Common use of Situs of Issuer Clause in Contracts

Situs of Issuer. The Issuer 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 States of Delaware, California, Nevada, North Carolina or New York. The Issuer shall not have any employees in any State 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, and payments will be made by the Issuer only from, the States of Delaware, California, North Carolina, Nevada or New York. The only office of the Issuer will be at the Corporate Trust Office.

Appears in 5 contracts

Samples: Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1), Trust Agreement (Wachovia Auto Owner Trust 2008-A), Trust Agreement (WDS Receivables LLC)

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Situs of Issuer. The Issuer 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 States states of Delaware, California, Nevada, North Carolina California or New York. The Issuer shall not have any employees in any State state 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, and payments will be made by the Issuer only from, the States states of Delaware, California, North Carolina, Nevada California or New York. The only office of the Issuer will be at the Corporate Trust Office.

Appears in 1 contract

Samples: Trust Agreement (Pooled Auto Securities Shelf LLC)

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Situs of Issuer. The Issuer will be located in the State of Delaware 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 States State of Delaware, California, Nevada, North Carolina California or New York. The Issuer shall not have any employees in any State state 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, and payments will be made by the Issuer only from, the States of Delaware, California, North Carolina, Nevada California or New York. The only principal office of the Issuer will be at the Corporate Trust OfficeOffice in [_____________].

Appears in 1 contract

Samples: Trust Agreement (American Honda Receivables Corp)

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