Common use of CREATION OF TRUST ESTATE Clause in Contracts

CREATION OF TRUST ESTATE. (a) Upon the execution of this Agreement by the parties hereto, there is hereby created for the benefit of the Noteholders and the Note Insurer the Midland Receivables-Backed Notes, Series 1998-1

CREATION OF TRUST ESTATE. (a) Upon the execution of this Agreement by the parties hereto, there is hereby created for the benefit of the Noteholders and the Note Insurer the Midland Creditrust Receivables-Backed Notes, Series 19981999-1

CREATION OF TRUST ESTATE. (a) Upon the execution of this Agreement by the parties hereto, there is hereby created for the benefit of the Noteholders and the Note Insurer the Midland Receivables-Backed Notes, Series 19981999-1