General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents. (b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000264,500,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000384,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000203,846,000, the Class B Notes in the aggregate principal amount of $25,070,00091,821,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 113,986,000, the Class D Notes in the aggregate principal amount of $19,600,000112,085,000 and the Class E Notes in the aggregate principal amount of $29,762,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000141,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000120,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000250,870,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000198,420,000, the Class B Notes in the aggregate principal amount of $25,070,00076,510,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 94,990,000, the Class D Notes in the aggregate principal amount of $19,600,00093,400,000 and the Class E Notes in the aggregate principal amount of $24,810,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000229,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000422,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000453,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00091,610,000, the Class B Notes in the aggregate principal amount of $25,070,00020,320,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,050,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,870,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2018-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2018-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000292,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000340,070,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000214,060,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000554,120,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00099,930,000, the Class B Notes in the aggregate principal amount of $25,070,000, 25,490,000 and the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,00023,890,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2025-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2025-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000236,110,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000589,890,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000573,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000131,700,000, the Class B Notes in the aggregate principal amount of $25,070,00025,990,000, the Class C Notes in the aggregate principal amount of $23,490,000 24,390,000 and the Class D Notes in the aggregate principal amount of $19,600,00020,310,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000200,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000181,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000215,720,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000257,880,000, the Class B Notes in the aggregate principal amount of $25,070,00092,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 114,280,000, the Class D Notes in the aggregate principal amount of $19,600,000112,380,000 and the Class E Notes in the aggregate principal amount of $26,670,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000168,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000279,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000192,260,000, the Class B Notes in the aggregate principal amount of $25,070,00068,870,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 85,480,000, the Class D Notes in the aggregate principal amount of $19,600,00084,060,000 and the Class E Notes in the aggregate principal amount of $22,330,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AmeriCredit Automobile Receivables Trust 2013-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000198,200,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000332,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000178,556,000, the Class B Notes in the aggregate principal amount of $25,070,00076,923,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 95,491,000, the Class D Notes in the aggregate principal amount of $19,600,00093,899,000 and the Class E Notes in the aggregate principal amount of $24,931,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2011-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2011-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000230,400,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000425,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000425,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000114,690,000, the Class B Notes in the aggregate principal amount of $25,070,00020,310,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,030,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,870,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000230,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000427,500,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000427,500,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000110,110,000, the Class B Notes in the aggregate principal amount of $25,070,00020,310,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,030,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,870,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000216,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000240,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000160,430,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000257,600,000, the Class B Notes in the aggregate principal amount of $25,070,00094,150,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 116,880,000, the Class D Notes in the aggregate principal amount of $19,600,000114,940,000 and the Class E Notes in the aggregate principal amount of $27,270,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000348,190,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000225,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000501,800,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000113,040,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000144,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000435,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000238,800,000, the Class B Notes in the aggregate principal amount of $25,070,00087,000,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 108,000,000, the Class D Notes in the aggregate principal amount of $19,600,00082,250,000, and the Class E Notes in the aggregate principal amount of $34,150,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000241,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000442,840,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000419,830,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00091,520,000, the Class B Notes in the aggregate principal amount of $25,070,00020,310,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,050,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,860,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000156,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000100,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000235,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000292,390,000, the Class B Notes in the aggregate principal amount of $25,070,00084,390,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 104,760,000, the Class D Notes in the aggregate principal amount of $19,600,000103,020,000 and the Class E Notes in the aggregate principal amount of $24,440,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AmeriCredit Automobile Receivables Trust 2015-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000230,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000199,740,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000199,730,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000225,130,000, the Class B Notes in the aggregate principal amount of $25,070,00092,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 114,280,000, the Class D Notes in the aggregate principal amount of $19,600,000112,390,000 and the Class E Notes in the aggregate principal amount of $26,660,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000145,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000221,380,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00060,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000281,380,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00057,390,000, the Class B Notes in the aggregate principal amount of $25,070,00012,990,000, the Class C Notes in the aggregate principal amount of $23,490,000 12,190,000 and the Class D Notes in the aggregate principal amount of $19,600,00010,150,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000243,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000364,900,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000262,110,000, the Class B Notes in the aggregate principal amount of $25,070,000102,570,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 127,320,000, the Class D Notes in the aggregate principal amount of $19,600,000125,200,000 and the Class E Notes in the aggregate principal amount of $33,240,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000234,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000568,080,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000294,510,000, the Class B Notes in the aggregate principal amount of $25,070,000103,450,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 129,710,000, the Class D Notes in the aggregate principal amount of $19,600,000124,930,000, and the Class E Notes in the aggregate principal amount of $45,360,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000196,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000430,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000246,250,000, the Class B Notes in the aggregate principal amount of $25,070,00094,670,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 117,520,000, the Class D Notes in the aggregate principal amount of $19,600,000115,560,000 and the Class E Notes in the aggregate principal amount of $30,700,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000227,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000329,800,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000240,460,000, the Class B Notes in the aggregate principal amount of $25,070,00094,700,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 117,500,000, the Class D Notes in the aggregate principal amount of $19,600,000115,600,000 and the Class E Notes in the aggregate principal amount of $30,630,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000247,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000285,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000439,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00089,550,000, the Class B Notes in the aggregate principal amount of $25,070,00020,320,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,050,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,870,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2018-3), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000241,100,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000294,990,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000150,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000392,480,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000116,640,000, the Class B Notes in the aggregate principal amount of $25,070,00020,310,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,030,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,880,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000182,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000166,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000166,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000198,170,000, the Class B Notes in the aggregate principal amount of $25,070,00076,710,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 95,230,000, the Class D Notes in the aggregate principal amount of $19,600,00091,000,000 and the Class E Notes in the aggregate principal amount of $24,890,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-4), Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder Seller or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000223,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000396,610,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000100,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000269,060,000, the Class B Notes in the aggregate principal amount of $25,070,00093,270,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 129,130,000, the Class D Notes in the aggregate principal amount of $19,600,000100,450,000, and the Class E Notes in the aggregate principal amount of $40,900,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000251,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000578,070,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000578,070,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000139,690,000, the Class B Notes in the aggregate principal amount of $25,070,00026,290,000, the Class C Notes in the aggregate principal amount of $23,490,000 24,640,000 and the Class D Notes in the aggregate principal amount of $19,600,00020,550,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000292,800,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000287,670,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000260,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000547,670,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00087,240,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 23,500,000 and the Class D Notes in the aggregate principal amount of $19,600,00019,610,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000191,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000177,780,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00070,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000215,470,000, the Class B Notes in the aggregate principal amount of $25,070,00071,010,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 88,140,000, the Class D Notes in the aggregate principal amount of $19,600,00086,670,000, and the Class E Notes in the aggregate principal amount of $23,020,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000182,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000230,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000189,000,000, the Class B Notes in the aggregate principal amount of $25,070,00073,370,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 91,080,000, the Class D Notes in the aggregate principal amount of $19,600,00089,550,000 and the Class E Notes in the aggregate principal amount of $23,780,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000254,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000426,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000426,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00089,690,000, the Class B Notes in the aggregate principal amount of $25,070,00020,310,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,050,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,870,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000158,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000200,940,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00050,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000172,610,000, the Class B Notes in the aggregate principal amount of $25,070,00063,120,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 78,350,000, the Class D Notes in the aggregate principal amount of $19,600,00077,040,000, and the Class E Notes in the aggregate principal amount of $20,460,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000249,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000190,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000285,390,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000412,880,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00092,000,000, the