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

Sources: Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC), Trust Agreement (SLM 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 18 contracts

Sources: Trust Agreement (SLM Student Loan Trust 2006-3), Trust Agreement (SLM Student Loan Trust 2005-9), Trust Agreement (SLM Student Loan Trust 2006-8)

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

Sources: Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp 4), 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 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

Sources: Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Daimlerchrysler Auto Trust 2001 B), Trust Agreement (Daimlerchrysler Auto Trust 2001-C)

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

Sources: 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

Sources: 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

Sources: 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 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

Sources: 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 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

Sources: Trust Agreement (Caterpillar Financial Asset Trust 2004-A), 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 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

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

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

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

Sources: 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

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

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

Sources: Trust Agreement (Ryder Funding Ii Lp)

Not Acting in Individual Capacity. Except as 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 Transaction Document shall look only to the Trust Estate for payment or satisfaction thereof.

Appears in 1 contract

Sources: Trust Agreement (Dealer Auto Receivables 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

Sources: Trust Agreement (Caterpillar Financial Funding Corp)

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

Sources: Owner Trust Agreement (DLJ Mortgage Acceptance Corp)