FTA To Hold Original SBA Lender Notes; Possession of Loan Documents. (a) SBA Lender will deliver all original Notes relating to the Initial SBA Loans (as defined in the Pooling and Servicing Agreement) to FTA prior to the issuance of the Certificates and SBA Lender will deliver all original Notes relating to the Subsequent SBA Loans (as defined in the Pooling and Servicing Agreement) to FTA prior to each Subsequent Transfer of the Subsequent SBA Loans. Each Note will be endorsed by means of an allonge (an endorsement of the Note constituting a separate piece of paper) as follows: "Pay to the order of Marine Midland Bank, and its successors and assigns, as trustee under the Pooling and Servicing Agreement dated as of December 1, 1997, for the benefit of the United States Small Business Administration and the holders of Business Loan Center SBA Loan-Backed Certificates, Series 1997-1, Class A and Class B as their respective interests may appear, without recourse." Upon receiving the Note, FTA will deliver to SBA Lender and the Trustee a receipt for such Note in the form of Exhibit 1.
FTA To Hold Original SBA Lender Notes; Possession of Loan Documents. (a) SBA Lenders will deliver all original Notes relating to the Initial SBA Loans (as defined in the Pooling and Servicing Agreement) to FTA, accompanied by a receipt completed for each applicable Note in the form of Exhibit 1 hereto prior to the issuance of the Certificates and SBA Lenders will deliver all original Notes relating to the Subsequent SBA Loans (as defined in the Pooling and Servicing Agreement) to FTA, accompanied by a receipt completed for each applicable Note in the form of Exhibit 1 hereto prior to each Subsequent Transfer of the Subsequent SBA Loans. Each Note will be endorsed by means of an allonge (an endorsement of the Note constituting a separate piece of paper) as follows: "Pay to the order of HSBC Bank USA, and its successors and assigns, as trustee under the Pooling and Servicing Agreement dated as of February 28, 1999, for the benefit of the United States Small Business Administration and the holders of The Money Store SBA Loan Backed Certificates, Series 1999-1, Class A, Class M and Class B as their respective interests may appear, without recourse." Upon receiving the Note, FTA will deliver to the Trustee a receipt for such Note and a copy of such receipt to TMSIC in the form of Exhibit 1.
FTA To Hold Original SBA Lender Notes; Possession of Loan Documents. (a) SBA Lenders will deliver all original Notes to FTA prior to the issuance of the Certificates. Each Note will be endorsed by means of an allonge (an endorsement of the Note constituting a separate piece of paper) as follows: "Pay to the order of Marine Midland Bank, and its successors and assigns, as trustee under the Pooling and Servicing Agreement dated as of August 31, 1997, for the benefit of the United States Small Business Administration and the holders of The Money Store SBA Loan Backed Certificates, Series 1997-1, Class A and Class B as their respective interests may appear, without recourse." Upon receiving the Note, FTA will deliver to the SBA Lenders and the Trustee a receipt for such Note in the form of Exhibit 1.
