Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary of the Trust.
Appears in 29 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial 2004-B Owner Trust), Trust Agreement (Navistar Financial Corp)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller Depositor pursuant to Section 2.5 2.05 and until the issuance of the CertificatesTrust Certificate, the Seller Depositor shall be the sole beneficiary of the Trust.
Appears in 13 contracts
Samples: Trust Agreement (Sast 2006-3), Trust Agreement (Saxon Asset Securities Trust 2005-1), Trust Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary of the TrustCertificateholder.
Appears in 10 contracts
Samples: Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc)
Initial Certificate Ownership. Upon As of the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be has been the sole beneficiary of the TrustCertificateholder.
Appears in 5 contracts
Samples: Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc)
Initial Certificate Ownership. Upon the formation of ----------------------------- the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary of the Trust.
Appears in 5 contracts
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary owner of the Trust.
Appears in 4 contracts
Samples: Trust Agreement (First Alliance Mortgage Loan Trust 1998-1f), Trust Agreement (First Alliance Mortgage Co /De/), Trust Agreement (First Alliance Mortgage Loan Trust 1998-2)
Initial Certificate Ownership. Upon As of the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates2.5, the Seller shall be has been the sole beneficiary of the TrustCertificateholder.
Appears in 3 contracts
Samples: Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Asset Trust 2004-2), Trust Agreement (Capital Auto Receivables Asset Trust 2006-1)
Initial Certificate Ownership. Upon the formation of the ----------------------------- Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Cit Rv Trust 1997 A), Trust Agreement (Navistar Financial Retail Receivables Corporation)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller Depositor pursuant to Section 2.5 and until the issuance of the Certificates, the Seller Depositor shall be the sole beneficiary beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Oakwood Homes Corp), Trust Agreement (Oakwood Homes Corp)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller Transferor pursuant to Section 2.5 and until the issuance of the Certificates, the Seller Transferor shall be the sole beneficiary of the Trust.
Appears in 1 contract
Samples: Trust Agreement (Wodfi LLC)
Initial Certificate Ownership. Upon the formation of the Trust Issuing Entity by the contribution by the Seller Depositor pursuant to Section 2.5 and until the issuance of the Certificates, the Seller Depositor shall be the sole beneficiary of the TrustTrust (the “Trust Beneficiary”).
Appears in 1 contract
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller Depositor pursuant to Section 2.5 and until the issuance of the Certificates, the Seller Depositor shall be the sole beneficiary of the Trust.
Appears in 1 contract
Samples: Trust Agreement (Imc Securities Inc)
