Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Agreement and each other Transaction Document to which it is a party, and each of this Agreement and each such other Transaction Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
Appears in 15 contracts
Samples: Spread Account Agreement (Arcadia Financial LTD), Master Spread Account Agreement (Consumer Portfolio Services Inc), Execution Copy Spread Account Agreement (Arcadia Financial LTD)
Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Agreement and each other Transaction Basic Document to which it is a party, and each of this Agreement and each such other Transaction Basic Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' β rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
Appears in 13 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2005-B), Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2005-a-X), Spread Account Agreement (AmeriCredit Prime Automobile Receivables Trust 2007-2-M)
Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Agreement and each other Transaction Basic Document to which it is a party, and each of this Agreement and each such other Transaction Basic Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
Appears in 5 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2007-B), Spread Account Agreement (Americredit Automobile Receivable Trust 2005-D-A), Spread Account Agreement (UPFC Auto Receivables Trust 2005-A)
Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Agreement and each other Transaction Document to which it is a party, and each of this Agreement and each such other Transaction Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' the rights of creditors of federally insured depository institutions, rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
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)
Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Security Agreement and each other Transaction Document to which it is a party, and each of this Security Agreement and each such other Transaction Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
Appears in 2 contracts
Samples: Security Agreement (Olympic Financial LTD), Security Agreement (Arcadia Financial LTD)
Valid and Binding Agreement. The Collateral Agent has duly executed and delivered this Agreement and each other Transaction Document to which it is a party, and each of this Agreement and each such other Transaction Document constitutes the legal, valid and binding obligation of the Collateral Agent, enforceable against the Collateral Agent in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' , rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.
Appears in 1 contract
Samples: Master Spread Account Agreement (National Auto Finance Co Inc)