Common use of Not Acting in Individual Capacity Clause in Contracts

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 24 contracts

Samples: Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

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Not Acting in Individual Capacity. Except as expressly provided in this Article VII, in accepting the trusts hereby created, [ ] created the Owner Trustee acts solely as the Owner Trustee trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Basic Documents shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 19 contracts

Samples: Trust Agreement (SLC Student Loan Trust 2010-1), Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2009-2)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ ] created ______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 19 contracts

Samples: Trust Agreement (Opteum Mortgage Acceptance CORP), Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Not Acting in Individual Capacity. Except as expressly provided in this Article VIIIX, in accepting the trusts hereby created, [ ] the Owner Trustee acts solely as the Owner Trustee trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 15 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as expressly provided in this Article VIIIX, in accepting the trusts hereby created, [ ] created the Owner Trustee acts solely as the Owner Trustee trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 9 contracts

Samples: Trust Agreement (National Collegiate Student Loan Trust 2005-2), Trust Agreement (National Collegiate Student Loan Trust 2004-1), Trust Agreement (National Collegiate Trust 1996-S2)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ created [_____________________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 8 contracts

Samples: Trust Agreement (J P Morgan Acceptance Corp I), Trust Agreement (Chase Funding Inc), Trust Agreement (Morgan Stanley Abs Capital I Inc)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 8 contracts

Samples: Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC), Trust Agreement (Gs Mortgage Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 7 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Structured Asset Mortgage Investments Inc)

Not Acting in Individual Capacity. Except as provided in this Article VIISeven, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 7 contracts

Samples: Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Customer Funding Corp.)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 7 contracts

Samples: Trust Agreement (DLJ Mortgage Acceptance Corp), Trust Agreement (New Century Mortgage Securities Inc), Trust Agreement (Southern Pacific Secured Assets Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] the Owner Trustee acts solely as the Owner a Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 6 contracts

Samples: Trust Agreement (Volkswagen Auto Lease Trust 2015-A), Trust Agreement (Volkswagen Auto Lease Trust 2015-A), Trust Agreement (Vw Credit Leasing LTD)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ___________________ acts solely as the Owner Trustee hereunder here under and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 6 contracts

Samples: Trust Agreement (Argent Securities Inc), Trust Agreement (Park Place Securities, Inc.), Trust Agreement (National City Mortgage Capital LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ______________________ acts solely as the Owner Trustee hereunder here under and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 6 contracts

Samples: Trust Agreement (Long Beach Securities Corp), Trust Agreement (Long Beach Securities Corp), Trust Agreement (WaMu Asset Acceptance Corp.)

Not Acting in Individual Capacity. Except as provided in this Article VII7, in accepting the trusts Trust hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 5 contracts

Samples: Trust Agreement (Hyundai Abs Funding LLC), Trust Agreement (Hyundai Abs Funding LLC), Trust Agreement (Hyundai Abs Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 5 contracts

Samples: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [Owner Trustee] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 5 contracts

Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Terwin Securitization LLC), Trust Agreement (Bond Securitization LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Trust Estate Assets for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Ace Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIAgreement, in accepting the trusts hereby created, [ ] created ___________________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Owner Trust Agreement (Hsi Asset Securitization Corp), Owner Trust Agreement (Painewebber Mortgage Acceptance Corporation Iv), Owner Trust Agreement (Hsi Asset Securitization Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIISeven, in accepting the trusts hereby created, created [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Operative Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (BLG Securities Company, LLC), Trust Agreement (HMB Acceptance Corp.), Trust Agreement (Bayview Financial Securities Co LLC)

Not Acting in Individual Capacity. Except as expressly provided in this Article VII, in accepting the trusts hereby created, [ ] acts created the Trustees each act solely as the Owner Trustee trustees hereunder and not in its their respective individual capacity capacities, and all Persons having any claim against the Owner Trustee Trustees by reason of the transactions contemplated by this Agreement or any Transaction Document the Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (Peco Energy Transition Trust), Trust Agreement (Peco Energy Transition Trust), Trust Agreement (Peco Energy Transition Trust)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (Nissan-Infiniti Lt), Trust Agreement (Nissan-Infiniti Lt), Trust Agreement (Nissan Auto Leasing LLC Ii)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ created [___________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (DaimlerChrysler Financial Services Americas LLC), Trust Agreement (DaimlerChrysler Financial Services Americas LLC), Trust Agreement (Daimlerchrysler Services North America LLC)

