Purposes and Powers; Trust To Operate as a Limited Purpose Entity. (a) The purpose of the Note Issuance Trust is to engage solely in a program of receiving transfers of assets comprising the Trust Estate, owning the Trust Estate, issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Note Issuance Trust may and shall have the power and authority to:
Appears in 6 contracts
Samples: Trust Agreement (Discover Card Master Trust I), Trust Agreement, Trust Agreement (Discover Card Master Trust I)
