Situs of Trust. The Trust shall be located and administered in the States of Delaware or New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 147 contracts
Samples: Trust Agreement (Ally Auto Receivables Trust 2024-2), Trust Agreement (Ally Auto Receivables Trust 2024-2), Trust Agreement (Carvana Auto Receivables Trust 2024-P2)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 68 contracts
Samples: Trust Agreement (CarMax Auto Owner Trust 2024-4), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (CarMax Auto Owner Trust 2024-3)
Situs of Trust. The Trust shall be located and administered in the States of Delaware or New York. All bank accounts maintained by the Owner Grantor Trust Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Grantor Trust Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Grantor Trust Trustee in the State of Delaware.
Appears in 27 contracts
Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2024-P2), Grantor Trust Agreement (Carvana Auto Receivables Trust 2024-P2), Grantor Trust Agreement (Carvana Auto Receivables Trust 2024-P4)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Bank, the Delaware Trustee or the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall be in care of the Corporate Delaware Trustee in the State of Delaware. The Trust Office shall also have an office in care of the Owner Trustee in the State of DelawareNew York.
Appears in 20 contracts
Samples: Trust Agreement (Ford Credit Auto Receivables Two L P), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two L P)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of DelawareNew York.
Appears in 18 contracts
Samples: Trust Agreement (CarMax Auto Owner Trust 2012-2), Trust Agreement (CarMax Auto Owner Trust 2012-1), Trust Agreement (CarMax Auto Owner Trust 2011-3)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Trust or the Owner Trustee on behalf of the Trust or for the benefit of the Certificateholders shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 12 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial 2004-B Owner Trust), Trust Agreement (Navistar Financial Corp)
Situs of Trust. The Trust shall be located and administered in the States of Delaware or New York. All bank accounts maintained by the AART Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the AART Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the AART Owner Trustee in the State of Delaware.
Appears in 12 contracts
Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of DelawareNew York.
Appears in 11 contracts
Samples: Trust Agreement (Carmax Auto Owner Trust 2005-1), Trust Agreement (CarMax Auto Owner Trust 2005-2), Trust Agreement (CarMax Auto Owner Trust 2004-2)
Situs of Trust. The Trust shall will be located and administered in the States State of Delaware or New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of DelawareDelaware or taking actions outside the State of Delaware in order to comply with Section 2.03. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 8 contracts
Samples: Owner Trust Agreement (DLJ Mortgage Acceptance Corp), Owner Trust Agreement (Nomura Asset Acceptance Corp), Owner Trust Agreement (Nomura Home Equity Loan, Inc.)
Situs of Trust. The Trust shall will be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of DelawareDelaware or taking actions outside the State of Delaware in order to comply with Section 2.03. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 5 contracts
Samples: Trust Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust), Trust Agreement (Residential Asset Mortgage Products Inc), Trust Agreement (Residential Asset Mortgage Products Inc)
Situs of Trust. The Trust shall will be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New YorkIllinois. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of DelawareDelaware or taking actions outside the State of Delaware in order to comply with Section 2.03. Payments shall will be received by the Trust only in the State of Delaware Delaware, New York or the State of New YorkIllinois, and payments shall will be made by the Trust only from the State of Delaware Delaware, New York or the State of New YorkIllinois. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 3 contracts
Samples: Trust Agreement (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Trust Agreement (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3), Trust Agreement (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2)
Situs of Trust. The Trust shall be located and administered by the Owner Trustee in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Bank or the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall be the Corporate Trust Office in care of the Owner Trustee in the State of Delaware.
Appears in 3 contracts
Samples: Trust Agreement (Usaa Federal Savings Bank), Trust Agreement (Usaa Federal Savings Bank Usaa Auto Owner Trust 2001-1), Trust Agreement (Usaa Federal Savings Bank)
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall -------- ------- restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (Pooled Auto Securities Shelf LLC), Trust Agreement (Pooled Auto Securities Shelf LLC)
Situs of Trust. The Trust shall be located in the State of Delaware and administered in the States of Delaware or and New YorkYork and in the United Kingdom. All bank accounts Issuer Accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (Dryrock Issuance Trust), Trust Agreement (Dryrock Issuance Trust)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (First Investors Financial Services Group Inc), Trust Agreement (First Investors Financial Services Group Inc)
Situs of Trust. The Trust shall be located and administered by the Owner Trustee in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Depositor or the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only principal office of the Trust shall be the Corporate Trust Office in care of the Owner Trustee in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1), Trust Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or -------- ------- prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust Owner Trustee only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust Owner Trustee only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust (other than the Lockbox Accounts) shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust (other than with respect to the Lockbox Accounts) only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall will be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of California, the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee or the Co-Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, York and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office offices of the Trust shall will be at the Owner Trustee Corporate Trust Office of and the Co-Owner Trustee in the State of DelawareCorporate Office.
