Common use of No Other Business Clause in Contracts

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will not purchase any additional Receivables.

Appears in 12 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

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No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and any activities incidental thereto. After The Issuer shall not fund the end purchase of any receivables other than the Funding Period, the Issuer will not purchase any additional Receivables.

Appears in 10 contracts

Samples: Indenture (National City Auto Receivables Trust 2002-A), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2), Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and engaging in any activities incidental thereto. After The Issuer shall not fund the end purchase of any receivables other than the Funding Period, the Issuer will not purchase any additional Receivables.

Appears in 5 contracts

Samples: Trust Agreement (California Republic Auto Receivables Trust 2015-2), Trust Agreement (California Republic Funding LLC), Indenture (California Republic Funding LLC)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional Receivablesnew Contracts.

Appears in 4 contracts

Samples: World Omni Auto Receivables Trust 2005-B, World Omni Auto Receivables LLC, World Omni Auto Receivables Trust 2005-A

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Related Receivables in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto. After the end of the Funding PeriodFacility Termination Date, the Issuer will shall not purchase any additional Receivables.

Appears in 4 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Consumer Portfolio Services Inc

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the other Basic Documents and any activities incidental thereto. After The Issuer shall not fund the end purchase of any receivables other than the Funding Period, the Issuer will not purchase any additional Receivables.

Appears in 4 contracts

Samples: Indenture (Fifth Third Auto Trust 2004-A), Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Indenture (Regions Auto Receivables Trust 2003-1)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional Receivables.

Appears in 3 contracts

Samples: Note Depository Agreement (Franklin Receivables Auto Trust 2003-1), Note Depository Agreement (Franklin Auto Trust 2004-2), Note Depository Agreement (Franklin Auto Trust 2003-2)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Pre-Funding Period, the Issuer will shall not fund the purchase any additional Receivables.

Appears in 2 contracts

Samples: Tia Indenture (Painewebber Asset Acceptance Corp), Securitized Asset Backed Receivables LLC

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional Receivables.

Appears in 2 contracts

Samples: Indenture (TMS Auto Holdings Inc), TMS Auto Holdings Inc

No Other Business. The Issuer shall not engage in any ----------------- business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Pre-Funding Period, the Issuer will shall not fund the purchase any additional Receivables.

Appears in 1 contract

Samples: Prudential Securities Secured Financing Corp

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Standard Receivables and Fixed Value Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After The Issuer shall not fund the end purchase of any new Contracts except Eligible Investment Receivables purchased with funds in the Funding Period, the Issuer will not purchase any additional ReceivablesReserve Account.

Appears in 1 contract

Samples: Indenture (Premier Auto Trust 1996-4)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto. After the end of the Funding PeriodFacility Termination Date, the Issuer will shall not purchase any additional Receivables.

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

No Other Business. The Except as otherwise contemplated by Section 3.21, the Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After The Issuer shall not fund the end purchase of the Funding Period, the Issuer will not purchase any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: Indenture (World Omni Auto Receivables LLC)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Pre-Funding Period, the Issuer will shall not purchase fund the acquisition of any additional Receivables.

Appears in 1 contract

Samples: United Fidelity Finance LLC

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No Other Business. The Issuer shall not engage in any ----------------- business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and any activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional new Receivables.

Appears in 1 contract

Samples: Administration Agreement (SSB Vehicle Securities Inc)

No Other Business. The Issuer shall not engage in ----------------- any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After The Issuer shall not fund the end purchase of the Funding Period, the Issuer will not purchase any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: Indenture (World Omni Auto Receivables LLC)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not purchase any additional Receivables.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

No Other Business. The Issuer shall not engage in any ----------------- business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After The Issuer shall not fund the end purchase of the Funding Period, the Issuer will not purchase any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: World Omni Auto Receivables LLC

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables Contracts in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: Onyx Acceptance Financial Corp

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto. After the end termination or expiration of the Funding Acquisition Period, the Issuer will shall not purchase any additional Receivables.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Standard Receivables and Fixed Value Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After The Issuer shall not fund the end purchase of the Funding Period, the Issuer will not purchase any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: Indenture (Premier Auto Trust 1997 1)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and activities incidental thereto. After the end of the Funding Period, the Issuer will shall not fund the purchase of any additional Receivablesnew Contracts.

Appears in 1 contract

Samples: Indenture (First Merchants Acceptance Corp)

No Other Business. The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Receivables in the manner contemplated by this Indenture and the Basic Documents and any activities incidental thereto. After The Issuer shall not fund the end purchase of the Funding Period, the Issuer will not purchase any additional new Receivables.

Appears in 1 contract

Samples: Indenture (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A)

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