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

AutoNDA by SimpleDocs

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 1999-A), Trust Agreement (Advanta Mortgage Conduit Services Inc), Trust Agreement (Advanta Revolving Home Equity Loan Trust 1999-A)

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 2005-2), Trust Agreement (Accredited Mortgage Loan Trust 2005-1), Trust Agreement (Accredited Mortgage Loan REIT Trust)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust Issuing Entity 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 Issuing Entity or in its own name on behalf of the Issuing Entity, in the activities of the Issuing Entity, make and execute contracts on behalf of the Issuing Entity and xxx on behalf of the Issuing Entity.

Appears in 9 contracts

Samples: Trust Agreement (Accredited Mortgage Loan REIT Trust), Trust Agreement (Accredited Mortgage Loan REIT Trust), Trust Agreement (Accredited Mortgage Loan Trust 2006-2)

Appointment of Owner Trustee. The Sponsor hereby appoints ratifies the appointment of the Owner Trustee as trustee of the Trust effective as of the date hereofthe Certificate of Trust was filed with the Secretary of State, to have all the rights, powers and duties set forth hereinherein and the Owner Trustee hereby affirms its acceptance of such appointment.

Appears in 1 contract

Samples: Trust Agreement

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: Trust Agreement (Headlands Mortgage Securities Inc)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust C 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)

AutoNDA by SimpleDocs

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Holding 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 1 contract

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

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 sue 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)

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)

Appointment of Owner Trustee. The Sponsor hereby appoints the Owner Trustee as trustee of the Trust A 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!