No Segregation of Monies; No Interest. Subject to Sections 5.01 and 5.02, monies received by the Trust Agent hereunder need not be segregated in any manner except to the extent required by law and may be deposited under such general conditions as may be prescribed by law, and the Trust Agent shall not be liable for any interest thereon.
Appears in 15 contracts
Samples: Trust Agreement (Onyx Acceptance Owner Trust 2005-B), Trust Agreement (Onyx Acceptance Owner Trust 2005-A), Trust Agreement (Onyx Acceptance Financial Corp)
No Segregation of Monies; No Interest. Subject to Sections 5.01 and 5.02Section 5.01, monies received by the Trust 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 the Trust Agent shall not be liable for any interest thereon.
Appears in 8 contracts
Samples: Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp)
No Segregation of Monies; No Interest. Subject to Sections 5.01 and 5.02, monies received by the Trust 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 the Trust Agent shall not be liable for any interest thereon.
Appears in 7 contracts
Samples: Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp)
