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Common use of Limitations on Termination Clause in Contracts

Limitations on Termination. Except as provided in Section 9.1, neither the Transferor nor the Certificateholder shall be entitled to revoke or terminate the Issuer.

Appears in 37 contracts

Sources: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Parent Clauses

  • Termination of Trust Agreement
  • Payments to the Owner Trustee
  • Compensation of Owner Trustee
  • Compliance With Applicable Law
  • Application of Trust Funds Certain Duties

Sub-Clauses

  • Resignation or Removal of the Owner Trustee
  • Eligibility Requirements for the Owner Trustee
  • Successor Owner Trustee
  • Successor Trustee
  • Resignation or Removal of Either Trustee
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