Rights of the Owner Trustee. Except as otherwise provided in Article VI:
Rights of the Owner Trustee. Each of the parties hereto --------------------------- acknowledges and agrees that this Agreement is being executed and delivered by Bankers Trust Company not individually but solely and exclusively in its capacity as Owner Trustee on behalf of First Consumers Credit Card Master Note Trust for the purpose and with the intention of binding First Consumers Credit Card Master Note Trust. No obligations or liabilities hereunder shall run against Bankers Trust Company in its individual capacity or against its properties or assets.
Rights of the Owner Trustee. Each of the parties hereto --------------------------- acknowledges and agrees that this Agreement is being executed and delivered by Bankers Trust Company not individually but solely and exclusively in its capacity as Owner Trustee on behalf of Spiegel Credit Card Master Note Trust for the purpose and with the intention of binding Spiegel Credit Card Master Note Trust. No obligations or liabilities hereunder shall run against Bankers Trust Company in its individual capacity or against its properties or assets.
Rights of the Owner Trustee. Except as otherwise provided in Article VI: (a) in accordance with Section 7.04, the Owner Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, Officer’s Certificate, certificate of an authorized signatory, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties;
Rights of the Owner Trustee. [and the Delaware Trustee]. Except as otherwise provided in Article VI:
Rights of the Owner Trustee. Each of the parties hereto acknowledges and agrees that this Agreement is being executed and delivered by The Bank of New York (Delaware) not individually but solely and exclusively in its capacity as Owner Trustee on behalf of the Issuer for the purpose and with the intention of binding the Issuer. No obligations or liabilities hereunder shall run against The Bank of New York (Delaware) in its individual capacity or against its properties or assets.
Rights of the Owner Trustee. The Owner Trustee is authorized and directed to execute and deliver the Basic Trust Documents and each certificate or other document attached as an exhibit to or contemplated by the Basic Trust Documents to which the Trust is to be a party, in such form as the Owner Trustee shall approve as evidenced conclusively by the Owner Trustee's execution thereof. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Trust Documents.
