Common use of Identity of the Assets Clause in Contracts

Identity of the Assets. In consideration for the transfer of the related Assets by the Depositor to a Pass-Through Pool, the Depositor (i) shall receive the Pass-Through Certificates issued by such Pass-Through Pool and (ii) may retain such Pass-Through Certificates or transfer them to the related Asset seller or otherwise, as the Depositor deems appropriate. With respect to each Pass-Through Pool, the Assets included therein may be identified in the related Terms Supplement and/or may be identified on the books and records of the Depositor and the Administrator.

Identity of the Assets. In consideration for the transfer of the related Assets by the Depositor to a Pass-Through Pool, the Depositor (i) shall receive the Pass-Through Certificates issued by such Pass-Through Pool and (ii) may retain such Pass-Through Certificates or transfer them to the related Asset seller or otherwise, as the Depositor deems appropriate. With respect to each Pass-Pass- Through Pool, the Assets included therein may be identified in the related Terms Supplement and/or may be identified on the books and records of the Depositor and the Administrator.