Common use of 01Initial Ownership Clause in Contracts

01Initial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 and until the termination of the Trust, the Depositor shall be the sole beneficiary of the Trust.

Appears in 8 contracts

Samples: Trust Agreement (John Deere Owner Trust 2024-B), Trust Agreement (John Deere Owner Trust 2024-B), Trust Agreement (John Deere Owner Trust 2024)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.