Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with indemnification satisfactory to it from the Controlling Party.
Appears in 15 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Corp.), Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (Americredit Automobile Receivable Trust 2005-D-A)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with the indemnification satisfactory to it from of the Controlling Party.
Appears in 11 contracts
Samples: Spread Account Agreement (Olympic Financial LTD), Spread Account Agreement (Olympic Financial LTD), Spread Account Agreement (Arcadia Financial LTD)
Performance of Duties. The Collateral Agent shall not have no any duties or responsibilities except those expressly set forth in this Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with indemnification satisfactory to it from the Controlling Party.
Appears in 6 contracts
Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2010-A), Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2007-D-F), Spread Account Agreement (AFS SenSub Corp.)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party or or, subject to Section 4.01 above, as directed in writing by the Controlling Secured Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with the indemnification satisfactory to it from of the Controlling Secured Party.
Appears in 3 contracts
Samples: Security Agreement (Harley Davidson Customer Funding Corp), Security Agreement (Eaglemark Inc), Security Agreement (Eaglemark Inc)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party as Collateral Agent or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with the indemnification satisfactory to it from of the Controlling Party.
Appears in 3 contracts
Samples: Master Spread Account Agreement (National Auto Finance Co Inc), Master Spread Account Agreement (National Auto Finance Co Inc), Master Spread Account Agreement (National Auto Finance Co Inc)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with indemnification satisfactory to it from the Controlling Party.
Appears in 3 contracts
Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2005-a-X), Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2007-a-X)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Security Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Security Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with the indemnification satisfactory to it from of the Controlling Party.
Appears in 2 contracts
Samples: Security Agreement (Olympic Financial LTD), Security Agreement (Arcadia Financial LTD)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities with respect to the Secured Party except those expressly set forth in this Pledge Agreement and the other Basic Documents to which the Collateral Agent is a party or as directed in writing by the Controlling Secured Party in accordance with pursuant to this Pledge Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with indemnification satisfactory to it from the Controlling Party.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement (Ugly Duckling Corp), Guaranty and Pledge Agreement (Ugly Duckling Corp)
Performance of Duties. The Collateral Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and the other Basic Transaction Documents to which the Collateral Agent is a party or as directed by the Controlling Party in accordance with this Agreement. The Collateral Agent shall not be required to take any discretionary actions hereunder except at the written direction and with indemnification satisfactory to it from the Controlling Party.
Appears in 1 contract
Samples: Spread Account Agreement (Prudential Securities Secured Financing Corp)
