Common use of Appointment of Owner Trustee Clause in Contracts

Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issuer.

Appears in 21 contracts

Samples: Trust Agreement (Honda Auto Receivables 2008-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2009-1 Owner Trust), Trust Agreement (Honda Auto Receivables 2006-2 Owner Trust)

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Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx sxx on behalf of the Issuer.

Appears in 17 contracts

Samples: Trust Agreement (Honda Auto Receivables 2010-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2014-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2010-3 Owner Trust)

Appointment of Owner Trustee. The Depositor hereby appoints confirms the appointment of the Owner Trustee as trustee of the Issuer effective as of the date hereofof creation of the Issuer, to have all the rights, powers and duties set forth hereinherein and in the Statutory Trust Statute, and the Owner Trustee hereby accepts confirms its acceptance of such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx sue on behalf of the Issuer.

Appears in 8 contracts

Samples: Trust Agreement (Wachovia Auto Owner Trust 2004-B), Trust Agreement (Wachovia Auto Owner Trust 2005-A), Trust Agreement (Wachovia Auto Loan Owner Trust 2008-1)

Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, herein and to bind the Issuer under the Notes and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of other Basic Documents to which the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issueris a party.

Appears in 5 contracts

Samples: Trust Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Trust Agreement (Wells Fargo Financial Auto Owner Trust 2005-A), Trust Agreement (Ace Securities Corp Rv & Marine Trust 2001-Rv1)

Appointment of Owner Trustee. The Depositor hereby appoints confirms the appointment of the Owner Trustee as trustee of the Issuer effective as of the date hereofof creation of the Issuer, to have all the rights, powers and duties set forth hereinherein and in the Statutory Trust Statute, and the Owner Trustee hereby accepts confirms its acceptance of such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issuer.

Appears in 3 contracts

Samples: Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1), Trust Agreement (WDS Receivables LLC), Trust Agreement (Wachovia Auto Owner Trust 2008-A)

Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issuerand be sued.

Appears in 2 contracts

Samples: Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp)

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Appointment of Owner Trustee. The Depositor hereby ---------------------------- appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth hereinherein and in the Business Trust Statute, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issuer.

Appears in 1 contract

Samples: Trust Agreement (Pooled Auto Securities Shelf LLC)

Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx sue on behalf of the Issuer.

Appears in 1 contract

Samples: Trust Agreement (Honda Auto Receivables 2002-2 Owner Trust)

Appointment of Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, hereof and to have all the rights, powers and duties set forth hereinherein and in the Business Trust Statute, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Issuer or in its own name on behalf of the Issuer, in the activities of the Issuer, make and execute contracts on behalf of the Issuer and xxx on behalf of the Issuer.

Appears in 1 contract

Samples: Trust Agreement (Pooled Auto Securities Shelf LLC)

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