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Common use of Payments to the Owner Trustee Clause in Contracts

Payments to the Owner Trustee. Any amounts paid to the Owner Trustee pursuant to this Article from assets that are part of the Trust Property shall be deemed not to be a part of the Trust Property immediately after such payment.

Appears in 34 contracts

Samples: Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)

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

Appears in 27 contracts

Samples: Trust Agreement (Harley Davidson Customer Funding Corp), Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Financial Auto Loans Inc)

Payments to the Owner Trustee. Any amounts paid to the Owner Trustee pursuant to this Article from assets that are part of the Trust Property shall be deemed not to be a part of the Owner Trust Property Estate immediately after such payment. Any amounts owing to the Owner Trustee under this Agreement or the other Basic Documents shall constitute a claim against the Owner Trust Estate.

Appears in 25 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)

Payments to the Owner Trustee. Any amounts paid to the Owner Trustee pursuant to this Article from assets that are part of the Trust Property shall be deemed not to be a part of the Owner Trust Property Estate immediately after such payment.. Any amounts owing to the Owner Trustee under this Agreement or the other Basic Documents shall constitute a claim against the Owner Trust Estate. ARTICLE NINE

Appears in 13 contracts

Samples: Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp), Trust Agreement (Honda Auto Receivables 2006-2 Owner Trust)

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

Appears in 11 contracts

Samples: Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1), Trust Agreement (WDS Receivables LLC), Trust Agreement (Wachovia Auto Owner Trust 2008-A)

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

Appears in 4 contracts

Samples: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2025-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2025-1), Trust Agreement (Daimler Trucks Retail Trust 2022-1)

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

Appears in 3 contracts

Samples: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2018-1), Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Daimler Retail Receivables LLC)

Payments to the Owner Trustee. Any amounts paid to the Owner ----------------------------- Trustee pursuant to this Article from assets that are part of the Trust Property shall be deemed not to be a part of the Trust Property Estate immediately after such payment.

Appears in 1 contract

Samples: Trust Agreement (Mitsui Vendor Leasing 1998-1 LLC)

Payments to the Owner Trustee. Any amounts paid to the Owner Trustee or the Co-Owner Trustee pursuant to this Article from assets that are part of the Trust Property shall be deemed not to be a part of the Trust Property Estate immediately after such payment.

Appears in 1 contract

Samples: Trust Agreement (Onyx Acceptance Financial Corp)