Common use of Formation of Trust; Name Clause in Contracts

Formation of Trust; Name. The Trust is hereby created, to be named "DaimlerChrysler Master Owner Trust", under which name the Owner Trustee or the Beneficiary may conduct any activities and business of the Trust contemplated hereby, execute contracts and other instruments on behalf of the Trust and sue and be sued on behalf of the Trust.

Appears in 4 contracts

Sources: Trust Agreement (Daimlerchrysler Wholesale Receivables LLC), Trust Agreement (Daimlerchrysler Master Owner Trust), Trust Agreement (Daimlerchrysler Wholesale Receivables LLC)

Formation of Trust; Name. The Trust is hereby created, continued and is to be named known as "DaimlerChrysler Master Owner Trust", under which name the Owner Trustee or the Beneficiary may conduct any activities and business of the Trust contemplated hereby, execute contracts and other instruments on behalf of the Trust and sue and be sued on behalf of the Trust.

Appears in 2 contracts

Sources: Trust Agreement (Daimlerchrysler Master Owner Trust), Trust Agreement (Daimlerchrysler Master Owner Trust)