Common use of COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE Clause in Contracts

COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE. Section 8.01. Owner Trustee’s Fees and Expenses 25 Section 8.02. Indemnification 25 Section 8.03. Payments to the Owner Trustee 25 ARTICLE NINE TERMINATION OF TRUST AGREEMENT Section 9.01. Termination of Trust Agreement 26 ARTICLE TEN SUCCESSOR AND ADDITIONAL OWNER TRUSTEES Section 10.01. Eligibility Requirements for Owner Trustee 28 Section 10.02. Resignation or Removal of Owner Trustee 28 Section 10.03. Successor Owner Trustee 29 Section 10.04. Merger or Consolidation of Owner Trustee 29 Section 10.05. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE ELEVEN REGULATION AB Section 11.01. Intent of the Parties; Reasonableness 32 Section 11.02. Representations and Warranties 32 Section 11.03. Information to Be Provided by the Owner Trustee 32 ARTICLE TWELVE MISCELLANEOUS Section 12.01. Supplements and Amendments 34 Section 12.02. Limitations on Rights of Others 35 Section 12.03. Notices 35 Section 12.04. Severability 36 Section 12.05. Counterparts 36 Section 12.06. Successors and Assigns 36 Section 12.07. No Petition 36 Section 12.08. Table of Contents and Headings 36 Page

Appears in 3 contracts

Samples: Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Mercedes Benz Auto Receivables Trust 2012-1)

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COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE. 16 Section 8.017.1. Owner Trustee’s Fees and Expenses 25 16 Section 8.027.2. Indemnification 25 Section 8.03. Payments to the of Owner Trustee 25 16 Section 7.3. Organizational Expenses of Issuer 17 ARTICLE NINE VIII TERMINATION OF TRUST AGREEMENT 18 Section 9.018.1. Termination of Trust Agreement 26 and Issuer 18 ARTICLE TEN IX SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES 18 Section 10.019.1. Eligibility Requirements for Owner Trustee 28 18 Section 10.029.2. Resignation or Removal of Owner Trustee 28 19 Section 10.039.3. Successor Owner Trustee 29 19 Section 10.049.4. Merger or Consolidation Consolidation; Transfer of Owner Trustee 29 Assets 20 Section 10.059.5. Appointment of Separate Trustee or Co-Trustee or Separate Trustee 30 20 Section 9.6. Compliance with Delaware Statutory Trust Act 21 ARTICLE ELEVEN REGULATION AB X OTHER AGREEMENTS 21 Section 11.0110.1. Intent of the Parties; Reasonableness 32 Section 11.02. Representations and Warranties 32 Section 11.03. Information to Be Provided by the Owner Trustee 32 ARTICLE TWELVE MISCELLANEOUS Section 12.01. Supplements and Amendments 34 Section 12.02. Limitations Limitation on Rights of Others 35 21 Section 12.03. Notices 35 Section 12.04. Severability 36 Section 12.05. Counterparts 36 Section 12.06. Successors and Assigns 36 Section 12.0710.2. No Petition 36 21 Section 12.0810.3. Table Limited Recourse 22 Section 10.4. Subordination 22 Section 10.5. Rights Limited to 20 - Exchange Note 22 ARTICLE XI MISCELLANEOUS 23 Section 11.1. Amendments 23 Section 11.2. Benefit of Contents Agreement 24 Section 11.3. Notices 25 Section 11.4. GOVERNING LAW 25 Section 11.5. WAIVER OF JURY TRIAL 25 Section 11.6. Severability 25 Section 11.7. Headings 25 Section 11.8. Counterparts 26 Exhibit A Form of Certificate of Trust EA-1 AMENDED AND RESTATED TRUST AGREEMENT, dated as of , 20 (this “Agreement”), between FORD CREDIT AUTO LEASE TWO LLC, a Delaware limited liability company, as Depositor, and Headings 36 Page, a , not in its individual capacity but solely as trustee under this Agreement, to establish Ford Credit Auto Lease Trust 20 - .

