Common use of Not Acting in Individual Capacity Clause in Contracts

Not Acting in Individual Capacity. Except as provided in this Article, in accepting the trusts hereby created the Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this Agreement or any other Program Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 62 contracts

Samples: Trust Agreement (GM Financial Automobile Leasing Trust 2024-2), Trust Agreement (GM Financial Automobile Leasing Trust 2024-2), Trust Agreement (GM Financial Automobile Leasing Trust 2024-1)

AutoNDA by SimpleDocs

Not Acting in Individual Capacity. Except as provided in this ArticleArticle VII, in accepting the trusts hereby created performing its duties hereunder, the Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this Trust Agreement or any other Program Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 9 contracts

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

Not Acting in Individual Capacity. Except as provided in this ArticleArticle VII, in accepting the trusts hereby created created, the Trust Company Institution acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having persons asserting any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this Agreement or any other Program Document shall look only to the Owner Trust Estate Property for payment or satisfaction thereof.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as provided in this ArticleSection 6.3, in accepting the trusts hereby created created, the Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this Agreement or any other Program Transaction Document shall look only to the Owner Issuer Trust Estate for payment or satisfaction thereof.

Appears in 2 contracts

Samples: Trust Agreement (Bay View Capital Corp), Trust Agreement (Bay View Capital Corp)

AutoNDA by SimpleDocs

Not Acting in Individual Capacity. Except as expressly provided in this ArticleArticle VI, in accepting the trusts hereby created trust hereunder, the Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this Agreement or any other Program Transaction Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Household Affinity Funding Corp Iii

Not Acting in Individual Capacity. Except as provided in --------------------------------- this ArticleArticle VII, in accepting the trusts hereby created performing its duties hereunder, the Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee or the Trust by reason of the transactions contemplated by this the Trust Agreement or any other Program Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (MCG Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!