Initial Beneficial Ownership. As of the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the CARAT 2005-SN1 Certificates, the Seller has been the sole beneficial owner of the Trust.
Appears in 1 contract
Sources: Trust Agreement (Capital Auto Receivables Asset Trust 2005-Sn1)
Initial Beneficial Ownership. As of the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the CARAT 20052007-SN1 Certificates, the Seller has been the sole beneficial owner of the Trust.
Appears in 1 contract
Sources: Trust Agreement (Capital Auto Receivables Asset Trust 2007-Sn1)
Initial Beneficial Ownership. As of the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the CARAT 2005-SN1 200_-_ Certificates, the Seller has been the sole beneficial owner of the Trust.
Appears in 1 contract