Owner Trustee definition

Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

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Owner Trustee means the Person acting as Owner Trustee under the Trust Agreement, its successors in interest and any successor owner trustee under the Trust Agreement.

Owner Trustee means U.S. Bank Trust National Association, a national banking association, not in its individual capacity but solely as Owner Trustee under the Trust Agreement.

Examples of Owner Trustee in a sentence

In the event the Seller fails to provide such indemnity payments due pursuant to this Section to the Owner Trustee, Indenture Trustee or Backup Servicer, the Owner Trustee, Indenture Trustee and Backup Servicer shall collect such indemnity amounts pursuant to Section 7.2 of the Trust Agreement (with respect to the Owner Trustee), Section 5.7(b) of the Sale and Servicing Agreement or Section 5.6 of the Indenture.
In addition, the Administrator agrees that all action taken by the Owner Trustee in connection with this direction is covered by the fee and indemnification provisions set forth in the Trust Agreement and Grantor Trust Agreement.
The Administrator hereby directs (i) the Owner Trustee pursuant to Section 6.2 of the Trust Agreement and (ii) the Grantor Trust Trustee pursuant to Section 6.2 of the Grantor Trust Agreement to execute this Supplement.
The Administrator hereby certifies that it has the power and authority under the Trust Agreement and Grantor Trust Agreement to direct the Owner Trustee and Grantor Trust Trustee with respect to the foregoing actions and that the above referenced actions are duly authorized pursuant to the and in accordance with the Trust Agreement and Grantor Trust Agreement and are not inconsistent with or in violation of the terms of the documents to which the Issuing Entity or Grantor Trust is a party.
Neither the Owner Trustee nor Certificate Paying Agent shall be liable for the dissemination of information in accordance with this Agreement or the other Basic Documents.

More Definitions of Owner Trustee

Owner Trustee means Wilmington Trust, National Association, not in its individual capacity but solely as owner trustee of the Issuer.

Owner Trustee means ▇▇▇▇▇ Fargo Delaware Trust Company, National Association, a national banking association, not in its individual capacity but solely as Owner Trustee under this Agreement, and any successor Owner Trustee hereunder.

Owner Trustee means The Bank of New York, a New York banking corporation, not in its individual capacity but solely as Owner Trustee under the Trust Agreement, and any successor Owner Trustee under the Trust Agreement.

Owner Trustee means [______________], a [________________], not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

Owner Trustee. BNY Mellon Trust of Delaware, a Delaware banking corporation, not in its individual capacity but solely as trustee, or any successor trustee under the Trust Agreement.

Owner Trustee means The Bank of New York Mellon, as owner trustee under the Trust Agreement, its successors in interest and any successor owner trustee under the Trust Agreement.

Owner Trustee means Deutsche Bank Trust Company Delaware, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.