Common use of Termination of Trust Clause in Contracts

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 and 12.02(b), upon the earlier of (i) September 1, 2030, (ii) the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c).

Appears in 8 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust)

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Termination of Trust. The Trust and the respective obligations and responsibilities of the TransferorTransferors, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, Section 8.04 and subsection 12.02(b), upon the earlier of (i) September May 1, 2030, 2040 and (ii) at the option of the Transferors, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)zero.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Termination of Trust. The Trust and the respective obligations and responsibilities of the TransferorTransferors, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, Section 8.04 and subsection 12.02(b), upon the earlier of (i) September May 1, 2030, (ii) at the option of the Transferors, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)9.01.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders Securityholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 Section 8.4 and 12.02(bsubsection 12.2(b), upon the earlier of (i) September 1December 31, 20302059, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c).9.1. Section 12.2

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp), Pooling and Servicing Agreement (Partners First Credit Card Master Trust)

Termination of Trust. The Trust and the respective obligations and responsibilities of the TransferorDepositor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 and 12.02(b), upon the earlier of (i) September 1, 2030[ ], (ii) the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c9.02(b).

Appears in 2 contracts

Samples: Servicing Agreement (Ace Securities Corp), Asset Backed Securities Corp

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, Section 8.04 and subsection 12.02(b), upon the earlier of (i) September 1, 20302016, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)9.01.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (At&t Universal Funding Corp)

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.043.02(b), 8.04 7.03, 8.04, 11.05 and 12.02(b), upon the earlier to occur of (i) September 1December 31, 2030, 2014 and (ii) the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)zero.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wheeling Pittsburgh Corp /De/)

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 Section 8.4 and 12.02(bsubsection 12.2(b), upon the earlier of (i) September 1December 31, 20302029, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c).9.1. Section 12.2

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp)

Termination of Trust. The Trust and the respective -------------------- obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders Securityholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 Section 8.4 and 12.02(bsubsection 12.2(b), upon the earlier of (i) September 1December 31, 20302059, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)9.1.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First National Bank of Atlanta)

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Termination of Trust. The Trust and the respective obligations and responsibilities of the TransferorSeller, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 and 12.02(b), upon the earlier of (i) September 1April 30, 20302014, (ii) at the option of the Seller, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c9.02(b).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Affinity Funding Corp)

Termination of Trust. The Trust and the respective -------------------- obligations and responsibilities of the TransferorSellers, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 and 12.02(b), upon the earlier of (i) September 1, 20302014, (ii) the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One FSB)

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 Section 8.4 and 12.02(bsubsection 12.2(b), upon the earlier of (i) September August 1, 20302018, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c)9.1.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Card Receivables Funding Corp)

Termination of Trust. The Trust and the respective obligations and responsibilities of the Transferor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 Section 8.4 and 12.02(bsubsection 12.2(b), upon the earlier of (i) September 1December 31, 20302059, (ii) at the option of the Transferor, the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c).9.1. Section 12.2

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp)

Termination of Trust. The Trust and the respective -------------------- obligations and responsibilities of the TransferorDepositor, the Servicer and the Trustee created hereby (other than the obligation of the Trustee to make payments to Investor Certificateholders as hereinafter set forth) shall terminate, except with respect to the duties described in Sections 7.04, 8.04 and 12.02(b), upon the earlier of (i) September 1, 2030[ ], (ii) the day following the Distribution Date on which the Invested Amount and Enhancement Invested Amount for each Series is zero and (iii) the time provided in Section 9.02(c9.02(b).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp)

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