Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 and until the issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 10 contracts
Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 2.01 hereof and until the issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 9 contracts
Samples: Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Nelnet Student Loan Trust 2009-2), Trust Agreement (Nelnet Student Loan Trust 2008-1)
Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 and until the initial issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Transworld Insurance Co), Trust Agreement (PNC Bank National Association/)
Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 2.05 and until the issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
Initial Beneficial Ownership. Upon the formation of the Trust by and the contribution by the Depositor pursuant to Section 2.5 and until the initial issuance of the Trust Certificates, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
Initial Beneficial Ownership. Upon the formation of the Trust by the contribution by the Depositor Depositors pursuant to Section 2.5 and until the initial issuance of the Trust Certificates, the Depositor Depositors shall be the sole beneficial owner owners of the Trust.
Appears in 1 contract
Samples: Trust Agreement (Classnotes Inc)
