Appointment of the Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Trust, to have all the rights, powers and duties set forth herein and in the Statutory Trust Statute. The Owner Trustee acknowledges receipt in trust from the Depositor, of the sum of one dollar ($1), constituting the initial Trust Property.
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Samples: Alternative Servicing Agreement, Trust Agreement, Trust Agreement
Appointment of the Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the TrustTrust effective as of the date hereof, to have all the rights, powers and duties set forth herein and in the Statutory Trust Statuteherein. The Owner Trustee acknowledges receipt in trust from the DepositorDepositor as of the date hereof, of the sum of one dollar hundred dollars ($1100), constituting the initial Trust Property.
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Samples: Trust Agreement (National Collegiate Trust 1996-S2), Trust Agreement (National Collegiate Trust 1996-S2), Authority And (National Collegiate Trust 1996-S2)
Appointment of the Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the Trust, to have all the rights, powers and duties set forth herein and in the Statutory Trust Statute. The Owner Trustee acknowledges receipt in trust from the Depositor, of the sum of one dollar ($1), constituting the initial Trust Property.. Section 2.05
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Appointment of the Owner Trustee. The Depositor hereby appoints the Owner Trustee as trustee of the TrustTrust effective as of the date hereof, to have all the rights, powers and duties set forth herein and in the Statutory Business Trust Statute. The Owner Trustee acknowledges receipt in trust from the DepositorDepositor as of the date hereof, of the sum of one dollar hundred dollars ($1100), constituting the initial Trust Property.
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