ACCEPTANCE BY GRANTOR TRUSTEE. The Grantor Trustee hereby acknowledges the receipt by it of the Underlying Class M Bonds and declares that it holds and will hold such Underlying Class M Bonds and all other assets and documents included in the related Trust Fund, in trust, upon the trusts herein set forth, for the exclusive use and benefit of all present and future applicable Certificateholders in accordance with the terms of this Agreement.
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Samples: Grantor Trust Agreement (IMPAC CMB Trust SERIES 2004-6), Grantor Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2003 10), Grantor Trust Agreement (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3)
