Servicer Payment Obligation. The Servicer shall be responsible for the payment of all fees and expenses of the Issuer and the Trustees paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.
Servicer Payment Obligation. The Master Servicer shall be responsible for the payment of all fees and expenses of the Issuer, the Owner Trustee and the Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain or cause to be obtained or maintained any required license under the (i) Maryland Vehicle Sales Finance Act or (ii) Pennsylvania Motor Vehicle Sales Finance Act.
Servicer Payment Obligation. The parties hereto acknowledge and agree that, pursuant to the Sale and Servicing Agreement, the Servicer shall be responsible for payment of the Administrator’s fees under Section 3 of the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder. In addition, the parties hereto acknowledge and agree that, pursuant to the Sale and Servicing Agreement, the Servicer shall be responsible for the payment of all fees and expenses of the Trust, the Owner Trustee (to the extent not paid by the Depositor) and the Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain any license required to be held by the Trust under the laws of any jurisdiction in connection with ownership of the Receivables. The remainder of this page intentionally left blank.
Servicer Payment Obligation. 38 EXHIBITS Exhibit A - Form of Certificate.......................................................... A-1 Exhibit B - Form of Certificate of Trust................................................. B-1 AMENDED AND RESTATED TRUST AGREEMENT This Amended and Restated Trust Agreement, dated as of June 1, 2004, is between Pooled Auto Securities Shelf LLC, a Delaware limited liability company, as depositor (the "Depositor"), and Wilmington Trust Company, a Delaware banking corporation, as trustee (in such capacity, the "Owner Trustee").
Servicer Payment Obligation. The Servicer shall be responsible for payment of the Administrator's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder. In addition, the Servicer shall be responsible for the payment of all fees and expenses of the Trust, the Owner Trustee and the Indenture Trustee paid by any of them in connection with any of their obligations under the Basic Documents to obtain or maintain any required license under the Pennsylvania Motor Vehicle Sales Finance Act.
Servicer Payment Obligation. 60 SCHEDULE A Schedule of Receivables SCHEDULE B Location of Receivable Files SCHEDULE C Local Collection Accounts EXHIBIT A Representations and Warranties of First Merchants EXHIBIT B Form of Distribution Date Statement to Securityholders EXHIBIT C Form of Servicer's Certificate EXHIBIT D Form of Policy SALE AND SERVICING AGREEMENT dated as of March 1, 1997, among FIRST MERCHANTS AUTO TRUST 1997-1, a Delaware business trust (the "Issuer"), FIRST MERCHANTS AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the "Seller"), FIRST MERCHANTS ACCEPTANCE CORPORATION, a Delaware corporation (the "Servicer") and XXXXXX TRUST AND SAVINGS BANK, an Illinois banking corporation, as indenture trustee (in such capacity, the "Indenture Trustee") and as backup servicer (in such capacity, the "Backup Servicer").
Servicer Payment Obligation. The Servicer shall be responsible for payment of the Administrator's compensation pursuant to Section 3 of the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder.
Servicer Payment Obligation. 40 SECTION 11.14. Third Party Beneficiaries.................... 40 EXHIBITS Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Certificate Depository Agreement TRUST AGREEMENT dated as of December 1, 1996 among CHASE MANHATTAN BANK USA, N.A. ("Chase USA"), a national banking association having its principal executive offices located at 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000, as the depositor (in its capacity as the depositor, the "Depositor"), CHASE AUTO FUNDING CORPORATION, a Delaware corporation (the "General Partner"), and Wilmington Trust Company, a Delaware banking corporation, as the owner trustee (the "Owner Trustee").
Servicer Payment Obligation. 81 SCHEDULE A Schedule of Mortgage Loans SCHEDULE B Mortgage Loan Data Tables EXHIBIT A Form of Distribution Date Statement to Securityholders EXHIBIT B Form of Servicer's Certificate
Servicer Payment Obligation. The Servicer shall be responsible for payment of the Administrator's fees under the Administration Agreement and shall reimburse the Administrator for all expenses and liabilities of the Administrator incurred thereunder. The Servicer shall also be responsible for payment of the fees of the Indenture Trustee under the Indenture and the fees of the Owner Trustee under the Trust Agreement.
