No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 126 contracts
Samples: Trust Agreement, Trust Agreement (Bear Stearns ARM Trust 2006-1), Trust Agreement (American Home Mortgage Investment Trust 2005-4)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 104 contracts
Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Agreement (Capital Auto Receivables Asset Trust 2015-2)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest Percentage Interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest Percentage Interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 98 contracts
Samples: Trust Agreement (Ally Auto Receivables Trust 2024-1), Trust Agreement (Ally Auto Receivables Trust 2024-1), Trust Agreement (Ally Auto Receivables Trust 2023-1)
No Legal Title to Owner Trust Estate. The Trust Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Trust Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein Trust Certificates only in accordance with Articles V Five and VIIINine. No transfer, by operation of law or otherwise, of any right, title or interest of the Trust Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 51 contracts
Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2022-A), Trust Agreement (Nissan Auto Lease Trust 2022-A)
No Legal Title to Owner Trust Estate. The Certificateholders Trust Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Trust Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial interest therein its Trust Certificate only in accordance with Articles V Five and VIIINine. No transfer, by operation of law or otherwise, of any right, title or interest of the Trust Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 45 contracts
Samples: Trust Agreement (BMW Vehicle Lease Trust 2024-1), Trust Agreement (BMW Vehicle Lease Trust 2024-1), Trust Agreement (BMW Vehicle Lease Trust 2023-2)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIIX. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 22 contracts
Samples: Trust Agreement (Opteum Mortgage Acceptance CORP), Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIIX. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 18 contracts
Samples: Trust Agreement (National City Mortgage Capital LLC), Trust Agreement (National City Mortgage Capital LLC), Trust Agreement (Southern Pacific Secured Assets Corp)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 17 contracts
Samples: Trust Agreement (Home Loan Trust 2006-Hi1), Trust Agreement (Home Loan Trust 2006-Hi3), Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 13 contracts
Samples: Trust Agreement (Superior Bank FSB), Trust Agreement (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3), Trust Agreement (Impac CMB Trust Series 1998-2)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 12 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 12 contracts
Samples: Trust Agreement (MSCC HELOC Trust 2007-1), Trust Agreement (Home Equity Loan Trust 2006-Hsa4), Trust Agreement (Morgan Stanley ABS Capital I Inc. MSDWCC HELOC Trust 2005-1)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership beneficial interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 7 contracts
Samples: Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-B), Trust Agreement (Home Equity Mortgage Trust 2007-1), Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-C)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the assets of the Owner Trust Estate solely by virtue of their status as a CertificateholderCertificateholders. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIIX. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner assets of the Trust Estate shall operate to terminate this Trust 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 Owner Trust Estateassets of the Trust.
Appears in 7 contracts
Samples: Trust Agreement (Oakwood Homes Corp), Trust Agreement (First Alliance Mortgage Loan Trust 1998-2), Trust Agreement (Imc Home Equity Loan Owner Trust 1998-4)
No Legal Title to Owner Trust Estate. The Trust Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Trust Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein Trust Certificates only in accordance with Articles V Five and VIIINine. No transfer, by operation of law or otherwise, of any right, title or interest of the Trust Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 7 contracts
Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan-Infiniti Lt), Trust Agreement (Nissan Auto Lease Trust 2004-A)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Owner Trust 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 Owner Trust Estate.
Appears in 7 contracts
Samples: Owner Trust Agreement (Nomura Home Equity Loan, Inc.), Owner Trust Agreement (Nomura Asset Acceptance Corp), Owner Trust Agreement (GE-WMC Mortgage Securities, L.L.C.)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderCertificateholders. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest interests therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 7 contracts
Samples: Trust Agreement (Merrill Lynch Mortgage Investors Inc), Trust Agreement (Merrill Lynch Mortgage Investors Inc), Trust Agreement (Novastar Mortgage Funding Corp)
No Legal Title to Owner Trust Estate. The ------------------------------------ Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 7 contracts
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Cit Rv Trust 1997 A), Trust Agreement (First Security Bank Na)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the assets of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIIX. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner assets of the Trust Estate shall operate to terminate this Trust 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 Owner Trust Estateassets of the Trust.
Appears in 4 contracts
Samples: Owner Trust Agreement (Imc Home Equity Loan Owner Trust 1997-6), Trust Agreement (First Alliance Mortgage Co /De/), Trust Agreement (Imc Securities Inc)
No Legal Title to Owner Trust Estate. The Certificateholders Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders Certificateholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 4 contracts
Samples: Trust Agreement (American Home Mortgage Investment Trust 2007-2), Trust Agreement (American Home Mortgage Investment Trust 2006-3), Trust Agreement (American Home Mortgage Investment Trust 2006-2)
No Legal Title to Owner Trust Estate. The Certificateholders Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders Certificateholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (Ally Wholesale Enterprises LLC), Trust Agreement (Wholesale Auto Receivables LLC), Trust Agreement (SWIFT Master Auto Receivables Trust)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Owner Trust 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 Owner Trust Estate.
