Common use of Payments to Owner Trustee Clause in Contracts

Payments to Owner Trustee. Any amounts paid to the Owner Trustee pursuant to this Article from assets that are part of the Owner Trust Estate shall be deemed not to be a part of the Owner Trust Estate immediately after such payment. ARTICLE NINE TERMINATION OF TRUST AGREEMENT

Appears in 23 contracts

Samples: Trust Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Trust Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Trust Agreement (Daimler Trust)

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Payments to Owner Trustee. Any amounts paid to the Owner Trustee pursuant to this Article from assets that are part of the Owner Trust Estate shall be deemed not to be a part of the Owner Trust Estate immediately after such payment. ARTICLE NINE TERMINATION OF TRUST AGREEMENTNINE

Appears in 1 contract

Samples: Trust Agreement

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