Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring the Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will have the power and authority to:
Appears in 7 contracts
Samples: Trust Agreement, Trust Agreement (American Express Receivables Financing Corp VIII LLC), Trust Agreement (American Express Receivables Financing Corp VIII LLC)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring interests in the Master Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 7 contracts
Samples: Trust Agreement (BA Master Credit Card Trust II), Trust Agreement, Trust Agreement
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring interests in the CARCO Receivables Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 4 contracts
Samples: Trust Agreement (Carco Auto Loan Master Trust), Trust Agreement (Daimlerchrysler Wholesale Receivables LLC), Trust Agreement (Daimlerchrysler Master Owner Trust)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring the Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 4 contracts
Samples: Trust Agreement (Capital One Funding, LLC), Trust Agreement, Trust Agreement (Capital One Master Trust)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring interests in the Master Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will have has the power and authority to:
Appears in 3 contracts
Samples: Trust Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Trust Agreement, Trust Agreement (Citibank Credit Card Issuance Trust)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring the Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority and is hereby authorized to:
Appears in 2 contracts
Samples: Trust Agreement (Dryrock Issuance Trust), Trust Agreement (Dryrock Issuance Trust)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring the Trust Estate Receivables and related Collateral Security under the Sale and Servicing Agreement and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 2 contracts
Samples: Trust Agreement (Daimlerchrysler Master Owner Trust), Trust Agreement (Daimlerchrysler Master Owner Trust)
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (ai) The purpose of the Trust is is, and the Trust shall have the power and authority, to engage engage, from time to time, solely in a program of acquiring Loans pursuant to the Trust Estate Sale and Servicing Agreement and issuing Notes under pursuant to the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 1 contract
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is is, and the Trust shall have the power and authority, to engage engage, from time to time, solely in a program of acquiring Loans pursuant to the Trust Estate Sale and Servicing Agreement and issuing Notes under pursuant to the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 1 contract
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring interests in the Master Trust Estate and issuing Notes under in one or more series pursuant to the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will shall have the power and authority to:
Appears in 1 contract
Purposes and Powers; Trust To Operate as a Single Purpose Entity. (a) The purpose of the Trust is to engage solely in a program of acquiring interests in the Master Trust Estate and issuing Notes under the Indenture and related activities. Without limiting the generality of the foregoing, the Trust may and will have the power and authority tomay:
Appears in 1 contract
Samples: Trust Agreement (Citibank Nevada National Association)
