Custody of Receivable Files. In connection with the sale, transfer and assignment of the Receivables to XXXX pursuant to this Agreement and the First Step Receivables Assignments, XXXX, simultaneously with the execution and delivery of this Agreement, shall enter into the Custodian Agreement with the Custodian, pursuant to which XXXX shall revocably appoint the Custodian, and the Custodian shall accept such appointment, to act as the agent of XXXX as Custodian of the following documents or instruments which shall be constructively delivered to XXXX with respect to each Receivable:
Appears in 27 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-1), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2014-2), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2013-3)
Custody of Receivable Files. In connection with the sale, transfer and assignment of the Receivables to XXXX pursuant to this Agreement and the First Step Receivables AssignmentsAssignment, XXXX, simultaneously with the execution and delivery of this Agreement, shall enter into the Custodian Agreement with the Custodian, pursuant to which XXXX shall revocably appoint the Custodian, and the Custodian shall accept such appointment, to act as the agent of XXXX as Custodian of the following documents or instruments which shall be constructively delivered to XXXX with respect to each Receivable:
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2)
Custody of Receivable Files. In connection with the sale, transfer and assignment of the Receivables to XXXX CXXX pursuant to this Agreement and the First Step Receivables AssignmentsAssignment, XXXXCXXX, simultaneously with the execution and delivery of this Agreement, shall enter into the Custodian Agreement with the Custodian, pursuant to which XXXX CXXX shall revocably appoint the Custodian, and the Custodian shall accept such appointment, to act as the agent of XXXX CXXX as Custodian of the following documents or instruments which shall be constructively delivered to XXXX CXXX with respect to each Receivable:
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2006-1), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3), Pooling and Servicing Agreement (Capital Auto Receivables LLC)
Custody of Receivable Files. In connection with the sale, transfer and assignment of the Receivables to XXXX pursuant to this Agreement and the First Step Receivables AssignmentsAgreement, XXXX, simultaneously with the execution and delivery of this Agreement, shall enter into the Custodian Agreement with the Custodian, pursuant to which XXXX shall revocably appoint the Custodian, and the Custodian shall accept such appointment, to act as the agent of XXXX as Custodian of the following documents or instruments which shall be constructively delivered to XXXX with respect to each Receivable:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)
