Concerning the Owner Trustee Sample Clauses

Concerning the Owner Trustee. 17 Section 7.01 Acceptance of Trusts and Duties............................................................17 Section 7.02 Furnishing of Documents....................................................................19 Section 7.03

Concerning the Owner Trustee. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by BNY Mellon Trust of Delaware (“BNY Delaware”), not individually or personally but solely as Owner Trustee of the Issuing Entity and Grantor Trust Trustee of the Grantor Trust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuing Entity or Grantor Trust, as applicable, is made and intended not as personal representations, undertakings and agreements by BNY Delaware but is made and intended for the purpose of binding only the Issuing Entity or Grantor Trust, as applicable, (c) nothing herein contained shall be construed as creating any liability on BNY Delaware, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuing Entity or the Grantor Trust, respectively, as applicable, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) BNY Delaware has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuing Entity or Grantor Trust, as applicable, in this Agreement and (e) under no circumstances shall BNY Delaware be personally liable for the payment of any indebtedness or expenses of the Issuing Entity or Grantor Trust, as applicable, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuing Entity or Grantor Trust, as applicable, under this Agreement.

Concerning the Owner Trustee. SECTION 7.01 Acceptance of Trusts and Duties ‌ 16 SECTION 7.02 Furnishing of Documents ‌ 19 SECTION 7.03 Representations and Warranties ‌ 20 SECTION 7.04 Reliance; Advice of Counsel ‌ 20 SECTION 7.05 Not Acting in Individual Capacity ‌ 21 SECTION 7.06 Owner Trustee Not Liable for Certificate or Receivables ‌ 21 SECTION 7.07 Owner Trustee May Own Notes ‌ 21

Concerning the Owner Trustee. Section 6.01.

Concerning the Owner Trustee. Section 7.01. Acceptance of Trusts and Duties...........................................19 Section 7.02. Furnishing of Documents...................................................20 Section 7.03. Representations and Warranties of the Owner Trustee.......................20 Section 7.04. Reliance, Advice of Counsel...............................................21 Section 7.05. Not Acting in Individual Capacity.........................................22 Section 7.06. Owner Trustee Not Liable for Trust Certificates or Receivables............22 Section 7.07. Owner Trustee May Own Trust Certificates and Notes........................22 ARTICLE EIGHT

Concerning the Owner Trustee. 21 Section 6.01.

Concerning the Owner Trustee. (a) The Trust is a Delaware statutory trust and a separate legal entity under the Delaware Statutory Trust Act and pursuant to such act a trustee, when acting in such capacity, is not personally liable for any act, omission or obligation of a statutory trust. In furtherance thereof, the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Computershare Delaware Trust Company, not individually or personally but solely as Owner Trustee of the Trust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Owner Trustee or the Trust is made and intended not as personal representations, covenants, undertakings and agreements by Computershare Delaware Trust Company but is made and intended for the purpose of binding only the Trust, (c) nothing herein contained shall be construed as creating any liability on Computershare Delaware Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Owner Trustee or the Trust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Computershare Delaware Trust Company has not verified or made any investigation as to the accuracy or completeness of any representations and warranties made by the Owner Trustee or the Trust or any other party in this Agreement and (e) under no circumstances shall Computershare Delaware Trust Company be personally liable for the payment of any indebtedness or expenses of the Owner Trustee or the Trust or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Owner Trustee or the Trust under this Agreement or any other related documents. (b) The Owner Trustee shall not be deemed to have actual knowledge or notice of any event or information, including any Event of Default, or be required to act upon any event or information (including the sending of any notice), unless a Responsible Officer of the Owner Trustee actually knows of such event or information or a Responsible Officer of the Owner Trustee receives written notice of such event or information. Absent actual knowledge of a Responsible Officer of the Owner Trustee or receipt of written notice by a Responsible ...

Concerning the Owner Trustee. 24 Section 9.01 Acceptance of Trusts and Duties............................24 Section 9.02 Furnishing of Documents....................................25 Section 9.03 Reliance; Advice of Counsel................................25 Section 9.04 Not Acting in Individual Capacity..........................26 Section 9.05 Representations and Warranties of Owner Trustee............26 ARTICLE X

Concerning the Owner Trustee. 17 Section 6.01. Acceptance of Trusts and Duties..................................17 Section 6.02. Furnishing of Documents..........................................18