Common use of Direction of the Trustee Clause in Contracts

Direction of the Trustee. Notwithstanding anything herein to the contrary, the Trustee shall take no action with respect to entering into, disposing of or making any payment or distribution with respect to any MART Assets except in accordance with the procedures set forth herein.

Appears in 9 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2001-1), Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Owner Trust 2000-2)

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Direction of the Trustee. Notwithstanding anything herein to the contrary, the Trustee shall take no action with respect to entering into, disposing of or making any payment or distribution with respect to any MART II Assets except in accordance with the procedures set forth herein.

Appears in 2 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2002-4), Trust Agreement (Mmca Auto Owner Trust 2002-5)

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Direction of the Trustee. Notwithstanding anything herein to the contrary, the Trustee shall take no action with respect to entering into, disposing of or making any payment or distribution with respect to any MART Assets except in accordance accor dance with the procedures set forth herein.

Appears in 1 contract

Samples: Trust Agreement (Mmca Auto Owner Trust 2001-3)

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