Common use of Initial Capital Contribution to the Trust Clause in Contracts

Initial Capital Contribution to the Trust. The Transferor hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Transferor, as of the date hereof, of the foregoing contribution, which shall constitute the initial property of the Trust. The Transferor shall pay organizational expenses of the Trust as they may arise.

Initial Capital Contribution to the Trust. The Transferor hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Transferor, as of the date hereof, of the foregoing contribution, which shall constitute the initial property of the Trust. The Transferor shall pay organizational expenses of the Trust as they may arise. SECTION 2.6.