Appears in 1 contract
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkUtah. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall -------- ------- restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall will be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of DelawareDelaware or taking actions outside the State of Delaware in order to comply with Section 2.03. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Samples: Deposit Trust Agreement (Bear Stearns Asset Backed Securities Inc)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New York, and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall will be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall be located and administered in the States of Delaware [or New York]. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware [or the State of New York]. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware [or the State of New York], and payments shall be made by the Trust only from the State of Delaware [or the State of New York]. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Samples: Trust Agreement (Carvana Receivables Depositor LLC)
Situs of Trust. The Trust shall be located and administered in the States of Delaware [or New York]. All bank accounts maintained by the Owner Grantor Trust Trustee on behalf of the Trust shall be located in the State of Delaware [or the State of New York]. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Grantor Trust Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware [or the State of New York], and payments shall be made by the Trust only from the State of Delaware [or the State of New York]. The only office of the Trust shall be the Corporate Trust Office of the Owner Grantor Trust Trustee in the State of Delaware.
Appears in 1 contract
Samples: Grantor Trust Agreement (Carvana Receivables Depositor LLC)
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware Delaware, the State of California or the State of New York. The Trust shall not have any employees and shall not have any real or personal property located in any State state other than in the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments California or the State of New York and payments shall be received by the Trust only in the State of Delaware Delaware, the State of California or the State of New York, York and payments shall be made by the Trust only from the State of Delaware Delaware, the State of California or the State of New York. The Trust's only office shall be at the office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of DelawareDelaware as set forth in Section 10.3.
Appears in 1 contract
Samples: Credit and Security Agreement (Artisan Entertainment Inc)
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit -------- ------- the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust Owner Trustee only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust Owner Trustee only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation)
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or New YorkDelaware; provided, however, that the Trust may enter into administration agreements with Persons located outside of the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware [or the State of New York]. The Trust shall not have any employees in any State other than the State of Delawareemployees; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware [or the State of New York], and payments shall be made by the Trust only from the State of Delaware [or the State of New York]. The only office of the Trust shall be at the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or the State of New York. All bank accounts maintained by the CARAT Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the CARAT Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall will be located in the State of Delaware and administered in the States State of Delaware or New York[Delaware]. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware [or the State of New York]. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware [or the State of New York], and payments shall will be made by the Trust only from the State of Delaware [or the State of New York]. The only office of the Trust shall be the Corporate Trust Office principal corporate trust office of the Owner Trustee in the State of Delawarelocated at [ ].
Appears in 1 contract
Situs of Trust. The Trust shall will be located in the State -------------- of Delaware and administered in the States State of Delaware or New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New YorkDelaware. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall will be received by the Trust only in the State of Delaware or the State of New YorkDelaware, and payments shall will be made by the Trust only from the State of Delaware or the State of New YorkDelaware. The only principal office of the Trust shall be in care of the Corporate Delaware Trustee in the State of Delaware. The Trust Office shall also have an office in care of the Owner Trustee in the State of DelawareNew York.
Appears in 1 contract
Situs of Trust. The Trust shall be located and -------------- administered in the States State of Delaware or New YorkDelaware. All bank accounts maintained by the Trust or the Owner Trustee on behalf of the Trust or for the benefit of the Certificateholders shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner -------- ------- Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments and distributions shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee in the State of Delaware.
Appears in 1 contract
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation)
Situs of Trust. The Trust shall be located and administered in the States of Delaware or New York. All bank accounts maintained by the CARAT Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the CARAT Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, and payments shall be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the CARAT Owner Trustee in the State of Delaware.
Appears in 1 contract
Situs of Trust. The Trust shall be located and administered in the States State of Delaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not have any employees in any State state other than the State of DelawareDelaware or New York; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments shall be received by the Trust only in the State of Delaware or the State of New York, York and payments shall will be made by the Trust only from the State of Delaware or the State of New York. The only office of the Trust shall be the Corporate Trust Office of the Owner Trustee as specified in the State of DelawareSection 2.6.
Appears in 1 contract
