Common use of Acceptance by Owner Trustee Clause in Contracts

Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule 1, as delivered from time to time, at the Corporate Trust Office.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (Conseco Finance Credit Funding Corp)

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Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with within five Business Days of the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule SCHEDULE 1, as delivered from time to time, at the Corporate Trust Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)

Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed to the Trust pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c)the penultimate paragraph of Section 2.01. The Owner Trustee shall maintain a copy of Schedule 1, as delivered from time to time, at the Corporate Trust ---------- Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)

Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with within five Business Days of the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule 1, as delivered from time to time, at the Corporate Trust Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Affinity Funding Corp Iii)

Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges thatacknowledges, prior to or simultaneously that in accordance with the execution and delivery of this Agreement, the Transferor has delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule 1, as delivered from time to time, at the Corporate Trust Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I)

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Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule 1, as delivered ---------- from time to time, at the Corporate Trust Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)

Acceptance by Owner Trustee. (a) The Owner Trustee hereby acknowledges its acceptance on behalf of the Trust of all right, title and interest to the property, now existing and hereafter created, conveyed pursuant to Section 2.01. The Owner Trustee further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Owner Trustee the computer file or microfiche list relating to the Initial Accounts described in subsection 2.01(c). The Owner Trustee shall maintain a copy of Schedule SCHEDULE 1, as delivered from time to time, at the Corporate Trust Office.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)

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