No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner to and in their ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 27 contracts
Samples: Trust Agreement (Harley Davidson Customer Funding Corp), Trust Agreement (Harley Davidson Motorcycle Trust 2004 1), Trust Agreement (Harley Davidson Customer Funding Corp)
No Legal Title to Trust Estate in Owner. The Owner Owners shall not have legal title to any part of the Trust Estate. The Owner Estate and shall be entitled to receive distributions with respect to their only have an undivided ownership beneficial interest herein only in accordance with Articles Five and Ninetherein. No transfer, by operation of law or otherwise, of any right, title or and interest of the Owner Owners in and to and in their ownership undivided beneficial interest in the Trust Estate hereunder shall operate to terminate this Agreement or the trusts hereunder or entitle any successor transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 8 contracts
Samples: Trust Agreement (SLC Student Loan Trust 2004-1), Trust Agreement (SLC Student Loan Trust 2006-2), Trust Agreement (SLC Student Loan Trust 2006-1)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their its undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 8 contracts
Samples: Trust Agreement (Orix Credit Alliance Receivables Trust 1999-A), Trust Agreement (Heller Funding Corp), Trust Agreement (Orix Credit Alliance Receivables Trust 2000-A)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Residual Interest Owner shall be entitled to receive distributions with respect to their its undivided ownership residual economic interest herein only in accordance with Articles Five and NineNine hereof. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner or the Residual Interest Owner to and in their ownership interest respective interests in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Sale Agreement (Bluegreen Corp), Trust Agreement (Bluegreen Corp)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Residual Interest Owner shall be entitled to receive distributions with respect to their its undivided ownership residual economic interest herein only in accordance with Articles Five V and NineIX. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner or the Residual Interest Owner to and in their ownership interest respective interests in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Bluegreen Corp), Sale and Servicing Agreement (Bluegreen Corp)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their its undivided ownership interest herein therein only in accordance with Articles Five and Ninethe Basic Documents. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Residual Interest Owner shall be entitled to receive distributions with respect to their its undivided ownership residual economic interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner or the Residual Interest Owner to and in their ownership interest respective interests in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Owner to and in their ownership its undivided beneficial interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Household Affinity Funding Corp Iii
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their its undivided ownership interest herein only in accordance with Articles Five V and NineIX. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner Owners to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Owner to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (Auto Nations Receivables Corp)
No Legal Title to Trust Estate in Owner. The Owner Owners shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the an Owner to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (Auto Nations Receivables Corp)
No Legal Title to Trust Estate in Owner. The Owner Owners --------------------------------------- shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the an Owner to and in their its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (Auto Nations Receivables Corp)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Residual Interest Owner shall be entitled to receive distributions with respect to their its undivided ownership residual economic interest herein only in accordance with Articles Five V and NineIX hereof. No transfer, by operation of law or otherwise, of any right, title or interest of the Owner or the Residual Interest Owner to and in their ownership interest respective interests in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Bluegreen Corp)
No Legal Title to Trust Estate in Owner. The Owner shall not have legal title to any part of the Trust Estate. The Owner shall be entitled to receive distributions with respect to their undivided ownership interest herein only in accordance with Articles Five and Nine. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Owner to and in their ownership its undivided beneficial interest in the Trust Estate shall operate to terminate this Agreement or annul, dissolve or terminate the trusts hereunder Trust or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Sunterra Corp)