Common use of Declaration of Trust; Transfer of Assets Clause in Contracts

Declaration of Trust; Transfer of Assets. The Depositor, by delivering any Assets pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Assets, including all payments of principal and interest thereon received after the month in which the Settlement Date occurs. Concurrently with the Depositor’s transferring, assigning, setting over and otherwise conveying the Assets to the Trustee for a Pass-Through Pool, the Trustee accepts the Assets so conveyed and acknowledges that it holds the entire corpus of each Pass-Through Pool in trust for the exclusive benefit of the related Holders and shall deliver to, or on the order of, the Depositor, the Pass-Through Certificates issued by such Pass- Through Pool. The Administrator agrees to administer the related Pass-Through Pool and such issue of Pass-Through Certificates or Series in accordance with the terms of this Agreement. On the related Settlement Date and upon payment to the Depositor for any Pass-Through Certificate by a Holder, such Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Agreement.

Declaration of Trust; Transfer of Assets. The Depositor, by delivering any Assets pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Assets, including all payments of principal and interest thereon received after the month in which the Settlement Date occurs. Concurrently with the Depositor’s transferring, assigning, setting over and otherwise conveying the Assets to the Trustee for a Pass-Through Pool, the Trustee accepts the Assets so conveyed and acknowledges that it holds the entire corpus of each Pass-Pass- Through Pool in trust for the exclusive benefit of the related Holders and shall deliver to, or on the order of, the Depositor, the Pass-Through Certificates issued by such Pass- Pass-Through Pool. The Administrator agrees to administer the related Pass-Through Pool and such issue of Pass-Through Certificates or Series in accordance with the terms of this Agreement. On the related Settlement Date and upon payment to the Depositor for any Pass-Through Certificate by a Holder, such Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Agreement.

Declaration of Trust; Transfer of Assets. The Depositor, by delivering any Assets pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Assets, including all payments of principal and interest thereon received after the month in which the Settlement Date occurs. Concurrently with the Depositor’s transferring, assigning, setting over and otherwise conveying the Assets to the Trustee for a Pass-Through Pool, the Trustee accepts the Assets so conveyed and acknowledges that it holds the entire corpus of each Pass-Pass- Through Pool in trust for the exclusive benefit of the related Holders and shall deliver to, or on the order of, the Depositor, the Pass-Pass- Through Certificates issued by such Pass- Pass-Through Pool. The Administrator agrees to administer the related Pass-Through Pool and such issue of Pass-Through Certificates or Series in accordance with the terms of this Agreement. On the related Settlement Date and upon payment to the Depositor for any Pass-Through Certificate by a Holder, such Holder shall, by virtue thereof, acknowledgeacknowl- edge, accept and agree to be bound by all of the terms and conditions of this Agreement.

Declaration of Trust; Transfer of Assets. The Depositor, by delivering any Assets pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Assets, including all payments of principal and interest thereon received after the month in which the Settlement Date occurs. Concurrently with the Depositor’s transferring, assigning, setting over and otherwise conveying the Assets to the Trustee for a Pass-Through Pool, the Trustee accepts the Assets so conveyed and acknowledges that it holds the entire corpus of each Pass-Through Pool in trust for the exclusive benefit of the related Holders and shall deliver to, or on the order of, the Depositor, the Pass-Pass- Through Certificates issued by such Pass- Pass-Through Pool. The Administrator agrees to administer the related Pass-Through Pool and such issue of Pass-Through Certificates or Series in accordance with the terms of this Agreement. On the related Settlement Date and upon payment to the Depositor for any Pass-Through Certificate by a Holder, such Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Agreement.

Declaration of Trust; Transfer of Assets. The Depositor, by delivering any Assets pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Assets, including all payments of principal and interest thereon received after the month in which the Settlement Date occurs. Concurrently with the Depositor’s transferring, assigning, setting over and otherwise conveying the Assets to the Trustee for a Pass-Through Pool, the Trustee accepts the Assets so conveyed and acknowledges that it holds the entire corpus of each Pass-Through Pool in trust for the exclusive benefit of the related Holders and shall deliver to, or on the order of, the Depositor, the Pass-Pass- Through Certificates issued by such Pass- Through Pool. The Administrator agrees to administer the related Pass-Through Pool and such issue of Pass-Through Certificates or Series in accordance with the terms of this Agreement. On the related Settlement Date and upon payment to the Depositor for any Pass-Through Certificate by a Holder, such Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Agreement.