Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(b) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 16 contracts
Samples: Trust Agreement (BMW Fs Securities LLC), Trust Agreement (BMW Fs Securities LLC), Trust Agreement (BMW Vehicle Owner Trust 2001-A)
Payments to the Owner Trustee. Any amounts paid by the Trust pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(b) 8.2 of the Sale and Servicing Agreement Indenture and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 4 contracts
Samples: Trust Agreement (Merrill Auto Trust Securitization 2008-1), Trust Agreement (Merrill Auto Trust Securitization 2005-1), Trust Agreement (Merrill Auto Trust Securitization 2007-1)
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(b8.2(c) of the Sale and Servicing Agreement Indenture and shall be deemed not to be a part of the Trust Estate Property immediately after such payment.
Appears in 4 contracts
Samples: Trust Agreement (GS Auto Loan Trust 2005-1), Trust Agreement (GS Auto Loan Trust 2006-1), Trust Agreement (Gs Auto Loan Trust 2004-1)
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(bSections 5.06(b)(ii) and 5.06(b)(xi) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 2 contracts
Samples: Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1), Trust Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(bSections 5.06(b)(ii) and 5.06(b)(xiii) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 1 contract
Samples: Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb2)
Payments to the Owner Trustee. Any amounts paid ----------------------------- pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(b) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 1 contract
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority priorities set forth in Section 5.06(b5.06(b)(ii) (in the case of fees) and Section 5.06(b)(xi) (in the case of reimbursement of expenses and any indemnification) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 1 contract
Samples: Trust Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII VIII, if not previously paid by the Servicer or the Administrator, shall be payable solely in the priority set forth in Section 5.06(b) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 1 contract
Payments to the Owner Trustee. Any amounts paid pursuant to this Article VIII shall be payable solely in the priority set forth in Section 5.06(b5.06(b)(ii) (in the case of fees) and 5.06(b)(xi) (in the case of reimbursement of expenses and any indemnification) of the Sale and Servicing Agreement and shall be deemed not to be a part of the Trust Estate immediately after such payment.
Appears in 1 contract
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp)