Appears in 2 contracts

Samples: Trust Agreement (CAB East LLC), Trust Agreement (CAB East LLC)

COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE. 16 Section 8.017.1. Owner Trustee’s Fees and Expenses 25 16 Section 8.027.2. Indemnification 25 Section 8.03. Payments to the of Owner Trustee 25 16 Section 7.3. Organizational Expenses of Issuer 17 ARTICLE NINE VIII TERMINATION OF TRUST AGREEMENT 17 Section 9.018.1. Termination of Trust Agreement 26 and Issuer 17 ARTICLE TEN IX SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES 18 Section 10.019.1. Eligibility Requirements for Owner Trustee 28 18 Section 10.029.2. Resignation or Removal of Owner Trustee 28 18 Section 10.039.3. Successor Owner Trustee 29 19 Section 10.049.4. Merger or Consolidation Consolidation; Transfer of Owner Trustee 29 Assets 20 Section 10.059.5. Appointment of Separate Trustee or Co-Trustee or Separate Trustee 30 20 Section 9.6. Compliance with Delaware Statutory Trust Act 21 ARTICLE ELEVEN REGULATION AB X OTHER AGREEMENTS 21 Section 11.0110.1. Intent of the Parties; Reasonableness 32 Section 11.02. Representations and Warranties 32 Section 11.03. Information to Be Provided by the Owner Trustee 32 ARTICLE TWELVE MISCELLANEOUS Section 12.01. Supplements and Amendments 34 Section 12.02. Limitations Limitation on Rights of Others 35 21 Section 12.03. Notices 35 Section 12.04. Severability 36 Section 12.05. Counterparts 36 Section 12.06. Successors and Assigns 36 Section 12.0710.2. No Petition 36 21 ARTICLE XI MISCELLANEOUS 21 Section 12.0811.1. Table Amendments 21 Section 11.2. Benefit of Contents Agreement; Third-Party Beneficiaries 23 Section 11.3. Notices 23 Section 11.4. GOVERNING LAW 24 Section 11.5. WAIVER OF JURY TRIAL 24 Section 11.6. Severability 24 Section 11.7. Headings 24 Section 11.8. Counterparts 24 SECOND AMENDED AND RESTATED TRUST AGREEMENT, dated as of June 1, 2019 (this “Agreement”), between FORD CREDIT AUTO RECEIVABLES TWO LLC, a Delaware limited liability company, as Depositor, and Headings 36 PageU.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as trustee under this Agreement, for Ford Credit Auto Owner Trust 2019-B.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2019-B), Trust Agreement (Ford Credit Auto Owner Trust 2019-B)

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COMPENSATION AND INDEMNIFICATION OF OWNER TRUSTEE. Section 8.01. Owner Trustee’s Fees and Expenses 25 Section 8.02. Indemnification 25 Section 8.03. Payments to the Owner Trustee 25 ARTICLE NINE TERMINATION OF TRUST AGREEMENT Section 9.01. Termination of Trust Agreement 26 ARTICLE TEN SUCCESSOR AND ADDITIONAL OWNER TRUSTEES Section 10.01. Eligibility Requirements for Owner Trustee 28 Section 10.02. Resignation or Removal of Owner Trustee 28 Section 10.03. Successor Owner Trustee 29 Section 10.04. Merger or Consolidation of Owner Trustee 29 Section 10.05. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE ELEVEN REGULATION AB Section 11.01. Intent of the Parties; Reasonableness 32 Section 11.02. Representations and Warranties 32 Section 11.03. Information to Be Provided by the Owner Trustee 32 ARTICLE TWELVE MISCELLANEOUS Section 12.01. Supplements and Amendments 34 Section 12.02. Limitations on Rights of Others 35 Section 12.03. Notices 35 Section 12.04. Severability 36 Section 12.05. Counterparts 36 Section 12.06. Successors and Assigns 36 Section 12.07. No Petition 36 Section 12.08. Table of Contents and Headings 36 37 iii Page

Appears in 1 contract

Samples: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2011-1)

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