Common use of Depositor Payment Obligation Clause in Contracts

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.

Appears in 106 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2014-2), Trust Agreement (CarMax Auto Owner Trust 2010-2), Trust Agreement (CarMax Auto Owner Trust 2015-1)

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Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder. In addition, the Depositor shall be responsible for the payment of all fees and expenses of the Issuer and the Trustees paid by any of them in connection with any of their obligations under the Administration AgreementBasic Documents to obtain or maintain any required license.

Appears in 61 contracts

Samples: Trust Agreement (Honda Auto Receivables 2017-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2016-2 Owner Trust), Trust Agreement (American Honda Receivables LLC)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 56 contracts

Samples: Trust Agreement (John Deere Receivables, Inc.), Trust Agreement (John Deere Receivables LLC), Trust Agreement (John Deere Owner Trust 2009-B)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s 's compensation under pursuant to Section 3 of the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 42 contracts

Samples: Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Receivables Corp 3)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Deposit and Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 27 contracts

Samples: Trust Agreement (Chase Credit Card Owner Trust 2001-5), Trust Agreement (Chase Credit Card Owner Trust 2002-6), Trust Agreement (Chase Manhattan Bank Chase Credit Card Owner Trust 2000 3)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 7 contracts

Samples: Trust Agreement (John Deere Owner Trust 2006), Trust Agreement (Morgan Stanley Abs Capital I Inc), Trust Agreement (Chase Funding Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s 's compensation under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.

Appears in 6 contracts

Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Pooled Auto Securities Shelf LLC), Trust Agreement (Carmax Auto Funding LLC)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.thereunder. * * * * * *

Appears in 6 contracts

Samples: Trust Agreement (J P Morgan Acceptance Corp I), Trust Agreement (Equity One Abs Inc), Trust Agreement (Cwabs Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder. In addition, the Depositor shall be responsible for the payment of all fees and expenses of the Trust, the Owner Trustee and the Indenture Trustee paid by any of them in connection with any of their obligations under the Administration Agreement.Basic Documents to obtain or maintain any required license under the Motor Vehicle Sales Finance Act. * * * * * *

Appears in 5 contracts

Samples: Trust Agreement (Nal Financial Group Inc), Trust Agreement (Nal Financial Group Inc), Trust Agreement (Nal Financial Group Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement (to the extent not paid pursuant to Section 5.05 of the Sale and Servicing Agreement) and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 4 contracts

Samples: Trust Agreement (Caterpillar Financial Asset Trust 2007-A), Trust Agreement (Caterpillar Financial Asset Trust 2008-A), Trust Agreement (Caterpillar Financial Funding Corp)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement (to the extent not paid pursuant to Section 5.04 of the Sale and Servicing Agreement) and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 3 contracts

Samples: Trust Agreement (Caterpillar Financial Funding Corp), Trust Agreement (Caterpillar Financial Asset Trust 2006-A), Trust Agreement (Caterpillar Financial Funding Corp)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s Administrative Trustees’ compensation under the Administration this Agreement and shall reimburse the Administrator Administrative Trustees for all expenses and liabilities of the Administrator each incurred under the Administration Agreementthereunder.

Appears in 3 contracts

Samples: Trust Agreement (Temecula Valley Bancorp Inc), Trust Agreement (Temecula Valley Bancorp Inc), Trust Agreement (First Chester County Corp)

Depositor Payment Obligation. The Depositor shall be ---------------------------- responsible for payment of the Administrator’s 's compensation under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Pooled Auto Securities Shelf LLC), Trust Agreement (Pooled Auto Securities Shelf LLC)

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Depositor Payment Obligation. The Depositor shall be ---------------------------- responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.thereunder. * * * * * *

Appears in 1 contract

Samples: Trust Agreement (First Horizon Asset Securities Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.the

Appears in 1 contract

Samples: Trust Agreement (Daimlerchrysler Auto Trust 2004-A)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation fees under the Administration Agreement (to the extent not paid pursuant to Section 5.04 of the Sale and Servicing Agreement) and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 1 contract

Samples: Trust Agreement (Caterpillar Financial Funding Corp)

Depositor Payment Obligation. The Depositor shall ---------------------------- be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.thereunder. * * * * * *

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.incurred

Appears in 1 contract

Samples: Trust Agreement (Nal Financial Group Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation 's fees under the Deposit and Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.thereunder

Appears in 1 contract

Samples: Trust Agreement (Chase Manhattan Bank Chase Credit Card Owner Trust 2001 3)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator’s compensation fees under the Deposit and Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreementthereunder.

Appears in 1 contract

Samples: Trust Agreement (Target Credit Card Owner Trust 2005-1)

Depositor Payment Obligation. The Depositor shall be ------------------------------ responsible for payment of the Administrator’s compensation 's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred under the Administration Agreement.thereunder. * * * * * *

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

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