Common use of No Segregation of Moneys; No Interest Clause in Contracts

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 15 contracts

Samples: Trust and Servicing Agreement (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Trust and Servicing Agreement (Bay View Securitization Corp), Trust and Servicing Agreement (Uacsc Auto Trusts)

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No Segregation of Moneys; No Interest. Subject to Section 9.045.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 13 contracts

Samples: Trust Agreement (SLC Student Loan Trust 2010-1), Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2007-1)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections 5.1 and 5.2, moneys received by the Co-Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Co-Owner Trustee shall not be liable for any interest thereon.

Appears in 10 contracts

Samples: Trust Agreement (Education Capital I LLC), Trust Agreement (Student Loan Funding LLC), Trust Agreement (Education Capital I LLC)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 6 contracts

Samples: Trust Agreement (Northwest Airlines Inc /Mn), Trust Agreement (Northwest Airlines Inc /Mn), Trust Agreement (Northwest Airlines Inc /Mn)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections 5.01 and 5.02, moneys received by the Owner Trustee, the Trustee or any paying agent hereunder need not be segregated in any manner except to the extent required by law any Applicable Law or this the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by lawany Applicable Law, and neither a paying agent, the Trustee, the Trust Company nor the Owner Trustee shall not be liable for any interest thereon.

Appears in 5 contracts

Samples: Trust Agreement (Horizon Technology Finance Corp), Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Hercules Technology Growth Capital Inc)

No Segregation of Moneys; No Interest. Subject to Section 9.045.1, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 4 contracts

Samples: Trust Agreement (Navient Funding, LLC), Trust Agreement (Navient Student Loan Trust 2015-3), Trust Agreement (Navient Student Loan Trust 2015-2)

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 4 contracts

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.049.05 hereof, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 3 contracts

Samples: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections ------------------------------------- 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 3 contracts

Samples: Form of Trust Agreement (Asset Backed Securities Corp), Trust Agreement (First Horizon Asset Securities Inc), Trust Agreement (Thornburg Mortgage Asset Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04Except as otherwise provided herein, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereonthereon except as may be agreed to by it.

Appears in 2 contracts

Samples: Trust Agreement (Panda Interfunding Corp), Trust Agreement (Panda Interfunding Corp)

No Segregation of Moneys; No Interest. Subject to Except as required by Section 9.043.5 of the Lease or Section 2.4 of the Participation Agreement, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement law, and such moneys may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 2 contracts

Samples: Trust Agreement (General American Railcar Corp Ii), Trust Agreement (General American Railcar Corp Ii)

No Segregation of Moneys; No Interest. Subject to Section 9.049.05, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Securitization Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections 5.1 and 5.2, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Pooling and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 2 contracts

Samples: Trust Agreement (Provident Lease Receivables Corp), Trust Agreement (Provident Lease Receivables Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections ------------------------------------- 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Transfer and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)

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No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Efg Funding Corp)

No Segregation of Moneys; No Interest. Subject to Except as required by Section 9.042.4 of the Participation Agreement, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement law, and such moneys may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Gatx Rail Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by ------------------------------------- the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the Transaction Documents and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be personally liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.045.01, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the any Basic Document and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Mru Abs Ii LLC)

No Segregation of Moneys; No Interest. Subject to Except as required ------------------------------------- by Section 9.042.4 of the Participation Agreement, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement law, and such moneys may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Gatx Rail Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04Sections 5.01 through 5.03, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Mellon Premium Finance Loan Owner Trust)

No Segregation of Moneys; No Interest. Subject to Section 9.04, moneys Moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this the Transfer and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall will not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)

No Segregation of Moneys; No Interest. Subject to Section 9.04------------------------------------- Sections 5.01 and 5.02, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law or this Agreement the Sale and Servicing Agreement, and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee shall not be liable for any interest thereon.

Appears in 1 contract

Samples: Trust Agreement (SSB Vehicle Securities Inc)

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