Class B Notes in the aggregate principal amount of $25,070,00020,890,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,580,000 and the Class D Notes in the aggregate principal amount of $19,600,00016,330,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,00097,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000233,700,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000202,020,000, the Class B Notes in the aggregate principal amount of $25,070,00057,390,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 71,240,000, the Class D Notes in the aggregate principal amount of $19,600,00070,050,000 and the Class E Notes in the aggregate principal amount of $18,600,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000230,230,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000471,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000441,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000100,570,000, the Class B Notes in the aggregate principal amount of $25,070,00021,120,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,790,000 and the Class D Notes in the aggregate principal amount of $19,600,00016,500,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000207,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000436,500,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00050,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000245,610,000, the Class B Notes in the aggregate principal amount of $25,070,00088,590,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 111,080,000, the Class D Notes in the aggregate principal amount of $19,600,000106,990,000, and the Class E Notes in the aggregate principal amount of $38,850,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000153,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000180,920,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00065,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000182,600,000, the Class B Notes in the aggregate principal amount of $25,070,00063,120,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 78,350,000, the Class D Notes in the aggregate principal amount of $19,600,00077,040,000, and the Class E Notes in the aggregate principal amount of $20,460,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000198,280,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000310,500,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00050,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000325,490,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00073,380,000, the Class B Notes in the aggregate principal amount of $25,070,00016,270,000, the Class C Notes in the aggregate principal amount of $23,490,000 15,260,000 and the Class D Notes in the aggregate principal amount of $19,600,00012,710,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000278,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000548,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000516,800,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000120,110,000, the Class B Notes in the aggregate principal amount of $25,070,00024,860,000, the Class C Notes in the aggregate principal amount of $23,490,000 23,300,000 and the Class D Notes in the aggregate principal amount of $19,600,00019,420,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000, 208,000,000 the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000400,780,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000300,000,000, the Class B Notes in the aggregate principal amount of $25,070,00098,640,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 122,440,000, the Class D Notes in the aggregate principal amount of $19,600,000120,400,000 and the Class E Notes in the aggregate principal amount of $31,970,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000307,180,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000404,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000160,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000514,010,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00090,020,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000265,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000250,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000216,380,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000466,370,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00080,670,000, the Class B Notes in the aggregate principal amount of $25,070,00021,720,000, the Class C Notes in the aggregate principal amount of $23,490,000 20,360,000 and the Class D Notes in the aggregate principal amount of $19,600,00016,980,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000175,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000100,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000235,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000202,170,000, the Class B Notes in the aggregate principal amount of $25,070,00076,720,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 95,240,000, the Class D Notes in the aggregate principal amount of $19,600,00093,651,000 and the Class E Notes in the aggregate principal amount of $22,219,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AmeriCredit Automobile Receivables Trust 2015-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000228,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000440,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000426,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000100,800,000, the Class B Notes in the aggregate principal amount of $25,070,00020,300,000, the Class C Notes in the aggregate principal amount of $23,490,000 19,040,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,850,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-1), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000278,350,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000350,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000211,700,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000504,960,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00084,840,000, the Class B Notes in the aggregate principal amount of $25,070,00024,300,000, the Class C Notes in the aggregate principal amount of $23,490,000 22,770,000 and the Class D Notes in the aggregate principal amount of $19,600,00019,000,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000270,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000470,510,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000470,510,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000127,440,000, the Class B Notes in the aggregate principal amount of $25,070,00022,750,000, the Class C Notes in the aggregate principal amount of $23,490,000 21,310,000 and the Class D Notes in the aggregate principal amount of $19,600,00017,780,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000195,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000380,620,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000221,230,000, the Class B Notes in the aggregate principal amount of $25,070,00084,770,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 105,230,000, the Class D Notes in the aggregate principal amount of $19,600,00080,140,000, and the Class E Notes in the aggregate principal amount of $33,280,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder Seller or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000182,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000356,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000266,260,000, the Class B Notes in the aggregate principal amount of $25,070,00075,790,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 105,070,000, the Class D Notes in the aggregate principal amount of $19,600,00081,760,000, and the Class E Notes in the aggregate principal amount of $33,280,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000203,400,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000315,300,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000191,590,000, the Class B Notes in the aggregate principal amount of $25,070,00076,517,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 94,987,000, the Class D Notes in the aggregate principal amount of $19,600,00093,403,000 and the Class E Notes in the aggregate principal amount of $24,803,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-5), Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-5)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000184,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000313,600,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000212,690,000, the Class B Notes in the aggregate principal amount of $25,070,00076,520,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 94,980,000, the Class D Notes in the aggregate principal amount of $19,600,00093,410,000 and the Class E Notes in the aggregate principal amount of $24,800,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2013-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2013-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000287,210,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000390,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000189,600,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000521,040,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00087,540,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 23,500,000 and the Class D Notes in the aggregate principal amount of $19,600,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000214,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000305,130,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000150,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000203,140,000, the Class B Notes in the aggregate principal amount of $25,070,00094,670,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 117,500,000, the Class D Notes in the aggregate principal amount of $19,600,000115,560,000 and the Class E Notes in the aggregate principal amount of $30,680,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000144,600,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000290,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000224,440,000, the Class B Notes in the aggregate principal amount of $25,070,00062,100,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 86,100,000, the Class D Notes in the aggregate principal amount of $19,600,00067,000,000, and the Class E Notes in the aggregate principal amount of $27,270,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2021-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000161,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000240,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00065,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000261,450,000, the Class B Notes in the aggregate principal amount of $25,070,00078,950,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 98,010,000, the Class D Notes in the aggregate principal amount of $19,600,00096,380,000, and the Class E Notes in the aggregate principal amount of $25,590,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2018-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2018-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000191,100,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000462,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000270,280,000, the Class B Notes in the aggregate principal amount of $25,070,00099,470,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 123,480,000, the Class D Notes in the aggregate principal amount of $19,600,000121,430,000 and the Class E Notes in the aggregate principal amount of $32,240,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-4), Trust Agreement (AmeriCredit Automobile Receivables Trust 2012-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000168,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000124,520,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000225,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000269,100,000, the Class B Notes in the aggregate principal amount of $25,070,00084,740,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 105,200,000, the Class D Notes in the aggregate principal amount of $19,600,000103,440,000 and the Class E Notes in the aggregate principal amount of $27,470,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2013-5), Trust Agreement (AmeriCredit Automobile Receivables Trust 2013-5)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000244,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000364,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000393,800,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000100,000,000, the Class B Notes in the aggregate principal amount of $25,070,00020,000,000, the Class C Notes in the aggregate principal amount of $23,490,000 18,750,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,620,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000221,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000, 325,000,000 the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000323,940,000, the Class B Notes in the aggregate principal amount of $25,070,000102,550,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 127,320,000, the Class D Notes in the aggregate principal amount of $19,600,000125,190,000 and the Class E Notes in the aggregate principal amount of $33,240,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000223,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000305,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00070,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000267,240,000, the Class B Notes in the aggregate principal amount of $25,070,00093,910,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 116,570,000, the Class D Notes in the aggregate principal amount of $19,600,000114,640,000, and the Class E Notes in the aggregate principal amount of $30,430,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000290,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000270,960,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000225,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000368,860,000, the Class B Notes in the aggregate principal amount of $25,070,000108,920,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 136,560,000, the Class D Notes in the aggregate principal amount of $19,600,000131,540,000, and the Class E Notes in the aggregate principal amount of $47,760,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2024-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000261,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000364,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000384,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000104,150,000, the Class B Notes in the aggregate principal amount of $25,070,00020,190,000, the Class C Notes in the aggregate principal amount of $23,490,000 18,930,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,780,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000227,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000245,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000208,950,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000313,460,000, the Class B Notes in the aggregate principal amount of $25,070,000107,120,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 132,980,000, the Class D Notes in the aggregate principal amount of $19,600,000130,770,000 and the Class E Notes in the aggregate principal amount of $34,720,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2014-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000181,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000280,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00070,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000268,580,000, the Class B Notes in