Common use of Initial Capital Contribution of Owner Trust Estate Clause in Contracts

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5, 2018, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5, 2018, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2018-1), Trust Agreement (Ally Auto Receivables Trust 2018-1)

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Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 10, 20182016, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 10, 20182016, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2016-2), Trust Agreement (Capital Auto Receivables Asset Trust 2016-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 18, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 18, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2013-3), Trust Agreement (Capital Auto Receivables Asset Trust 2013-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5August 28, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5August 28, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2015-2), Trust Agreement (Ally Auto Receivables Trust 2015-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January March 5, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January March 5, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2015-1), Trust Agreement (Ally Auto Receivables Trust 2015-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January December 5, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January December 5, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2014-1), Trust Agreement (Capital Auto Receivables Asset Trust 2014-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 1, 20182019, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 1, 20182019, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2019-2), Trust Agreement (Ally Auto Receivables Trust 2019-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 526, 20182012, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 526, 20182012, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-2), Trust Agreement (Ally Auto Receivables Trust 2012-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January March 5, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January March 5, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2014-2), Trust Agreement (Capital Auto Receivables Asset Trust 2014-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5September 14, 20182012, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5September 14, 20182012, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-5), Trust Agreement (Ally Auto Receivables Trust 2012-5)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 17, 2018, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 17, 2018, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2019-1), Trust Agreement (Ally Auto Receivables Trust 2019-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5February 25, 20182011, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5February 25, 20182011, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-2), Trust Agreement (Ally Auto Receivables Trust 2011-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 22, 20182010, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 22, 20182010, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-5), Trust Agreement (Ally Auto Receivables Trust 2010-5)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 23, 20182010, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 23, 20182010, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-4), Trust Agreement (Ally Auto Receivables Trust 2010-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 1, 20182017, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 1, 20182017, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2017-5), Trust Agreement (Ally Auto Receivables Trust 2017-5)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 58, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 58, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2013-1), Trust Agreement (Ally Auto Receivables Trust 2013-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5March 6, 20182017, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5March 6, 20182017, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2017-2), Trust Agreement (Ally Auto Receivables Trust 2017-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5March 29, 20182012, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5March 29, 20182012, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-3), Trust Agreement (Ally Auto Receivables Trust 2012-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5August 13, 20182019, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5August 13, 20182019, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2019-3), Trust Agreement (Ally Auto Receivables Trust 2019-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 17, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 17, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Agreement (Capital Auto Receivables Asset Trust 2015-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5September 7, 20182022, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5September 7, 20182022, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2022-2), Trust Agreement (Ally Auto Receivables Trust 2022-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 29, 20182016, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 29, 20182016, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2016-3), Trust Agreement (Ally Auto Receivables Trust 2016-3)

Initial Capital Contribution of Owner Trust Estate. The As of March 26, 2002, the Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5, 2018, Trustee the sum of one dollar$1. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5, 2018such date, of the foregoing contribution contribution, which constituted shall constitute the initial Owner Trust EstateEstate and shall be deposited in the Certificate Distribution Account. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Receivables Trust)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 14, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 14, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Receivables Trust 2014-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 7, 20182022, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 7, 20182022, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2022-3), Trust Agreement (Ally Auto Receivables Trust 2022-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 56, 20182011, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 56, 20182011, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-1), Trust Agreement (Ally Auto Receivables Trust 2011-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 24, 20182017, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 24, 20182017, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2017-4), Trust Agreement (Ally Auto Receivables Trust 2017-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5September 24, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5September 24, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Agreement (Capital Auto Receivables Asset Trust 2015-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 28, 20182010, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 28, 20182010, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-3), Trust Agreement (Ally Auto Receivables Trust 2010-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5March 25, 20182022, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5March 25, 20182022, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2022-1), Trust Agreement (Ally Auto Receivables Trust 2022-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5October 4, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5October 4, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Receivables Trust 2013-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 7, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 7, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables LLC), Trust Agreement (Capital Auto Receivables LLC)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 28, 20182011, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 28, 20182011, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-3), Trust Agreement (Ally Auto Receivables Trust 2011-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5October 28, 20182013, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5October 28, 20182013, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2013-4), Trust Agreement (Capital Auto Receivables Asset Trust 2013-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5December 27, 20182023, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5December 27, 20182023, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2024-1), Trust Agreement (Ally Auto Receivables Trust 2024-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 17, 20182016, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 17, 20182016, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2017-1), Trust Agreement (Ally Auto Receivables Trust 2017-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5September 9, 20182011, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5September 9, 20182011, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-5), Trust Agreement (Ally Auto Receivables Trust 2011-5)

