Common use of No Modifications Clause in Contracts

No Modifications. The Servicer shall not amend or otherwise modify any Receivable such that the Amount Financed, the Annual Percentage Rate, or the number of originally scheduled due dates is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Date.

Appears in 61 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3)

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No Modifications. The Notwithstanding anything to the contrary in this Agreement or otherwise, the Servicer shall not amend or otherwise modify any Receivable such that the Amount Financed, the Annual Percentage Rate, or the number of originally scheduled due dates is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Date.

Appears in 41 contracts

Samples: Servicing Agreement, Servicing Agreement (Ally Auto Receivables Trust 2019-3), Servicing Agreement (Ally Auto Receivables Trust 2019-3)

No Modifications. The Servicer shall not amend or otherwise modify any Receivable other than in accordance with Section 2.02(a) or such that the Amount Financed, the Annual Percentage Rate, or the number of originally scheduled due dates is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Date.

Appears in 4 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2016-1), Servicing Agreement (Ally Auto Receivables Trust 2016-1), Servicing Agreement (Ally Auto Receivables Trust 2015-2)

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No Modifications. The Servicer shall not amend or otherwise modify any Receivable such that the Amount Financed, the Annual Percentage Rate, Rate or the number of originally scheduled due dates dates, is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Termination Date.

Appears in 1 contract

Samples: Servicing Agreement (Banc of America Securities Auto Trust 2006-G1)

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