Common use of Not Acting in Individual Capacity Clause in Contracts

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association 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 Basic Document shall look only to the Trust Assets for payment or satisfaction thereof.

Appears in 54 contracts

Sources: Trust Agreement, Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as provided in this Article VIISection 7.3, in accepting the trusts hereby created, Wilmington Trust, National Association 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 Basic Transaction Document shall look only to the Owner Trust Assets Estate for payment or satisfaction thereof.

Appears in 47 contracts

Sources: Trust Agreement (CarMax Select Receivables Trust 2026-B), Trust Agreement (CarMax Auto Owner Trust 2026-2), Trust Agreement (CarMax Auto Owner Trust 2026-2)

Not Acting in Individual Capacity. Except as provided in this Article VIIArticle, in accepting the trusts hereby created, Wilmington Trust, National Association acts solely as Owner Trustee hereunder and not in its individual capacity, 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 Basic Document shall look only to the Owner Trust Assets Estate for payment or satisfaction thereof.

Appears in 41 contracts

Sources: Trust Agreement (BMW Vehicle Lease Trust 2026-1), Trust Agreement (BMW Vehicle Lease Trust 2026-1), Trust Agreement (BMW Vehicle Lease Trust 2025-2)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association Association, 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 Basic Document shall look only to the Owner Trust Assets Estate for payment or satisfaction thereof.

Appears in 29 contracts

Sources: Trust Agreement (World Omni Auto Receivables Trust 2025-C), Trust Agreement (World Omni Auto Receivables Trust 2025-C), Trust Agreement (World Omni Auto Receivables Trust 2025-A)

Not Acting in Individual Capacity. Except as provided in this Article VIISeven, in accepting the trusts hereby created, Wilmington Trust, National Association 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 Basic Transaction Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.

Appears in 27 contracts

Sources: Trust Agreement (Harley Davidson Motorcycle Trust 2025-A), Trust Agreement (Harley Davidson Motorcycle Trust 2025-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2024-B)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association 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 Basic Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.

Appears in 22 contracts

Sources: Trust Agreement (BMW Vehicle Owner Trust 2025-A), Trust Agreement (BMW Vehicle Owner Trust 2025-A), Trust Agreement (BMW Vehicle Owner Trust 2024-A)

Not Acting in Individual Capacity. Except as otherwise provided in this Article VIIArticle, in accepting the trusts hereby created, Wilmington Trust, National Association 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 the Basic Document Documents shall look only to the Trust Assets Property for payment or satisfaction thereof.

Appears in 20 contracts

Sources: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2023-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2023-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2022-1)

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

Appears in 14 contracts

Sources: Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Verizon Owner Trust 2020-B)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association 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 Basic Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.

Appears in 14 contracts

Sources: Trust Agreement, Trust Agreement, Trust Agreement

Not Acting in Individual Capacity. Except as provided in this Article VII7, in accepting the trusts Trust hereby created, Wilmington Trust, National Association 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 Basic Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.

Appears in 7 contracts

Sources: Trust Agreement, Trust Agreement (Hyundai Auto Receivables Trust 2015-B), Trust Agreement (Hyundai Auto Receivables Trust 2015-A)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association acts solely as the Owner Trustee hereunder and not in its individual capacity, 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 Basic Transaction Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.

Appears in 6 contracts

Sources: Trust Agreement (Fifth Third Auto Trust 2015-1), Trust Agreement (Fifth Third Auto Trust 2014-3), Trust Agreement (Fifth Third Auto Trust 2014-2)

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

Appears in 5 contracts

Sources: Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, created Wilmington Trust, National Association acts solely as Owner Trustee hereunder and not in its individual capacity, ; and all Persons having any claim against the Owner Trustee Trust or the Trust Owner Trustee, whether by reason of the transactions contemplated by this Trust Agreement or any other Basic Document shall otherwise, will look only to the Owner Trust Assets Estate (or a part thereof, as the case may be) for payment or satisfaction thereof, except as specifically provided in this Article VI.

Appears in 2 contracts

Sources: Trust Agreement (OneMain Financial Holdings, Inc.), Trust Agreement (OneMain Financial Holdings, Inc.)

Not Acting in Individual Capacity. Except as provided in this Article VIIVI, in accepting the trusts hereby created, Wilmington Trust, National Association acts solely as Owner Trustee hereunder and not in its individual capacity, 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 Basic Transaction Document shall look only to the Trust Assets for payment or satisfaction thereof.

Appears in 2 contracts

Sources: Trust Agreement (Atlanticus Holdings Corp), Trust Agreement (Atlanticus Holdings Corp)

Not Acting in Individual Capacity. Except as otherwise expressly provided in this Article VII, in accepting the trusts hereby created, Wilmington Trust, National Association Association, 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 Basic Transaction Document shall look only to the Trust Assets for payment or satisfaction thereof.

Appears in 1 contract

Sources: Trust Agreement (United States Cellular Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII7, in accepting the trusts Trust hereby created, Wilmington Trust, National Association 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 Basic Document shall look only to the Trust Assets Estate for payment or satisfaction thereof.. 28 (2013-B Amended and Restated Trust Agreement)

Appears in 1 contract

Sources: Trust Agreement (Hyundai Abs Funding Corp)