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 (Aames Mortgage Investment Trust 2005-4), Trust Agreement (Aegis Asset Backed Securities Trust 2005-1), Trust Agreement (Thornburg Mortgage Securities Trust 2007-2)
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 36 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Capital One Prime Auto Receivables Trust 2024-1), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
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 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 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) 2006-3), Trust Agreement (Household Automotive Trust 2004-1), Trust Agreement (HSBC Automotive Trust 2005-1)
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 Trust 2005-4), Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization Trust 2005-1)
Not Acting in Individual Capacity. Except as provided in this Article VI, in accepting the trusts hereby created the [Name of 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 Owner Trust Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.
Appears in 8 contracts
Samples: Owner Trust Agreement (Nomura Asset Acceptance Corp), Owner Trust Agreement (Deutsche Alt-a Securities Inc), Owner Trust Agreement (GE-WMC Mortgage Securities, L.L.C.)
Not Acting in Individual Capacity. Except as provided in this Article VIVII, 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 VII.
Appears in 7 contracts
Samples: Trust Agreement, Trust Agreement (American Express Receivables Financing Corp VIII LLC), Trust Agreement (American Express Receivables Financing Corp VIII 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 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 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 Note Issuance 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 6 contracts
Samples: Trust Agreement (Discover Card Master Trust I), Trust Agreement, Trust Agreement (Discover Card Master Trust I)
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 Trustee hereunder and not in its individual capacity, ; and all persons Persons having any claim against the Owner Trustee Trust or the 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: Trust Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Trust Agreement, Trust Agreement (Citibank Credit Card Issuance Trust)
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 2006-H4), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Trust Agreement (Indymac MBS Inc)
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: Trust Agreement, Trust Agreement (Discover Card Master Trust I), Trust Agreement (Capital One Funding, 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 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 (Paragon Auto Receivables 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 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 (American Residential Eagle Inc), 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 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 2005-2), Trust Agreement (Aegis Asset Backed Securities Trust 2005-3), Trust Agreement (Aegis Asset Backed Securities Corp)
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 Trust Related Agreements shall look only to the Trust Estate Property for payment or satisfaction thereof.
Appears in 3 contracts
Samples: Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (National Collegiate Trust 1996-S2), Trust Agreement (National Collegiate Trust 1996-S2)
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 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 provided in this Article VIVII, in accepting the trusts hereby created 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 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 VII.
Appears in 2 contracts
Samples: Trust Agreement (Dryrock Issuance Trust), Trust Agreement (Dryrock Issuance Trust)
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 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 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 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 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 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, [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 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 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