Common use of Action Upon Instructions Clause in Contracts

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections 6.01(b) and 6.01(c), and Article VII, the Beneficiary will direct the Owner Trustee in the management of the Trust and the Trust Estate. Such direction will be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. Notwithstanding any other provision of this Agreement, but subject to Section 2.03, the Owner Trustee will not take any action including but not limited to the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby), unless it receives written instructions from the Beneficiary.

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections 6.01(bSection 5.01(b) and 6.01(c5.01(c), and Article VIIXII, the Beneficiary will direct the Owner Trustee in the management of the Trust and the Trust Estate. Such direction will shall be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. V. Notwithstanding any other provision of this Agreement, but subject to Section 2.03, the Owner Trustee will shall not take any action including but not limited to the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby)instruments, unless it receives written instructions from the Beneficiary.

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections 6.01(bSection 5.01(b) and 6.01(c), and Article VII, 5.01(c) the Beneficiary will direct the Owner Trustee in the management of the Note Issuance Trust and the Trust Estate. Such direction will shall be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. V. Notwithstanding any other provision of this Agreement, but subject to Section 2.03, the Owner Trustee will shall not take any action including but not limited to the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby), unless it receives written instructions from the Beneficiary.

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections 6.01(bSection 5.01(b) and 6.01(c5.01(c), and Article VIIXII, the Beneficiary will direct the Owner Trustee in the management of the Trust and the Trust Estate. Such direction will shall be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. V. Notwithstanding any other provision of this Agreement, but subject to Section 2.03, the Owner Trustee will shall not take any action including but not limited to the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby), unless it receives written instructions from the Beneficiary.

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections Section 5.01, Section 6.01(b) and Section 6.01(c), and Article VII, the Beneficiary will shall direct the Owner Trustee in the management of the Trust and the Trust Estate. Such direction will shall be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. Notwithstanding any other provision of this Agreement, but subject to Section 2.032.03 and Section 5.01, the Owner Trustee will shall not take any action including but not limited to the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby), unless it receives written instructions from the Beneficiary.

Action Upon Instructions. (a) It is the intention of the Beneficiary that the powers powers, authority and duties of the Owner Trustee are to be purely ministerial only. Accordingly, subject to subsections 6.01(b5.01(b) and 6.01(c5.01(c), and Article VIIXIII, the Beneficiary will direct the Owner Trustee in the management of the Trust and the Trust Estate. Such direction will shall be exercised at any time only by written instruction of the Beneficiary delivered to the Owner Trustee pursuant to this Article VI. V. Notwithstanding any other provision of this Agreement, but subject to Section 2.03, the Owner Trustee will shall not take any action including action, including, but not limited to to, the execution of any documents, certificates or other instruments (other than the Transaction Documents and any documents, certificates or other instruments attached thereto or contemplated thereby)instruments, unless it receives written instructions from the Beneficiary.