Common use of Initial Beneficial Ownership Clause in Contracts

Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.01 hereof and until the issuance of Certificates, the Depositor shall be the sole beneficial owner of the Trust.

Appears in 9 contracts

Samples: Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Nelnet Student Loan Trust 2009-2), Trust Agreement (Nelnet Student Loan Trust 2007-1)

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Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.01 hereof 2.05 and until the issuance of Certificatesthe Trust Certificate, the Depositor shall be the sole beneficial owner of the Trust.

Appears in 4 contracts

Samples: Trust Agreement (Keycorp Student Loan Trust 2000-B), Trust Agreement (Keycorp Student Loan Trust 2000-A), Trust Agreement (Keycorp Student Loan Trust 2001-A)

Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.01 hereof 2.5 and until the initial issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Transworld Insurance Co), Trust Agreement (PNC Bank National Association/)

Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor Depositors pursuant to Section 2.01 hereof 2.5 and until the initial issuance of the Trust Certificates, the Depositor Depositors shall be the sole beneficial owner owners of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Classnotes Inc)

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Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.01 hereof 2.05 and until the issuance of the Certificates, the Depositor shall be the sole beneficial owner of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Nellie Mae Education Loan Corp)

Initial Beneficial Ownership. Upon the formation of the Trust by and the contribution by the Depositor pursuant to Section 2.01 hereof 2.5 and until the initial issuance of the Certificates, the Depositor shall be the sole beneficial owner of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Crestar Securitization LLC)

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