Performance of Obligations; Servicing of Contracts. (a) The Issuer shall not take any action and shall use its best efforts not to permit any action to be taken by others that would release any Person from any of such Person's material covenants or obligations under any instrument or agreement included in the Trust Estate or that would result in the amendment, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any such instrument or agreement, except as expressly provided in this Indenture and the other Transaction Documents.
Appears in 2 contracts
Samples: Carmax Auto Receivables LLC, First Investors Financial Services Group Inc
Performance of Obligations; Servicing of Contracts. (a) The Issuer shall will not take any action and shall will use its best efforts not to permit any action to be taken by others that would release any Person from any of such Person's material covenants or obligations under any instrument or agreement included in the Trust Estate Collateral or that would result in the amendment, hypothecation, subordination, termination or discharge of, or impair the validity or effectiveness of, any such instrument or agreement, except as expressly provided in this Indenture and the other Transaction Documents.or
Appears in 2 contracts
Samples: Indenture (Greatamerica Leasing Receivables 2000-1 LLC), Indenture (Greatamerica Leasing Receivables 2000-1 LLC)