Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Certificates to the Initial Holders.
Appears in 23 contracts
Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Aames Mortgage Investment Trust 2006-1), Trust Agreement (Aames Mortgage Investment Trust 2005-4)
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Class S Certificates to the Initial HoldersDepositor.
Appears in 6 contracts
Samples: Trust Agreement (SACO I Trust 2006-8), Trust Agreement (GSR Trust 2005-Hel1), Trust Agreement (SACO I Trust 2006-1)
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor and the filing of the Certificate of Trust pursuant to Section 2.05, the Owner Trustee Trust will issue the Trust Certificates to the Initial HoldersHolder.
Appears in 4 contracts
Samples: Trust Agreement (Saxon Asset Securities Trust 2005-1), Trust Agreement (Saxon Asset Securities Trust 2004-2), Trust Agreement (Saxon Asset Securities Trust 2004-3)
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Class G, Class CE and Class R Certificates to the Initial HoldersDepositor.
Appears in 1 contract
Samples: Trust Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1)
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Class I-S Certificates to the Initial HoldersDepositor.
Appears in 1 contract
Samples: Trust Agreement (Bear Stearns Second Lien Trust 2007-1)
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Class I-S Certificates and the Class II-S Certificates to the Initial HoldersDepositor.
Appears in 1 contract
Issuance of Initial Certificates. Upon the formation of the Trust by the initial contribution by the Depositor pursuant to Section 2.05, the Owner Trustee will issue the Certificates Certificate to the Initial HoldersHolder.
Appears in 1 contract
