Common use of Not Acting in Individual Capacity Clause in Contracts

Not Acting in Individual Capacity. Except as stated in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a claim against the Owner Trustee related to a Transaction Document will look only to the Trust Property for payment or satisfaction of that claim.

Appears in 61 contracts

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2026-A), Trust Agreement (Ford Credit Auto Owner Trust 2026-A), Trust Agreement (Ford Credit Auto Owner Trust 2025-C)

Not Acting in Individual Capacity. Except as stated provided in this Article VISection 7.3, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Trust Agreement or any other Transaction Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 46 contracts

Sources: Trust Agreement (CarMax Auto Owner Trust 2025-4), Trust Agreement (CarMax Auto Owner Trust 2025-4), Trust Agreement (CarMax Select Receivables Trust 2025-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 45 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2026-A), Trust Agreement (Hyundai Auto Receivables Trust 2026-A), Trust Agreement (Hyundai Auto Receivables Trust 2025-D)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property for payment or satisfaction of that claimthereof.

Appears in 33 contracts

Sources: Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by any Transaction Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 32 contracts

Sources: Trust Agreement (Ford Credit Floorplan LLC), Trust Agreement (Ford Credit Auto Owner Trust 2015-B), Trust Agreement (Ford Credit Auto Owner Trust 2015-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association Association, acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 25 contracts

Sources: Trust Agreement (World Omni Auto Receivables Trust 2026-B), Trust Agreement (World Omni Auto Receivables Trust 2026-B), Trust Agreement (World Omni Auto Receivables Trust 2026-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VISection 8.03, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 18 contracts

Sources: Trust Agreement (Accredited Mortgage Loan Trust 2004-3), Trust Agreement (Accredited Mortgage Loan Trust 2005-4), Trust Agreement (Accredited Mortgage Loan REIT Trust)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 15 contracts

Sources: Trust Agreement (World Omni Auto Receivables Trust 2016-A), Trust Agreement (World Omni Auto Receivables Trust 2016-A), Trust Agreement (World Omni Auto Receivables Trust 2015-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VISection 7.3, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Agreement or any other Transaction Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 13 contracts

Sources: Trust Agreement (CarMax Auto Owner Trust 2015-4), Trust Agreement (CarMax Auto Owner Trust 2015-3), Trust Agreement (CarMax Auto Owner Trust 2015-2)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 13 contracts

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2010-B), Trust Agreement (Ford Credit Auto Owner Trust 2010-A), Trust Agreement (Ford Credit Auto Owner Trust 2008-B)

Not Acting in Individual Capacity. Except as stated otherwise provided in this Article VIArticle, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts is acting solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 10 contracts

Sources: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2014-4 Owner Trust)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts hereby created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 5 contracts

Sources: Trust Agreement (Deere John Receivables Inc), Trust Agreement (Greenpoint Mortgage Securities LLC), Trust Agreement (Deere John Receivables Inc)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Agreement or any Transaction Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 3 contracts

Sources: Trust Agreement (Household Mortgage Loan Trust 2003-Hc1), Trust Agreement (Household Mortgage Loan Trust 2003-Hc2), Trust Agreement (Household Mortgage Loan Trust 2002 Hc1)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as the Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Agreement or any Transaction Document will shall look only to the Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 3 contracts

Sources: Trust Agreement (Santander Drive Auto Receivables Trust 2007-2), Trust Agreement (Santander Drive Auto Receivables Trust 2007-1), Trust Agreement (Santander Drive Auto Receivables Trust 2007-3)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Agreement or any Transaction Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 3 contracts

Sources: Trust Agreement (HSBC Home Equity Loan Trust (USA) 2006-1), Trust Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Trust Agreement (HSBC Home Equity Loan Trust 2005-1)

Not Acting in Individual Capacity. Except as stated expressly provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Trust Property for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Merrill Auto Trust Securitization 2008-1), Trust Agreement (Merrill Auto Trust Securitization 2007-1)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claim.thereof. 28 (2017-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2017-B), Trust Agreement (Hyundai Auto Receivables Trust 2017-B)

Not Acting in Individual Capacity. Except as stated otherwise provided in this Article VIArticle, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Trust Document will shall look only to the Trust Property Assets for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Nissan Auto Lease Trust 2004-A), Trust Agreement (Nissan Auto Leasing LLC Ii)

Not Acting in Individual Capacity. Except as stated otherwise provided in this Article VIArticle, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts Association, acting solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Honda Auto Receivables 2010-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2010-3 Owner Trust)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claim.thereof. 28 (2018-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2018-B), Trust Agreement (Hyundai Auto Receivables Trust 2018-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claim.thereof. 28 (2025-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2025-B), Trust Agreement (Hyundai Auto Receivables Trust 2025-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this Agreementtrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2011-C), Trust Agreement (Hyundai Auto Receivables Trust 2011-B)

