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 (Opteum Mortgage Acceptance CORP), 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 2.01 and until the conveyance of the Mortgage Collateral Loans pursuant to Section 3.01 2.01 of the Sale and Servicing Agreement and the issuance of the Certificates, and thereafter except as otherwise permitted hereunder, the Depositor shall be the sole Certificateholder.
Appears in 23 contracts
Samples: Trust Agreement (Bear Stearns ARM Trust 2006-1), Trust Agreement (Bear Stearns ARM Trust 2005-7), Trust Agreement (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-9)
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 2008-A), Trust Agreement (Franklin Receivables LLC), Trust Agreement (Franklin Auto Trust 2005-1)
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 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 Certificateholderbeneficial owner.
Appears in 18 contracts
Samples: Trust Agreement (Renaissance Home Equity Loan Trust 2006-2), Trust Agreement (Renaissance Home Equity Loan Trust 2006-1, Home Equity Loan Asset-Backed Notes, Series 2006-1), Trust Agreement (Renaissance Home Equity Loan Trust 2007-1)
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 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 (Nomura Asset Acceptance Corp), Owner Trust Agreement (Deutsche Alt-a Securities Inc)
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 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 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: Trust Agreement (Painewebber Mort Accept Corp Iv Empire Funding 1999-1), Owner Trust Agreement (Painewebber Mortgage Acceptance Corporation Iv)
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 CertificatesCertificates , the Depositor shall be the sole Certificateholderbeneficiary of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Mmca Auto Receivables Inc), Trust Agreement (Mmca Auto Receivables Inc)
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 Trust Certificates, the Depositor shall be the sole Certificateholderbeneficiary of the Trust.
Appears in 1 contract
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)
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 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 Certificateholderbeneficial owner.
Appears in 1 contract
Samples: Owner Trust Agreement (GE-WMC Mortgage Securities, L.L.C.)
