Common use of Limitations on Termination Clause in Contracts

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 4 contracts

Samples: Trust Agreement (Drive Auto Receivables Trust 2024-2), Trust Agreement (Drive Auto Receivables Trust 2024-2), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2)

AutoNDA by SimpleDocs

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders any Certificateholder shall be entitled to revoke revoke, dissolve or terminate the Issuer. ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 3 contracts

Samples: Trust Agreement (USAA Auto Owner Trust 2010-1), Trust Agreement (USAA Auto Owner Trust 2010-1), Trust Agreement (Usaa Acceptance LLC)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the any Certificateholders shall be entitled to revoke or terminate the Issuer. ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2019-1), Trust Agreement (Capital One Prime Auto Receivables Trust 2019-1)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 39 Second Amended and Restated Trust Agreement (SDART 2023-2) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2023-2), Trust Agreement (Santander Drive Auto Receivables Trust 2023-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor Seller nor the Certificateholders Certificateholder shall be entitled to revoke or terminate the Issuer. 15 Amended & Restated Trust Agreement ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 39 Amended and Restated Trust Agreement (SDART 2024-2) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders Certificateholder shall be entitled to revoke revoke, dissolve or terminate the Issuer. ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES.

Appears in 2 contracts

Samples: Trust Agreement (Porsche Auto Funding LLC), Trust Agreement (Chase Auto Receivables LLC)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 39 Amended and Restated Trust Agreement (SDART 2024-4) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-4), Trust Agreement (Santander Drive Auto Receivables Trust 2024-4)

AutoNDA by SimpleDocs

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders any Certificateholder shall be entitled to revoke revoke, dissolve or terminate the Issuer. 18 Amended and Restated Trust Agreement (USAA 2017-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Acceptance LLC)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders any Certificateholder shall be entitled to revoke or terminate the Issuer. 29 Amended and Restated ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 1 contract

Samples: Trust Agreement (Fifth Third Holdings Funding, LLC)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders any Certificateholder shall be entitled to revoke revoke, dissolve or terminate the Issuer. 16 Amended and Restated Trust Agreement (USAA 2009-2) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 1 contract

Samples: Trust Agreement (USAA Auto Owner Trust 2009-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Depositor nor the Certificateholders any Certificateholder shall be entitled to revoke or terminate the Issuer. 29 Amended and Restated Trust Agreement (20[ ]-[ ]) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 1 contract

Samples: Trust Agreement (Fifth Third Holdings Funding, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!