Common use of Custodial Agreements Clause in Contracts

Custodial Agreements. Immediately prior to the transfer of the Receivables by the Seller to the Depositor, the Seller or an Affiliate of the Seller had possession of the Receivable Files and there were no, and there will not be any, custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

Appears in 78 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-4)

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Custodial Agreements. Immediately prior to the transfer of the Receivables by the Seller to the DepositorPurchaser, the Seller or Purchaser, an Affiliate of the Seller Purchaser or an agent on behalf of the Purchaser had possession of the Receivable Files and there were no, and there will not be anybe, any custodial agreements in effect materially adversely affecting the right or ability of the Seller Purchaser to make, or cause to be made, any delivery required under this Agreement.

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2015-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2014-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2013-1)

Custodial Agreements. Immediately prior to the transfer of the Receivables by the Seller to the DepositorPurchaser, the Seller, an Affiliate of the Seller or an Affiliate agent on behalf of the Seller had possession of the Receivable Files and there were no, and there will not be anybe, any custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2005-A)

Custodial Agreements. Immediately prior to the transfer of the Receivables by the Seller to the Depositor, the Seller or an Affiliate of the Seller had possession of the Receivable Files and there were no, and there will not be any, custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this the Receivables Purchase Agreement.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Custodial Agreements. Immediately prior to the transfer of the -------------------- Receivables by the Seller to the Depositor, the Seller or an Affiliate of the Seller had possession of the Receivable Files and there were no, and there will not be anybe, any custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this the Receivables Purchase Agreement.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

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Custodial Agreements. Immediately prior to the transfer of the -------------------- Receivables by the Seller to the Depositor, the Seller, an Affiliate of the Seller or an Affiliate agent on behalf of the Seller had possession of the Receivable Files and there were no, and there will not be anybe, any custodial agreements in effect materially adversely effect, other than the custodial arrangement with the Subservicer set forth in this Agreement, affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Custodial Agreements. Immediately prior to the transfer of the Receivables by the Seller to the Depositor, the Seller, an Affiliate of the Seller or an Affiliate agent on behalf of the Seller had possession of the Receivable Files and there were no, and there will not be anybe, any custodial agreements in effect materially adversely effect, affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

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