Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Certificates, the Depositor shall be the sole Certificateholder.
Appears in 35 contracts
Samples: Trust Agreement (Deutsche Mortgage Securities Inc), Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 2.5 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Trust Certificates, the Depositor shall be the sole Certificateholderbeneficiary of the Trust.
Appears in 18 contracts
Samples: Trust Agreement (Franklin Auto Trust 2005-1), Trust Agreement (Franklin Auto Trust 2007-1), Trust Agreement (Franklin Receivables LLC)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral Loans pursuant to Section 3.01 and the issuance of the CertificatesCertificate, the Depositor shall be the sole Certificateholder.
Appears in 8 contracts
Samples: Owner Trust Agreement (Nomura Home Equity Loan, Inc.), Owner Trust Agreement (Deutsche Alt-a Securities Inc), Trust Agreement (Nomura Asset Acceptance Corp)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral Initial Home Loans pursuant to Section 3.01 and the issuance of the Certificates, the Depositor Seller shall be the sole Certificateholder.
Appears in 2 contracts
Samples: Trust Agreement (Residential Asset Mortgage Products Inc), Trust Agreement (Residential Asset Mortgage Products Inc)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section SECTION 2.05 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Trust Certificates, the Depositor shall be the sole Certificateholderbeneficiary of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Dealer Auto Receivables Corp), Trust Agreement (Dealer Auto Receivables Corp)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Certificates, the Depositor shall be the sole Certificateholder.. Section 3.03
Appears in 2 contracts
Samples: Trust Agreement (Argent Securities Inc), Trust Agreement (National City Mortgage Capital LLC)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 SECTION 2.5 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Residual Interest Certificates, the Depositor shall be the sole CertificateholderOwner of the Trust.
Appears in 2 contracts
Samples: Owner Trust Agreement (Painewebber Mortgage Acceptance Corporation Iv), Trust Agreement (Painewebber Mort Accept Corp Iv Empire Funding 1999-1)
Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral Home Loans pursuant to Section 3.01 and the issuance of the Certificates, and thereafter except as otherwise permitted hereunder, the Depositor shall be the sole Certificateholder.
Appears in 1 contract
Samples: Trust Agreement (Southern Pacific Secured Assets Corp)
Initial Ownership. [Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the conveyance of the Mortgage Collateral pursuant to Section 3.01 and the issuance of the Certificates2.05, the Depositor shall be the sole initial Certificateholder].
Appears in 1 contract
Samples: Trust Agreement (Superior Bank FSB)
