Payments to the Owner Trustee. Any amounts paid to any Indemnified Party pursuant to this Article VIII from assets in the Owner Trust Estate shall be deemed not to be a part of the Owner Trust Estate immediately after such payment.
Appears in 65 contracts
Samples: Trust Agreement (Nissan Auto Receivables 2024-B Owner Trust), Trust Agreement (Nissan Auto Receivables 2024-B Owner Trust), Trust Agreement (Nissan Auto Receivables 2024-a Owner Trust)
Payments to the Owner Trustee. Any amounts paid to any an Indemnified Party pursuant to this Article VIII from assets in the Owner Trust Estate VII shall be deemed not to be a part of the Owner Trust Estate immediately after such payment.
Appears in 7 contracts
Samples: Trust Agreement (HSBC Credit Card Master Note Trust (Usa) I), Trust Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Trust Agreement (Hrsi Funding Inc Ii)
Payments to the Owner Trustee. Any amounts paid to any Indemnified Party pursuant to this Article VIII from assets in the Owner Trust Estate shall be deemed not to be a part of the Owner Trust Estate immediately after such payment.. 25 (Nissan 2017-A Amended & Restated Trust Agreement)
Appears in 2 contracts
Samples: Trust Agreement (Nissan Auto Receivables 2017-a Owner Trust), Trust Agreement (Nissan Auto Receivables 2017-a Owner Trust)