Common use of Separateness from Trust Depositor Clause in Contracts

Separateness from Trust Depositor. The Originator agrees to take or refrain from taking or engaging in with respect to the Trust Depositor, as applicable, each of the actions or activities specified in the "substantive consolidation" opinion of Sullxxxx & Xromxxxx (xxcluding any certificates of the Originator attached thereto) delivered on the Closing Date, upon which the conclusions therein are based.

Appears in 6 contracts

Samples: Ocai Transfer Agreement (Orix Credit Alliance Receivables Trust 2000-A), Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 1999-A), Ocai Transfer Agreement (Orix Credit Alliance Receivables Trust 2000 B)

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Separateness from Trust Depositor. The Originator agrees to take or refrain from taking or engaging in with respect to the Trust Depositor, as applicable, Depositor each of the actions or activities specified in the "substantive consolidation" opinion of Sullxxxx & Xromxxxx Xxxxxx Xxxxx LLP (xxcluding including any certificates of the Originator attached thereto) delivered on the Closing Date, upon which the conclusions therein are based.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Separateness from Trust Depositor. The Originator agrees to take or refrain from taking or engaging in with respect to the Trust Depositor, as applicable, each of the actions or activities specified in the "substantive consolidation" opinion of Sullxxxx & Xromxxxx Xxxxxxx and Xxxxxx (xxcluding including any certificates of the Originator attached thereto) delivered on the Closing Date, upon which the conclusions therein are based.

Appears in 1 contract

Samples: Acas Transfer Agreement (American Capital Strategies LTD)

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