Common use of Registration of Transfer and Exchange of Grantor Trust Certificates Clause in Contracts

Registration of Transfer and Exchange of Grantor Trust Certificates. (a) At all times during the term of this Agreement, the Grantor Trust Trustee shall maintain at its Corporate Trust Office a register (the “Certificate Register”) in which, subject to such reasonable regulations as the Grantor Trust Trustee may prescribe, the Certificate Register shall provide for the registration of Grantor Trust Certificates and of transfers and exchanges of Grantor Trust Certificates as herein provided. The Depositor shall have the right to inspect the Certificate Register or to obtain a copy thereof at all reasonable times, and to rely conclusively upon a certificate of the Grantor Trust Trustee as to the information set forth in the Certificate Register. The Depositor and every Grantor Trust Certificateholder and Grantor Trust Certificate Owner, by receiving and holding a Grantor Trust Certificate or an interest therein, agrees with the Grantor Trust Trustee that the Grantor Trust Trustee shall not be held accountable by reason of the disclosure of any such information as to the names and addresses of the Grantor Trust Certificateholders hereunder, regardless of the source from which such information was derived.