Common use of Other Trusts Clause in Contracts

Other Trusts. All Trust Property which is expressly segregated by the Receivables Trustee for the benefit of any other Beneficiary according to the terms of any Supplement shall be held on such terms for such Beneficiary (each an "OTHER TRUST") and all Trust Property held on an Other Trust shall hereinafter be referred to as "OTHER TRUST PROPERTY". The Undivided Bare Trust, the Ineligibles Bare Trusts, the Segregated Bare Trusts, and any Other Trusts shall hereinafter be collectively referred to as the "RECEIVABLES TRUST". The Receivables Trustee shall hold the Trust Property for the purpose of receiving amounts arising therefrom and transferring and distributing such amounts in accordance with the provisions hereof for the benefit of the Beneficiaries as such provisions may be amended, supplemented or varied from time to time in the manner provided herein. The Beneficiaries acknowledge that any other duties of the Receivables Trustee as set out herein and in any of the Relevant Documents shall be incidental and ancillary to the foregoing and to the granting of interests by the Receivables Trustee to the Beneficiaries in the manner provided in Clause 4.