Common use of Initial Capital Contribution of Trust Estate Clause in Contracts

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon, as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonCitibank, N.A., as agent for the Trust in an account established by The Bank of New York MellonCitibank, N.A., on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, N.A., as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, N.A., on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges prior receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall will constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon, as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall Administrator will pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 Conveyed Assets (as defined in the Sale and Servicing Agreement) which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has the Conveyed Assets have been transferred to, and is are being held by, The Bank of New York MellonCitibank, N.A., as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon[Trust Collateral Agent], as agent for the Trust in an account established by The Bank of New York Mellon[Trust Collateral Agent], on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 Conveyed Assets (as defined in the Sale and Servicing Agreement) which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 Conveyed Assets (as defined in the Sale and Servicing Agreement) which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonCitibank, N.A., as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonComputershare Trust Company, N.A., as agent for the Trust in an account established by The Bank of New York MellonComputershare Trust Company, N.A., on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonWxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonWxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged acknolwedged receipt in trust from the Depositor of the sum of $1.00 .00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon[Trust Collateral Agent], as agent for the Trust in an account established by The Bank of New York Mellon[Trust Collateral Agent], on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonYork, as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor Seller of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon[Trust Collateral Agent], as agent for the Trust in an account established by The Bank of New York Mellon[Trust Collateral Agent], on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonWxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonWxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor Funding Trust of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Funding Corp. acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonJPMorgan Chase Bank, as agent for the Trust in an account established by The Bank of New York MellonJPMorgan Chase Bank, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon[Indenture Trustee], as agent for the Trust in an account established by The Bank of New York Mellon[Indenture Trustee], on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonJPMorgan Chase Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonJPMorgan Chase Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 Conveyed Assets (as defined in the Sale and Servicing Agreement) which contribution shall constitute the initial Owner Trust Estate. The Depositor acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York Mellon[Indenture Trustee], as agent for the Trust in an account established by The Bank of New York Mellon, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonXxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonXxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution of Trust Estate. The Owner Trustee has acknowledged hereby acknowledges receipt in trust from the Depositor Seller of the sum of $1.00 1,000 which contribution shall constitute the initial Owner Trust Estate. The Depositor Seller acknowledges that such contribution has been transferred to, and is being held by, The Bank of New York MellonWxxxx Fargo Bank, National Association, as agent for the Trust in an account established by The Bank of New York MellonWxxxx Fargo Bank, National Association, on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate. The Depositor shall pay organizational expenses of the Trust as they may arise.