Common use of Situs of Owner Trust Estate Clause in Contracts

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trustee.

Appears in 5 contracts

Samples: Trust Agreement (HSBC Auto Receivables Corp), Trust Agreement (HSBC Auto Receivables Corp), Trust Agreement (HSBC Automotive Trust (USA) 2006-3)

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Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York Illinois and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trusteein Delaware.

Appears in 2 contracts

Samples: Trust Agreement (Household Auto Receivables Corp), Trust Agreement (Household Auto Receivables Corp)

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of IllinoisNew York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (HSBC Automotive Trust 2005-2)

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of IllinoisDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York Illinois and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trusteein Delaware.

Appears in 1 contract

Samples: Trust Agreement (Household Auto Receivables Corp)

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trusteein Delaware.

Appears in 1 contract

Samples: Trust Agreement (Household Automotive Trust 2004-1)

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Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New YorkMinnesota. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York Minnesota and payments will be made by the Trust from New YorkMinnesota. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trusteein Delaware.

Appears in 1 contract

Samples: Trust Agreement (Household Automotive Trust 2003-2)

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (HSBC Automotive Trust 2005-3)

Situs of Owner Trust Estate. The Trust will be located in the State of Delaware and administered in the State of Delaware and the State of Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located with the Certificate Paying Agent in the State of New York. Payments will be received by the Certificate Paying Agent on behalf of the Trust in New York and payments will be made by the Trust from New York. The Trust shall not have any employees in any state other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee, the Master Servicer or any agent of the Trust from having employees within or without the State of Delaware. The principal office of the Trust will be at the Corporate Trust Office of the Owner TrusteeOffice.

Appears in 1 contract

Samples: Trust Agreement (HSBC Automotive Trust 2005-1)

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