Investment Earnings. The Administrator shall be entitled to receive all Investment Earnings when and as paid without any obligation to the AART Owner Trustee, the AART Indenture Trustee or the Depositor in respect thereof, and the Administrator shall have no obligation to deposit any such amount in any account established hereunder. To the extent that any such amount shall be held in any account held by the AART Indenture Trustee or the AART Owner Trustee or otherwise established hereunder, such amount will be withdrawn therefrom and paid to the Administrator upon presentation of a certificate signed by a Responsible Officer of the Administrator setting forth, in reasonable detail, the amount of such Investment Earnings.
Appears in 12 contracts
Samples: Administration Agreement (Ally Auto Assets LLC), Administration Agreement (Ally Auto Assets LLC), Administration Agreement (Ally Auto Assets LLC)
