Common use of Persons Deemed Certificateholders Clause in Contracts

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee and the Certificate Registrar and any agent of the Owner Trustee and the Certificate Registrar may treat the Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant hereto, the Indenture or the Series Supplement (in the case of a Certificate) and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar nor any agent of the Owner Trustee or the Certificate Registrar shall be bound by any notice to the contrary.

Appears in 14 contracts

Samples: Trust Agreement (Household Automotive Trust 2003-2), Trust Agreement (Household Automotive Trust 2004-1), Trust Agreement (HSBC Automotive Trust 2005-2)

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Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee and Trustee, the Certificate Registrar and any agent of the Owner Trustee and the Certificate Registrar may treat the Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant hereto, the Indenture or the any Series Supplement (in the case of a Certificate) and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar Registrar, nor any agent of the Owner Trustee or the Certificate Registrar shall be bound by any notice to the contrary.

Appears in 8 contracts

Samples: Trust Agreement (Household Automotive Trust 2001-1), Trust Agreement (Household Auto Receivables Corp), Trust Agreement (Household Auto Receivables Corp)

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee and Trustee, the Certificate Registrar and any agent of the Owner Trustee and the Certificate Registrar may treat the Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant hereto, the Indenture or the any Series Supplement (in the case of a Series Trust Certificate) and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar Registrar, nor any agent of the Owner Trustee or the Certificate Registrar shall be bound by any notice to the contrary.

Appears in 2 contracts

Samples: Trust Agreement (Household Auto Receivables Corp), Execution (Household Automobile Revolving Trust I)

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee and Trustee, the Certificate Registrar and any agent of the Owner Trustee and the Certificate Registrar may treat the Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant hereto, the Indenture or the Series Supplement (in the case of a Certificate) and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar Registrar, nor any agent of the Owner Trustee or the Certificate Registrar shall be bound by any notice to the contrary.

Appears in 1 contract

Samples: Trust Agreement (Household Auto Receivables Corp)

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Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee and the Certificate Registrar and any agent of the Owner Trustee and the Certificate Registrar may treat the Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant hereto, the Indenture or the Series Supplement (in the case of a Certificate) and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar Registrar, nor any agent of the Owner Trustee or the Certificate Registrar shall be bound by any notice to the contrary.

Appears in 1 contract

Samples: Trust Agreement (Household Auto Receivables Corp)

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