Common use of Obligations Under Transaction Documents and Other Series Related Documents Clause in Contracts

Obligations Under Transaction Documents and Other Series Related Documents. Subject to Section 5.3, the Owner Trustee will perform the obligations of the Owner Trustee under this Agreement, the Transaction Documents and the other Series Related Documents to which the Trust is a party. The Owner Trustee will administer the Trust in the interest of the Certificateholders, subject to the Lien of the Master Collateral Agent and the Lien of any Indenture Trustee and according to the Transaction Documents and the other Series Related Documents.

Appears in 4 contracts

Samples: Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!