Common use of Book-Entry Trust Certificates Clause in Contracts

Book-Entry Trust Certificates. The Trust Certificates, upon original issuance, will be issued in the form of a typewritten Trust Certificate or Trust Certificates representing Book-Entry Trust Certificates, to be delivered to The Depository Trust Company, the initial Clearing Agency, by or on behalf of the Trust; provided, however, that one Definitive Certificate (as defined below) may be issued to GP Holder, Inc., as holder of the GP Interest pursuant to Section 2.7. Such Book-Entry Trust Certificate or Trust Certificates shall initially be registered on the Certificate Register in the name of Cede & Co., the nominee of the initial Clearing Agency, and no beneficial owner (other than the Seller and the holder of the GP Interest) will receive a definitive Trust Certificate representing such beneficial owner's interest in such Trust Certificate, except as provided in Section 3.16. Unless and until Definitive Trust Certificates have been issued to beneficial owners pursuant to Section 3.16:

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Structured Asset Mortgage Investments Inc)

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Book-Entry Trust Certificates. The Trust Certificates, upon original issuance, will be issued in the form of a typewritten Trust Certificate or Trust Certificates representing Book-Entry Trust Certificates, to be delivered by or on behalf of the Trust to The Depository Trust Company, the initial Clearing Agency; PROVIDED, by or on behalf of the Trust; provided, howeverHOWEVER, that one Definitive Certificate (as defined below) may be issued to GP Holder, Inc.the Depositor, as holder of the GP Interest General Partner pursuant to Section 2.73.12. Such Book-Entry Trust Certificate or Trust Certificates shall initially be registered on the Certificate Register in the name of Cede & Co., the nominee of the initial Clearing Agency, and no beneficial owner (other than the Seller and the holder of the GP InterestGeneral Partner) will receive a definitive Definitive Trust Certificate representing such beneficial owner's interest in such Trust Certificate, except as provided in Section 3.16. Unless and until Definitive Trust Certificates have been issued to beneficial owners pursuant to Section 3.16:

Appears in 2 contracts

Samples: Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (TMS Auto Holdings Inc)

Book-Entry Trust Certificates. The Trust Certificates, upon original issuance, will be issued in the form of a typewritten Trust Certificate or Trust Certificates representing Book-Entry Trust Certificates, to be delivered by or on behalf of the Trust to The Depository Trust Company, the initial Clearing Agency, by or on behalf of the Trust; provided, however, that one Definitive Certificate (as defined below) may be issued to GP Holder, Inc.the Depositor, as holder of the GP Interest General Partner pursuant to Section 2.73.12. Such Book-Entry Trust Certificate or Trust Certificates shall initially be registered on the Certificate Register in the name of Cede & Co., the nominee of the initial Clearing Agency, and no beneficial owner (other than the Seller and the holder of the GP InterestGeneral Partner) will receive a definitive Definitive Trust Certificate representing such beneficial owner's interest in such Trust Certificate, except as provided in Section 3.16. Unless and until Definitive Trust Certificates have been issued to beneficial owners pursuant to Section 3.16:

Appears in 1 contract

Samples: Trust Agreement (Money Store Auto Trust 1996-2)

Book-Entry Trust Certificates. The Trust Certificates, upon original issuance, will be issued in the form of a typewritten Trust Certificate or Trust Certificates representing Book-Entry Trust Certificates, to be delivered to The Depository Trust Company, the initial Clearing Agency, by or on behalf of the Trust; providedPROVIDED, howeverHOWEVER, that one Definitive Certificate (as defined below) may be issued to GP Holder, Inc.the Depositor, as holder of the GP Interest pursuant to Section 2.7. Such Book-Entry Trust Certificate or Trust Certificates shall initially be registered on the Certificate Register in the name of Cede & Co., the nominee of the initial Clearing Agency, and no beneficial owner (other than the Seller Depositor and the holder of the GP Interest) will receive a definitive Trust Certificate representing such beneficial owner's interest in such Trust Certificate, except as provided in Section 3.16. Unless and until Definitive Trust Certificates have been issued to beneficial owners pursuant to Section 3.16:

Appears in 1 contract

Samples: Trust Agreement (Barnett Auto Receivables Corp)

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Book-Entry Trust Certificates. The ----------------------------- Trust Certificates, upon original issuance, will be issued in the form of a typewritten Trust Certificate or Trust Certificates representing Book-Entry Trust Certificates, to be delivered by or on behalf of the Trust to The Depository Trust Company, the initial Clearing Agency, by or on behalf of the Trust; provided, however, that one Definitive -------- ------- Trust Certificate (as defined below) may be issued to GP Holder, Inc.the Affiliated Purchaser, as holder of the GP Interest General Partner pursuant to Section 2.73.12. Such Book-Entry Trust Certificate or Trust Certificates shall initially be registered on the Certificate Register in the name of Cede & Co., the nominee of the initial Clearing Agency, and no beneficial owner (other than the Seller and the holder of the GP InterestGeneral Partner) will receive a definitive Definitive Trust Certificate representing such beneficial owner's interest in such Trust Certificate, except as provided in Section 3.16. Unless and until Definitive Trust Certificates have been issued to beneficial owners pursuant to Section 3.16:

Appears in 1 contract

Samples: Trust Agreement (Nationsfinancial Funding Corp)

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