Appointment of the Owner Trustee. The Depositor hereby confirms the appointment of 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. The Owner Trustee acknowledges receipt in trust from the Depositor as of the date of the Original Trust Agreement, of the sum of one dollar, which constituted the initial Trust Estate.
Appears in 19 contracts
Samples: Trust Agreement (SLC Student Loan Trust 2010-1), Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2009-1)
Appointment of the Owner Trustee. The Depositor hereby confirms the appointment under the Original Trust Agreement of the Owner Trustee Bank 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 Act. The Owner Trustee acknowledges Bank confirms the receipt in trust from the Depositor as of on the date of the Original Trust AgreementAgreement in trust from the Depositor of $10, of the sum of one dollar, which constituted constituting the initial Trust EstateProperty.
Appears in 4 contracts
Samples: Trust Agreement (Medallion Financial Corp), Trust Agreement (Medallion Financial Corp), Trust Agreement (Medallion Financial Corp)
Appointment of the Owner Trustee. The Depositor hereby confirms the appointment of 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. The Owner Trustee acknowledges receipt in trust from the Depositor as of the date of the Original Trust Agreement, of the sum of one dollar, which constituted the initial Trust EstateProperty.
Appears in 2 contracts
Samples: Amended and Restated Trust Agreement (SLC Student Loan Receivables I Inc), Amended and Restated Trust Agreement (SLC Student Loan Receivables I Inc)