Common use of Duties of AART Owner Trustee Clause in Contracts

Duties of AART Owner Trustee. (a) The AART Owner Trustee undertakes to perform such duties, and only such duties, as are specifically set forth in this Agreement and the other AART Transaction Documents, including the administration of the Trust in the interest of the Certificateholders, subject to the AART Transaction Documents and in accordance with the provisions of this Agreement. No implied covenants or obligations shall be read into this Agreement.

Appears in 11 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)

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Duties of AART Owner Trustee. (a) The AART Owner Trustee undertakes to perform such duties, and only such duties, as are specifically set forth in this Agreement and the other AART Transaction Basic Documents, including the administration of the Trust in the interest of the Certificateholders, subject to the AART Transaction Basic Documents and in accordance with the provisions of this Agreement. No implied covenants or obligations shall be read into this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Ally Central Originating Lease Trust)

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