Initial Assets. Pursuant to the Original Agreement, MMCA, as Beneficial Owner, granted, assigned, transferred, conveyed and set over to MART, as of the date thereof, the sum of $100. The Trustee, on behalf of MART, has acknowledged receipt in trust from the Beneficial Owner, as of the date thereof, of the foregoing contribution, which constituted the initial assets of MART.
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Samples: Trust Agreement (Mmca Auto Owner Trust 2001-4), Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Owner Trust 2000-2)
Initial Assets. Pursuant to the Original Agreement, MMCA, as Beneficial Owner, granted, assigned, transferred, conveyed and set over to MARTMART II, as of the date thereof, the sum of $100. The Trustee, on behalf of MARTMART II, has acknowledged receipt in trust from the Beneficial Owner, as of the date thereof, of the foregoing contribution, which constituted the initial assets of MARTMART II.
Appears in 2 contracts
Samples: Trust Agreement (Mmca Auto Owner Trust 2002-4), Trust Agreement (Mmca Auto Owner Trust 2002-5)
Initial Assets. Pursuant to the Original Agreement, MMCA, as Beneficial Owner, granted, assigned, transferred, conveyed and set over to MART, as of the date thereof, the sum of $100. The Trustee, on behalf of MART, has acknowledged receipt in trust from the Beneficial Owner, as of the date thereof, of the foregoing contributioncontribu tion, which constituted the initial assets of MART.
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