Common use of Independence of the Administrator Clause in Contracts

Independence of the Administrator. For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer, the Owner Trustee, the Indenture Trustee or the Trust Agent with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless expressly authorized by the Issuer, the Administrator shall have no authority to act for or represent the Issuer, the Owner Trustee, the Indenture Trustee or the Trust Agent in any way and shall not otherwise be deemed an agent of the Issuer, the Owner Trustee, the Indenture Trustee or the Trust Agent.

Independence of the Administrator. For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer, the Owner TrusteeUnderlying Trust, the Indenture Underlying Trustee or the Trust Agent Owner Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless expressly authorized by the Issuer, the Administrator shall have no authority to act for or represent the Issuer, the Owner TrusteeUnderlying Trust, the Indenture Underlying Trustee or the Trust Agent Owner Trustee in any way and shall not otherwise be deemed an agent of the Issuer, the Owner TrusteeUnderlying Trust, the Indenture Underlying Trustee or the Trust AgentOwner Trustee.

Independence of the Administrator. For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the IssuerTrust, the Owner TrusteeTrustees, the Indenture Trustee or the Trust Agent Owners with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless expressly authorized by the IssuerTrust, the Trustees, or the Owners, the Administrator shall have no authority to act for or represent the IssuerTrust, the Owner TrusteeTrustees, the Indenture Trustee or the Trust Agent Owners, respectively, in any way other than as specified hereunder and shall not otherwise be deemed an agent of the IssuerTrust, the Owner TrusteeTrustees, the Indenture Trustee or the Trust AgentOwners.

Independence of the Administrator. For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer, the Owner Trustee, the Indenture Grantor Trustee or the Trust Agent Owner Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless expressly authorized by the Issuer, the Owner Trustee or the Grantor Trustee, the Administrator shall have no authority to act for or represent the Issuer, the Owner Trustee, the Indenture Trustee or the Trust Agent Grantor Trustee, respectively, in any way and shall not otherwise be deemed an agent of the Issuer, the Owner Trustee, the Indenture Grantor Trustee or the Trust AgentOwner Trustee.

Independence of the Administrator. For all purposes of this Administration Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the IssuerTrust, the Owner Trustee, the Ownership Certificateholder or the Indenture Trustee or the Trust Agent with respect to the manner in which it accomplishes the performance of performs its obligations hereunder. Unless Except to the extent expressly set forth herein or otherwise authorized by the IssuerTrust, the Administrator shall not have no any authority to act for or represent the IssuerTrust, the Owner Trustee, the Ownership Certificateholder or the Indenture Trustee or the Trust Agent in any way and shall not otherwise be deemed an agent of the Issuer, the Owner Trustee, Trust or the Indenture Trustee or the Trust AgentTrustee.