Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.
Appears in 213 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.
Appears in 66 contracts
Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2024-1), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2023-1), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2023-1)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection AccountEstate.
Appears in 19 contracts
Samples: Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Auto Trust 2019-1)
Initial Capital Contribution of Trust Estate. As of the date of the Original Initial Trust Agreement, the Seller Transferor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerTransferor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited by the Transferor in the Collection Account.
Appears in 16 contracts
Samples: Trust Agreement (Vw Credit Leasing LTD), Trust Agreement (Volkswagen Auto Lease Trust 2015-A), Trust Agreement (Volkswagen Auto Lease Trust 2015-A)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, the sum of $11 previously delivered. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Trust Estate and Estate. The Depositor shall be deposited in pay organizational expenses of the Collection AccountTrust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.
Appears in 16 contracts
Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)
Initial Capital Contribution of Trust Estate. As The Depositor hereby contributes to the Trustee, as of the date of the Original Trust Agreementhereof, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $11.00. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.Certificate
Appears in 14 contracts
Samples: Trust Agreement (CNH Equipment Trust 2024-C), Trust Agreement (CNH Equipment Trust 2023-B), Trust Agreement (CNH Equipment Trust 2023-A)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.
Appears in 10 contracts
Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-4), Trust Agreement (Santander Drive Auto Receivables Trust 2024-4), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Transferor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The parties hereto acknowledge and agree that the trust account established by the Owner Trustee hereby acknowledges receipt in trust from under the Seller, as of such date, of Original Trust Agreement has been closed and terminated and that any and all amounts therein have been returned to the foregoing contribution, which shall constitute Transferor for the initial Trust Estate and shall be deposited Transferor to deposit in the Collection Account.
Appears in 6 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Vw Credit Leasing LTD)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the sum of $1 of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 5 contracts
Samples: Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Capital One Auto Receivables Trust 2001-B), Trust Agreement (Capital One Auto Receivables LLC)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Transferor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerTransferor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited by the Transferor in the Collection Account.
Appears in 5 contracts
Samples: Trust Agreement (Vw Credit Leasing LTD), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Initial Capital Contribution of Trust Estate. As The Beneficiary has heretofore assigned, granted and transferred over to the Owner Trustee, on behalf of the Trust, as of the date of the Original Trust Agreement, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerBeneficiary, as of such datethe date of the Original Trust Agreement, of the foregoing contribution, which shall constitute constitutes the initial Trust Estate and shall be deposited in the Collection AccountEstate.
Appears in 4 contracts
Samples: Trust Agreement, Trust Agreement (American Express Receivables Financing Corp VIII LLC), Trust Agreement (American Express Receivables Financing Corp VIII LLC)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Distribution Account. The Depositor shall pay organizational expenses of the Trust as they may arise.
Appears in 4 contracts
Samples: Trust Agreement (National Auto Finance Co Inc), Trust Agreement (National Financial Auto Funding Trust), Trust Agreement (National Auto Finance Co Inc)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $110.00. The Owner Trustee hereby acknowledges receipt of the foregoing contribution in trust from the SellerDepositor, as of such date, of the foregoing contributiondate hereof, which contribution shall constitute the initial Owner Trust Estate and Estate. The Depositor shall be deposited in pay organizational expenses of the Collection AccountTrust as they may arise.
Appears in 3 contracts
Samples: Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $110.00. The Owner Trustee hereby acknowledges receipt of the foregoing contribution in trust from the SellerDepositor, as of such date, of the foregoing contributiondate hereof, which contribution shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account. The Depositor shall pay organizational expenses of the Trust as they may arise.
Appears in 3 contracts
Samples: Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and Estate. Under the Administration Agreement, the Administrator shall be deposited in pay the Collection Accountorganizational expenses of the Issuer as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.
