Common use of Appointment of Owner Trustee Clause in Contracts

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein.

Appears in 15 contracts

Samples: Trust Agreement (Greenpoint Mortgage Securities LLC), Trust Agreement (Greenpoint Mortgage Securities LLC), Trust Agreement (GreenPoint Home Equity Loan Trust 2004-4)

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Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth hereinherein and in the Business Trust Statute.

Appears in 13 contracts

Samples: Trust Agreement (Advanta Revolving Home Equity Loan Trust 2000 A), Trust Agreement (Advanta Conduit Receivables Inc), Trust Agreement (Advanta Mortgage Conduit Services Inc)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth hereinherein and in the Statutory Trust Statute, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Trust or in its own name on behalf of the Trust, in the activities of the Trust, make and execute contracts on behalf of the Trust and xxx on behalf of the Trust.

Appears in 10 contracts

Samples: Trust Agreement (Accredited Mortgage Loan Trust 2005-1), Trust Agreement (Accredited Home Lenders Inc Mortgage Loan Trust 2004-1), Trust Agreement (Accredited Mortgage Loan Trust 2004-2)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust B effective as of the date hereof, to have all the rights, powers and duties set forth hereinherein and in the Business Trust Statute.

Appears in 1 contract

Samples: Trust Agreement (Advanta Mortgage Loan Trust 1998-4c)

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Appointment of Owner Trustee. The Sponsor hereby ---------------------------- appoints the Owner Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein.

Appears in 1 contract

Samples: Executive Copy (Headlands Mortgage Securities Inc)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth hereinherein and in the Business Trust Statute, and the Owner Trustee hereby accepts such appointment. The Owner Trustee may engage, in the name of the Trust or in its own name on behalf of the Trust, in the activities of the Trust, make and execute contracts on behalf of the Trust and xxx on behalf of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1)

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