Not Acting in Individual Capacity. Except as stated otherwise provided in this Article VIArticle, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts Association, solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (American Honda Receivables Corp Auto Rec 2003 2 Owner Trust), Trust Agreement (Honda Auto Receivables 2004-1 Owner Trust)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2013-B Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2013-B), Trust Agreement (Ford Credit Auto Lease Trust 2013-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2015-B Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claim.thereof. 28 (2025-C Amended and Restated Trust Agreement)

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2025-C), Trust Agreement (Hyundai Auto Receivables Trust 2025-C)

Not Acting in Individual Capacity. Except as stated expressly provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as the Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by this Agreement or any Transaction Document will shall look only to the Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Fifth Third Auto Trust 2023-1), Trust Agreement (Fifth Third Auto Trust 2023-1)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2014-A Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2014-A), Trust Agreement (Ford Credit Auto Lease Trust 2014-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VISection 8.03, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust Trust, National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 2 contracts

Sources: Trust Agreement (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1), Trust Agreement (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2011-B Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2011-B), Trust Agreement (Ford Credit Auto Lease Trust 2011-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI7, in accepting the trusts created by this AgreementTrust hereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property Estate for payment or satisfaction of that claim.thereof. 28 (2018-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Sources: Trust Agreement (Hyundai Abs Funding LLC), Trust Agreement (Hyundai Auto Receivables Trust 2018-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2012-B Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2012-B), Trust Agreement (Ford Credit Auto Lease Trust 2012-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2013-A Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2013-A), Trust Agreement (Ford Credit Auto Lease Trust 2013-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2012-A Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2012-A), Trust Agreement (Ford Credit Auto Lease Trust 2012-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting accept­ing the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2007-A), Trust Agreement (Ford Credit Auto Owner Trust 2007-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2014-B Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2014-B), Trust Agreement (Ford Credit Auto Lease Trust 2014-B)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2015-A Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2015-A), Trust Agreement (Ford Credit Auto Lease Trust 2015-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 2011-A Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 2 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2011-A), Trust Agreement (Ford Credit Auto Lease Trust 2011-A)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting accept-ing the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 1 contract

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2006-C)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust Trust, National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 1 contract

Sources: Trust Agreement (Ford Credit Auto Receivables Two LLC)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 20_-_ Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2 and the validity of its signature on any certificate of authentication of the Owner Trustee.

Appears in 1 contract

Sources: Trust Agreement (CAB West LLC)

Not Acting in Individual Capacity. Except as stated expressly provided in this Article VI, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a by reason of the transactions contemplated by any Transaction Document will shall look only to the Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (Sunterra Corp)

Not Acting in Individual Capacity. Except as stated expressly provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Trust Property for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (Merrill Auto Trust Securitization 2005-1)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement and not in its individual capacity. Any Person with a All Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by any 20__-_ Basic Document will look only to the Trust Property for payment or satisfaction thereof. However, the Owner Trustee will be responsible for any breach of that claimits representations and warranties made in Section 6.2.

Appears in 1 contract

Sources: Trust Agreement (CAB West LLC)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (USAA Auto Owner Trust 2006-1)

Not Acting in Individual Capacity. Except as stated otherwise provided in this Article VIArticle, in accepting the trusts created by this Agreementtrust hereby created, U.S. Bank Trust National Association acts Association, acting solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any other Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (Honda Auto Receivables 2005-4 Owner Trust)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVII, in accepting the trusts created by this Agreementhereby created, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (Ace Securities Corp Rv & Marine Trust 2001-Rv1)

Not Acting in Individual Capacity. Except as stated provided in this Article VIVIII, in accepting the trusts hereby created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a capacity and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Agreement or any Related Document will shall look only to the Trust Property for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Grantor Trust Agreement (Green Tree Financial Corp)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts hereby created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Owner Trust Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Owner Trust Agreement (Credit Suisse First Boston Mor Ac Corp CSFB Abs Tr 2002 Hi23)

Not Acting in Individual Capacity. Except as stated provided in this Article VI, in accepting the trusts hereby created by this Agreement, U.S. Bank Trust National Association acts solely as Owner Trustee under this Agreement hereunder and not in its individual capacity. Any Person with a , and all Persons having any claim against the Owner Trustee related to a Transaction by reason of the transactions contemplated by this Trust Agreement or any Basic Document will shall look only to the Owner Trust Property Estate for payment or satisfaction of that claimthereof.

Appears in 1 contract

Sources: Trust Agreement (Argent Securities Inc)