Common use of Organizational Expenses; Liabilities of the Holders Clause in Contracts

Organizational Expenses; Liabilities of the Holders. (a) The Servicer shall pay organizational expenses of the Issuer as they may arise.

Appears in 292 contracts

Samples: Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2)

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Organizational Expenses; Liabilities of the Holders. (a) The Servicer Depositor shall pay organizational expenses of the Issuer as they may arise.

Appears in 22 contracts

Samples: Trust Agreement (USAA Auto Owner Trust 2016-1), Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Acceptance LLC)

Organizational Expenses; Liabilities of the Holders. (a) The Pursuant to the Sale and Servicing Agreement, the Servicer shall pay organizational expenses of the Issuer as they may arise.

Appears in 3 contracts

Samples: 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)

Organizational Expenses; Liabilities of the Holders. (a) The Servicer Seller shall pay organizational expenses of the Issuer as they may arise.

Appears in 1 contract

Samples: Trust Agreement (Banc of America Securities Auto Trust 2006-G1)

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Organizational Expenses; Liabilities of the Holders. (a) The Servicer shall pay organizational organizational, start-up and transactional expenses of the Issuer as they may arise.

Appears in 1 contract

Samples: Trust Agreement (Chase Auto Receivables LLC)

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