Underlying Transaction Documents definition
Examples of Underlying Transaction Documents in a sentence
The Borrowers will comply, and cause AFS Funding Trust to comply, fully with the Underlying Transaction Documents to which each of them is a party so as to maintain each of the Borrower's identity and AFS Funding Trust's identity as a separate legal entity from its Affiliates and to make it manifest to third parties that each of the Borrowers and AFS Funding Trust is an entity with assets and liabilities distinct from its Affiliates.
The covenants and agreements of the Underlying Servicer set forth in the Underlying Transaction Documents are hereby incorporated by reference mutatis mutandis for the benefit of each the Collateral Agent, the Deal Agent and the Secured Parties and such covenants may be relied upon by each such Person.
The Borrower hereby assigns to the Deal Agent, for the ratable benefit of the Secured Parties hereunder, all of the Borrower’s right, title and interest in and to, but none of its obligations under, the Underlying Transaction Documents.
Promptly after the receipt thereof, the Borrower shall provide to the Deal Agent copies of all reports and notices received by or provided by any of the AmeriCredit Parties in connection with the Underlying Transaction Documents.
This Agreement, the Note Purchase Agreement, the Warrant, each Hedging Agreement, the Trust Agreement, the Administration Agreement, the Fee Letter, the Underlying Transaction Documents, the Liquidity Agreement, if any, the Underlying Note Assignment and any additional document the execution of which is necessary or incidental to carrying out the terms of the foregoing documents.
Promptly after the receipt thereof, the Underlying Servicer shall provide to the Deal Agent and each Hedge Counterparty copies of all reports and notices received by or provided by any of the AmeriCredit Parties in connection with the Underlying Transaction Documents.
The covenants and agreements of the Underlying Depositor set forth in the Underlying Transaction Documents are hereby incorporated by reference mutatis mutandis for the benefit of each the Collateral Agent, the Deal Agent and the Secured Parties and such covenants may be relied upon by each such Person.
Underlying Transaction Documents: The Underlying Indenture, the Underlying Certificate of Trust, the Underlying Trust Agreement, the Underlying Purchase Agreement, the Underlying Sale and Servicing Agreement, the Underlying Underwriting Agreement, the Underlying Lockbox Agreement, the Underlying Hedge Agreement, if any, and any additional document the execution of which is necessary or incidental to carrying out the terms of the foregoing documents.
In no event, however, shall Lender have any obligation or duty whatsoever to perform any covenant or agreement of Borrower or any Applicable Underlying Developer contained herein or in any of the other Loan Documents, any Applicable Underlying Transaction Documents, or any Applicable Timeshare Documents, and any such performance by Lender shall be wholly discretionary with Lender.
Whenever possible, each provision of this Subordination Agreement, the Transaction Documents and the Underlying Transaction Documents shall be interpreted in such manner as to be valid, legal and enforceable under the applicable law of any jurisdiction.