Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 702 contracts
Sources: Administration Agreement (Mercedes-Benz Auto Receivables Trust 2026-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2026-1), Administration Agreement (World Omni Auto Receivables Trust 2026-B)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to of this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 132 contracts
Sources: Administration Agreement (CarMax Auto Owner Trust 2026-2), Administration Agreement (CarMax Auto Owner Trust 2026-2), Administration Agreement (CarMax Auto Owner Trust 2026-1)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to of this Agreement and is entitled to the rights and benefits given to the Owner Trustee hereunder and may enforce the provisions hereof applicable to the Owner Trustee as if it the Owner Trustee were a party hereto.
Appears in 116 contracts
Sources: Administration Agreement (Toyota Auto Receivables 2026-B Owner Trust), Administration Agreement (Toyota Auto Receivables 2026-B Owner Trust), Administration Agreement (Toyota Auto Receivables 2026-a Owner Trust)
Third Party Beneficiary. The Each of the Owner Trustee and the Indenture Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 76 contracts
Sources: Administration Agreement (GM Financial Automobile Leasing Trust 2026-2), Administration Agreement (GM Financial Automobile Leasing Trust 2026-2), Administration Agreement (GM Financial Automobile Leasing Trust 2026-1)
Third Party Beneficiary. The Owner Trustee is a third-party third‑party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 33 contracts
Sources: Administration Agreement (Mercedes-Benz Retail Receivables LLC), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2025-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2025-1)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * * * *
Appears in 30 contracts
Sources: Administration Agreement (DaimlerChrysler Auto Trust 2006-D), Administration Agreement (DaimlerChrysler Auto Trust 2006-B), Administration Agreement (DaimlerChrysler Auto Trust 2006-C)
Third Party Beneficiary. The Each of the Owner Trustee and the Indenture Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto. The Administrator agrees to compensate and indemnify the Indenture Trustee pursuant to Section 6.7 of the Indenture.
Appears in 28 contracts
Sources: Deposit and Administration Agreement (Target Credit Card Owner Trust 2005-1), Deposit and Administration Agreement (Chase Manhattan Bank Usa Chase Credit Card Owner Tr 2000-1), Deposit and Administration Agreement (Chase Credit Card Owner Trust 2001-1)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 23 contracts
Sources: Administration Agreement (CNH Capital Receivables Inc), Administration Agreement (CNH Equipment Trust 2005-A), Administration Agreement (CNH Capital Receivables Inc)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * *
Appears in 21 contracts
Sources: Administration Agreement (Capital Auto Receivables Inc), Administration Agreement (Capital Auto Receivables Inc), Administration Agreement (Capital Auto Receivables Inc)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were was a party hereto.
Appears in 11 contracts
Sources: Administration Agreement (Merrill Auto Trust Securitization 2008-1), Administration Agreement (Usaa Federal Savings Bank), Administration Agreement (Usaa Federal Savings Bank Usaa Auto Owner Trust 2001-1)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto..
Appears in 9 contracts
Sources: Administration Agreement (John Deere Owner Trust 2026), Administration Agreement (John Deere Owner Trust 2026), Administration Agreement (John Deere Owner Trust 2025-B)
Third Party Beneficiary. The parties hereto agree that the Owner Trustee is a third-third party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party heretoAgreement.
Appears in 8 contracts
Sources: Sale and Servicing Agreement (Saco I Trust 2005-Gp1), Sale and Servicing Agreement (Saco I Trust 2005-Gp1), Sale and Servicing Agreement (SACO I Trust 2006-8)
Third Party Beneficiary. The Owner Trustee is a and the Indenture Trustee are third-party beneficiary beneficiaries to this Agreement and is are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it they were a party parties hereto.
Appears in 7 contracts
Sources: Administration Agreement (Bank One Auto Securitization LLC), Administration Agreement (Amsouth Auto Receivables LLC), Administration Agreement (Capital One Auto Receivables LLC)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto..
Appears in 7 contracts
Sources: Administration Agreement (John Deere Owner Trust 2024-B), Administration Agreement (John Deere Owner Trust 2024), Administration Agreement (John Deere Owner Trust 2024)
Third Party Beneficiary. The Owner Trustee is a shall be an express third-party beneficiary to of this Agreement Indenture and is shall be entitled to the rights and benefits hereunder and may enforce the provisions hereof to the same extent as if it were the Owner Trustee was a party hereto.