Not Acting in Individual Capacity. Except as expressly provided in this Article VIIVIII, in accepting the trusts Trust hereby created, [ ] acts the Trustees act solely as the Owner Trustee trustee hereunder and not in its their individual capacity capacity, and all Persons persons having any claim against the Owner Trustee Trustees by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Delaware Statutory Trust Agreement (Jukebox Hits Vol. 1 LLC), Delaware Statutory Trust Agreement (Jukebox Hits Vol. 1 LLC), Delaware Statutory Trust Agreement (Jukebox Hits Vol. 1 LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] Trustee Bank acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Vw Credit Leasing LTD), Trust Agreement (Volkswagen Public Auto Loan Securitization LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [___] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ [●] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Basic Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Daimler Trucks Retail Receivables LLC), Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Daimler Retail Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (John Deere Receivables, Inc.), Trust Agreement (John Deere Receivables, Inc.), Trust Agreement (John Deere Receivables, Inc.)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ created [_____________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Wachovia Mortgage Loan Trust, LLC), Trust Agreement (Wachovia Mortgage Loan Trust, LLC), Trust Agreement (Wachovia Asset Funding Trust, LLC)

Not Acting in Individual Capacity. Except as provided in --------------------------------- this Article VIIAgreement, in accepting the trusts hereby created, [ created [_____________________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Owner Trust Agreement (Fremont Mortgage Securities Corp), Owner Trust Agreement (National Mortgage Securities Corp), Owner Trust Agreement (Southpoint Residential Mortgage Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ ] __________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

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

Not Acting in Individual Capacity. Except as provided in this Article VIISection 7.3, in accepting the trusts hereby created, [ [____________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any other Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] ,________________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Volkswagen Public Auto Loan Securitization LLC), Trust Agreement (Bond Securitization LLC), Trust Agreement (Capital One Auto Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] the Trust Institution acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having persons asserting any claim against the Owner Trustee by reason of or the transactions contemplated by this Agreement or any Transaction Document Trust shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [________________________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereofsatisfaction.

Appears in 3 contracts

Samples: Trust Agreement (Bas Securitization LLC), Trust Agreement (Lehman Brothers Asset Securitization LLC), Trust Agreement (Bas Securitization LLC)

Not Acting in Individual Capacity. Except as provided in Article II and this Article VIIVI, in accepting the trusts hereby created, [ created [___] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Long Beach Acceptance Receivables Corp.), Trust Agreement (Long Beach Acceptance Corp), Trust Agreement (Triad Financial Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ [•] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Not Acting in Individual Capacity. Except as provided in this Article VIISection 8.03, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement (Accredited Mortgage Loan REIT Trust), Trust Agreement (NovaStar Certificates Financing LLC), Trust Agreement (NovaStar Certificates Financing CORP)

Not Acting in Individual Capacity. Except as provided in this Article VIIAgreement, in accepting the trusts hereby created, created [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Deposit Trust Agreement (Banccap Asset Securization Issuance Corp), Trust Agreement (Finance America Securities LLC), Deposit Trust Agreement (Aegis Asset Backed Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created _______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Barnett Auto Receivables Corp), Trust Agreement (Mellon Auto Receivables Corp)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] ___________________________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Basic Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Daimler Retail Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIIVIII, in accepting the trusts hereby created, [ [__________________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Renaissance Mortgage Acceptance Corp), Trust Agreement (Renaissance Mortgage Acceptance Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIISection 7.3, in accepting the trusts hereby created, [ [____________________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, created [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Ace Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ created [_________________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Home Equity Securitization Corp), Trust Agreement (Residential Asset Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ created [●] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction 20[__]-[_] Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Daimler Trust), Trust Agreement (Daimler Trust)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [the Owner][each] Trustee acts solely as [the Owner Trustee Trustee][a Trustee] hereunder and not in its individual capacity and all Persons having any claim against [the Owner Trustee Trustee][a Trustee] by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [__] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (John Deere Receivables LLC), Trust Agreement (John Deere Receivables, Inc.)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ created [owner trustee] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Metlife Capital Equipment Loan Trusts), Trust Agreement (Metlife Capital Equipment Loan Trusts)

Not Acting in Individual Capacity. Except as provided --------------------------------- in this Article VII, in accepting the trusts hereby created, [ ] created (_____________________) acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Provident Bank), Trust Agreement (Indymac Abs Inc)

Not Acting in Individual Capacity. Except as expressly provided in this Article VII, in accepting the trusts hereby created, [ ] created the Owner Trustee acts solely as the Owner Trustee trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Basic Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Pheaa Student Loan Foundation Inc), Trust Agreement (SLC Student Loan Receivables I Inc)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created _______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Morgan Stanley Abs Capital Ii Inc), Trust Agreement (Citigroup Vehicle Securities Inc)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ created [_______] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction 201[__]-[__] Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Daimler Trust), Trust Agreement (Daimler Trust)

