Compensation and Indemnification of the Owner Trustee. SECTION 8.1. The Owner Trustee’s Compensation 15 SECTION 8.2. Indemnification 15 SECTION 8.3. Payments to the Owner Trustee 16 SECTION 8.4. Survival 16
Compensation and Indemnification of the Owner Trustee. (a) The Owner Trustee shall be entitled from AmeriCredit Corp. (“AmeriCredit Corp.”) (as may be specified in a fee arrangement entered into between the Owner Trustee and AmeriCredit Corp.) or from the Depositor, to the extent that the Trust Property is not sufficient to promptly pay such amounts, to reasonable compensation for the services of the Owner Trustee (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) and reimbursement for all reasonable out-of-pocket expenses, disbursements and advances incurred by the Owner Trustee in accordance with any of the provisions of this Agreement (including the reasonable compensation, reasonable expenses and reasonable disbursements of its counsel and of all persons not regularly in its employ), except any such expense, disbursement or advance as may be incurred or arise out of the gross negligence or willful misconduct of the Owner Trustee. The Owner Trustee shall notify each Certificateholder at least ten (10) business days prior to any request by the Owner Trustee for compensation from the Trust Property pursuant to the foregoing sentence. Notwithstanding Section 6.03 of this Agreement and without limiting Section 8.07 hereof, the Owner Trustee hereby agrees not to cause the filing of a petition in bankruptcy against the Trust for the non-payment to the Owner Trustee of any amounts provided by this Agreement until one year and one day after the termination of this Trust in accordance with Section 8.05 of this Agreement.
Compensation and Indemnification of the Owner Trustee. ORGANIZATIONAL EXPENSES 17 Section 7.1. Owner Trustee's Fees and Expenses 17 Section 7.2. Indemnification of the Owner Trustee. 17 Section 7.3. Organizational Expenses of the Issuer 18 Section 7.4. Certain Expenses of the Indenture Trustee 18 ARTICLE VIII TERMINATION 19 Section 8.1. Termination of Trust Agreement. 19
Compensation and Indemnification of the Owner Trustee. ORGANIZATIONAL EXPENSES 17 Section 7.1 Owner Trustee’s Fees and Expenses 17 Section 7.2 Indemnification of the Owner Trustee 17 Section 7.3 Organizational Expenses of the Issuer 18 Section 7.4 Certain Expenses of the Indenture Trustee 18 ARTICLE VIII TERMINATION 19 Section 8.1 Termination of Trust Agreement 19 ARTICLE IX SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES 19 Section 9.1 Eligibility Requirements for the Owner Trustee 19 Section 9.2 Resignation or Removal of the Owner Trustee 20 Section 9.3 Successor Owner Trustee 20 Section 9.4 Merger or Consolidation of the Owner Trustee 21 Section 9.5 Appointment of Separate Trustee or Co-Trustee 21 Section 9.6 Compliance with Delaware Statutory Trust Act 22 ARTICLE X MISCELLANEOUS 23 Section 10.1 Supplements and Amendments 23 Section 10.2 No Legal Title to Trust Property in the Holder of the Residual Interest 25 Section 10.3 Limitation on Rights of Others 25 Section 10.4 Notices 25 Section 10.5 GOVERNING LAW 26 Section 10.6 WAIVER OF JURY TRIAL 26 Section 10.7 Severability 26 Section 10.8 Counterparts 26 Section 10.9 Headings 26
Compensation and Indemnification of the Owner Trustee
