Action Upon Instruction 17 Sample Clauses

Action Upon Instruction 17. Section 6.04. No Duties Except as Specified in this Agreement or in Instructions 18 Section 6.05. No Action Except Under Specified Documents or Instructions 18 Section 6.06. Restrictions 19
Action Upon Instruction 17. Section 6.04. No Duties Except as Specified in this Agreement or in Instructions 18 Section 6.05. No Action Except Under Specified Documents or Instructions 19 Section 6.06. Restrictions 19 Section 6.07. Issuance of Notes 19 ARTICLE SEVEN CONCERNING THE OWNER TRUSTEE Section 7.01. Acceptance of Trusts and Duties 20 Section 7.02. Furnishing of Documents 23 Section 7.03. Representations and Warranties 23 Section 7.04. Reliance; Advice of Counsel 24 Section 7.05. Not Acting in Individual Capacity 25 Section 7.06. Owner Trustee Not Liable for 2019-A Basic Documents or Certificates 25 Section 7.07. Owner Trustee May Own Certificates and Notes 25 Section 7.08. Applicable Anti-Money Laundering Law 26 ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE
Action Upon Instruction 17. Section 6.04. No Duties Except as Specified in this Agreement or in Instructions 18 Section 6.05. No Action Except Under Specified Documents or Instructions 18 Section 6.06. Restrictions 18 Section 6.07. Issuance of Notes 19 ARTICLE SEVEN CONCERNING THE OWNER TRUSTEE Section 7.01. Acceptance of Trusts and Duties 20 Section 7.02. Furnishing of Documents 21 Section 7.03. Representations and Warranties 21 Section 7.04. Reliance; Advice of Counsel 22 Section 7.05. Not Acting in Individual Capacity 23 Section 7.06. Owner Trustee Not Liable for 2015-B Basic Documents or Certificates 23 Section 7.07. Owner Trustee May Own Certificates and Notes 23 ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE Section 8.01. Owner Trustee’s Fees and Expenses 25 Section 8.02. Indemnification 25 Section 8.03. Payments to Owner Trustee 25 ARTICLE NINE TERMINATION OF TRUST AGREEMENT Section 9.01. Termination of Trust Agreement 26 ARTICLE TEN SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES Section 10.01. Eligibility Requirements for Owner Trustee 28 Section 10.02. Resignation or Removal of Owner Trustee 28 Section 10.03. Successor Owner Trustee 29 Section 10.04. Merger or Consolidation of Owner Trustee 29 Section 10.05. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE ELEVEN REGULATION AB

Related to Action Upon Instruction 17

  • Action upon Instruction (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

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