Not Acting in Individual Capacity. Except as expressly provided in this Article VII, in accepting the trusts hereby created, [ ] acts created the Trustees each act solely as the Owner Trustee trustees hereunder and not in its their respective individual capacity capacities, and all Persons having any claim against the Owner Trustee Trustees by reason of the transactions contemplated by this Agreement or any the Transaction Document Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [____________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (BMW Fs Securities LLC), Trust Agreement (BMW Fs Securities LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] the Owner Trustee acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.thereof.‌

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Chase Manhattan Bank Usa), Trust Agreement (Chase Manhattan Bank Usa)

Not Acting in Individual Capacity. Except as provided in this Article VIIVIII, in accepting the trusts hereby created, [ ] ________________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Chec Funding LLC), Trust Agreement (Chec Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [—] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Huntington Funding, LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIISection 7.3, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] acts [________________], solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp)

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Not Acting in Individual Capacity. Except as expressly provided in this Article VIIherein, in accepting the trusts hereby created, [ [_______________] acts is acting solely as the Owner Underlying Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Underlying Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Customer Funding Corp.)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [__________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Volkswagen Public Auto Loan Securitization LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] [___]acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Financial Services Vehicle Trust), Trust Agreement (Financial Services Vehicle Trust)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [OWNER TRUSTEE] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (National City Bank /), Trust Agreement (Regions Acceptance LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] ,_____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Wells Fargo Auto Receivables Corp), Trust Agreement (Amsouth Auto Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [______________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (BMW Fs Securities LLC), Trust Agreement (BMW Fs Securities LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ ] created ________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Phoenix Residential Securities, LLC), Trust Agreement (Residential Asset Mortgage Products Inc)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ [__________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Financial Services Vehicle Trust), Trust Agreement (BMW Auto Leasing LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIIVII and Article XII, in accepting the trusts hereby created, [ [Owner Trustee] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Caterpillar Financial Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts trust hereby created, [ ] [_________________]acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Not Acting in Individual Capacity. Except as provided in this --------------------------------- Article VIIVI, in accepting the trusts hereby created, [ created [_____] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Wachovia Asset Securitization Inc)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] _______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Chase Manhattan Bank Usa National Association)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] ________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (WDS Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in In accepting the trusts hereby created, [ [_____________________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having capacity. Except with respect to a claim based on the Owner Trustee's willful misconduct, bad faith or negligence, no recourse shall be had for any claim based on any provision of this Agreement, the Notes or Certificates, or based on rights obtained through the assignment of any of the foregoing, against the institution serving as the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereofin its individual capacity.

Appears in 1 contract

Samples: Trust Agreement (Nissan Auto Receivables Corp Ii)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] ______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (M&i Dealer Auto Securitization LLC)

Not Acting in Individual Capacity. Except as provided in Article II and in this Article VII, in accepting the trusts hereby created, [ ] ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (United Fidelity Finance LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIISeven, in accepting the trusts hereby created, [ [_____________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Harley Davidson Customer Funding Corp)

Not Acting in Individual Capacity. Except as provided herein or in this Article VIIany other Basic Document, in accepting the trusts hereby created, created [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Not Acting in Individual Capacity. Except as expressly provided in this Article VIIVI, in accepting the trusts hereby created, [ created [____________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall may look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables LLC)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ [_________________] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document the Basic Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Daimler Retail Receivables LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts trust hereby created, [ [______] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ____________________________ acts solely as the Owner Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (SLM Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII7, in accepting the trusts trust hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [___] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Drive Auto Receivables LLC)

Not Acting in Individual Capacity. Except as provided in --------------------------------- this Article VII, in accepting the trusts hereby created, [ ] created ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Asset Backed Securities Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Key Consumer Acceptance Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, [ [•] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Nissan-Infiniti Lt LLC)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, [ ] _________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Pooled Auto Securities Shelf LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created _____ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Related Document shall look only to the Trust Estate Property for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Green Tree Financial Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ [______________] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Bank One Auto Securitization LLC)

Not Acting in Individual Capacity. Except as expressly provided in this Article VIIARTICLE VI, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (World Financial Network Credit Card Master Trust)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, created [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (CNH Capital Receivables Inc)

Not Acting in Individual Capacity. Except as provided in this Article VIIAgreement, in accepting the trusts hereby created, [ ] created ______________________ acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Owner Trust Agreement (Bcap LLC)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] created ____________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Beneficial Mortgage Services Inc)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any other Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Porsche Auto Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIISection 7.03, in accepting the trusts hereby created, [ ] ____________________ acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ created [OWNER TRUSTEE] acts solely as the Owner Trustee hereunder here under and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Transaction Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Superior Bank FSB)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, [ created [____________________] acts solely as the Owner Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Owner Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Wachovia Education Loan Funding LLC)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, [ ] acts solely as the Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or any Transaction other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Bear Stearns Asset Backed Funding Ii Inc)

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