Common use of Situs of Trust Clause in Contracts

Situs of Trust. The Trust will be located and administered in the States of Delaware and Pennsylvania and/or in any other states to which the Depositor consents in writing. All bank accounts maintained by the Trustee on behalf of the Trust shall be located in the State of Delaware or New York and/or in any other states to which the Depositor consents in writing. The Trust shall not have any employees. Payments will be received by the Trust only in Delaware or New York and/or in any other states to which the Depositor consents in writing and payments will be made by the Trust only from Delaware or New York and/or in any other states to which the Depositor consents in writing.

Appears in 34 contracts

Samples: Trust Agreement (CNH Equipment Trust 2019-A), Trust Agreement (CNH Equipment Trust 2018-B), Trust Agreement (CNH Equipment Trust 2018-A)

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Situs of Trust. The Trust will be located and administered in the States of Delaware and Pennsylvania and/or in any other states States to which the Depositor consents in writing. All bank accounts maintained by the Trustee on behalf of the Trust shall be located in the State of Delaware or New York and/or in any other states States to which the Depositor consents in writing. The Trust shall not have any employees. Payments will be received by the Trust only in Delaware or New York and/or in any other states States to which the Depositor consents in writing and payments will be made by the Trust only from Delaware or New York and/or in any other states to which the Depositor consents in writing.

Appears in 14 contracts

Samples: Trust Agreement (CNH Equipment Trust 2024-C), Trust Agreement (CNH Equipment Trust 2024-B), Trust Agreement (CNH Equipment Trust 2024-A)

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Situs of Trust. The Trust will be located and administered in the States of Delaware and Pennsylvania and/or in any other states to which the Depositor consents in writing. All bank accounts maintained by the Trustee on behalf of the Trust shall be located in the State of Delaware or New York and/or in any other states to which the Depositor consents in writing. The Trust shall not have any employees. Payments will be received by the Trust only in Delaware or New York and/or in any other states to which the Depositor consents in writing and payments will be made by the Trust only from Delaware or New York and/or in any other states to which the Depositor consents in writing.in

Appears in 2 contracts

Samples: Trust Agreement (CNH Equipment Trust 2016-C), Trust Agreement (CNH Equipment Trust 2016-B)

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