Common use of Depositor Payment Obligation Clause in Contracts

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator'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 Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 23 contracts

Samples: Trust Agreement (Daimlerchrysler Auto Trust 2001 B), Trust Agreement (Daimlerchrysler Auto Trust 2000 B), Trust Agreement (Daimlerchrysler Auto Trust 2001-C)

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Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator's fees 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 Trust, the Owner Trustee Issuer and the Indenture Trustee Trustees paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 10 contracts

Samples: Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp), Trust Agreement (Honda Auto Receivables 2001-3 Owner Trust)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator's ’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 Basic Documents to obtain or maintain maintain, on behalf of the Trust, any required license licenses under the Pennsylvania Motor Vehicle Sales Finance ActAct and the Annotated Code of Maryland Financial Institutions § 11-403.

Appears in 7 contracts

Samples: Trust Agreement (Chrysler Financial Auto Securitization Trust 2010-A), Trust Agreement (Daimlerchrysler Auto Trust 2008-A), Trust Agreement (Daimlerchrysler Auto Trust 2008-B)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator's fees under the Administration Agreement for any Series 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 for each Series paid by any of them in connection with any of their obligations under the related Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act.

Appears in 2 contracts

Samples: Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Daimlerchrysler Services North America LLC)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator'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 Basic Documents to obtain [or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act].

Appears in 1 contract

Samples: Trust Agreement (Citigroup Vehicle Securities Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator'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 Basic Documents to obtain or maintain any required license licenses under the Pennsylvania Motor Vehicle Sales Finance ActAct and the Annotated Code of Maryland Financial Institutions Section 11-403.

Appears in 1 contract

Samples: Trust Agreement (Daimlerchrysler Services North America LLC)

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Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator'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 Basic Documents to obtain (or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act).

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital Ii Inc)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator's fees 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 Trust, the Owner Trustee Issuer and the Indenture Trustee Trustees paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act.. 30

Appears in 1 contract

Samples: Trust Agreement (American Honda Receivables Corp Honda Auto Re 2001-2 Own Tr)

Depositor Payment Obligation. The Depositor shall be responsible for payment of the Administrator'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 Basic Documents to obtain or maintain maintain, on behalf of the Trust, any required license licenses under the Pennsylvania Motor Vehicle Sales Finance ActAct and the Annotated Code of Maryland Financial Institutions Section 11-403.

Appears in 1 contract

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

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