Common use of Termination of Issuer Clause in Contracts

Termination of Issuer. The Issuer and the respective obligations and responsibilities of the Indenture Trustee created hereby (other than the obligation of the Indenture Trustee to make payments to Noteholders as hereinafter set forth) shall terminate, except with respect to the duties described in SECTION 14.08(b), as provided in the Master Owner Trust Agreement.

Appears in 1 contract

Sources: Indenture (Navistar Financial Dealer Note Master Trust)

Termination of Issuer. The Issuer and the respective obligations and responsibilities of the Indenture Trustee created hereby (unless otherwise specified and other than the obligation of the Indenture Trustee to make payments to Noteholders as hereinafter set forth) shall terminate, except with respect to terminate upon payment in full of the duties described in SECTION 14.08(bNotes and all other amounts due and owing under the Transaction Documents (other than indemnities and reimbursement obligations for which a claim has not yet been asserted), as provided in the Master Owner Trust Agreement.

Appears in 1 contract

Sources: Amendment to Indenture (Enova International, Inc.)