Common use of Situs of Issuer Clause in Contracts

Situs of Issuer. The Issuer shall be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York and payments will be made by the Issuer only from Delaware or New York.

Appears in 27 contracts

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

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Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York York, and payments will be made by the Issuer only from Delaware or New York. The only office of the Issuer will be at its office in Delaware.

Appears in 26 contracts

Samples: Trust Agreement (Chase Auto Owner Trust 2006-A), Trust Agreement (JPMorgan Chase Bank, National Association), Trust Agreement (Chase Auto Owner Trust 2005-A)

Situs of Issuer. The Issuer shall will be located and administered in the State States of DelawareDelaware and Illinois. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall will be located in the State of Delaware or the State of New YorkDelaware. The Issuer shall will not have any employees in any state; providedstate other than the State of Delaware, howeverexcept that U.S. Bank Trust National Association, that nothing herein shall restrict or prohibit the in its capacity as Owner Trustee from having or any other capacity, may have employees within or without outside the State of Delaware. Payments will be received by the Issuer only in Delaware or New York the State of Delaware, and payments will be made by the Issuer only from Delaware or New Yorkthe State of Delaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 23 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Owner Trust 2015-B)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State states of Delaware or the State of New York. The Issuer shall not have any employees in any statestate other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York in, and payments will be made by the Issuer only from from, the states of Delaware or New York. The only offices of the Issuer will be at the Corporate Trust Office.

Appears in 16 contracts

Samples: Trust Agreement (Honda Auto Receivables 2014-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2014-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2013-2 Owner Trust)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall will be located in the State of Delaware or the State of New YorkDelaware. The Issuer shall will not have any employees in any state; providedstate other than the State of Delaware, howeverexcept that U.S. Bank Trust National Association, that nothing herein shall restrict or prohibit the in its capacity as Owner Trustee from having or any other capacity, may have employees within or without outside the State of Delaware. Payments will be received by the Issuer only in Delaware or New York Delaware, and payments will be made by the Issuer only from Delaware or New YorkDelaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 15 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2011-B), Trust Agreement (Ford Credit Auto Lease Trust 2011-B), Trust Agreement (Ford Credit Auto Lease Trust 2011-A)

Situs of Issuer. The Issuer shall be located in the State of Delaware and administered in the State of DelawareDelaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York and payments will be made by the Issuer only from Delaware or New York.

Appears in 12 contracts

Samples: Trust Agreement (Fifth Third Auto Trust 2019-1), Trust Agreement (Fifth Third Auto Trust 2019-1), Trust Agreement (Fifth Third Auto Trust 2017-1)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York York, and payments will be made by the Issuer only from Delaware or New York. The only office of Issuer will be at the Corporate Trust Office in Delaware.

Appears in 8 contracts

Samples: Trust Agreement (Key Consumer Acceptance Corp), Trust Agreement (Key Consumer Acceptance Corp), Trust Agreement (Key Consumer Acceptance Corp)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State states of Delaware or the State of New York. The Issuer shall not have any employees in any statestate other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York in, and payments will be made by the Issuer only from from, the states of Delaware or New York. The only office of the Issuer will be at the Corporate Trust Office.

Appears in 7 contracts

Samples: Trust Agreement (Honda Auto Receivables 2004-3 Owner Trust), Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp Honda Auto Rec 03 4 Owner Tr)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State States of Delaware Delaware, North Carolina or the State of New York. The Issuer shall not have any employees in any stateState other than the State of Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York in, and payments will be made by the Issuer only from Delaware from, the States of Delaware, North Carolina or New York. The only office of the Issuer will be at the Corporate Trust Office.

Appears in 6 contracts

Samples: Trust Agreement (Wachovia Auto Owner Trust 2005-A), Trust Agreement (Wachovia Auto Owner Trust 2004-B), Trust Agreement (Pooled Auto Securities Shelf LLC)

Situs of Issuer. The Issuer shall be located in the State of Delaware and administered in the State of DelawareDelaware [or the State of New York]. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware [or the State of New York]. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware [or New York York] and payments will be made by the Issuer only from Delaware [or New York.]

Appears in 6 contracts

Samples: Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC)

Situs of Issuer. The Issuer shall be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or the State of New York and payments will be made by the Issuer only from Delaware or the State of New York.

