Possession of SBA Files. (a) Upon the issuance of the Certificates, the ownership of each SBA Note, the Mortgage and the contents of the related SBA File relating to the Initial SBA Loans is, and upon each Subsequent Transfer Date the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File relating to the applicable Subsequent SBA Loans will be, vested in the Trustee for the benefit of the SBA and the Certificateholders, as their interests may appear.
Appears in 12 contracts
Samples: Spread Account Agreement (BLC Financial Services Inc), Pooling and Servicing Agreement (Money Store of New York Inc), Pooling and Servicing Agreement (First International Bancorp Inc)