Common use of Liability of Seller Clause in Contracts

Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 SECTION 5.03 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI

Liability of Seller. 67 68 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 . ........................................................................... 68 SECTION 5.03 Limitation on Liability of Seller and Others............................67 ............................................ 68 SECTION 5.04 Seller Not to Resign....................................................67 .................................................................... 69 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 .................................. 69 ARTICLE VIVI THE SERVICER.......................................................................................... 69

Liability of Seller. 67 9 ------------------- SECTION 5.02 3.03. Merger or Consolidation of, or Assumption of the Obligations of, ----------------------------------------------------------------- Seller; Certain Limitations......................................................................67 Amendment of Certificate of Incorporation......................................9 ------------------------------------------------- SECTION 5.03 3.04. Limitation on Liability of Seller and Others............................67 ..........................................10 -------------------------------------------- SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 3.05. Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VISecurities.............................................................10 -------------------------

Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations................................................................................................................................................... 67 SECTION 5.03 Limitation on Liability of Seller and Others........................................................................ 67 SECTION 5.04 Seller Not to Resign....................................................67 .................................................................... 68 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments.................................................... 68 ARTICLE VI

Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations....................................................................................................................................67 SECTION 5.03 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 67 ARTICLE VI

Liability of Seller. 67 17 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............................ 17 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 .............................. 18 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates...................................... 18 SECTION 6.5 Amendment................................................................. 19 SECTION 6.6 Notices................................................................... 20 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration.................................................... 20

Liability of Seller. 67 SECTION 5.02 6 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of, of Seller; Certain Limitations......................................................................67 SECTION 5.03 Amendment of Certificate of Incorporation...................................................................................6 Section 3.04 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 .................................................7 Section 3.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VIor Certificates.........................................................7

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............13 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ..............14 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate...................14 SECTION 6.5 Amendment.................................................14 SECTION 6.6 Notices...................................................15 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration....................................15 SECTION 6.8

Liability of Seller. 67 28 ------------------- SECTION 5.02 6.03. Merger or Consolidation of, or Assumption of the Obligations of, ---------------------------------------------------------------- Seller; Certain Limitations......................................................................67 Amendment of Certificate of Incorporation......................................... 28 ------------------------------------------------- SECTION 5.03 6.04. Limitation on Liability of Seller and Others............................67 ................................. 28 -------------------------------------------- SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI6.05.

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser........... 13 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ............. 14 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate.................. 14 SECTION 6.5 Amendment................................................ 14 SECTION 6.6 Notices.................................................. 15 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration................................... 15 SECTION 6.8

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser....................................... 13 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ......................................... 13 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate.............................................. 14 SECTION 6.5 Amendment............................................................................ 14 SECTION 6.6 Notices.............................................................................. 14 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration............................................................... 15 SECTION 6.8

Liability of Seller. 67 SECTION 5.02 61 Section 7.2 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 SECTION 5.03 , etc................................................................... 61 Section 7.3 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VISeller...................................................... 62

Liability of Seller. 67 15 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............... 15 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ................. 16 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates......................... 16 SECTION 6.5 Amendment.................................................... 16 SECTION 6.6 Notices...................................................... 17 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration....................................... 18 SECTION 6.8

Liability of Seller. 67 10 SECTION 5.02 3.03 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Amendment of Certificate of Incorporation ............................................ 10 SECTION 5.03 3.04 Limitation on Liability of Seller and Others............................67 .............. 10 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 3.05 Seller May Own Notes and Residual Interest Instruments..................68 Securities................................. 10 ARTICLE VIIV TERMINATION..................................................... 11 SECTION 4.01 Optional Purchase of All Receivables...................... 11 SECTION 4.02 Termination............................................... 11

Liability of Seller. 67 17 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser.................................. 17 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI.................................... 18

Liability of Seller. 67 14 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser......... 14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ........... 15 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate................ 15 SECTION 6.5 Amendment.............................................. 15 SECTION 6.6 Notices................................................ 16 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration................................. 17 SECTION 6.8

Liability of Seller. 67 17 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser........................... 17 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ............................. 18 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates..................................... 18 SECTION 6.5 Amendment................................................................ 18 SECTION 6.6 Notices.................................................................. 19 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration................................................... 19 SECTION 6.8

Liability of Seller. 67 66 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 ............................................................................. 66 SECTION 5.03 Limitation on Liability of Seller and Others........................................................................ 67 SECTION 5.04 Seller Not to Resign........................................................................................................................ 67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI.................................. 67

Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations.....................................................................................................67 SECTION 5.03 Limitation on Liability of Seller and Others..............................................67 SECTION 5.04 Seller Not to Resign..............................................................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI........67

Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................................................................................................................... 67 SECTION 5.03 Limitation on Liability of Seller and Others............................67 ............................................ 68 SECTION 5.04 Seller Not to Resign....................................................67 .................................................................... 68 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments.................................................... 68 ARTICLE VI

Liability of Seller. 67 SECTION 66 Section 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 SECTION ..................................................................... 66 Section 5.03 Limitation on Liability of Seller and Others............................67 SECTION ............................................ 66 Section 5.04 Seller Not to Resign........................................................................................................................ 67 SECTION Section 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI.................................. 67

