Common use of Liability of Servicer Clause in Contracts

Liability of Servicer. The Servicer will be liable under this Article V only to the extent of the obligations specifically undertaken by the Servicer in its capacity as Servicer and as otherwise provided in Section 5.04.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (Ford Credit Floorplan LLC), Transfer and Servicing Agreement (Ford Credit Floorplan Corp), Transfer and Servicing Agreement (Ford Credit Floorplan LLC)

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Liability of Servicer. The Servicer will be liable under this Article V only to the extent of the obligations specifically undertaken by the Servicer in its capacity as Servicer and as otherwise provided in Section 5.04Servicer.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Ford Credit Auto Receivables LLC), Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii), Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii)

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