Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as 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 the Operative Agreements shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 70 contracts
Samples: Trust Agreement (Homebanc Corp), Trust Agreement (Homebanc Corp), Trust Agreement (NYMT Securities CORP)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created the Owner created, each Trustee acts solely as trustee a Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner a Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 39 contracts
Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-4), Trust Agreement (Santander Drive Auto Receivables Trust 2024-4), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee the Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 34 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Vw Credit Leasing LTD)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, [ ] acts solely as the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements 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)
Not Acting in Individual Capacity. Except as expressly provided in this Article VIVII, in accepting the trusts hereby created the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or the Operative Agreements 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 2009-3)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee ______________________ acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Trust Agreement or any 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 provided in this Article VI, in accepting the trusts trust hereby created the Owner Trustee Bank acts solely as trustee Owner Trustee hereunder and not in its individual capacity, ; and all persons Persons having any claim against the Trust or the Owner Trustee Trustee, whether by reason of the transactions contemplated by the Operative Agreements shall this Agreement or otherwise, will look only to the Trust Estate (or a part thereof, as the case may be) for payment or satisfaction thereof, except as specifically provided in this Article VI.
Appears in 14 contracts
Samples: Trust Agreement (WF Card Funding LLC), Trust Agreement (BA Master Credit Card Trust II), Trust Agreement
Not Acting in Individual Capacity. Except as expressly provided in this Article VIIX, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or the Operative Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.
Appears in 13 contracts
Samples: Alternative Servicing Agreement, Trust Agreement, Trust Agreement
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created the Owner Trustee acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 12 contracts
Samples: Trust Agreement (HSBC Automotive Trust (USA) 2007-1), Trust Agreement (HSBC Automotive Trust 2005-2), Trust Agreement (HSBC Automotive Trust 2005-1)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts trust hereby created the [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 12 contracts
Samples: Trust Agreement (Afs Sensub Corp.), Trust Agreement (Afs Sensub Corp.), Trust Agreement (Afs Sensub Corp.)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as 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 the Operative Agreements shall look only to the Trust Estate Fund for payment or satisfaction thereof.
Appears in 10 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization Trust 2005-3)
Not Acting in Individual Capacity. Except as expressly provided in this Article VIIX, in accepting the trusts hereby created the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or the Operative 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 Trust 1996-S2), Authority And (National Collegiate Student Loan Trust 2004-2)
Not Acting in Individual Capacity. Except as provided stated in this Article VI, in accepting the trusts hereby created the Owner Trustee by this Agreement, acts solely as trustee hereunder Owner Trustee under this Agreement and not in its individual capacity, and all persons having any . Any Person with a claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements shall related to a Transaction Document will look only to the Trust Estate Property for payment or satisfaction thereofof that claim.
Appears in 7 contracts
Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (CAB East LLC)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee a Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements 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 VIVII, in accepting the trusts hereby created the created, [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements 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 (Terwin Securitization LLC), Trust Agreement (Lehman Abs Corp), Trust Agreement (Household Mortgage Funding Corp Iii)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as 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 the Operative Agreements Transaction Documents shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 5 contracts
Samples: Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Trust Agreement (Indymac MBS Inc), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Related Document shall look only to the Trust Estate Property for payment or satisfaction thereof.
Appears in 5 contracts
Samples: Trust Agreement (Asset Backed Securities Corp), Trust Agreement (Paragon Auto Receivables Corp), Trust Agreement (Asset Backed Securities Corp)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created trust hereunder the Owner Trustee Bank acts solely as trustee Owner Trustee hereunder and not in its individual capacity, ; and all persons Persons having any claim against the Trust or the Owner Trustee Trustee, whether by reason of the transactions contemplated by the Operative Agreements shall this Agreement or otherwise, will look only to the Trust Estate (or a part thereof, as the case may be) for payment or satisfaction thereof, except as specifically provided in this Article VI.
