Common use of Resignation and Removal of Administrator Clause in Contracts

Resignation and Removal of Administrator. (a) The obligations of the Administrator pursuant to this Article shall continue until the dissolution of the Trust, upon which event such obligations will terminate.

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2004-A)

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Resignation and Removal of Administrator. (a) The obligations of the Administrator pursuant to this Article IX shall continue until the dissolution termination of the Trust, upon which event such obligations will terminate.

Appears in 2 contracts

Samples: Trust Agreement (Mellon Premium Finance Loan Owner Trust), Trust Agreement (Mellon Premium Finance Loan Owner Trust)

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