Common use of Instructions; Authority to Act Clause in Contracts

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) and the Issuer.

Appears in 141 contracts

Samples: Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2024-3), Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2024-3), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2024-1)

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Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral AgentIndenture Trustee or from the Servicer. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent Indenture Trustee or the Servicer to the Trustee (if they are separate entities) and the IssuerHolding Trust.

Appears in 36 contracts

Samples: Custodian Agreement (Exeter Automobile Receivables Trust 2024-3), Custodian Agreement (Exeter Automobile Receivables Trust 2024-3), Custodian Agreement (Exeter Automobile Receivables Trust 2024-2)

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) and the Issuer.

Appears in 28 contracts

Samples: Custodian Agreement (AmeriCredit Automobile Receivables Trust 2012-4), Custodian Agreement (AmeriCredit Automobile Receivables Trust 2012-4), Custodian Agreement (AmeriCredit Automobile Receivables Trust 2012-3)

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) Trustee, the Issuer and the IssuerInsurer.

Appears in 10 contracts

Samples: Custodian Agreement (AmeriCredit Automobile Receivables Trust 2010-B), Custodian Agreement (AmeriCredit Automobile Receivables Trust 2010-A), Custodian Agreement (AmeriCredit Automobile Receivables Trust 2007-D-F)

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) and the Issuer.

Appears in 5 contracts

Samples: Servicing and Custodian Agreement (Americredit Corp), Servicing and Custodian Agreement (Americredit Corp), Servicing and Custodian Agreement (Americredit Corp)

Instructions; Authority to Act. The Custodian shall be ------------------------------ deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) and the Issuer.

Appears in 2 contracts

Samples: Servicing and Custodian Agreement (Americredit Corp), Servicing and Custodian Agreement (Americredit Corp)

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Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) [, the Insurer] and the Issuer.

Appears in 1 contract

Samples: Custodian Agreement (AFS SenSub Corp.)

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Agent to the Trustee (if they are separate entities) Trustee, the Issuer and the IssuerSecurity Insurer.

Appears in 1 contract

Samples: Custodian Agreement (AFS SenSub Corp.)

Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the Receivable Custodian Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Indenture Trustee or the Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust Collateral Indenture Trustee or the Agent to each other, to the Trustee (if they are separate entities) Servicer and the Issuer.

Appears in 1 contract

Samples: Bay View Capital Corp

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