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 Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 35 contracts

Samples: Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC)

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Not Acting in Individual Capacity. Except as provided in this Article VIIV, in accepting the trusts trust hereby created created, Chase Manhattan Bank USA, National Association acts solely as Interim Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereofcapacity.

Appears in 24 contracts

Samples: Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding Corp)

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

Appears in 18 contracts

Samples: Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp), Trust Agreement (WFS Receivables Corp 3)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 18 contracts

Samples: Trust Agreement (SLM Student Loan Trust 2006-7), Trust Agreement (SLM Student Loan Trust 2005-10), Trust Agreement (SLM Student Loan Trust 2006-4)

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

Appears in 15 contracts

Samples: Trust Agreement (Daimlerchrysler Auto Trust 2005-A), Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Daimlerchrysler Auto Trust 2002 A)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 8 contracts

Samples: Trust Agreement (SLM Education Credit Funding LLC), Trust Agreement (SLM Education Credit Funding LLC), Trust Agreement (SLM Education Credit Funding LLC)

Not Acting in Individual Capacity. Except as provided in this --------------------------------- Article VII, in accepting the trusts hereby created Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 6 contracts

Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)

Not Acting in Individual Capacity. Except as provided in --------------------------------- this Article VII, in accepting the trusts hereby created Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Trustee hereunder and not in its individual capacity and all Persons having any claim against the Eligible Lender Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 4 contracts

Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)

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

Appears in 4 contracts

Samples: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables Trust 2005-A), Trust Agreement (World Omni Auto Receivables LLC)

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

Appears in 2 contracts

Samples: And Restated Trust Agreement (Caterpillar Financial Asset Trust 2004-A), Trust Agreement (Caterpillar Financial Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Owner Trustee hereunder and not in its individual capacity capacity, and all Persons having any claim against the Eligible Lender Owner Trustee by reason of the transactions contemplated by this Agreement or any other Basic Transaction Document shall look only to the Trust Estate Assets for payment or satisfaction thereof.

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Trust Agreement (Honda Auto Receivables 2004-2 Owner Tust), Trust Agreement (American Honda Rec Corp Honda Auto Rec 03 3 Owner Trust)

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

Appears in 1 contract

Samples: Trust Agreement (Caterpillar Financial Funding Corp)

Not Acting in Individual Capacity. Except as provided in this Article VII, in accepting the trusts hereby created created, Chase Manhattan Bank USA, National Association acts solely as Eligible Lender Owner Trustee hereunder and not in its individual capacity and all Persons 16Persons having any claim against the Eligible Lender Owner Trustee by reason of the transactions contemplated by this Agreement or any other Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Samples: Trust Agreement (Caterpillar Financial Funding Corp)

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

Appears in 1 contract

Samples: Trust Agreement (Honda Auto Receivables 2002-3 Owner Trust)

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

Appears in 1 contract

Samples: Owner Trust Agreement (DLJ Mortgage Acceptance Corp)

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

Appears in 1 contract

Samples: Trust Agreement (Ryder Funding Ii Lp)

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