The Collateral Custodian Sample Clauses
The Collateral Custodian. Section 7.1
The Collateral Custodian. Section 7.1 Designation of Collateral Custodian 124128 Section 7.2 Duties of Collateral Custodian 124128 Section 7.3 Merger or Consolidation 128132 Section 7.4 Collateral Custodian Compensation 128132 Section 7.5 Collateral Custodian Removal 129133 Section 7.6 Limitation on Liability 129133 Section 7.7 Resignation of the Collateral Custodian 132136
The Collateral Custodian. Section 7.1 Designation of Collateral Custodian 142143 Section 7.2 Duties of Collateral Custodian 143 Section 7.3 Merger or Consolidation 145 Section 7.4 Collateral Custodian Compensation 145 Section 7.5 Collateral Custodian Removal 145 Section 7.6 Limitation on Liability 145 Section 7.7 Resignation of the Collateral Custodian 148 Section 7.8 Access to Certain Documentation and Information Regarding the Collateral; Audits 149
Section 8.1 Grant of Security Interest 149 Section 8.2 Release of Lien on Collateral 151 Section 8.3 Remedies 151152 Section 8.4 Waiver of Certain Laws 152 Section 8.5 Power of Attorney 152
The Collateral Custodian. STATE STREET BANK AND TRUST COMPANY
The Collateral Custodian. ▇▇▇▇▇▇ TRUST AND SAVINGS BANK
The Collateral Custodian. Designation of Collateral Custodian. 119 Section 6.2 Duties of Collateral Custodian. 119 Section 6.3 Merger or Consolidation. 122 Section 6.4 Collateral Custodian Compensation. 122 Section 6.5 Collateral Custodian Removal. 122 Section 6.6 Limitation on Liability. 122 Section 6.7 Resignation of the Collateral Custodian. 126 Section 6.8 Access to Certain Documentation and Information Regarding the Collateral; Audits. 127 ARTICLE VII SECURITY INTEREST Section 7.1 Grant of Security Interest. 127 Section 7.2 Release of Lien on Collateral. 129 Section 7.3 Remedies. 130 Section 7.4 Waiver of Certain Laws. 130 Section 7.5 Power of Attorney. 130
The Collateral Custodian. STATE STREET BANK AND TRUST COMPANY, not in its individual capacity but solely as Collateral Custodian
The Collateral Custodian. 113 Section 8.1 Designation of Collateral Custodian............................................. 113 Section 8.2 Duties of Collateral Custodian.................................................. 113 Section 8.3 Merger or Consolidation......................................................... 115 Section 8.4 Collateral Custodian Compensation............................................... 115 Section 8.5 Collateral Custodian Removal.................................................... 115
The Collateral Custodian. COMPUTERSHARE TRUST COMPANY, N.A., not in its individual capacity but solely as Collateral Custodian By: Name: Title: COMPUTERSHARE TRUST COMPANY, N.A., not in its individual capacity but solely as the Collateral Administrator By: Name: Title: If to Borrower: 2▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Philadelphia, PA 19112 Attention: W▇▇▇▇▇▇ ▇▇▇▇▇▇ Facsimile No.: 2▇▇-▇▇▇-▇▇▇▇ Email: credit.notices@fsinvestments f▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇; FSICIV_Team@fsinvestments f▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇; portfolio_finance@fsinvestments f▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ If to Ally Bank: ALLY BANK as the Administrative Agent 3▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ New York, New York 10022 Attention: SFD Portfolio Manager Facsimile No.: (▇▇▇)-▇▇▇-▇▇▇▇ Email: K▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇.▇▇▇ with a copy to: 3▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ New York, New York 10022 Attention: Legal Services/SFD Facsimile No.: (▇▇▇)-▇▇▇-▇▇▇▇ Email: J▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇.▇▇▇
The Collateral Custodian. 2
Section 2.1 Appointment; Duties of the Collateral Custodian 2
Section 2.2 Access to Receivable Files; Release of Receivable Files 6
Section 2.3 Compensation and Indemnification of Collateral Custodian 7
Section 2.4 Representations, Warranties and Covenants of the Collateral Custodian 8
Section 2.5 Covenants of the Collateral Custodian 9
Section 2.6 Liability of the Collateral Custodian 9
Section 2.7 Certain Matters Affecting the Collateral Custodian 12
Section 2.8 Merger, Conversion, Consolidation of, or Succession to Business of, the Collateral Custodian 14
Section 2.9 Termination 15
Section 2.10 Non-Reliance on Collateral Custodian 16 Section 2.11 AML Law 16 Section 3.1 Confidential Information 17 Section 4.1 Amendments 17 Section 4.2 Notices 19 Section 4.3 Cumulative Remedies 19 Section 4.4 Waivers 19 Section 4.5 Binding Effect 19 Section 4.6 Term of this Agreement; Survival 20 Section 4.7 Governing Law 20 Section 4.8 Submission to Jurisdiction, Waiver of Jury Trial 20 Section 4.9 Limitation on Consequential Damages 21 Section 4.10 Nonpetition Covenant 21 Section 4.11 Recourse Against Certain Parties 21 Section 4.12 Counterparts; Electronic Signatures 22
Section 4.13 Concerning the Owner Trustee and the Grantor Trust Trustee 22
Section 4.14 Information to be Provided by the Collateral Custodian 23 Section 4.15 Entire Agreement 24 Section 4.16 Headings 24 Section 4.17 Third-Party Beneficiaries 24 SCHEDULE I SYSTEM DESCRIPTION EXHIBIT A FORM OF RELEASE OF DOCUMENTS EXHIBIT B FORM OF DOCUMENT RECEIPT EXHIBIT C COLLATERAL CUSTODIAN FEE SCHEDULE EXHIBIT D SERVICING CRITERIA TO BE ADDRESSED IN COLLATERAL CUSTODIAN’S ASSESSMENT OF COMPLIANCE This Collateral Custodian Agreement, dated as of [__________] (this “Agreement”), is among CARVANA AUTO RECEIVABLES TRUST 20[ ]-[ ], a Delaware statutory trust, as the issuing entity (the “Issuing Entity”), CARVANA AUTO RECEIVABLES GRANTOR TRUST 20[ ]-[ ], a Delaware statutory trust, as the grantor trust (the “Grantor Trust”), CARVANA, LLC, an Arizona limited liability company, as administrator (the “Administrator”), BRIDGECREST CREDIT COMPANY, LLC, an Arizona limited liability company, as servicer (the “Servicer”), [ ], a [ ], acting through its document custody division (including, as applicable, any agents or affiliates utilized thereby), as collateral custodian (in such capacity, the “Collateral Custodian”), and [ ], as indenture trustee (in such capacity, the “Indenture Trustee”).
