Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trustee in any Receivable, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Credit Account Master Trust)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any Receivable, if anyReceivable or in any Collateral Certificate, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Account Guidelines, nor shall it sell any assets in the Trust Assets except as provided in this Agreement or a related Supplementany Related Agreement.
Appears in 9 contracts
Samples: Servicing Agreement, Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would substantially impair the rights of the Trustee in any Receivable, if any, nor shall it it, except in the ordinary course of its business and in accordance with the Lending Guidelines, reschedule, revise or defer payments Collections due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related SupplementReceivables.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the applicable Collateral Agent, the Indenture Trustee or the Noteholders in any ReceivableCollateral Certificate or any Receivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 6 contracts
Samples: Transfer and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (Bank One Delaware National Association)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Signet Group PLC), Transfer and Servicing Agreement (Advanta Business Recievables Corp), Transfer and Servicing Agreement (Advanta Business Recievables Corp)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Collateral Agent, the Indenture Trustee or the Noteholders in any ReceivableCollateral Certificate or any Receivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement, Transfer and Servicing Agreement (Chase Issuance Trust)
Protection of Rights. The Servicer shall take no action in violation of this Agreement which, nor omit to take in violation of this Agreement any action the omission of which, would impair the rights of the Issuer or the Indenture Trustee in any ReceivableReceivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Compucredit Corp), Transfer and Servicing Agreement (Compucredit Corp), Transfer and Servicing Agreement (Compucredit Corp)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Owner Trustee, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account or any Participation Interest, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (Conseco Finance Credit Funding Corp)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would substantially impair the rights of the Trust, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (Compucredit Corp), Transfer and Servicing Agreement (Nordstrom Inc), Transfer and Servicing Agreement (Nordstrom Credit Inc)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trustee Agent, the Buyer or any other Owner, as the case may be, in any ReceivableReceivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 2 contracts
Samples: Transfer and Administration Agreement (Compucredit Corp), Transfer and Administration Agreement (Compucredit Corp)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would substantially impair the rights of the Trust, the Indenture Trustee or the Noteholders in any ReceivableReceivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Nordstrom Inc), Note Purchase Agreement (Bon Ton Stores Inc)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any Receivable, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Account Guidelines, nor shall it sell any assets in the Trust Assets except as provided in this Agreement or a related Supplementany Transaction Document.
Appears in 2 contracts
Samples: Servicing Agreement (Dryrock Issuance Trust), Servicing Agreement (Dryrock Issuance Trust)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trustee Company in any ReceivableUnderlying Receivable or the related Receivables Account, if any, nor shall it reschedule, revise or defer payments due on any Underlying Receivable except in the ordinary course of its business and in accordance with the applicable Credit Operational Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 2 contracts
Samples: Servicing Agreement (Bluestem Brands, Inc.), Servicing Agreement (Bluestem Brands, Inc.)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account or any Participation Interest, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Affinity Funding Corp Iii)
Protection of Rights. The Servicer shall not take no any action which, nor or omit to take any action the omission of which, would impair the rights of the Trustee Company, the Agent, the Collateral Agent and the Lenders in any Receivable, if anyReceivable or with respect to the related Obligor or the rights of the Agent, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related SupplementPolicies.
Appears in 1 contract
Samples: Facility Agreement (Burlington Industries Inc /De/)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Owner Trustee, the Indenture Trustee or the Noteholders in any ReceivableReceivable or the related Account or any Participation Interest, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Issuing Entity, the Indenture Trustee or the Noteholders in any ReceivableReceivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Wachovia Card Receivables LLC)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trustee Trust in any Receivable, if any, nor shall it reschedule, revise revise, waive or defer payments due on any Receivable except in accordance with the applicable Credit Account Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Owner Trustee, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account or any Participation Interest, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Conseco Finance Credit Card Funding Corp)
Protection of Rights. The Servicer shall take no action -------------------- which, nor omit to take any action the omission of which, would impair the rights of the Owner Trustee, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable Receivable, except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Signet Jewelers LTD)
Protection of Rights. The Servicer shall take no action in breach of this Agreement which, nor omit to take in breach of this Agreement any action the omission of which, would impair the rights of the Issuer or the Indenture Trustee in any ReceivableReceivable or the related Account, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Card Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Protection of Rights. The Servicer shall not take no action whichany action, nor omit to take any action the omission of whichaction, which would materially impair the rights of the Trustee Borrower, the Lender or the Collateral Agent in any Designated Receivable, if any, nor shall it reschedule, revise or defer payments due on any Receivable Designated Receivable, except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related SupplementCollection Policies and Procedures.
Appears in 1 contract
Protection of Rights. The Servicer shall take no action -------------------- which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Owner Trustee, the Indenture Trustee or the Noteholders in any ReceivableReceivable (or the underlying receivable) or the related Account or any Participation Interest, if any, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit Guidelines, nor shall it sell any assets in the Trust except as provided in this Agreement or a related Supplement.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)
Protection of Rights. The Servicer shall take no action which, nor omit to take any action the omission of which, would impair the rights of the Trust, the Indenture Trustee or the Noteholders in any Receivable, if anyReceivable or in any Collateral Certificate, nor shall it reschedule, revise or defer payments due on any Receivable except in accordance with the applicable Credit GuidelinesAccount Guidelines or any Requirements of Laws, nor shall it sell any assets in the Trust Assets except as provided in this Agreement or a related Supplementany Related Agreement.
Appears in 1 contract
Samples: Servicing Agreement
