Common use of Relevant Trustee Clause in Contracts

Relevant Trustee. Following the payment in full of principal of, and interest on, the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington Trust, National Association hereunder (individually and as Certificate Paying Agent) shall be equally applicable to Wilmington Trust, National Association in its role as Relevant Trustee under the Transaction Documents.

Appears in 36 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables LLC)

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Relevant Trustee. Following the payment in full of principal of, and interest on, the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington TrustCitibank, National Association N.A. hereunder (individually and as Certificate Paying Agent) shall be equally applicable to Wilmington TrustCitibank, National Association N.A. in its role as Relevant Trustee under the Transaction Documents.

Appears in 26 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2022-3), Trust Agreement (Santander Drive Auto Receivables Trust 2022-4), Trust Agreement (Drive Auto Receivables Trust 2019-2)

Relevant Trustee. Following the payment in full of principal of, and interest on, the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington TrustComputershare Trust Company, National Association hereunder (individually and as Certificate Paying Agent) shall be equally applicable to Wilmington TrustComputershare Trust Company, National Association in its role as Relevant Trustee under the Transaction Documents.

Appears in 5 contracts

Samples: Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-1)

Relevant Trustee. Following the payment in full of principal of, and interest on, on the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent Owner Trustee shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington Trust, National Association Trust hereunder (individually and as Certificate Paying AgentOwner Trustee) shall be equally applicable to Wilmington Trust, National Association Trust in its role as Relevant Trustee under the Transaction Documents.

Appears in 4 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables Trust 2014-4), Trust Agreement (Santander Drive Auto Receivables LLC)

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Relevant Trustee. Following the payment in full of principal of, and interest on, the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington Trust, National Association [ ] hereunder (individually and as Certificate Paying Agent) shall be equally applicable to Wilmington Trust, National Association [ ] in its role as Relevant Trustee under the Transaction Documents.

Appears in 2 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

Relevant Trustee. Following the payment in full of principal of, and interest on, the Notes and receipt of written notification from the Servicer, the Certificate Paying Agent shall assume the role of Relevant Trustee and shall perform the express obligations of the Relevant Trustee under the Sale and Servicing Agreement. All of the same rights, protections, indemnities and immunities of Wilmington Trust, National Association [_________] hereunder (individually and as Certificate Paying Agent) shall be equally applicable to Wilmington Trust, National Association [_________] in its role as Relevant Trustee under the Transaction Documents.

Appears in 1 contract

Samples: Trust Agreement (Bridgecrest Auto Funding LLC)

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