Common use of Authority and Duties of Owner Trustee Clause in Contracts

Authority and Duties of Owner Trustee. 17 Section 6.1 General Authority 17 Section 6.2 General Duties 18 Section 6.3 Action upon Instruction 18 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 Section 6.5 No Action Except Under Specified Documents or Instructions 19 Section 6.6 Restrictions 20 Section 6.7 Instructions by Electronic Methods 20 Section 6.8 Communications Regarding Demands to Repurchase Receivables 20

Appears in 10 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

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Authority and Duties of Owner Trustee. 17 Section 6.1 General Authority 17 Section 6.2 General Duties 18 Section 6.3 Action upon Instruction 18 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 Section 6.5 No Action Except Under Specified Documents or Instructions 19 Section 6.6 Restrictions 20 19 Section 6.7 Instructions by Electronic Methods 20 Section 6.8 Communications Regarding Demands to Repurchase Receivables 20

Appears in 6 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

Authority and Duties of Owner Trustee. 17 Section 6.1 General Authority 17 Section 6.2 General Duties 18 17 Section 6.3 Action upon Instruction 18 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 18 Section 6.5 No Action Except Under Specified Documents or Instructions 19 Section 6.6 Restrictions 20 19 Section 6.7 Instructions by Electronic Methods 20 19 Section 6.8 Communications Regarding Demands to Repurchase Receivables 2019

Appears in 4 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

Authority and Duties of Owner Trustee. 17 18 Section 6.1 General Authority 17 18 Section 6.2 General Duties 18 19 Section 6.3 Action upon Instruction 18 19 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 20 Section 6.5 No Action Except Under Specified Documents or Instructions 19 20 Section 6.6 Restrictions 20 21 Section 6.7 Instructions by Electronic Methods 20 21 Section 6.8 Communications Regarding Demands to Repurchase Receivables 2021

Appears in 3 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2015-1), Trust Agreement (CarMax Auto Owner Trust 2015-4), Trust Agreement (CarMax Auto Owner Trust 2015-3)

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Authority and Duties of Owner Trustee. 17 Section 6.1 General Authority 17 Section 6.2 General Duties 18 Section 6.3 Action upon Instruction 18 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 Section 6.5 No Action Except Under Specified Documents or Instructions 19 Section 6.6 Restrictions 20 19 Section 6.7 Instructions by Electronic Methods 20 19 Section 6.8 Communications Regarding Demands to Repurchase Receivables 20

Appears in 2 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2022-2), Trust Agreement (CarMax Auto Owner Trust 2022-2)

Authority and Duties of Owner Trustee. 17 Section 6.1 General Authority 17 Section 6.2 General Duties 18 17 Section 6.3 Action upon Instruction 18 Section 6.4 No Duties Except as Specified in this Trust Agreement or in Instructions 19 Section 6.5 No Action Except Under Specified Documents or Instructions 19 Section 6.6 Restrictions 20 19 Section 6.7 Instructions by Electronic Methods 20 Section 6.8 Communications Regarding Demands to Repurchase Receivables 20

Appears in 1 contract

Samples: Trust Agreement (Carmax Auto Funding LLC)

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