No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 394 contracts
Samples: Issuer Administration Agreement (BMW Vehicle Lease Trust 2024-1), Vehicle Lease Trust (BMW Vehicle Lease Trust 2024-1), Issuer Administration Agreement (BMW Vehicle Lease Trust 2023-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 265 contracts
Samples: Administration Agreement (Honda Auto Receivables 2024-2 Owner Trust), Administration Agreement (Honda Auto Receivables 2024-2 Owner Trust), Administration Agreement (CarMax Auto Owner Trust 2024-2)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 224 contracts
Samples: Administration Agreement (Nissan Auto Receivables 2024-a Owner Trust), Administration Agreement (Nissan Auto Receivables 2024-a Owner Trust), Administration Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 173 contracts
Samples: Administration Agreement (Ally Auto Receivables Trust 2024-1), Administration Agreement (Ally Auto Receivables Trust 2024-1), Administration Agreement (Ally Auto Receivables Trust 2023-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 150 contracts
Samples: Sale and Servicing (Efcar, LLC), Sale and Servicing (Efcar, LLC), Sale and Servicing (Consumer Portfolio Services Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Administrator, the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator, the Issuer or the Owner Trustee or (iii) shall be deemed to confer on any of them the Administrator, the Issuer or the Owner Trustee any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 134 contracts
Samples: Administration Agreement (Santander Drive Auto Receivables Trust 2024-2), Administration Agreement (Santander Drive Auto Receivables Trust 2024-2), Administration Agreement (Drive Auto Receivables Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator or the Issuer or (iii) shall be deemed to confer on any of them the Administrator or the Issuer any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 119 contracts
Samples: Administration Agreement (Porsche Auto Funding LLC), Administration Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Administration Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
No Joint Venture. Nothing contained in this Administration Agreement (ia) shall constitute the Administrator and either of the Issuer as partners or the Owner Trustee as co-members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any either of them or (iiic) shall be deemed to confer on any either of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 111 contracts
Samples: Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Servicer and either any of the Issuer Issuer, the Trustee, the Trust Collateral Agent or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 110 contracts
Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2024-1), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2024-1), Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2024-2)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 99 contracts
Samples: Servicing Agreement, Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 96 contracts
Samples: Administration Agreement (CNH Equipment Trust 2024-B), Administration Agreement (CNH Equipment Trust 2024-B), Administration Agreement (CNH Equipment Trust 2024-A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuing Entity, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 95 contracts
Samples: Administration Agreement (World Omni Auto Receivables Trust 2024-A), Administration Agreement (World Omni Auto Receivables Trust 2024-A), Administration Agreement (World Omni Auto Receivables Trust 2023-D)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 80 contracts
Samples: Administration Agreement (Navient Student Loan Trust 2014-1), Administration Agreement (SLM Student Loan Trust 2014-2), Administration Agreement (SLM Student Loan Trust 2014-1)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them them, or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 62 contracts
Samples: Administration Agreement (GM Financial Automobile Leasing Trust 2024-2), Administration Agreement (GM Financial Automobile Leasing Trust 2024-2), Administration Agreement (GM Financial Automobile Leasing Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrative Agent and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 56 contracts
Samples: Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Lease Trust 2021-A), Trust Administration Agreement (Nissan Auto Lease Trust 2021-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 52 contracts
Samples: Administration Agreement (Hercules Capital, Inc.), Administration Agreement (Horizon Technology Finance Corp), Administration Agreement (Hercules Capital, Inc.)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 48 contracts
Samples: Administration Agreement (Daimler Trucks Retail Trust 2024-1), Administration Agreement (Daimler Trucks Retail Trust 2024-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 40 contracts
Samples: Administration Agreement (Vw Credit Leasing LTD), Administration Agreement (Volkswagen Auto Lease Trust 2015-A), Administration Agreement (Volkswagen Auto Lease Trust 2015-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Owner Trust Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 38 contracts
Samples: Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2023-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2023-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2022-A)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 36 contracts