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Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5May 15, 2018, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5May 15, 2018, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2018-3), Trust Agreement (Ally Auto Receivables Trust 2018-3)

Initial Capital Contribution of Owner Trust Estate. The As of August 5, 2002, the Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5, 2018, Trustee the sum of one dollar$1. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5, 2018such date, of the foregoing contribution contribution, which constituted shall constitute the initial Owner Trust EstateEstate and shall be deposited in the Certificate Distribution Account. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Mmca Auto Receivables Trust Ii), Trust Agreement (Mmca Auto Receivables Trust Ii)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 15, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 15, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2014-1), Trust Agreement (Ally Auto Receivables Trust 2014-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5October 23, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5October 23, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2016-1), Trust Agreement (Ally Auto Receivables Trust 2016-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 7, 20182023, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 7, 20182023, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2023-1), Trust Agreement (Ally Auto Receivables Trust 2023-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 24, 20182015, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 24, 20182015, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-2), Trust Agreement (Capital Auto Receivables Asset Trust 2015-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5August 2, 20182016, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5August 2, 20182016, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2016-3), Trust Agreement (Capital Auto Receivables Asset Trust 2016-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5February 1, 2018, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5February 1, 2018, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2018-2), Trust Agreement (Ally Auto Receivables Trust 2018-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 19, 20182012, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 19, 20182012, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2012-4), Trust Agreement (Ally Auto Receivables Trust 2012-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5December 11, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5December 11, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-1), Trust Agreement (Capital Auto Receivables Asset Trust 2015-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5July 10, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5July 10, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2014-3), Trust Agreement (Capital Auto Receivables Asset Trust 2014-3)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5June 17, 20182011, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5June 17, 20182011, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2011-4), Trust Agreement (Ally Auto Receivables Trust 2011-4)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5August 28, 20182014, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5August 28, 20182014, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ally Auto Receivables Trust 2014-2), Trust Agreement (Ally Auto Receivables Trust 2014-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5August 10, 20182007, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5August 10, 20182007, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-2)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 16, 20182008, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 16, 20182008, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Initial Capital Contribution of Owner Trust Estate. The As of July 9, 1998, the Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5, 2018, Trustee the sum of one dollar$1. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5, 2018such date, of the foregoing contribution contribution, which constituted shall constitute the initial Owner Trust EstateEstate and shall be deposited in the Certificate Distribution Account. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mmca Auto Receivables Inc)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 21, 20182006, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 21, 20182006, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5February 1, 20182010, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5February 1, 20182010, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Ally Auto Receivables Trust 2010-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5November 2, 20182007, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5November 2, 20182007, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables LLC)

Initial Capital Contribution of Owner Trust Estate. The As of June 8, 2005, the Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5, 2018, Trustee the sum of one dollar$1.00. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5, 2018the date hereof, of the foregoing contribution contribution, which constituted shall constitute the initial Owner Trust EstateEstate and shall be deposited in the Certificate Distribution Account. The Depositor shall pay the organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (WFS Financial 2005-3 Owner Trust)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5April 10, 20182007, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5April 10, 20182007, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 518, 20182008, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 518, 20182008, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2008-1)

Initial Capital Contribution of Owner Trust Estate. The Depositor sold, assigned, transferred, conveyed and set over to the Owner Trustee, as of January 5September 18, 20182007, the sum of one dollar. The Owner Trustee hereby acknowledges receipt in trust from the Depositor, as of January 5September 18, 20182007, of the foregoing contribution which constituted the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2007-3)

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