No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 140 contracts
Samples: Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Trust Agreement (Santander Drive Auto Receivables Trust 2024-2), Trust Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders in, to and in its under their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 81 contracts
Samples: Trust Agreement (CNH Equipment Trust 2024-B), Trust Agreement (CNH Equipment Trust 2024-A), Trust Agreement (CNH Equipment Trust 2023-B)
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 52 contracts
Samples: Amended and Restated Trust Agreement (BMW Vehicle Owner Trust 2023-A), Trust Agreement (BMW Vehicle Owner Trust 2023-A), Amended and Restated Trust Agreement (BMW Vehicle Owner Trust 2022-A)
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V 5 and IX9. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 50 contracts
Samples: Trust Agreement (Hyundai Auto Receivables Trust 2024-A), Trust Agreement (Hyundai Auto Receivables Trust 2024-A), Trust Agreement (Hyundai Auto Receivables Trust 2023-B)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 35 contracts
Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title title, or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 28 contracts
Samples: Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (Collegiate Funding Services Education Loan Trust 2005-A), Trust Agreement (Collegiate Funding Services Education Loan Trust 2003-A)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders No Certificateholder shall not have legal title to any part of the Trust Estate. A Each Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest beneficial interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 23 contracts
Samples: Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Acceptance LLC)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders Neither the Depositor nor any Certificateholder shall not have legal title to any part of the Trust Estate. A Each Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 22 contracts
Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2023-1)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders Neither the Depositor nor any Certificateholder shall not have legal title to any part of the Trust Estate. A Each Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest beneficial interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 15 contracts
Samples: Trust Agreement (Fifth Third Auto Trust 2023-1), Trust Agreement (Fifth Third Auto Trust 2023-1), Trust Agreement (Fifth Third Holdings Funding, LLC)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IXIX hereof. No transfer, by operation of law or otherwise, of any right, title title, or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to terminate this Trust Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 10 contracts
Samples: Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Higher Education Funding I), Trust Agreement (Goal Capital Funding, LLC)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to dissolve the Trust or terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 9 contracts
Samples: Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Horizon Technology Finance Corp), Trust Agreement (Hercules Capital, Inc.)
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their undivided ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 7 contracts
Samples: Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1), Trust Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1), Trust Agreement (Regions Auto Receivables Trust 2003-1)
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their undivided ownership interest in the Owner Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Owner Trust Estate.
Appears in 4 contracts
Samples: Trust Agreement (Merrill Auto Trust Securitization 2008-1), Trust Agreement (Merrill Auto Trust Securitization 2005-1), Trust Agreement (Ml Asset Backed Corp)
No Legal Title to Trust Estate in Certificateholders. The ---------------------------------------------------- Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title title, or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IXSection 3.3(a) hereof. No transfer, by operation of law or otherwise, of any right, title title, or interest of a any Certificateholder to and in its beneficial ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (Chase Education Loan Trust 2007-A)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder Certificateholders in, to and in its under their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Provident Lease Receivables Corp), Trust Agreement (Provident Lease Receivables Corp)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its undivided Percentage Interest therein ownership interest only in accordance with Articles V Section 3.6 and Article IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Trans Leasing International Inc), Authority And (Tl Lease Funding Corp Iv)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Trust Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Ml Asset Backed Corp), Trust Agreement (Lehman Abs Corp)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or ----------------- otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to dissolve the Trust or terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (MCG Capital Corp)
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to to--- ------------------------------------------------- any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The Certificateholders Neither the Depositor nor any Certificateholder shall not have legal title to any part of the Trust Estate. A Each Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.Estate.β
Appears in 1 contract
Samples: Trust Agreement
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.of
Appears in 1 contract
Samples: Trust Agreement (SLM Funding Corp)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles ARTICLES V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders in, to and in its under their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The Neither the Depositor nor the Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The ---------------------------------------------------- Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V Five and IXNine. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The Certificateholders Company shall not have legal title to any part of the Trust Estate. A Certificateholder The Certificateholders shall be entitled to receive distributions with respect to its their undivided Percentage Interest beneficial ownership interest therein only in accordance with Articles V and IXIX hereof. No transfer, by operation of law or otherwise, of any right, title title, or interest of a Certificateholder the Certificateholders to and in its their beneficial ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Certificateholders. The Certificateholders Neither the Depositor nor any Certificateholder shall not have legal title to any part of the Trust Estate. A Each Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest beneficial interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in 29 Amended and Restated the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Fifth Third Holdings Funding, LLC)
No Legal Title to Trust Estate in Certificateholders. The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder Estate and shall be entitled to receive distributions with respect to its their undivided Percentage Interest ownership interest therein only in accordance with Articles V Sections 6.7 and IX8.1. No transferTransfer, by operation of law or otherwise, of any right, title or and interest of a Certificateholder the Certificateholders to and in its their undivided ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts trust hereunder or entitle any transferee Transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Intercreditor Agreement (Artisan Entertainment Inc)
