Common use of Note Paying Agents Clause in Contracts

Note Paying Agents. (a) The Indenture Trustee is appointed "Note Paying Agent" under this Indenture and hereby accepts such appointment. The Indenture Trustee may appoint one or more Note Paying Agents with the power to make payments to and distribution from the Trust Accounts and the Reserve Account.

Appears in 2 contracts

Samples: Indenture (M&i Auto Loan Trust 2002-1), Bond Securitization LLC

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Note Paying Agents. (a) The Indenture Trustee is appointed "Note Paying Agent" under this Indenture and hereby accepts such appointment. The Indenture Trustee may appoint one or more Note Paying Agents with the power to make payments to and distribution from the Trust Accounts and the Reserve Account.

Appears in 2 contracts

Samples: Indenture (Bank One Auto Securitization Trust 2003-1), Amsouth Auto Receivables LLC

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