Common use of Payments from Owner Trust Estate Clause in Contracts

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or any Certificate Paying Agent under this Agreement or any of the Basic Documents or, with respect to Certificates, any Series Supplement or any Series Related Document to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trust shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company, or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents or, with respect to Certificates, any Series Supplement or any Series Related Document to which the Trust or the Owner Trustee is a party.

Appears in 4 contracts

Samples: Trust Agreement (Household Automotive Trust 2001-1), Trust Agreement (Household Automotive Trust Vi Series 2000 3), Trust Agreement (Household Automotive Trust Iv Series 2000-1)

AutoNDA by SimpleDocs

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or any Certificate Paying the Trust Collateral Agent under this Agreement or any of the Basic Documents or, with respect to Series Trust Certificates, any Series Supplement or any Series Related Document to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trust shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company, or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents or, with respect to Series Trust Certificates, any Series Supplement or any Series Related Document to which the Trust or the Owner Trustee is a party.

Appears in 1 contract

Samples: Execution (Household Automobile Revolving Trust I)

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or any Certificate Paying Agent under this Agreement or any of the Basic Transaction Documents or, with respect to Certificates, any Series Supplement or any Series Related related Document to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trust Trustee shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company, or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Transaction Documents or, with respect to Certificatesthe Notes, any Series Supplement the Certificates or any Series Related Document related document to which the Trust or the Owner Trustee is a party.

Appears in 1 contract

Samples: Trust Agreement (Household Consumer Loan Corp Ii)

AutoNDA by SimpleDocs

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or any Certificate Paying Agent under this Agreement or any of the Basic Transaction Documents or, with respect to Certificates, any Series Supplement or any Series Related related Document to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trust Trustee shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company, or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Transaction Documents or, with respect to Certificatesthe Notes, any Series Supplement the Certificates or any Series Related Document related document to which the Trust or the Owner Trustee is a party.. [End of Article VI]

Appears in 1 contract

Samples: Trust Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I)

Time is Money Join Law Insider Premium to draft better contracts faster.