Concerning the Owner Trustee. 17 Section 7.01 Acceptance of Trusts and Duties............................................................17 Section 7.02 Furnishing of Documents....................................................................19 Section 7.03
Concerning the Owner Trustee. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by BNY Mellon Trust of Delaware (“BNY Delaware”), not individually or personally but solely as Owner Trustee of the Issuing Entity and Grantor Trust Trustee of the Grantor Trust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuing Entity or Grantor Trust, as applicable, is made and intended not as personal representations, undertakings and agreements by BNY Delaware but is made and intended for the purpose of binding only the Issuing Entity or Grantor Trust, as applicable, (c) nothing herein contained shall be construed as creating any liability on BNY Delaware, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuing Entity or the Grantor Trust, respectively, as applicable, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) BNY Delaware has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuing Entity or Grantor Trust, as applicable, in this Agreement and (e) under no circumstances shall BNY Delaware be personally liable for the payment of any indebtedness or expenses of the Issuing Entity or Grantor Trust, as applicable, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuing Entity or Grantor Trust, as applicable, under this Agreement.
Concerning the Owner Trustee. Section 6.01.
Concerning the Owner Trustee. Section 7.01
Concerning the Owner Trustee. Section 7.01. Acceptance of Trusts and Duties............................................................18 Section 7.02. Furnishing of Documents....................................................................19 Section 7.03. Representations and Warranties of the Owner Trustee........................................20 Section 7.04. Reliance, Advice of Counsel................................................................20 Section 7.05. Not Acting in Individual Capacity..........................................................21 Section 7.06. Owner Trustee Not Liable for Trust Certificates or Receivables.............................21 Section 7.07. Owner Trustee May Own Trust Certificates and Notes.........................................22 ARTICLE EIGHT
Concerning the Owner Trustee. Section 6.01. Acceptance of Trusts and Duties. Section 6.02. Furnishing of Documents. Section 6.03. Books and Records.
Concerning the Owner Trustee. SECTION 7.01 Rights of the Owner Trustee 21 SECTION 7.02 Furnishing of Documents 22 SECTION 7.03 Representations and Warranties 22 SECTION 7.04 Reliance; Advice of Counsel 23 SECTION 7.05 Not Acting in Individual Capacity 23 SECTION 7.06 Owner Trustee Not Liable for Certificates or Receivables 24 SECTION 7.07 Owner Trustee May Own Certificates and Notes 24 SECTION 7.08 Sales Finance Licenses 24
Concerning the Owner Trustee. 21 Section 6.01.
Concerning the Owner Trustee. 17 Section 6.01. Acceptance of Trusts and Duties..................................17 Section 6.02. Furnishing of Documents..........................................18
Concerning the Owner Trustee. Section 7.01 Acceptance of Trusts and Duties 26 Section 7.02 Furnishing of Documents 27 Section 7.03 Representations and Warranties 27 Section 7.04 Reliance; Advice of Counsel 28 Section 7.05 Not Acting in Individual Capacity 29 Section 7.06 Owner Trustee Not Liable for Trust Certificates or for Receivables 29 Section 7.07 Owner Trustee May Own Trust Certificates and Notes 29 Section 7.08 Doing Business in Other Jurisdictions 29 Section 7.09 Paying Agent; Authenticating Agent 30
