Common use of Title to the Trust Estate Clause in Contracts

Title to the Trust Estate. Legal title to all the Trust Estate shall be vested at all times in the Issuer as a separate legal entity.

Appears in 288 contracts

Samples: Trust Agreement (Drive Auto Receivables Trust 2024-2), Trust Agreement (Drive Auto Receivables Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-4)

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Title to the Trust Estate. Legal title to all of the Trust Estate shall be vested at all times in the Issuer as a separate legal entity.

Appears in 38 contracts

Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2), Trust Agreement (Fifth Third Auto Trust 2023-1)

Title to the Trust Estate. Legal title to all the Trust Estate shall be vested at all times in the Issuer as a separate legal entity, except where applicable law in any jurisdiction requires title to any part of the Trust Estate to be vested in a trustee or trustees, in which case title shall be deemed to be vested in the Owner Trustee, a co-trustee and/or a separate trustee, as the case may be.

Appears in 9 contracts

Samples: Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2003-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2004-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2004-1)

Title to the Trust Estate. Legal title to all of the Trust Estate shall be vested at all times in the Issuer as a separate legal entity.entity.β€Œ

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Title to the Trust Estate. Legal title to all the Trust Estate shall be vested at all times in the Issuer as a separate legal entity.]

Appears in 1 contract

Samples: Trust Agreement (Bridgecrest Auto Funding LLC)

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