Common use of Limitations on Termination Clause in Contracts

Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 Amended and Restated Trust Agreement (DRIVE 2017-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

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Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders Certificateholder shall be entitled to revoke or terminate the Issuer. 37 Amended and & Restated Trust Agreement (DRIVE 2017-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEESAgreement

Appears in 2 contracts

Samples: Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-1), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-1)

Limitations on Termination. Except as provided in Section 9.1, neither the Seller Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 39 Amended and Restated Trust Agreement (DRIVE 2017SDART 2024-12) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 Amended and Restated Trust Agreement (DRIVE 20172020-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Drive Auto Receivables Trust 2020-1), Trust Agreement (Drive Auto Receivables Trust 2020-1)

Limitations on Termination. Except as provided in Section 9.1, neither the Seller Depositor nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 39 Second Amended and Restated Trust Agreement (DRIVE 2017SDART 2023-12) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2023-2), Trust Agreement (Santander Drive Auto Receivables Trust 2023-2)

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Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders Certificateholder shall be entitled to revoke or terminate the Issuer. 37 15 Amended and & Restated Trust Agreement (DRIVE 2017-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 35 Amended and Restated Trust Agreement (DRIVE 2017-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables Trust 2017-2)

Limitations on Termination. Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer. 37 38 Amended and Restated Trust Agreement (DRIVE 201720[ ]-1) ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES[ ])

Appears in 1 contract

Samples: Trust Agreement (Santander Drive Auto Receivables LLC)

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