Samples: Administration Agreement (SLC Student Loan Trust 2010-1), Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (Wholesale Auto Receivables Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Issuing Entity as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 36 contracts
Samples: Administration Agreement (World Omni LT), Administration Agreement (World Omni LT), Administration Agreement (World Omni LT)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 35 contracts
Samples: Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (Homebanc Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either Servicer nor any of the Issuer Issuer, the Holding Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 33 contracts
Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Trust Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 29 contracts
Samples: Custodial Agreement (Fieldstone Mortgage Investment CORP), Sale and Servicing Agreement (Indymac Abs Inc), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either any of the Issuer Issuer, the Trustee, the Trust Collateral Agent or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 29 contracts
Samples: Sale and Servicing (AFS SenSub Corp.), Sale and Servicing (AFS SenSub Corp.), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2015-4)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 28 contracts
Samples: Administration Agreement (GE TF Trust), Administration Agreement (GE TF Trust), Administration Agreement (GE Equipment Midticket LLC, Series 2012-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 27 contracts
Samples: Administration Agreement (Structured Asset Securities Corp), Administration Agreement (Aegis Asset Backed Securities Trust 2005-2), Administration Agreement (Saxon Asset Securities Trust 2004-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuing Entity, the Grantor Trust, the Grantor Trust Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 23 contracts
Samples: Administration Agreement (Carvana Auto Receivables Trust 2022-P3), Administration Agreement (Carvana Auto Receivables Trust 2022-P3), Administration Agreement (Carvana Auto Receivables Trust 2022-P2)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 21 contracts
Samples: Administration Agreement (CNH Capital Receivables Inc), Administration Agreement (CNH Capital Receivables LLC), Administration Agreement (CNH Capital Receivables Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 21 contracts
Samples: Administration Agreement (Harley-Davidson Motorcycle Trust 2024-A), Administration Agreement (Harley-Davidson Motorcycle Trust 2024-A), Administration Agreement (Harley-Davidson Motorcycle Trust 2023-B)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 16 contracts
Samples: Administration Agreement, Administration Agreement (SLM Private Credit Student Loan Trust 2006-B), Administration Agreement (SLM Private Credit Student Loan Trust 2006-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 15 contracts
Samples: Administration Agreement (Bank One Auto Securitization Trust 2003-1), Administration Agreement (Bank One Auto Securitization LLC), Administration Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 15 contracts
Samples: Execution Copy (Keycorp Student Loan Trust 2003-A), Execution Copy (Keycorp Student Loan Trust 2002-A), Administration Agreement (Keycorp Student Loan Trust 2000-A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 14 contracts
Samples: Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement, Transfer and Servicing Agreement (Chase Issuance Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall will constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall will be construed to impose any liability as such on any of them or (iii) shall will be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 12 contracts
Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing (Triad Automobile Receivables Trust 2002 A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, either Trustee or the Owner Trustee both Trustees as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 11 contracts
Samples: California Republic (California Republic Funding LLC), Administration Agreement (California Republic Auto Receivables Trust 2018-1), Administration Agreement (California Republic Auto Receivables Trust 2018-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Servicer, respectively, and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 10 contracts
Samples: Administration Agreement (Life Financial Home Loan Owner Trust 1997-3), Administration Agreement (Master Financial Asset Securitization Trust 1998-2), Administration Agreement (Painewebber Mort Accept Corp Iv Empire Funding 1999-1)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (PSNH Funding LLC 3), Administration Agreement, Administration Agreement (PSNH Funding LLC 3)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Note Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (BEC Funding II, LLC), Administration Agreement (CEC Funding, LLC), Administration Agreement (CEC Funding, LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (California Republic Auto Receivables Trust 2015-2), Administration Agreement (California Republic Auto Receivables Trust 2015-1), Administration Agreement (California Republic Funding LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 9 contracts
Samples: Administration Agreement (Usa Group Secondary Market Services Inc), Administration Agreement (SMS Student Loan Trust 2000-B), Administration Agreement (Usa Group Secondary Market Services Inc)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Collateral Administrator and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 8 contracts
Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Collateral Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business business, or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied implied, or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or Issuer, the Owner Trustee or any Owner as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement, Administration Agreement, Administration Agreement (National Collegiate Student Loan Trust 2006-3)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator or the Depositor, respectively, and either of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Administration Agreement (SACO I Trust 2006-1), Administration Agreement (Bear Stearns Asset Backed Securities I LLC), Administration Agreement (Bear Stearns Second Lien Trust 2007-1)
No Joint Venture. Nothing contained in this Agreement (i) ---------------- shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 8 contracts
Samples: Sale and Servicing (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Valuation Agent and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 8 contracts
Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Valuation Administration Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Issuer, the Collateral Administrator and either of the Issuer or the Owner Trustee as Collateral Manager members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Collateral Administration Agreement (BC Partners Lending Corp), Collateral Administration Agreement (Barings BDC, Inc.), Collateral Administration Agreement (CION Investment Corp)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Trust as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (Synchrony Card Issuance Trust), Administration Agreement (Synchrony Financial), Administration Agreement (GE Capital Credit Card Master Note Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall will constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall will be construed to impose any liability as such on any of them or (iii) shall will be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Owner Trust 2005-A), Administration Agreement (Ford Credit Auto Receivables Two LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 7 contracts
Samples: Administration Agreement (First National Funding LLC), Administration Agreement (First National Funding LLC), Administration Agreement (First National Master Note Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute be deemed to confer on the Administrator Servicer and either of the Issuer or the Owner Trustee as members of membership in any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Subsequent Transfer Agreement (Franklin Auto Trust 2004-2), Sale and Servicing Agreement (Franklin Receivables LLC), Sale and Servicing Agreement (Franklin Auto Trust 2007-1)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Custodian and either of the Issuer or the Owner Trustee Borrower as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 6 contracts
Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Custodial Agreement (Nuveen Mortgage Opportunity Term Fund 2)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator Administrative Agent and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Trust Administration Agreement (Nissan Auto Lease Trust 2023-B), Trust Administration Agreement (Nissan Auto Lease Trust 2023-B), Trust Administration Agreement (Nissan Auto Lease Trust 2023-A)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Administrative Agent and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Leasing LLC Ii)
No Joint Venture. Nothing With respect to the Administrator and the Issuer, nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 6 contracts
Samples: Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Sale and Servicing (UPFC Auto Receivables Trust 2007-A), Sale and Servicing (UPFC Auto Receivables Trust 2006-A), Sale and Servicing (UPFC Auto Receivables Trust 2006-B)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.deemed
Appears in 6 contracts
Samples: Administration Agreement (Nissan Auto Receivables Corp /De), Administration Agreement (Nissan Auto Receivables Corp /De), Administration Agreement (Nissan Auto Receivables 2001-a Owner Trust)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer or and the Owner Trustee Collateral Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 6 contracts
Samples: Collateral Administration Agreement, Collateral Administration Agreement (FS Investment Corp II), Collateral Administration Agreement (FS Investment CORP)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Mellon Auto Grantor Trust 2000-1), Pooling and Servicing Agreement (Mellon Auto Receivables Corp), Pooling and Servicing Agreement (Mellon Auto Grantor Trust 2000-2)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either of the Issuer Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Ally Wholesale Enterprises LLC), Administration Agreement (Wholesale Auto Receivables Corp), Administration Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator Administrator, and either of the Issuer Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them the Administrator, the Trust or the Owner Trustee, or (iii) shall be deemed to confer on any of them the Administrator, the Trust or the Owner Trustee any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (First Horizon Asset Sec HELOC Notes Ser 2007-He1), Administration Agreement (First Horizon Asset Securities Inc), Administration Agreement (First Horizon Asset Securities Inc)
