Common use of Appointment as Custodian Clause in Contracts

Appointment as Custodian. Subject to the terms and conditions hereof, the Seller, the Trust and the Indenture Trustee, as their interests may appear, hereby appoint U.S. Bank National Association, and U.S. Bank National Association hereby accepts such appointment, as Custodian to maintain custody of the Receivables, the Contracts and the Receivable Files during such time as each such Person is a Receivables Holder.

Appears in 2 contracts

Sources: Custodial Agreement (Caterpillar Financial Asset Trust 2005-A), Custodial Agreement (Caterpillar Financial Asset Trust 2004-A)

Appointment as Custodian. Subject to the terms and conditions hereof, the SellerOriginator, the Trust Depositor, the Issuing Entity and the Indenture Trustee, as their interests may appear, hereby appoint U.S. Bank National Association, and U.S. Bank National Association hereby accepts such appointment, as Custodian to maintain custody of the Receivables, the Contracts and the Receivable Files during such time as each such Person is a Receivables Holder.

Appears in 2 contracts

Sources: Custodial Agreement (Caterpillar Financial Asset Trust 2006-A), Custodial Agreement (Caterpillar Financial Funding Corp)

Appointment as Custodian. Subject to the terms and conditions hereof, the Seller, the Trust and the Indenture Trustee, as their interests may appear, hereby appoint U.S. Bank National Association, and U.S. Bank National Association hereby accepts such appointment, as Custodian to maintain custody of the Receivables, the Contracts and the Receivable Receivables Files during such time as each such Person is a Receivables Holder.

Appears in 1 contract

Sources: Custodial Agreement (Caterpillar Financial Funding Corp)