Organizational Expenses; Liabilities of the Holders. (a) The Administrator shall pay organizational expenses of the Issuing Entity as they may arise.
Appears in 36 contracts
Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)
Organizational Expenses; Liabilities of the Holders. (a) The Administrator shall pay organizational expenses of the Issuing Entity Issuer as they may arise.
Appears in 32 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease Underwritten Funding LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Organizational Expenses; Liabilities of the Holders. (a) The Administrator shall pay organizational expenses of the Issuing Entity Trust as they may arisearise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.
Appears in 3 contracts
Samples: Trust Agreement (M&i Dealer Auto Securitization LLC), Trust Agreement (Bond Securitization LLC), Trust Agreement (M&i Auto Loan Trust 2002-1)
