Creation of Trust; Principal Office of Owner Trustee. The Owner Trustee will file a certificate of trust relating to the Trust with the Secretary of State and maintain the Owner Trustee's principal office in the State of Delaware. However, nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Trust only in Delaware or New York, and payments will be made by the Trust only from Delaware or New York. The Trust will be located and administered in the State of Delaware.
Appears in 5 contracts
Samples: Trust Agreement (Carco Auto Loan Master Trust), Trust Agreement (Mbna Credit Card Master Note Trust), Trust Agreement (Daimlerchrysler Master Owner Trust)
Creation of Trust; Principal Office of Owner Trustee. The Owner Trustee will shall file a certificate of trust relating to the Trust with the Secretary of State and maintain the Owner Trustee's principal office in the State of Delaware. However, nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Trust only in Delaware or New York, and payments will shall be made by the Trust only from Delaware or New York. The Trust will shall be located and administered in the State of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (CNH Wholesale Receivables Inc), Trust Agreement (CNH Wholesale Receivables Inc)
