Common use of Situs of Trust Clause in Contracts

Situs of Trust. The Trust will be located and administered in the State of New York. All bank accounts maintained by the 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 New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 11 contracts

Samples: Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (Case Receivables Ii Inc)

AutoNDA by SimpleDocs

Situs of Trust. The Trust will be located and administered in the State of 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 Illinois or the State of New York. The Trust shall not have any employees in any state other than New Yorkemployees; provided, however, that nothing herein shall restrict or prohibit the Delaware Trustee or the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 6 contracts

Samples: Trust Agreement (Household Mortgage Loan Trust 2004-Hc1), Trust Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002-2), Trust Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002 4)

Situs of Trust. The Trust will be located and administered in the State of 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 New YorkDelaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 6 contracts

Samples: Trust Agreement (Toyota Motor Credit Corp), Trust Agreement (Toyota Auto Finance Receivables LLC), Trust Agreement (Toyota Auto Finance Receivables LLC)

Situs of Trust. The Trust will be located and administered in the State of New York. All bank accounts maintained by the 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 New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delawareemployees. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 3 contracts

Samples: Trust Agreement (CNH Equipment Trust 2006-A), Trust Agreement (CNH Equipment Trust 2006-B), Trust Agreement (CNH Equipment Trust 2005-B)

Situs of Trust. The Trust will be located and administered in the State of 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 New Yorkemployees; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 3 contracts

Samples: Trust Agreement (Household Mortgage Loan Trust 2003-Hc1), Trust Agreement (New Century Financial Corp), Trust Agreement (Household Mortgage Loan Trust 2002 Hc1)

Situs of Trust. The Trust will be located and administered in the State of New York. All bank accounts maintained by the 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 New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 3 contracts

Samples: Trust Agreement (CNH Equipment Trust 2005-A), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc)

Situs of Trust. The Trust will be located and administered in the 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 New YorkDelaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee or the Administrator from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 2 contracts

Samples: Trust Agreement (Mellon Premium Finance Loan Owner Trust), Trust Agreement (Mellon Premium Finance Loan Owner Trust)

Situs of Trust. The Trust will be located and administered in the State of New YorkDelaware. All bank accounts maintained by the 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 New YorkDelaware; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 2 contracts

Samples: Trust Agreement (Case Receivables Ii Inc), Trust Agreement (Case Receivables Ii Inc)

Situs of Trust. The Trust will be located and administered in the State of New YorkDelaware or Illinois. 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 Illinois or the State of New York. The Trust shall not have any employees in any state other than New Yorkemployees; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware Delaware, Illinois or New York, and payments will be made by the Trust only from Delaware Delaware, Illinois or New York.

Appears in 2 contracts

Samples: Trust Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Trust Agreement (HSBC Home Equity Loan Trust (USA) 2006-1)

Situs of Trust. The Trust will shall be located and administered in the State of New YorkDelaware. All Unless otherwise provided in the Forepart, all bank accounts maintained by the Trustee on behalf of the Trust shall be located in the State of Delaware or the State of New York. The Trust shall not be deemed to have any employees in any state other than New YorkDelaware; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by The principal office of the Trust only shall be the Corporate Trust Office in Delaware or New York, and payments will be made by the Trust only from Delaware or New YorkDelaware.

Appears in 2 contracts

Samples: Series Trust Agreement (Corporate Asset Backed Corp), Series Trust Agreement (Corporate Asset Backed Corp)

Situs of Trust. The Trust will shall be located and administered in the State of New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware New York or the State of New YorkDelaware. The Trust shall not have any employees in any state other than New Yorkstate; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Trust only in the State of Delaware or the State of New York, and payments will and distributions shall be made by the Trust only from the State of Delaware or the State of New York.

Appears in 1 contract

Samples: Trust Agreement (Volkswagen Credit Auto Master Owner Trust)

Situs of Trust. The Trust will be located and administered in the State of 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 New YorkDelaware; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (Toyota Motor Credit Corp)

Situs of Trust. The Trust will be located and administered in the State of 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 [Illinois] or the State of New York. The Trust shall not have any employees in any state other than New Yorkemployees; provided, however, that nothing herein shall restrict or prohibit the Delaware Trustee or the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2004-1)

Situs of Trust. The Trust will be located and administered in the State of New YorkDelaware. All bank accounts maintained by the 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 New Yorkemployees; provided, however, provided that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (Provident Lease Receivables Corp)

AutoNDA by SimpleDocs

Situs of Trust. The Trust will be located in Delaware and administered in the State of New York. All bank accounts maintained by the 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 Delaware or New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (CDF Funding, Inc.)

Situs of Trust. The Trust will be located in the -------------- State of Delaware and administered in 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 YorkDelaware. The Trust shall not have any employees in any state other than New YorkDelaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New YorkDelaware, and payments will be made by the Trust only from Delaware. The principal office of the Trust shall be in care of the Delaware or Trustee in the State of Delaware. The Trust shall also have an office in care of the Owner Trustee in the State of New York.

Appears in 1 contract

Samples: Trust Agreement (World Omni Auto Receivables LLC)

Situs of Trust. The Trust will be located and administered in the State of Delaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be held in the name of the Trust and located in the State of Delaware or the State of New York. The Trust shall not have any employees in any state other than New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received York unless otherwise required by the Trust only in Delaware or New York, terms of the Sale and payments will be made by the Trust only from Delaware or New YorkServicing Agreement.

Appears in 1 contract

Samples: Trust Agreement (AFS Funding Trust)

Situs of Trust. The Trust will be located and administered in the State of New York. All bank accounts maintained by the 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 New York; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (CNH Capital Receivables Inc)

Situs of Trust. The Trust will be located and administered in the State of New York. All bank accounts maintained by the 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 New York; providedPROVIDED, howeverHOWEVER, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (CNH Receivables Inc)

Situs of Trust. The Trust will be located and administered in the State of 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 [Illinois] or the [State of New York]. The Trust shall not have any employees in any state other than New Yorkemployees; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware Delaware, [Illinois] or [New York], and payments will be made by the Trust only from Delaware Delaware, [Illinois] or [New York].

Appears in 1 contract

Samples: Trust Agreement (HSBC Home Equity Loan Corp I)

Situs of Trust. The Trust will be located and administered in the State States of New YorkDelaware and Pennsylvania. All bank accounts maintained by the 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 New York; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delawareemployees. Payments will be received by the Trust only in Delaware or New York, York and payments will be made by the Trust only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (CNH Equipment Trust 2007-A)

Situs of Trust. The Trust will be located and administered in the State of New York[Delaware]. All bank accounts maintained by the 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 New York[Delaware]; provided, however, that nothing herein shall restrict or prohibit the Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in [Delaware or New York], and payments will be made by the Trust only from [Delaware or New York].

Appears in 1 contract

Samples: Trust Agreement (Case Receivables Ii Inc)

Situs of Trust. The Trust will shall be located and administered in the State of New YorkDelaware. All bank accounts maintained by the Owner Trustee on behalf of the Trust shall be located in the State of Delaware New York or the State of New YorkDelaware. The Trust shall not have any employees in any state other than the State of New York; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Trust only in the State of Delaware or the State of New York, and payments will and distributions shall be made by the Trust only from the State of Delaware or the State of New York.

Appears in 1 contract

Samples: Trust Agreement (Volkswagen Dealer Finance LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!