall furnish to the <strong>Issuing Entity</strong> from time to time such additional information regarding the Collateral as the <strong>Issuing Entity</strong> shall reasonably request.", "For all purposes of this Agreement, in the performance of its duties or obligations hereunder or in the performance of any duties or obligations of the <strong>Issuing Entity</strong> hereunder, the Indenture Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Article VI of the Indenture."], "related": [["depositor", "Depositor", "Depositor"], ["owner-trustee", "Owner Trustee", "Owner Trustee"], ["indenture-trustee", "indenture trustee", "indenture trustee"], ["issuing-entity-pii", "Issuing Entity PII", "<strong>Issuing Entity</strong> PII"], ["trust-depositor", "Trust Depositor", "Trust Depositor"]], "related_snippets": [], "updated": "2026-04-01T04:22:47+00:00"}, "json": true, "cursor": ""}}