No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 36 contracts
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement law, and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 21 contracts
Samples: Trust Agreement (Cit Equipment Collateral 2006-Vt2), Trust Agreement (Cit Funding Co, LLC), Trust Agreement (CIT Equipment Collateral 2008-Vt1)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 5.1 and 5.025.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 17 contracts
Samples: Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (Case Receivables Ii Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 9.04, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 15 contracts
Samples: Trust and Servicing Agreement (Uacsc 2001-a Owner Trust), Trust and Servicing Agreement (Uacsc 2000-D Owner Trust Auto Rec Backed Notes), Trust and Servicing Agreement (Bay View Deposit CORP)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement Agreement, and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 14 contracts
Samples: Trust Agreement (Merrill Auto Trust Securitization 2008-1), Trust Agreement (GS Auto Loan Trust 2005-1), Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb2)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 13 contracts
Samples: Trust Agreement (SLC Student Loan Trust 2010-1), Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2007-1)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 5.1 and 5.025.2, moneys received by the Co-Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Co-Owner Trustee shall not be liable for any interest thereon.
Appears in 10 contracts
Samples: Trust Agreement (Education Capital I LLC), Trust Agreement (Student Loan Funding LLC), Trust Agreement (Education Capital I LLC)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent extend required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 9 contracts
Samples: Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2005-3), Trust Agreement (SLC Student Loan Receivables I Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale Transfer and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 7 contracts
Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 6 contracts
Samples: Trust Agreement (Directors Asset Conduit Corp), Trust Agreement (Cwabs Inc), Trust Agreement (Morgan Stanley Abs Capital I Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 6 contracts
Samples: Trust Agreement (Northwest Airlines Inc /Mn), Trust Agreement (Northwest Airlines Inc /Mn), Trust Agreement (Northwest Airlines Inc /Mn)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement any applicable Transaction Document, and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 6 contracts
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Ace Securities Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee, the Trustee or any paying agent hereunder need not be segregated in any manner except to the extent required by law any Applicable Law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by lawany Applicable Law, and neither a paying agent, the Trustee, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 5 contracts
Samples: Trust Agreement (Horizon Technology Finance Corp), Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Hercules Technology Growth Capital Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 4 contracts
Samples: Trust Agreement (Beneficial Mortgage Services Inc), Trust Agreement (Chase Funding Inc), Trust Agreement (Chase Manhattan Acceptance Corp /De/)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.1, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 4 contracts
Samples: Trust Agreement (Navient Funding, LLC), Trust Agreement (Navient Student Loan Trust 2015-3), Trust Agreement (Navient Student Loan Trust 2015-2)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 4 contracts
Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp)
No Segregation of Moneys; No Interest. Subject to Sections ------------------------------------- 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 3 contracts
Samples: Trust Agreement (Asset Backed Securities Corp), Trust Agreement (First Horizon Asset Securities Inc), Trust Agreement (Thornburg Mortgage Asset Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, moneys received by the Owner Trustee and the Certificate Paying Agent hereunder need not be segregated in any manner manner, except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee and the Certificate Paying Agent shall not be liable for any interest thereon.
Appears in 3 contracts
Samples: Trust Agreement (KeyCorp Student Loan Trust 2006-A), Trust Agreement (KeyCorp Student Loan Trust 2005-A), Trust Agreement (Key Consumer Receivables LLC)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 9.05 hereof, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 3 contracts
Samples: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 9.05, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Samples: Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Securitization Corp)
No Segregation of Moneys; No Interest. Subject to Sections SECTIONS 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Samples: Trust Agreement (Dealer Auto Receivables Corp), Trust Agreement (Dealer Auto Receivables Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the related Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Samples: Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Daimlerchrysler Services North America LLC)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Except as required by Section 3.5 of the Lease or Section 2.4 of the Participation Agreement, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale law, and Servicing Agreement and such moneys may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Samples: Trust Agreement (General American Railcar Corp Ii), Trust Agreement (General American Railcar Corp Ii)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Except as otherwise provided herein, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereonthereon except as may be agreed to by it.
Appears in 2 contracts
Samples: Trust Agreement (Panda Interfunding Corp), Trust Agreement (Panda Interfunding Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 5.1 and 5.025.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale Pooling and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Samples: Trust Agreement (Provident Lease Receivables Corp), Trust Agreement (Provident Lease Receivables Corp)
No Segregation of Moneys; No Interest. Subject to ------------------------------------ Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Provident Bank)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 5.1 and 5.025.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and Section 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale Pooling and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement any Basic Document and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Mru Abs Ii LLC)
No Segregation of Moneys; No Interest. Subject to ------------------------------------- Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Indymac Abs Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee or the Paying Agent hereunder need not be segregated in any manner except to the extent required by law any Applicable Law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by lawany Applicable Law, and neither the Paying Agent, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Ares Capital Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 5.1 and 5.025.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02through 5.03, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Mellon Premium Finance Loan Owner Trust)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale Transfer and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall will not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)
No Segregation of Moneys; No Interest. Subject to Sections Section 5.01 and 5.02hereof, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement any Trust Document and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Nelnet Inc)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Except as required by Section 2.4 of the Participation Agreement, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale law, and Servicing Agreement and such moneys may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Gatx Rail Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee, the Trustee or any paying agent hereunder shall be held uninvested, need not be segregated in any manner except to the extent required by law any Applicable Law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by lawany Applicable Law, and neither a paying agent, the Trustee, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee or the Paying Agent hereunder need not be segregated in any manner except to the extent required by any applicable law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by any applicable law, and neither the Paying Agent, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (MCG Capital Corp)
No Segregation of Moneys; No Interest. Subject to Sections ------------------------------------- 5.01 and 5.02, moneys received by the Owner Trustee or the Paying Agent hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and neither the Paying Agent, nor the Trust Company, nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (MCG Capital Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02, moneys received by the Owner Trustee or ------------- ---- the Paying Agent hereunder need not be segregated in any manner except to the extent required by law any Requirement of Law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by lawany Requirement of Law, and neither the Paying Agent, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (MCG Capital Corp)
No Segregation of Moneys; No Interest. Subject to Sections 5.01 SECTIONS 5.1 and 5.025.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement any Trust Document and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Nelnet Inc)
No Segregation of Moneys; No Interest. Subject to Sections ------------------------------------- 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Samples: Trust Agreement (Indymac Abs Inc)
No Segregation of Moneys; No Interest. Subject to ------------------------------------- Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement Agreement, and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.
Appears in 1 contract
