Common use of of the Administration Agreement Clause in Contracts

of the Administration Agreement. If the Administrator shall fail to mail such notice within ten days after acceptance of such appointment by the successor Owner Trustee or Delaware Trustee, as applicable, the successor Owner Trustee or Delaware Trustee, as applicable, shall cause such notice to be mailed at the expense of the Administrator.

Appears in 21 contracts

Samples: Trust Agreement (Honda Auto Receivables 2015-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-1 Owner Trust)

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of the Administration Agreement. If the Administrator shall fail to mail such notice within ten days after acceptance of such appointment by the successor Owner Trustee or Delaware Trustee, as applicable, the successor Owner Trustee or Delaware Trustee, as applicable, shall cause such notice to be mailed at the expense of the Administrator.

Appears in 14 contracts

Samples: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2014-4 Owner Trust)

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