Examples of CARCO Trust Trustee in a sentence
On each Transfer Date the Issuer will, in cooperation with the Servicer of the CARCO Trust, complete and deliver to the Indenture Trustee and the CARCO Trust Trustee (with a copy to each Note Rating Agency) a Monthly Noteholders' Statement.
Upon its receipt of the Collateral Certificate, the CARCO Trust Trustee shall, notwithstanding anything to the contrary in the Pooling and Servicing Agreement (or the Series 2002-CC Supplement), promptly cancel and destroy the Collateral Certificate in accordance with its customary procedures; provided, however, that the CARCO Trust Trustee shall furnish DCWR with a copy of the cancelled Collateral Certificate prior to its destruction.
The CARCO Trust Trustee agrees that it will, in its individual capacity and at its own cost and expense, promptly take all action as may be necessary to discharge any lien, pledge, security interest or other encumbrance on the Receivables or any other asset of the CARCO Trust that results from actions by or claims against the CARCO Trust Trustee not related to the CARCO Trust Trustee's ownership of the Receivables or any other asset of the CARCO Trust pursuant to the Pooling and Servicing Agreement.
On the Effective Date or promptly thereafter, the CARCO Trust Trustee shall, notwithstanding anything to the contrary in the Pooling and Servicing Agreement, cancel and destroy the CARCO Certificate in accordance with the CARCO Trust Trustee's customary procedures; provided, however, that the CARCO Trust Trustee shall furnish DCWR with a copy of the cancelled CARCO Certificate prior to its destruction.
Promptly after the receipt by the Issuer of each Monthly Servicer's Certificate under the Series 2002-CC Supplement, the Issuer will, in cooperation with the Servicer of the CARCO Trust, complete the Payment Instruction and deliver a copy thereof to the Indenture Trustee and the CARCO Trust Trustee.
By their acceptance of a Note, the Noteholders acknowledge that the Seller and the CARCO Trust Trustee may amend the Pooling and Servicing Agreement and any supplement thereto without the consent of the Holders of any Investor Certificates (including the Issuer) or any Noteholder, so long as such amendment or supplement would not materially adversely affect the interest of the Holders of any Investor Certificates.