Common use of Situs of Issuer Clause in Contracts

Situs of Issuer. The Issuer will be administered in the States of Delaware and Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 24 contracts

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Owner Trust 2013-C), Trust Agreement (Ford Credit Auto Owner Trust 2013-C)

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Situs of Issuer. The Issuer will be administered in the States of Delaware and Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in the State of Delaware, and payments will be made by the Issuer only from the State of Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 23 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Owner Trust 2015-B)

Situs of Issuer. The Issuer will be administered in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 15 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2011-B), Trust Agreement (Ford Credit Auto Lease Trust 2011-B), Trust Agreement (Ford Credit Auto Lease Trust 2011-A)

Situs of Issuer. The Issuer will be administered located in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will shall be located in the State states of Delaware, Illinois or New York. The Issuer will shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have from having employees within or outside without the State of Delaware. Payments will be received by the Issuer only in Delawarein, and payments will be made by the Issuer only from from, the states of Delaware, Illinois or New York. The principal office only offices of the Issuer will be in care of at the Owner Trustee in the State of DelawareCorporate Trust Office.

Appears in 8 contracts

Samples: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2014-4 Owner Trust)

Situs of Issuer. The Issuer will be administered in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees employ­ees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 3 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2008-A), Trust Agreement (Ford Credit Auto Owner Trust 2007-A), Trust Agreement (Ford Credit Auto Owner Trust 2007-B)

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Situs of Issuer. The Issuer will be administered in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees employ-ees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2006-C), Trust Agreement (Ford Credit Auto Owner Trust 2006-B)

Situs of Issuer. The Issuer will be administered in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees in any state other than the State of Delaware, except that U.S. Bank Trust National Association, in its capacity as the Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2006-A)

Situs of Issuer. The Issuer will be administered in the States State of Delaware and IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer will be located in the State of Delaware. The Issuer will not have any employees in any state other than the State of Delaware, except that U.S. the Bank Trust National Association, in its capacity as or the Owner Trustee or any other capacity, may have employees within or outside the State of Delaware. Payments will be received by the Issuer only in Delaware, and payments will be made by the Issuer only from Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

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