Common use of No Duties Clause in Contracts

No Duties. Except as Specified in This Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust Assets, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law filing for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets that result from actions by, or claims against, the Owner Trustee, in its individual capacity, that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction Documents.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee or the Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; 6.3, and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or otherwise to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it willshall, however, at its own cost and expense, promptly take all action as may be necessary to discharge any liens lien (other than the lien of the Indenture) on any part of the Owner Trust Assets Estate that result results from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in ----------------------------------------------------- Instructions. The Owner Trustee shall not have any duty or obligation to ------------ manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.035.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust Assetsor the Trust Estate, or to otherwise take or refrain from taking any action under, or in connection with, this Agreement or any document contemplated hereby to which the Owner Trustee Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.035.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for any filing or recording, including filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it or the Trust hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee in its individual capacity nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Trust Assets Estate or the transactions contemplated by the Transaction Documents.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust AssetsProperty, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Related Document against the Owner Trustee. The Owner Trustee shall have no responsibility for preparing or filing any tax or securities law filing or report with respect to the Issuer of the Notes or for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law filing for the Trust or to record this Agreement or any other Transaction Related Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Property that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsProperty.

No Duties. Except as Specified in This this Agreement or in ----------------------------------------------------- Instructions. The Owner Trustee shall not have any duty or obligation to ------------ manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement this Agreement, the Basic Documents or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement this Agreement, the Basic Documents or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust Assets, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law filing for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets that result from actions by, or claims against, the Owner Trustee, in its individual capacity, that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsAssets.

No Duties. Except as Specified in This Agreement this Agreement, the Basic Documents or in any Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement ----------------------------------------------- or in InstructionsInstructions . The Owner Trustee shall not have any duty or obligation to ------------------ manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement this Agreement, the Program Documents or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee or the Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Program Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time anytime or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Program Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement this Agreement, the Basic Documents or in any Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust Assets, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law or tax law filing for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets that result from actions by, or claims against, the Owner Trustee, in its individual capacity, that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction Documents.

No Duties. Except as Specified in This Agreement this Agreement, the Basic Documents or in any Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any other Basic Document or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in ----------------------------------------------------- Instructions. The Owner Trustee shall not have any duty or obligation to ------------ manage, make any payment anypayment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.035.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare or file any securities law Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee or the Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; , and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien Lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing or tax filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in ----------------------------------------------------- Instructions. The Owner Trustee shall not have any duty or obligation to ------------ manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien Lien granted to it hereunder or to prepare or file any securities law Securities and Exchange Commission filing for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.