Common use of Establishment of Certificate Distribution Account Clause in Contracts

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 2015-SN1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)

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Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152014-SN1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152014-SN1 SN2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 2015-SN1 20 - Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152010-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-4), Trust Agreement (Ally Auto Receivables Trust 2010-4)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152016-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2016-2), Trust Agreement (Capital Auto Receivables Asset Trust 2016-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152013-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Receivables Trust 2013-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-2), Trust Agreement (Ally Auto Receivables Trust 2012-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-3), Trust Agreement (Ally Auto Receivables Trust 2012-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152013-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables LLC), Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152013-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2013-4), Trust Agreement (Capital Auto Receivables Asset Trust 2013-4)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152010-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-3), Trust Agreement (Ally Auto Receivables Trust 2010-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152013-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2013-3), Trust Agreement (Capital Auto Receivables Asset Trust 2013-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 2015-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2015-2), Trust Agreement (Ally Auto Receivables Trust 2015-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 2015-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2015-1), Trust Agreement (Ally Auto Receivables Trust 2015-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152010-SN1 5 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-5), Trust Agreement (Ally Auto Receivables Trust 2010-5)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152014-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2014-2), Trust Agreement (Capital Auto Receivables Asset Trust 2014-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152016-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2016-3), Trust Agreement (Capital Auto Receivables Asset Trust 2016-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-2), Trust Agreement (Capital Auto Receivables Asset Trust 2015-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152011-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-3), Trust Agreement (Ally Auto Receivables Trust 2011-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152011-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-4), Trust Agreement (Ally Auto Receivables Trust 2011-4)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-1), Trust Agreement (Capital Auto Receivables Asset Trust 2015-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 5 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-5), Trust Agreement (Ally Auto Receivables Trust 2012-5)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Agreement (Capital Auto Receivables Asset Trust 2015-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152010-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-2), Trust Agreement (Ally Auto Receivables Trust 2010-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152016-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2016-1), Trust Agreement (Capital Auto Receivables Asset Trust 2016-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-1), Trust Agreement (Ally Auto Receivables Trust 2012-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152014-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2014-1), Trust Agreement (Capital Auto Receivables Asset Trust 2014-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152011-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-2), Trust Agreement (Ally Auto Receivables Trust 2011-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152013-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2013-1), Trust Agreement (Ally Auto Receivables Trust 2013-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152016-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2016-1), Trust Agreement (Ally Auto Receivables Trust 2016-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Agreement (Capital Auto Receivables Asset Trust 2015-4)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152013-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2013-1), Trust Agreement (Capital Auto Receivables Asset Trust 2013-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152011-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-1), Trust Agreement (Ally Auto Receivables Trust 2011-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152013-SN1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2013-Sn1), Trust Agreement (Ally Auto Receivables Trust 2013-Sn1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-4), Trust Agreement (Ally Auto Receivables Trust 2012-4)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152012-SN1 Certificate SN1Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-Sn1), Trust Agreement (Ally Auto Receivables Trust 2012-Sn1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 - Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables LLC), Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152014-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Receivables Trust 2014-3)

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Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152011-SN1 5 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-5), Trust Agreement (Ally Auto Receivables Trust 2011-5)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152002-SN1 1 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Central Originating Lease Trust)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152001-SN1 1 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152007-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152002-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152000-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 20__-_ Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 20152010-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152002-SN1 4 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152003-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152007-SN1 4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152005-SN1 1 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Auto Receivables Trust 2015-SN1 20__-_ Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Ally Auto Assets LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152008-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2008-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152001-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152004-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2004-2)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152007-SN1 3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-3)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152007-SN1 1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-1)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152002-SN1 5 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152004-SN1 1 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 2015-SN1 Certificate ___-___Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain at ______________________ Trust Company in the name of the Trust an Eligible Deposit Account known as the Ally First Security Auto Receivables Owner Trust 20151999-SN1 2 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (First Security Bank Na)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152006-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152008-SN1 2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Establishment of Certificate Distribution Account. (a) Except as otherwise provided in Section 5.2, the AdministratorServicer, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Ally Capital Auto Receivables Asset Trust 20152003-SN1 3 Certificate Distribution Account (the "Certificate Distribution Account"), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Inc)

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