the aggregate principal amount of $25,070,00086,780,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 107,730,000, the Class D Notes in the aggregate principal amount of $19,600,000105,940,000 and the Class E Notes in the aggregate principal amount of $28,130,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000109,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the 179,000,000 and Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,000132,000,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder Instructing Party recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (United Pan Am Financial Corp), Trust Agreement (UPFC Auto Receivables Trust 2004-A)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000198,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000206,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000150,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000329,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00073,280,000, the Class B Notes in the aggregate principal amount of $25,070,00016,250,000, the Class C Notes in the aggregate principal amount of $23,490,000 15,240,000 and the Class D Notes in the aggregate principal amount of $19,600,00012,690,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000231,810,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000256,690,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000171,140,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000356,200,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000133,300,000, the Class B Notes in the aggregate principal amount of $25,070,00019,530,000, the Class C Notes in the aggregate principal amount of $23,490,000 18,300,000 and the Class D Notes in the aggregate principal amount of $19,600,00015,270,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-3), Trust Agreement (Afs Sensub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000151,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000316,700,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000242,500,000, the Class B Notes in the aggregate principal amount of $25,070,00076,600,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 94,900,000, the Class D Notes in the aggregate principal amount of $19,600,00093,400,000 and the Class E Notes in the aggregate principal amount of $24,900,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (Americredit Automobile Receivables Trust 2013-3), Trust Agreement (Americredit Automobile Receivables Trust 2013-3)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000240,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000333,780,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00075,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000296,200,000, the Class B Notes in the aggregate principal amount of $25,070,000102,570,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 127,320,000, the Class D Notes in the aggregate principal amount of $19,600,000125,190,000 and the Class E Notes in the aggregate principal amount of $33,250,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000180,000,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000340,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,00050,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,000183,200,000, the Class B Notes in the aggregate principal amount of $25,070,00080,130,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 99,460,000, the Class D Notes in the aggregate principal amount of $19,600,00075,710,000, and the Class E Notes in the aggregate principal amount of $31,500,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the Certificateholder to sign such documents.
Appears in 2 contracts
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000239,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000375,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the 430,000,000 and Class A-4 Notes in the aggregate principal amount of $95,170,000, the Class B Notes in the aggregate principal amount of $25,070,000, the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,000306,000,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder Instructing Party recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
Appears in 1 contract
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2005-B-M)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000218,350,000, the Class A-2-A Notes in the aggregate principal amount of $447,240,000375,400,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000100,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000475,400,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00060,170,000, the Class B Notes in the aggregate principal amount of $25,070,000, 20,900,000 and the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,00019,590,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder to sign such documents.
Appears in 1 contract
Sources: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2026-2)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000100,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000202,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00074,046,000, the Class B Notes in the aggregate principal amount of $25,070,000, 51,514,000 and the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,00072,440,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
(c) With respect to the Hedge Provider, the Owner Trustee undertakes to perform or observe only such of the covenants and obligations of the Owner Trustee as are expressly set forth in this Trust Agreement, and no implied covenants or obligations with respect to the Hedge Provider shall be read into this Trust Agreement or the other Basic Documents against the Owner Trustee. The Owner Trustee shall not be deemed to owe any fiduciary duty to the Hedge Provider, and shall not be liable to any such person except as otherwise provided in this Trust Agreement.
Appears in 1 contract
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2008-1)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,000182,800,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,000223,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00090,327,000, the Class B Notes in the aggregate principal amount of $25,070,00053,846,000, the Class C Notes in the aggregate principal amount of $23,490,000 and 66,843,000, the Class D Notes in the aggregate principal amount of $19,600,00065,730,000 and the Class E Notes in the aggregate principal amount of $17,454,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
Appears in 1 contract
Sources: Trust Agreement (AmeriCredit Automobile Receivables Trust 2010-4)
General Authority. (a) The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is named as a party, each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State state business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulation, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 Notes in the aggregate principal amount of $287,180,00058,000,000, the Class A-2-A A-2 Notes in the aggregate principal amount of $447,240,00067,000,000, the Class A-2-B Notes in the aggregate principal amount of $135,000,000, the Class A-3 Notes in the aggregate principal amount of $510,630,00048,000,000, the Class A-4 Notes in the aggregate principal amount of $95,170,00028,726,000, the Class B Notes in the aggregate principal amount of $25,070,000, 13,988,000 and the Class C Notes in the aggregate principal amount of $23,490,000 and the Class D Notes in the aggregate principal amount of $19,600,00011,779,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificateholder recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
(b) At the written direction of the Certificateholder, the The Owner Trustee shall sign on behalf of the Trust any applicable tax returns of the Trust prepared and delivered to it by the Servicer or SellerTrust, unless applicable law requires the a Certificateholder to sign such documents.
