Common use of Limitations on Termination Clause in Contracts

Limitations on Termination. Except as provided in Section 9.1 and 9.2, neither the Seller nor the Residual Interestholder shall be entitled to revoke or terminate the Issuer. ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2012-6), Trust Agreement (Santander Drive Auto Receivables Trust 2012-6)

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Limitations on Termination. Except as provided in Section 9.1 and 9.2, neither the Seller nor the Residual Interestholder shall be entitled to revoke or terminate the Issuer. 18 Second Amended and Restated ARTICLE X SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2012-2), Trust Agreement (Santander Drive Auto Receivables Trust 2012-2)

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Limitations on Termination. Except as provided in Section 9.1 and 9.29.1, neither the Seller nor the Residual Interestholder Certificateholders shall be entitled to revoke or terminate the Issuer. 35 Amended and Restated 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)

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