Examples of AART Indenture in a sentence
For all purposes of this Agreement, in the performance of its duties or obligations hereunder or in the performance of any duties or obligations of the Issuing Entity hereunder, the AART Indenture Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Article VI of the AART Indenture.
The Seller agrees to (i) perform the covenants set forth in Article XII of the AART Indenture applicable to it and (ii) facilitate compliance with Article XII of the AART Indenture by the Ally Parties.
The manner of obtaining such consents (and any other consents of Noteholders or Certificateholders provided for in this Agreement) and of evidencing the authorization of the execution thereof by Noteholders and Certificateholders shall be subject to such reasonable requirements as the AART Indenture Trustee or the AART Owner Trustee may prescribe, including the establishment of record dates pursuant to paragraph number 2 of the Note Depository Agreement.
Any such trustee shall take such part of the AART Owner Trust Estate subject to the security interest of the AART Indenture Trustee therein established under the AART Indenture.
The AART Owner Trustee agrees to use reasonable affects to comply with any request of the Depositor or the Administrator to facilitate compliance with Article XII of the AART Indenture by the Ally Parties.
Any such trustee shall prepare and file all such financing statements naming such trustee as debtor that are necessary or advisable to perfect, make effective or continue the Lien of the AART Indenture Trustee.
Upon the issuance of Definitive Notes, the AART Indenture Trustee shall recognize the Holders of the Definitive Notes as Noteholders.
In order to comply with laws, rules and regulations applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering, the AART Indenture Trustee is required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with the AART Indenture Trustee.
Except in the case of a Default in payment of principal of or interest on any Note, the AART Indenture Trustee may withhold the notice if and so long as it in good faith determines that withholding the notice is in the interests of Noteholders.
The Depositor shall deliver to the AART Indenture Trustee, the AART Owner Trustee, the Administrator and the Rating Agencies promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice in an officer’s certificate of any event which with the giving of notice or lapse of time, or both, unless cured, would become an Administrator Default under Section 7.01(b).