Appears in 2 contracts
Samples: Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (Chase Education Loan Trust 2007-A)
Initial Capital Contribution of Trust Estate. As of the date of Pursuant to the Original Trust Agreement, the Seller Depositor has sold, assigned, transferred, conveyed and set over to the Owner Trustee Trustee, as of the date thereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 2 contracts
Samples: Trust Agreement (Amsouth Auto Receivables LLC), Trust Agreement (Bank One Auto Securitization LLC)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Seller hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.. The Seller shall pay organizational
Appears in 2 contracts
Samples: Trust Agreement (Caterpillar Financial Funding Corp), Trust Agreement (Caterpillar Financial Funding Corp)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Depositor sold, assigned, transferred, conveyed and set over to the Owner Resigned Trustee the sum of $1. The Owner Trustee hereby acknowledges acknowledged receipt in trust from the SellerResigned Trustee, as of such dateJanuary 27, 2023, pursuant to the Amended and Restated Trust Agreement, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.
Appears in 2 contracts
Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2023-2), Trust Agreement (Santander Drive Auto Receivables Trust 2023-2)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.Account.β
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Transferor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerTransferor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Trust Estate Property and shall be deposited with the Trust Collateral Agent for deposit in the Collection Certificate Distribution Account.
Appears in 2 contracts
Samples: Trust Agreement (United Fidelity Finance LLC), Trust Agreement (United Fidelity Auto Receivables Trust 2002-A)
Initial Capital Contribution of Trust Estate. As of the date of Pursuant to the Original Trust Agreement, the Seller Depositor has sold, assigned, transferred, conveyed and set over to the Owner Trustee Eligible Lender Trustee, as of the date thereof, the sum of $11.00. The Owner Eligible Lender Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.the
Appears in 2 contracts
Samples: Trust Agreement (Key Bank Usa National Association), Trust Agreement (Key Bank Usa National Association)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and Estate. The Depositor shall be deposited in pay organizational expenses of the Collection AccountTrust as they may arise.
Appears in 2 contracts
Samples: Trust Agreement (Americredit Financial Services Inc), Trust Agreement (Americredit Financial Services Inc)
Initial Capital Contribution of Trust Estate. As of the date of Pursuant to the Original Trust Agreement, the Seller soldDepositor has, assigned, transferred, conveyed and set over to Owner Trustee, as of the Owner Trustee date thereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection AccountEstate.
Appears in 1 contract
Initial Capital Contribution of Trust Estate. As of the date of Pursuant to the Original Trust Agreement, the Seller sold, Depositor has assigned, transferred, conveyed and set over to Owner Trustee, as of the Owner Trustee date thereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 1 contract
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Seller hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 1 contract
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust Agreement, the Seller The Depositor has sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $11.00. The Owner Trustee OwnerTrustee hereby acknowledges receipt in trust from the Seller, as of such date, Depositor of the foregoing contribution, which shall constitute the initial Trust Estate and Estate. The Depositor shall be deposited in pay the Collection Accountorganizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.
Appears in 1 contract
Samples: Trust Agreement (Mru Abs Ii LLC)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Seller hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Account.Estate
Appears in 1 contract
Samples: Trust Agreement (Caterpillar Financial Funding Corp)
Initial Capital Contribution of Trust Estate. As The Depositor hereby sells, assigns, transfers, conveys and sets over to the Lease Trustee, as of the date of the Original Trust Agreementhereof, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $110. The Owner Lease Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Lease Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 1 contract
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby assigns, the Seller soldtransfers, assigned, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Account.. On or prior to the Closing Date, the Owner Trustee will also, upon receipt thereof, acknowledge on behalf of the Trust receipt of the
Appears in 1 contract
Samples: Trust Agreement (Advanta Revolving Home Equity Loan Trust 1999-A)
Initial Capital Contribution of Trust Estate. As of the date of the Original Trust AgreementThe Depositor hereby sells, the Seller soldassigns, assignedtransfers, transferred, conveyed conveys and set sets over to the Owner Trustee Trustee, as of the date hereof, the sum of $11 and one share of Class SV Preferred Stock of the Depositor. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and Estate. The Depositor shall be deposited in pay organizational expenses of the Collection AccountTrust as they may arise.
Appears in 1 contract
Samples: Trust Agreement (Household Automobile Revolving Trust I)
Initial Capital Contribution of Trust Estate. As of the date of Pursuant to the Original Trust Agreement, the Seller soldDepositor has, assigned, transferred, conveyed and set over to Owner Trustee, as of the Owner Trustee date thereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the SellerDepositor, as of such datethe date thereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Collection Certificate Distribution Account.
Appears in 1 contract