Appears in 3 contracts
Samples: Owner Trust Agreement (Cendant Mortgage Capital LLC), Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Owner Trust Agreement (DLJ Mortgage Acceptance Corp)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVIII hereof. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4), Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-3), Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-2)
No Legal Title to Owner Trust Estate. The Certificateholders Registered Owners shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Registered Owners shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders Registered Owners to and in their ownership beneficial interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (Alliance Laundry Systems LLC), Trust Agreement (Alliance Laundry Systems LLC), Trust Agreement (Alliance Laundry Corp)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal haxx xxxxl title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Home Equity Loan Trust 2007-Hsa3), Trust Agreement (Home Equity Loan Trust 2006-Hsa3)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest interests therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their beneficial ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc), Trust Agreement (Novastar Mortgage Funding Corp)
No Legal Title to Owner Trust Estate. The Certificateholders Residual Interestholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Residual Interestholder shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders Residual Interestholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Volkswagen Credit Auto Master Owner Trust), Trust Agreement (Volkswagen Dealer Finance LLC)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
No Legal Title to Owner Trust Estate. The Trust Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Trust Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein Trust Certificates only in accordance with Articles V Five and VIIINine. No transfer, by operation of law or otherwise, of (NALT 2011-B Amended and Restated Trust Agreement) any right, title or interest of the Trust Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Nissan Auto Lease Trust 2011-B), Trust Agreement (Nissan Auto Lease Trust 2011-B)
No Legal Title to Owner Trust Estate. The Trust Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Trust Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein Trust Certificates only in accordance with Articles V Five and VIIINine. No transfer, by operation of law or otherwise, of any right, title or interest of the Trust Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust Agreement or the trusts hereunder or entitle (NALT 2011-A Amended and Restated Trust Agreement) any transferee to an accounting or to the transfer to it of legal title to any part of the Owner Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Nissan Auto Lease Trust 2011-A), Trust Agreement (Nissan Auto Lease Trust 2011-A)
No Legal Title to Owner Trust Estate. The Certificateholders Cerxxxxxxxxholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles ARTICLES V and VIIIAND VII. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
No Legal Title to Owner Trust Estate. The Certificateholders Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Certificateholder shall be entitled to receive distributions with respect to their undivided its beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders Certificateholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Owner Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
No Legal Title to Owner Trust Estate. The Certificateholders Certxxxxxxxxolders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
No Legal Title to Owner Trust Estate. The -------------------------------------------- Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership beneficial interest in the Owner Trust Estate shall operate to terminate this Owner Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A)
No Legal Title to Owner Trust Estate. The Certificateholders Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders Certificateholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Owner Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Owner Trust Agreement (Credit Suisse First Boston Mor Ac Corp CSFB Abs Tr 2002 Hi23)
No Legal Title to Owner Trust Estate. The Certificateholders Certificate holders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
No Legal Title to Owner Trust Estate. The Certificateholders Xxxxxxxxateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the assets of the Owner Trust Estate solely by virtue of their status as a CertificateholderCertificateholders. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIIX. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner assets of the Trust Estate shall operate to terminate this Trust 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 Owner Trust Estateassets of the Trust.
Appears in 1 contract
Samples: Trust Agreement (Oakwood Homes Corp)
No Legal Title to Owner Trust Estate. The Certificateholders Trust Certificateholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Trust Certificateholder. The Certificateholders Trust Certificateholder shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders Trust Certificateholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (American Home Mortgage Investment Trust 2007-1)
No Legal Title to Owner Trust Estate. The Certificateholders Residual ------------------------------------ Interestholder shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders Residual Interestholder shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIVII. No transfer, by operation of law or otherwise, of any ---------- --- right, title or title, and interest of the Certificateholders Residual Interestholder to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIIIVIII and the Basic Documents. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
No Legal Title to Owner Trust Estate. The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a CertificateholderEstate. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial ownership interest therein only in accordance with Articles V and VIIIthe Basic Trust Documents. No transfer, by operation of law or otherwise, of any right, title or title, and interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Crystal Oil Co)
No Legal Title to Owner Trust Estate. The ------------------------------------------ Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust 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 Owner Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Imh Assets Corp)