Appears in 5 contracts
Samples: Discover Card Execution Note Trust (Discover Card Master Trust I), Trust Agreement, Trust Agreement (Capital One Funding, LLC)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as 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 the Operative Agreements Documents shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 4 contracts
Samples: Trust Agreement (Aegis Asset Backed Securities Trust 2005-3), Trust Agreement (Aegis Asset Backed Securities Corp), Trust Agreement (Aegis Asset Backed Securities Trust 2005-2)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as 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 the Operative Bond Agreements shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 4 contracts
Samples: Deposit Trust Agreement (Sequoia Mortgage Funding Corp), Deposit Trust Agreement (American Residential Eagle Inc), Deposit Trust Agreement (Sequoia Mortgage Funding Corp)
Not Acting in Individual Capacity. Except as provided in this Article VI, in In accepting the trusts hereby created created, the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, capacity and all persons Persons, other than as provided in Section 7.1(b) herein, having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements hereby shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 4 contracts
Samples: Trust Agreement (Pennsylvania Electric Co), Trust Agreement (General Public Utilities Corp /Pa/), Trust Agreement (Gpu Inc /Pa/)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts trust hereby created the Owner Trustee Bank acts solely as trustee Owner Trustee hereunder and not in its individual capacity, ; and all persons Persons having any claim against the Trust or the Owner Trustee Trustee, whether by reason of the transactions contemplated by the Operative Agreements this Agreement or otherwise, shall look only to the Trust Estate (or a part thereof, as the case may be) for payment or satisfaction thereof, except as specifically provided in this Article VI.
Appears in 2 contracts
Samples: Trust Agreement (CNH Wholesale Receivables Inc), Trust Agreement (CNH Wholesale Receivables Inc)
Not Acting in Individual Capacity. Except as expressly provided in this Article VI, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee hereunder and not in its the Bank's individual capacity, and all persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Note Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.
Appears in 2 contracts
Samples: Trust Agreement (Mid State Trust Vi), Trust Agreement (Mid-State Homes Inc)
Not Acting in Individual Capacity. Except as expressly provided in this Article VIIX, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or the Operative Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.. Section 9.05
Appears in 2 contracts
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee [owner trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any 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 VI, in accepting the trusts trust hereby created the [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Holding Trust Estate for payment or satisfaction thereof.
Appears in 2 contracts
Samples: Trust Agreement (Efcar, LLC), Trust Agreement (Efcar, LLC)
Not Acting in Individual Capacity. Except as provided stated in this Article VI, in accepting the trusts hereby created the Owner Trustee by this Agreement [______] acts solely as trustee hereunder Owner Trustee under this Agreement and not in its individual capacity, and all persons having any . Any Person with a claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements shall related to a Transaction Document will look only to the Trust Estate Property for payment or satisfaction thereofof that claim.
Appears in 2 contracts
Samples: Trust Agreement (Verizon ABS LLC), Trust Agreement (Verizon ABS LLC)
Not Acting in Individual Capacity. Except as expressly provided in this Article VIVII, in accepting the trusts hereby created the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Agreement or the Operative Agreements Basic Documents shall look only to the Trust Estate Property for payment or satisfaction thereof.
Appears in 2 contracts
Samples: Amended and Restated Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (Pheaa Student Loan Foundation Inc)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee the Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements 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 expressly provided in this Article ARTICLE VI, in accepting the trusts hereby created the Owner Trustee created, [ ] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements 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 VI, in accepting the trusts hereby created created, [ ] acts solely as the Owner Trustee acts solely as trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Not Acting in Individual Capacity. Except as provided stated in this Article VI, in accepting the trusts hereby created the Owner Trustee by this Agreement, __________________ acts solely as trustee hereunder Owner Trustee under this Agreement and not in its individual capacity, and all persons having any . Any Person with a claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements shall related to a Transaction Document will look only to the Trust Estate Property for payment or satisfaction thereofof that claim.
Appears in 1 contract
Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee created, [ ] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any 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)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the created, [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any 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 Inc)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Trust Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Samples: Trust Agreement (Phoenix Residential Securities, LLC)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts trustee hereby created the Owner Trustee __________ acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the this Agreement or any Operative Agreements Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Samples: Trust Agreement (Imc Securities Inc)
Not Acting in Individual Capacity. Except as provided stated in this Article VI, in accepting the trusts hereby created the Owner Trustee by this Agreement, [___] acts solely as trustee hereunder Owner Trustee under this Agreement and not in its individual capacity, and all persons having any . Any Person with a claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements shall related to a Transaction Document or other Series Related Document will look only to the Trust Estate Property for payment or satisfaction thereofof that claim.
Appears in 1 contract
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee created, [OWNER TRUSTEE] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Samples: Trust Agreement (Efcar, LLC)
Not Acting in Individual Capacity. Except as expressly provided in this Article VI, in accepting the trusts hereby created the created, [Owner Trustee Trustee] acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the Owner Trustee created, ________ acts solely as trustee Owner Trustee hereunder and not in its individual capacity, and all persons . All Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 1 contract
Not Acting in Individual Capacity. Except as provided in this Article VIVII, in accepting the trusts hereby created created, the Owner Trustee acts solely as trustee a Trustee hereunder and not in its individual capacity, capacity and all persons Persons having any claim against the Owner Trustee by reason of the transactions contemplated by the Operative Agreements this Agreement or any Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.
Appears in 1 contract