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Common use of Dissolution of the Issuer Clause in Contracts

Dissolution of the Issuer. Upon dissolution of the Issuer, the Administrator shall wind up the business and affairs of the Issuer in accordance with Section 9.2 of the Trust Agreement.

Appears in 112 contracts

Sources: Administration Agreement (Santander Drive Auto Receivables Trust 2025-3), Administration Agreement (Santander Drive Auto Receivables Trust 2025-3), Administration Agreement (Drive Auto Receivables Trust 2025-1)

Related Clauses

  • Dissolution of the Company
  • Dissolution of the Partnership
  • Dissolution of Company
  • Dissolution Liquidation and Termination of the Company
  • Liquidation of the Company

Parent Clauses

  • Termination of Trust Agreement
  • Duties of the Administrator
  • Survival
  • Doing Business in Other Jurisdictions
  • Non-Recourse Obligations
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