Common use of Payments from Owner Trust Estate Clause in Contracts

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or Certificate Paying Agent, as applicable, under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee or Certificate Paying Agent is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trustee or Certificate Paying Agent, as applicable, shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents to which the Trust, the Owner Trustee or the Certificate Paying Agent is a party.

Appears in 60 contracts

Sources: Trust Agreement (Exeter Select Automobile Receivables Trust 2026-1), Trust Agreement (Exeter Select Automobile Receivables Trust 2026-1), Trust Agreement (Exeter Automobile Receivables Trust 2026-2)

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or any Certificate Paying Agent, as applicable, Agent under this Agreement or any of the Basic Documents or, with respect to Certificates, any Series Supplement or any Series Related Document to which the Trust or the Owner Trustee or Certificate Paying Agent is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trustee or Certificate Paying Agent, as applicable, Trust shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company Company, or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents or, with respect to Certificates, any Series Supplement or any Series Related Document to which the Trust, Trust or the Owner Trustee or the Certificate Paying Agent is a party.

Appears in 4 contracts

Sources: Trust Agreement (Household Automotive Trust 2001-1), Trust Agreement (Household Automotive Trust v Series 2000 2), Trust Agreement (Household Automotive Trust Vi Series 2000 3)

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee or Certificate Paying Agent, as applicable, under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee or Certificate Paying Agent is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trustee or Certificate Paying Agent, as applicable, shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company [Owner Trustee] or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents to which the Trust, the Owner Trustee or the Certificate Paying Agent is a party.

Appears in 3 contracts

Sources: Trust Agreement (Efcar, LLC), Trust Agreement (Efcar, LLC), Trust Agreement (Efcar, LLC)