Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 46 contracts
Samples: Trust Agreement (BMW Vehicle Lease Trust 2024-2), Trust Agreement (BMW Vehicle Lease Trust 2024-2), Trust Agreement (BMW Vehicle Lease Trust 2024-1)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 31 contracts
Samples: Trust Agreement (Atlanticus Holdings Corp), Trust Agreement (Atlanticus Holdings Corp), Trust Agreement (Cabela's Credit Card Master Note Trust)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 7 contracts
Samples: Trust Agreement (First National Funding LLC), Trust Agreement (First National Funding LLC), Trust Agreement (First National Master Note Trust)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 5 contracts
Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2004-A), Trust Agreement (Nissan Auto Lease Trust 2003-A)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 4 contracts
Samples: Trust Agreement (Ryder Truck Rental Lt), Trust Agreement (BMW Auto Leasing LLC), Trust Agreement (Ryder Truck Rental I Lp)
Appointment of Owner Trustee. The Transferor Transferors hereby appoints appoint the Owner Trustee as trustee of the Issuer Owner Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 2 contracts
Samples: Trust Agreement (Conseco Finance Credit Card Funding Corp), Trust Agreement (Conseco Finance Credit Funding Corp)
Appointment of Owner Trustee. The Transferor Transferor[s] hereby appoints appoint[s] the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 2 contracts
Samples: Trust Agreement (Ford Credit Floorplan LLC), Trust Agreement (Ford Credit Auto Receivables LLC)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein, herein and in the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacityAct.
Appears in 2 contracts
Samples: Trust Agreement (Alliance Laundry Systems LLC), Trust Agreement (Alliance Laundry Systems LLC)
Appointment of Owner Trustee. The Transferor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereofIssuer, to have all the rights, powers and duties set forth herein, and the . The Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 1 contract
Samples: Master Trust Agreement (GMF Floorplan Owner Revolving Trust)
Appointment of Owner Trustee. The Transferor Transferors hereby appoints appoint the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. All actions taken by the Owner Trustee are solely in its capacity as owner trustee, and not in an individual capacity.
Appears in 1 contract