Appears in 7 contracts
Sources: Indenture (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Indenture (Origen Residential Securities, Inc.), Indenture (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200)
Third Party Beneficiary. The Each of the Owner Trustee and the Credit Enhancer is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder under this Agreement and may enforce the provisions hereof of this Agreement as if it were a party heretoto this Agreement.
Appears in 6 contracts
Sources: Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-H)
Third Party Beneficiary. The Owner Trustee is shall be a third-third party beneficiary to of this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party heretoAgreement.
Appears in 6 contracts
Sources: Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (NCT Funding Co LLC)
Third Party Beneficiary. The Owner Trustee is a and the Insurer are third-party beneficiary beneficiaries to this Agreement and is are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it they were a party parties hereto.
Appears in 5 contracts
Sources: Administration Agreement (Onyx Acceptance Owner Trust 2005-A), Administration Agreement (Onyx Acceptance Owner Trust 2005-B), Administration Agreement (Auto Nations Receivables Corp)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 5 contracts
Sources: Administration Agreement (First National Funding LLC), Administration Agreement (First National Funding LLC), Administration Agreement (First National Master Note Trust)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * * * * * * * * * * * * * * * * * * *
Appears in 4 contracts
Sources: Administration Agreement (Nal Financial Group Inc), Administration Agreement (Nal Financial Group Inc), Administration Agreement (Nal Financial Group Inc)
Third Party Beneficiary. The Owner Trustee is a third-third party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 4 contracts
Sources: Administration Agreement (Fleetwood Credit Receivables Corp), Administration Agreement (WFS Financial 2005-3 Owner Trust), Administration Agreement (Dc Funding International Inc)
Third Party Beneficiary. The [Each of the][The] Owner Trustee [and the Underlying Trustee] is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto. [The [Swap][Cap] Counterparty shall be a third-party beneficiary to the provisions of this Agreement to the extent of any rights specified in this Agreement and may enforce the provisions hereof to such extent as if it were a party hereto.]
Appears in 4 contracts
Sources: Administration Agreement (Harley-Davidson Customer Funding Corp.), Administration Agreement (Harley-Davidson Customer Funding Corp.), Administration Agreement (Harley-Davidson Customer Funding Corp.)
Third Party Beneficiary. The Owner Trustee is a third-third party ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 3 contracts
Sources: Administration Agreement (Spiegel Master Trust), Administration Agreement (First Consumers Master Trust), Administration Agreement (First Consumers Master Trust)
Third Party Beneficiary. (a) The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
(b) Solely with respect to any amounts owing to the Indenture Trustee pursuant to Section 6.07 of the Indenture, the Indenture Trustee is a third- party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 3 contracts
Sources: Underwriting Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Ford Credit Auto Receivables LLC), Administration Agreement (Household Credit Card Master Note Trust I)
Third Party Beneficiary. The Owner Trustee is a third-third party beneficiary to of this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (Nissan Auto Receivables 2026-a Owner Trust), Administration Agreement (Nissan Auto Receivables 2026-a Owner Trust)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto. The Swap Counterparty shall be a third-party beneficiary to the provisions of this Agreement to the extent of any rights specified in this Agreement and may enforce the provisions hereof to such extent as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (Harley Davidson Customer Funding Corp), Administration Agreement (Harley-Davidson Motorcycle Trust 2008-1)
Third Party Beneficiary. The Owner Trustee is Trustee, in its individual capacity, and the Insurer are each a third-party beneficiary to of this Agreement and each is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (First Investors Financial Services Group Inc), Administration Agreement (First Investors Financial Services Group Inc)
Third Party Beneficiary. The Each of the Owner Trustee and the Underlying Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (Harley-Davidson Motorcycle Trust 2016-A), Administration Agreement (Harley-Davidson Motorcycle Trust 2016-A)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. Trust Administration Agreement
Appears in 2 contracts
Sources: Trust Administration Agreement (Nissan Auto Leasing LLC Ii), Trust Administration Agreement (Nissan Auto Lease Trust 2004-A)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it they were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (Honda Auto Receivables 2002-3 Owner Trust), Administration Agreement (Honda Auto Receivables 2002-2 Owner Trust)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Management Agreement (Provident Lease Receivables Corp), Management Agreement (Provident Lease Receivables Corp)
Third Party Beneficiary. (a) The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
(b) Solely with respect to any amounts owing to the Indenture Trustee pursuant to Section 6.07 of the Indenture, the Indenture Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (Advanta Business Recievables Corp), Administration Agreement (Advanta Business Recievables Corp)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto. [The Swap Counterparty shall be a third-party beneficiary to the provisions of this Agreement to the extent of any rights specified in this Agreement and may enforce the provisions hereof to such extent as if it were a party hereto.]