No Joint Venture. Nothing contained in this Agreement shall (ia) shall constitute the Administrator and either of the Bond Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement, Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Custodian, the Issuer Administrative Agent, the Manager or the Owner Trustee Borrower, respectively, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Custodial Agreement, Custodial Agreement (FS Global Credit Opportunities Fund-D), Custodial Agreement (American Capital, LTD)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer confirm on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Conseco Finance Securitizations Corp), Administration Agreement (Green Tree Financial Corp), Administration Agreement (Conseco Finance Securitizations Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Issuer, the Eligible Lender Trustee, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Collegiate Funding Services Education Loan Trust 2003-A), Administration Agreement (Collegiate Funding Services Education Loan Trust 2005-A), Administration Agreement (Collegiate Funding of Delaware LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer Owner Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (Capital One Auto Finance Trust 2002-A), Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuer, the Delaware Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (NCT Funding Co LLC), Administration Agreement (Cit Equipment Collateral 2003-Vt1), Administration Agreement (Cit Equipment Collateral 2002-Vt1)
No Joint Venture. Nothing contained in this Agreement shall (i) shall ---------------- constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 5 contracts
Samples: Administration Agreement (First Consumers Master Trust), Administration Agreement (First Consumers Master Trust), Administration Agreement (Spiegel Master Trust)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator Securities Administrator, the Master Servicer, any Servicer, the Seller or the Depositor, respectively, and either any of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any joint liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Pooling Agreement (Luminent Mortgage Trust 2006-7), Pooling Agreement (Luminent Mortgage Trust 2007-1), Pooling Agreement (Luminent Mortgage Trust 2006-6)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.. Administration Agreement
Appears in 4 contracts
Samples: Administration Agreement (GE Equipment Midticket LLC, Series 2011-1), Administration Agreement (GE Equipment Midticket LLC, Series 2011-1), Administration Agreement (GE Equipment Transportation LLC, Series 2011-1)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of or the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (Zipcar Inc), Administration Agreement (Zipcar Inc), Administration Agreement (Hertz Global Holdings Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the either Administrator and either of the Issuer or Trust, the Owner Trustee or the Depositor as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Delta Financial Corp), Administration Agreement (Delta Financial Corp), Administration Agreement (Delta Financial Corp)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Administrator and either any of the Issuer Issuer, the Eligible Lender Trustee or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (Navient Student Loan Trust 2015-3), Administration Agreement (Navient Student Loan Trust 2015-2), Administration Agreement (Navient Student Loan Trust 2015-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.,
Appears in 4 contracts
Samples: Administration Agreement (WFS Financial Auto Loans Inc), Administration Agreement (WFS Financial Auto Loans Inc), Administration Agreement (WFS Financial 1998 a Owner Trust)
No Joint Venture. Nothing contained in this Agreement ---------------- (i) shall constitute the Administrator Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Sale and Servicing Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Agreement (Americredit Financial Services Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or Issuer, the Owner Trustee or any Owner as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Administration Agreement (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1996-S2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Master Servicer and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 4 contracts
Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc), Sale and Servicing (Advanta Automobile Receivables Trust 1997-1), Sale and Servicing Agreement (Avco Abs Receivables Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Securities Administrator and either of the Issuer or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (PHH Mortgage Trust, Series 2008-Cim1), Administration Agreement (PHH Mortgage Trust, Series 2008-Cim2), Administration Agreement (Structured Asset Mortgage Investments Ii Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Company, the Collateral Administrator and either of the Issuer or the Owner Trustee as Collateral Manager members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer or and the Owner Trustee Investment Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (FS Investment Corp III), Collateral Administration Agreement (FS Investment Corp II), Collateral Administration Agreement (FS Energy & Power Fund)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Clearing Agent and either of the Issuer or the Owner Trustee Introducing Firm as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Disclosed Clearing Agreement (Cowen Group, Inc.), Disclosed Clearing Agreement (Cowen Group, Inc.), Cowen Group, Inc.
