Common use of Banking Activities Clause in Contracts

Banking Activities. Without limiting the generality of Section 2.3, the Initial Beneficiary or the Titling Trust Administrator is authorized to act on behalf of the Titling Trust and in its name:

Appears in 3 contracts

Samples: Titling Trust Agreement (Mercedes-Benz Vehicle Trust), Titling Trust Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Trust Agreement (Daimler Trust)

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Banking Activities. Without limiting the generality of Section 2.3, each of the Initial Beneficiary or and the Titling Trust Administrator is authorized to act on behalf of the Titling Trust and in its name, through any of its Authorized Officers:

Appears in 3 contracts

Samples: Titling Trust Agreement (World Omni LT), Titling Trust Agreement (World Omni LT), Titling Trust Agreement (World Omni LT)

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