Appears in 2 contracts
Sources: Administration Agreement (Harley-Davidson Customer Funding Corp.), Administration Agreement (Harley Davidson Customer Funding Corp)
Third Party Beneficiary. The Owner Trustee is a third-third party beneficiary to of this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. [The remainder of this page intentionally left blank]
Appears in 2 contracts
Sources: Administration Agreement (Nissan Auto Receivables 2025-B Owner Trust), Administration Agreement (Nissan Auto Receivables 2025-B Owner Trust)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder under this Agreement and may enforce the provisions hereof of this Agreement as if it were a party heretoto this Agreement.
Appears in 2 contracts
Sources: Administration Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Administration Agreement (CWHEQ, Inc.)
Third Party Beneficiary. The Owner Trustee is a third-third party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 2 contracts
Sources: Administration Agreement (World Financial Network Credit Card Master Trust), Administration Agreement (World Financial Network Credit Card Master Trust)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. *****
Appears in 1 contract
Sources: Administration Agreement (SWIFT Master Auto Receivables Trust)
Third Party Beneficiary. ‘The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Third Party Beneficiary. The Owner Trustee is a third-third party beneficiary ----------------------- to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (First Consumers Master Trust)
Third Party Beneficiary. The Owner Trustee is a third-shall be an express third party beneficiary to of this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party heretoAgreement.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Morgan Stanley Abs Capital I Inc)
Third Party Beneficiary. The Owner Trustee is a third-party ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Third Party Beneficiary. The Owner Trustee, Bankers Trust (Delaware) and the Indenture Trustee is a are third-party beneficiary beneficiaries to this Agreement and is are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it they were a party parties hereto.
Appears in 1 contract
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * * admin-v5.fin
Appears in 1 contract
Sources: Administration Agreement (Wholesale Auto Receivables Corp)
Third Party Beneficiary. The Owner Trustee is a third-party ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * * * *
Appears in 1 contract
Sources: Administration Agreement (Morgan Stanley Abs Capital Ii Inc)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (A I Receivables Transfer Corp)
Third Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Administration Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (GMF Floorplan Owner Revolving Trust)
Third Party Beneficiary. The Owner Trustee is a third-third- party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (Deere John Receivables Inc)
Third Party Beneficiary. The Owner Trustee is a third-an express third party beneficiary to this Agreement and is entitled to invoke the rights and benefits hereunder and may enforce the provisions hereof as if provided to it were a party heretoin Section 5.03 hereof.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-2)
Third Party Beneficiary. The Owner Trustee is a and the ----------------------- Insurer are third-party beneficiary beneficiaries to this Agreement and is are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it they were a party parties hereto.
Appears in 1 contract
Sources: Administration Agreement (Auto Nations Receivables Corp)
Third Party Beneficiary. The Owner Trustee is a third-party ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.. * * * * *
Appears in 1 contract
Sources: Administration Agreement (Volkswagen Dealer Finance LLC)
Third Party Beneficiary. The Each of the Master Owner Trust Trustee and the Indenture Trustee is a third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (Navistar Financial Dealer Note Master Trust)
Third Party Beneficiary. The Owner Trustee is a third-party ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were was a party hereto.
Appears in 1 contract
Sources: Administration Agreement (Bear Stearns Asset Backed Funding Ii Inc)
Third Party Beneficiary. The Owner Trustee is a third-an express third party beneficiary to this Agreement and is entitled to invokes the rights and benefits hereunder and may enforce the provisions hereof as if provided to it were a party heretoin Section 5.03 hereof.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A9)
Third Party Beneficiary. The Owner Trustee is a third-party thirdparty ----------------------- beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Third Party Beneficiary. The Owner Trustee is a ------------------------ third-party beneficiary to this Agreement and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto.
Appears in 1 contract
Sources: Administration Agreement (Mitsui Vendor Leasing 1998-1 LLC)