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the [Owner Trustee Trustee] as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (HMB Acceptance Corp.), Administration Agreement (Bayview Financial Securities Co LLC), Administration Agreement (BLG Securities Company, LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee or the Seller as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Household Consumer Loan Trust 1997-1), Execution Copy (Household Consumer Loan Trust 1997-1), Administration Agreement (Household Consumer Loan Trust 1997-2)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator Servicer and either any of the Issuer Issuer, the Depositor, the Transferor or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Painewebber Asset Acceptance Corp)
No Joint Venture. Nothing contained in this Agreement shall ---------------- (ia) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute be deemed to make the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any either of them or (iiic) shall be deemed to confer on any either of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother outside the terms of this Administration Agreement.
Appears in 3 contracts
Samples: Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (Jcp&l Transition Funding LLC)
No Joint Venture. Nothing contained in this Agreement (ia) shall constitute the Borrower, the Collateral Administrator and either of the Issuer or the Owner Trustee Collateral Manager as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (iib) shall be construed to impose any liability as such on any of them or (iiic) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (Oxford Square Capital Corp.), Collateral Administration Agreement (TICC Capital Corp.), Collateral Administration Agreement (Business Development Corp of America)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer Issuing Entity or the Owner Trustee Trustee, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1), Administration Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Sl2), Administration Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-Sl1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute constitutes the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall is to be construed to impose any liability as such on any of them or (iii) shall is to be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Ford Credit Floorplan LLC), Administration Agreement (Ford Credit Floorplan LLC), Administration Agreement (Ford Credit Auto Receivables LLC)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or Issuer, the Grantor Trustee, the Owner Trustee or any Owner as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (National Collegiate Student Loan Trust 2005-2), Administration Agreement (National Collegiate Student Loan Trust 2005-1), Administration Agreement (National Collegiate Student Loan Trust 2004-2)
No Joint Venture. Nothing contained in this Agreement Agreement: (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee Collateral Agent as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Agent Administration Agreement (GE TF Trust), Administration Agreement (Cef Equipment Holding LLC), Collateral Agent Administration Agreement (GECB Equipment Funding, LLC)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Group II Administrator and either of or the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the othersother.
Appears in 3 contracts
Samples: Group Ii Administration Agreement (Hertz Global Holdings Inc), Group Ii Administration Agreement (Hertz Global Holdings Inc), Group Ii Administration Agreement (Hertz Global Holdings Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer or the Owner Trustee SPV as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Greyhound Funding LLC), Administration Agreement (Greyhound Funding LLC), Administration Agreement (Fah Co Inc)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator or the Depositor, respectively, and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-3), Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-2), Administration Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of Collateral Administrator, the Issuer Collateral Manager or the Owner Trustee Issuer, respectively, as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Collateral Administration Agreement (Silver Point Specialty Lending Fund), Collateral Administration Agreement (JMP Group LLC), Collateral Administration Agreement (JMP Group Inc.)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either any of the Issuer Issuer, the Owner Trustee or the Owner Eligible Lender Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (KeyCorp Student Loan Trust 2006-A), Administration Agreement (Key Consumer Receivables LLC), Administration Agreement (KeyCorp Student Loan Trust 2005-A)
No Joint Venture. Nothing contained in this Agreement shall (i) shall constitute the Administrator and either of the Issuer Issuing Entity, the Owner Trustee or the Owner Indenture Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them them, or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 3 contracts
Samples: Administration Agreement (Huntington Auto Trust 2012-2), Administration Agreement (Huntington Funding, LLC), Administration Agreement (Huntington Auto Trust 2012-1)
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed con strued to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Administration Agreement (Capital Auto Receivables Inc), Navistar Financial Retail Receivables Corporation
No Joint Venture. Nothing contained in this Agreement (i) shall constitute the Administrator and either Servicer nor any of the Issuer Issuer, the Holding Trust or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate 82 entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2022-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2022-3)
