Common use of Appointment of Owner Trustee Clause in Contracts

Appointment of Owner Trustee. The Transferor hereby confirms the appointment of the Owner Trustee as trustee of the Issuer effective as of the date of the Original Trust Agreement, to have all the rights, powers and duties set forth herein and under the Delaware Statutory Trust Act.

Appears in 40 contracts

Samples: Trust Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Trust Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Trust Agreement (Mercedes-Benz Auto Lease Trust 2024-A)

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Appointment of Owner Trustee. The Transferor Depositor hereby confirms the appointment of the Owner Trustee as trustee of the Issuer effective as of the date of the Original Trust Agreement, to have all the rights, powers and duties set forth herein and under in the Delaware Statutory Trust Act.

Appears in 40 contracts

Samples: Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)

Appointment of Owner Trustee. The Transferor Depositor hereby confirms the appointment of the Owner Trustee as trustee of the Issuer effective as of the date of the Original Trust Agreement, to have all the rights, powers and duties set forth in the Original Trust Agreement, herein and under in the Delaware Statutory Trust Act.

Appears in 12 contracts

Samples: Trust Agreement, Trust Agreement (California Republic Funding LLC), Trust Agreement (California Republic Auto Receivables Trust 2018-1)

Appointment of Owner Trustee. The Transferor hereby confirms the appointment of Trust Depositor appointed the Owner Trustee as trustee of the Issuer Trust effective as of the date of the Original Trust Agreement, to and as of the date hereof the Owner Trustee shall have all the rights, powers and duties set forth herein and under in the Delaware Statutory Trust Act, and the Owner Trustee hereby accepts such appointment.

Appears in 5 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Cit Equipment Collateral 2003-Ef1)

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Appointment of Owner Trustee. The Transferor Depositor hereby confirms affirms the appointment of the Owner Trustee as trustee of the Issuer Trust, effective as of the date of the Original Short-Form Trust Agreement, to . The Owner Trustee shall have all the rights, powers and duties set forth herein and under herein, including for the purpose of satisfying Section 3807(a) of the Delaware Statutory Trust Act, and the Owner Trustee hereby accepts such continued appointment.

Appears in 4 contracts

Samples: Trust Agreement (Navient Funding, LLC), Trust Agreement (Navient Student Loan Trust 2015-3), Trust Agreement (Navient Student Loan Trust 2015-2)

Appointment of Owner Trustee. The Transferor Beneficiary hereby confirms and ratifies the appointment of the Trustee Bank as Owner Trustee as trustee of the Issuer Trust effective as of the date of the Original Trust Agreement, to have all the rights, powers and duties set forth herein and under in the Delaware Statutory Trust Act.

Appears in 1 contract

Samples: Trust Agreement (WF Card Funding LLC)

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