Appears in 1 contract
Sources: Trust Agreement (AmeriCredit Prime Automobile Receivables Trust 2009-1)
General Authority. (a) The Owner Trustee shall have power and authority and hereby is authorized authorized, empowered and directed to execute and deliver the Basic Documents to which the Trust is named as a party, party and each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is named as a party and any amendment thereto and on behalf of the Trust, each State business license (and any renewal thereof) prepared by the Certificateholder or Servicer, including a Sales Finance Company Application (and any renewal thereof) with the Pennsylvania Department of Banking, Licensing Division, and a Financial Regulation Application (and any renewal thereof) with the Maryland Department of Labor, Licensing and Regulationthereto, in each case, in such form as the Depositor Representative shall approve as evidenced conclusively by the Owner Trustee’s 's execution thereof, and on behalf of the Trust, to direct the Indenture Trustee to authenticate and deliver the Class A-1 AS-1 Notes in the aggregate principal amount of $287,180,000137,788,000, the Class A-2-A AS-2 Notes in the aggregate principal amount of $447,240,000141,057,000, the Class A-2-B AS-3 Notes in the aggregate principal amount of $135,000,000190,443,000, the Class A-3 MS-1 Notes in the aggregate principal amount of $510,630,00022,084,000, the Class A-4 MS-2 Notes in the aggregate principal amount of $95,170,00023,463,000, the Class B BS Notes in the aggregate principal amount of $25,070,00012,423,000, the Class C AN Notes in the aggregate principal amount of $23,490,000 and the 55,395,000, Class D MN Notes in the aggregate principal amount of $19,600,0002,229,000, Class BN Notes in the aggregate principal amount of $4,457,000. In addition to the foregoing, the Owner Trustee shall have power and authority and hereby is authorizedauthorized and empowered, but shall not be obligated, to take all actions required of the Trust pursuant to the Basic Documents. The Owner Trustee further shall have power and authority and hereby is further authorized and empowered from time to time to take such action as the Certificateholder Servicer recommends to it in writing with respect to the Basic Documents so long as such activities are consistent with Documents. It shall be the duty of the Owner Trustee, and the Owner Trustee shall have power and authority and is hereby authorized and empowered, to discharge (or cause to be discharged) all of its responsibilities pursuant to the terms of this Agreement and the Sale and Servicing Agreement and to administer the Trust in the interest of the Certificateholders, subject to the Basic Documents.
(b) At Documents and in accordance with the written direction provisions of this Agreement. Notwithstanding the Certificateholderforegoing, the Owner Trustee shall sign on behalf be deemed to have discharged its duties and responsibilities hereunder and under the Basic Documents to the extent the Servicer has agreed in the Sale and Servicing Agreement, or the Holder of the Special Interests has agreed hereunder or thereunder, to perform any act or to discharge any duty of the Owner Trustee hereunder or of the Trust under any applicable tax returns Basic Document, and the Owner Trustee shall not be liable for the default or failure of the Trust prepared and delivered to it by the Servicer or Seller, unless applicable law requires the Certificateholder Holder of the Special Interests to sign such documentscarry out its obligations hereunder or thereunder.
Appears in 1 contract
Sources: Trust Agreement (Money Store Commercial Mortgage Inc)