Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 83 contracts
Samples: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-3 Owner Trust)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners Certificateholders may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners Certificateholders pursuant to Article Four.
Appears in 63 contracts
Samples: Trust Agreement (Honda Auto Receivables 2024-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2024-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2024-1 Owner Trust)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, Transaction Documents the Owners Owner may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article FourTrust.
Appears in 35 contracts
Samples: Trust Agreement (Harley Davidson Customer Funding Corp), Trust Agreement (Harley-Davidson Motorcycle Trust 2005-2), Trust Agreement (Harley Davidson Customer Funding Corp)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Transaction Documents, the Owners may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article FourTrust.
Appears in 28 contracts
Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2024-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2024-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2023-B)
Action upon Instruction. (a) Subject to Article Four, and in accordance with the terms of the Issuer Basic Documents, the Owners may Certificateholders (or, to the extent set forth in this Agreement, the Depositor) may, by written instruction instruction, direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners Certificateholders or the Depositor, as applicable, pursuant to Article Four. In addition, the Administrator may direct the Owner Trustee in the management of the Issuer in accordance with Section 6.01 and the Administration Agreement.
Appears in 27 contracts
Samples: Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent in the management of the IssuerTrust. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 15 contracts
Samples: Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee in the management of the IssuerTrust. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 14 contracts
Samples: Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp 3)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, Transaction Documents the Owners may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article FourTrust.
Appears in 13 contracts
Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2011-2), Trust Agreement (Harley-Davidson Motorcycle Trust 2011-2), Trust Agreement (Harley-Davidson Motorcycle Trust 2011-1)
Action upon Instruction. (a) Subject to Article Four, and in accordance with the terms of the Issuer Basic Documents, the Owners may Certificateholders may, by written instruction instruction, direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners Certificateholders pursuant to Article Four. In addition, the Administrator may direct the Owner Trustee in the management of the Issuer in accordance with Section 6.01 and the Administration Agreement.
Appears in 13 contracts
Samples: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2016-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2016-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2015-1)
Action upon Instruction. (a) Subject to Article Four, and in accordance with the terms of the Basic Documents, the Owners may Certificateholders may, by written instruction instruction, direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 13 contracts
Samples: Trust Agreement (Pooled Auto Securities Shelf LLC), Trust Agreement (WDS Receivables LLC), Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1)
Action upon Instruction. (a) Subject to Article Four, Four and in accordance with the terms of the Basic Operative Documents, the Owners may by written instruction direct the Owner Trustee in the management of the IssuerTrust but only to the extent consistent with the limited purpose of the Trust. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 4 contracts
Samples: Trust Agreement (HMB Acceptance Corp.), Trust Agreement (HMB Acceptance Corp.), Trust Agreement (Bayview Financial Securities Co LLC)
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners (the "Instructing Party") may by written instruction direct the Owner Trustee in the management of the IssuerTrust. Such direction may be exercised at any time by written instruction of the Owners Instructing Party pursuant to Article Four.
Appears in 1 contract
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Operative Documents, the Owners Owner may by written instruction direct the Owner Trustee in the management of the Issuer. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article FourTrust.
Appears in 1 contract
Action upon Instruction. (a) Subject to Article Four, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Co-Owner Trustee in the management of the IssuerTrust. Such direction may be exercised at any time by written instruction of the Owners pursuant to Article Four.
Appears in 1 contract
