Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) the Certificateholders and the Administrator are, and shall deemed to be, the parties with the power and authority to control the Trust.
Appears in 22 contracts
Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Money Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and or the Administrator Servicer are, and shall deemed to be, the parties with the power and authority to exercise substantial control over the Trust.
Appears in 6 contracts
Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-1)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and or the Administrator Servicer are, and shall deemed to be, the parties with the power and authority to exercise substantial control over the Trust.
Appears in 6 contracts
Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-3)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Money Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and the Administrator Servicer are, and shall deemed to be, the parties with the power and authority to exercise substantial control over the Trust.
Appears in 4 contracts
Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-1)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and the Administrator are, and shall deemed to be, the parties with the power and authority to control the Trust.
Appears in 4 contracts
Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-2)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and or the Administrator Servicer are, and shall deemed to be, the parties with the power and authority to control the Trust.
Appears in 2 contracts
Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) the Certificateholders and the Administrator Servicer are, and shall deemed to be, the parties with the power and authority to control the Trust.
Appears in 1 contract
Samples: Trust Agreement (Afs Sensub Corp.)
Beneficial Ownership and Control of the Trust. The parties hereto agree that for purposes of the Applicable Anti-Money-Money Laundering Laws (a) the Certificateholders are and shall be deemed to be the sole beneficial owners of the Trust and (b) one or more Controlling Parties of the Certificateholders and the Administrator are, and shall deemed to be, the parties with the power and authority to control the Trust.
Appears in 1 contract
Samples: Trust Agreement (Afs Sensub Corp.)