Liability of Seller. 67 68 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 ............................................................................................. 68 SECTION 5.03 Limitation on Liability of Seller and Others............................67 ............................................ 68 SECTION 5.04 Seller Not to Resign....................................................67 .................................................................... 68 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI.................................. 68

Liability of Seller. 67 15 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............. 15 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ............... 16 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates....................... 16 SECTION 6.5 Amendment.................................................. 16 SECTION 6.6 Notices.................................................... 17 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration..................................... 18 SECTION 6.8

Liability of Seller. 67 9 SECTION 5.02 3.03 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Amendment of Certificate of Incorporation.................................................................9 SECTION 5.03 3.04 Limitation on Liability of Seller and Others............................67 .................................10 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 3.05 Seller May Own Notes and Residual Interest Instruments..................68 Securities....................................................10 ARTICLE VIIV TERMINATION......................................................................................10 SECTION 4.01 Optional Purchase of All Receivables.........................................10 SECTION 4.02 Termination..................................................................11

Liability of Seller. 67 9 SECTION 5.02 3.03 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Amendment of Certificate of Incorporation............................................9 SECTION 5.03 3.04 Limitation on Liability of Seller and Others............................67 ...............10 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 3.05 Seller May Own Notes and Residual Interest Instruments..................68 Securities..................................10 ARTICLE VIIV TERMINATION.......................................................10 SECTION 4.01 Optional Purchase of All Receivables.......................10 SECTION 4.02 Termination................................................11

Liability of Seller. 67 17 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser................................ 17 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 .................................. 18 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates.......................................... 18 SECTION 6.5 Amendment..................................................................... 18 SECTION 6.6 Notices....................................................................... 19 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration........................................................ 19

Liability of Seller. 67 SECTION 5.02 45 Section 7.2. Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 SECTION 5.03 ..........................46 Section 7.3. Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI...................47 Section 7.4. Special Purpose Entity.........................................47 Section 7.5. Restrictions on Liens..........................................48

Liability of Seller. 67 SECTION 5.02 6 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of, of Seller; Certain Limitations......................................................................67 SECTION 5.03 Amendment of Certificate of Incorporation.................................................................................... 6 Section 3.04 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 ........................................................ 7 Section 3.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VIor Certificates................................................................ 7

Liability of Seller. 67 SECTION 5.02 9 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of, of Seller; Certain Limitations......................................................................67 SECTION 5.03 Amendment of Certificate of Incorporation................................................................. 9 Section 3.04 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 ................................................. 9 Section 3.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VIor Certificates......................................................... 10

Liability of Seller. 67 14 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser................14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ..................15 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates..........................15 SECTION 6.5 Amendment.....................................................15 SECTION 6.6 Notices.......................................................16 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration........................................17 SECTION 6.8

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............................................14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ..............................................14 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate...................................................14 SECTION 6.5 Amendment.................................................................................15 SECTION 6.6 Notices...................................................................................15 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration....................................................................16 SECTION 6.8

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser............................................ 14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 .............................................. 14 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate................................................... 14 SECTION 6.5 Amendment................................................................................. 15 SECTION 6.6 Notices................................................................................... 15 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration.................................................................... 16 SECTION 6.8

Liability of Seller. 67 69 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 ............................................................................. 69 SECTION 5.03 Limitation on Liability of Seller and Others............................67 ............................................ 69 SECTION 5.04 Seller Not to Resign....................................................67 .................................................................... 69 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VI.................................. 69

Liability of Seller. 67 SECTION 5.02 8 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of, of Seller; Certain Limitations......................................................................67 SECTION 5.03 Amendment of Certificate of Incorporation ..................................... 8 Section 3.04 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 Others .................................. 9 Section 3.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VIor Certificates .......................................... 9

Liability of Seller. 67 14 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser..................................14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 ....................................15 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or Certificates............................................15 SECTION 6.5 Amendment.......................................................................15 SECTION 6.6 Notices.........................................................................16 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration..........................................................16 SECTION 6.8

Liability of Seller. 67 SECTION 5.02 9 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of, of Seller; Certain Limitations......................................................................67 SECTION 5.03 Amendment of Certificate of Incorporation........................................................................ 9 Section 3.04 Limitation on Liability of Seller and Others............................67 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 ........................................ 9 Section 3.05 Seller May Own Notes and Residual Interest Instruments..................68 ARTICLE VIor Certificates................................................ 10

Liability of Seller. 67 13 SECTION 5.02 6.2 Merger or Consolidation of, of Seller or Assumption of the Obligations of, Seller; Certain Limitations......................................................................67 Purchaser...............14 SECTION 5.03 6.3 Limitation on Liability of Seller and Others............................67 .................14 SECTION 5.04 Seller Not to Resign....................................................67 SECTION 5.05 6.4 Seller May Own Notes or the Certificate......................14 SECTION 6.5 Amendment....................................................15 SECTION 6.6 Notices......................................................15 SECTION 6.7 Merger and Residual Interest Instruments..................68 ARTICLE VIIntegration.......................................16 SECTION 6.8