Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a) of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEE
Appears in 74 contracts
Samples: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-1 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-3 Owner Trust)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a8.01 (a) of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEE
Appears in 34 contracts
Samples: Trust Agreement (American Honda Receivables LLC), Trust Agreement (Honda Auto Receivables 2009-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2013-3 Owner Trust)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a8.01 (a) of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEE.
Appears in 24 contracts
Samples: Trust Agreement (Honda Auto Receivables 2006-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2007-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2008-1 Owner Trust)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a) 7.10 of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate RateCertificates. ARTICLE FOUR ACTIONS BY OWNER TRUSTEEFOUR
Appears in 4 contracts
Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2010-1), Trust Agreement (Harley-Davidson Motorcycle Trust 2010-1), Trust Agreement (Harley-Davidson Motorcycle Trust 2009-2)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a) of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEE.
Appears in 4 contracts
Samples: Trust Agreement (Honda Auto Receivables 2016-4 Owner Trust), Trust Agreement (American Honda Receivables LLC), Trust Agreement (Honda Auto Receivables 2016-4 Owner Trust)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a) of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEEFOUR
Appears in 3 contracts
Samples: Trust Agreement (American Honda Receivables LLC), Trust Agreement (Honda Auto Receivables 2016-1 Owner Trust), Trust Agreement (Honda Auto Receivables 2016-1 Owner Trust)
Repayment of Trust Certificates. In the event of an optional purchase pursuant to Section 8.01(a) 7.10 of the Sale and Servicing Agreement, the Trust Certificates will be prepaid in whole, but not in part, at an aggregate prepayment price equal to the aggregate Certificate Balance of all the Trust Certificates plus accrued interest thereon at the Certificate Rate. ARTICLE FOUR ACTIONS BY OWNER TRUSTEECertificates.
Appears in 2 contracts
Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2009-3), Trust Agreement (Harley-Davidson Motorcycle Trust 2009-4)