Appears in 4 contracts

Samples: Trust Agreement (Volkswagen Auto Lease Underwritten Funding LLC), Trust Agreement (Volkswagen Auto Lease Trust 2004-A), Trust Agreement (Volkswagen Public Auto Loan Securitization LLC)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall will be located in the State of Delaware or Delaware. The Issuer will not have any employ-ees in any state other than the State of New York. The Issuer shall not have any employees Delaware, except that U.S. Bank Trust National Association, in any state; provided, however, that nothing herein shall restrict or prohibit the its capacity as Owner Trustee from having or any other capacity, may have employees within or without outside the State of Delaware. Payments will be received by the Issuer only in Delaware or New York Delaware, and payments will be made by the Issuer only from Delaware or New YorkDelaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2006-B), Trust Agreement (Ford Credit Auto Owner Trust 2006-C)

Situs of Issuer. The Issuer shall be located in the State of Delaware and administered in the State of DelawareDelaware or the State of New York. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in the State of Delaware or the State of New York and payments will be made by the Issuer only from the State of Delaware or the State of New York.

Appears in 2 contracts

Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Situs of Issuer. The Issuer shall be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware New York or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Issuer only in Delaware or New York Delaware, and payments will shall be made by the Issuer only from Delaware or New York. The only office of Issuer shall be at the Corporate Trust Office of the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Trust Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)

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Situs of Issuer. The Issuer shall be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any statestate other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Issuer only in Delaware or New York and payments will shall be made by the Issuer only from Delaware or New York. The only office of the Issuer shall be at the Owner Corporate Trust Office.Section 2.10.

Appears in 2 contracts

Samples: Trust Agreement (BMW Vehicle Lease Trust 2018-1), Trust Agreement (BMW Vehicle Lease Trust 2018-1)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall will be located in the State of Delaware or the State of New YorkDelaware. The Issuer shall will not have any employees in any state; providedstate other than the State of Delaware, however, except that nothing herein shall restrict the Bank or prohibit the Owner Trustee from having may have employees within or without outside the State of Delaware. Payments will be received by the Issuer only in Delaware or New York Delaware, and payments will be made by the Issuer only from Delaware or New YorkDelaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

Situs of Issuer. The Issuer shall be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Florida, Delaware or the State of New York. The Issuer shall not have any employees in any statestate other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will shall be received by the Issuer only in Delaware Delaware, Florida or New York and payments will shall be made by the Issuer only from Delaware or New York.by

Appears in 1 contract

Samples: Trust Agreement (Ryder Funding Ii Lp)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New YorkDelaware. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit employees. Payments received by the Owner Trustee from having employees within or without on behalf of the Issuer will be received only in the State of Delaware. Payments will be received by the Issuer only in Delaware or New York and payments will be made by the Owner Trustee on behalf of the Issuer only from Delaware or New Yorkthe State of Delaware. The Issuer's only office is and will be at the office of the Owner Trustee as set forth herein.

Appears in 1 contract

Samples: Trust Agreement (Copelco Capital Funding Corp Xi)

Situs of Issuer. The Issuer shall be located in the State of Delaware and administered in the State of DelawareDelaware or the State of Texas. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York and payments will be made by the Issuer only from Delaware or New York.

Appears in 1 contract

Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2004-2)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State of Delaware or the State of New York. The Issuer shall not have any employees in any state; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York York, and TRUST AGREEMENT payments will be made by the Issuer only from Delaware or New York. The only office of Issuer will be at the Corporate Trust Office in Delaware.

Appears in 1 contract

Samples: Trust Agreement (Amsouth Auto Corp Inc)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall be located in the State states of Delaware or the State of New York. The Issuer shall not have any employees in any statestate other than Delaware; provided, however, that nothing herein shall restrict or prohibit the Owner Trustee from having employees within or without the State of Delaware. Payments will be received by the Issuer only in Delaware or New York in, and payments will be made by the Issuer only from from, the states of Delaware or New York.or

Appears in 1 contract

Samples: Trust Agreement (American Honda Receivables 2006-1 Owner Trust)

Situs of Issuer. The Issuer shall will be located and administered in the State of Delaware. All bank accounts maintained by the Owner Trustee on behalf of the Issuer shall will be located in the State of Delaware or the State of New YorkDelaware. The Issuer shall will not have any employees in any state; providedstate other than the State of Delaware, however, except that nothing herein shall restrict or prohibit the Owner Trustee from having may have employees within or without outside the State of Delaware. Payments will be received by the Issuer only in Delaware or New York Delaware, and payments will be made by the Issuer only from Delaware or New YorkDelaware. The principal office of the Issuer will be in care of the Owner Trustee in the State of Delaware.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2006-A)

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