Common use of Trust Accounts Clause in Contracts

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity shall cause the Servicer to establish and maintain with and in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 50 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2019-A), Indenture (World Omni Auto Receivables Trust 2019-A), Indenture (World Omni Auto Receivables LLC)

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Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity shall cause the Servicer to establish and maintain with and (i) in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts (other than the Spread Account) as provided in Section 5.01 5.1 of the Sale and Servicing Agreement, and (ii) in the name of the Issuing Entity, for the benefit of the Issuing Entity, the Spread Account as provided in Section 5.1 of the Sale and Servicing Agreement.

Appears in 19 contracts

Samples: Indenture (CNH Equipment Trust 2024-B), Indenture (CNH Equipment Trust 2024-B), Indenture (CNH Equipment Trust 2023-B)

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Indenture Trustee and in the name of the Indenture TrusteeIssuing Entity, for the benefit of the Noteholders and the CertificateholdersIndenture Trustee, the Trust Accounts (other than the Reserve Account) as provided in Section 5.01 of the Sale and Servicing Agreement, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable.

Appears in 18 contracts

Samples: General Servicing Considerations (World Omni Auto Receivables Trust 2022-A), General Servicing Considerations (World Omni Auto Receivables Trust 2022-A), Indenture (World Omni Auto Receivables Trust 2021-D)

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Account Bank and in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts (other than the Reserve Account) as provided in Section 5.01 of the Sale and Servicing Agreement, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable.

Appears in 15 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2024-B), Indenture (World Omni Auto Receivables Trust 2024-B), Indenture (World Omni Auto Receivables Trust 2024-A)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity Indenture Trustee shall cause the Servicer to establish and maintain with and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersEquity Certificateholder, the Trust Accounts as provided in Section 5.01 7.01 of the Sale Pooling and Servicing Agreement.

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC), Indenture (Cit Funding Co, LLC), Cit Equipment Collateral 2006-Vt2

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity shall cause the Servicer to establish and maintain with and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts as provided in Section 5.01 5.1 of the Sale and Servicing Agreement.

Appears in 10 contracts

Samples: Indenture (CNH Equipment Trust 2017-A), Indenture (CNH Equipment Trust 2017-A), Indenture (CNH Equipment Trust 2016-C)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity Servicer shall cause the Servicer to establish and maintain with and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders Noteholders, the Hedge Counterparties, and the CertificateholdersCertificateholder, the Trust Accounts (other than the Principal and Interest Accounts which shall be in the name of the Servicer) as provided in Section 5.01 7.01 of the Sale and Servicing Agreement.

Appears in 7 contracts

Samples: Indenture (Capitalsource Inc), Indenture (Capitalsource Inc), Indenture (Capitalsource Inc)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity shall cause the Servicer to establish and maintain with and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 6 contracts

Samples: Deere Owner Trust 2015 (John Deere Owner Trust 2015), Indenture (John Deere Owner Trust 2013), John Deere Owner Trust 2015-B

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Indenture Trustee and in the name of the Issuing Entity, for the benefit of the Indenture Trustee, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable, the Trust Accounts as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 4 contracts

Samples: Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Select Auto Trust 2020-A)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity Indenture Trustee shall cause the Servicer to establish and maintain with and in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersInsurer, the Trust Accounts as provided in Section 5.01 4.01 of the Sale and Servicing Agreement.

Appears in 3 contracts

Samples: Auto Nations Receivables Corp, Auto Nations Receivables Corp, Auto Nations Receivables Corp

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Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Account Bank and in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts as provided in Section 5.01 of the Sale and Servicing Agreement, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable.

Appears in 2 contracts

Samples: Indenture (World Omni Select Auto Trust 2023-A), Indenture (World Omni Select Auto Trust 2023-A)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity Owner Trustee shall cause the Servicer to establish and maintain with and establish, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Trust Accounts as provided in Section 5.01 5.1 of the Sale and Servicing Agreement.

Appears in 2 contracts

Samples: Indenture (M&i Auto Loan Trust 2002-1), Bond Securitization LLC

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Indenture Trustee and in the name of the Indenture TrusteeIssuing Entity, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable, the Trust Accounts as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 2 contracts

Samples: Indenture (World Omni Select Auto Trust 2021-A), Indenture (World Omni Select Auto Trust 2021-A)

Trust Accounts. (a) On or prior to the Closing Date, the Issuing Entity Servicer shall cause the Servicer to establish and maintain with and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersCertificateholder, the Trust Accounts (other than the Principal and Interest Accounts which shall be in the name of the Servicer) as provided in Section 5.01 7.01 of the Sale and Servicing Agreement.

Appears in 1 contract

Samples: Indenture (Capitalsource Inc)

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Indenture Trustee and in the name of the Indenture TrusteeIssuing Entity, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable, the Trust Accounts [(other than the Reserve Account)] as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 1 contract

Samples: World Omni Auto Receivables LLC

Trust Accounts. (a) On or prior to the Closing Date, for the benefit of the Noteholders and the Certificateholders, as applicable, the Issuing Entity shall cause the Servicer to establish and maintain with the Account Bank and in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersIssuing Entity, the Trust Accounts (other than the Reserve Account) as provided in Section 5.01 of the Sale and Servicing Agreement, bearing a designation clearly indicating that funds deposited therein are held for the benefit of the Noteholders and the Certificateholders, as applicable.

Appears in 1 contract

Samples: Indenture (World Omni Auto Receivables Trust 2022-D)

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