Common use of No Legal Title to Trust Clause in Contracts

No Legal Title to Trust. Estate in the Agent Certificate Holder. The Certificate Holders shall not have legal title to any part of the Trust Estate. No transfer, by operation of law or otherwise, of any right, title and interest of any Certificate Holder in and to the Trust Estate or hereunder, or insolvency, dissolution or other termination of any Certificate Holder, shall operate to terminate this Trust Agreement or the trusts created hereby or entitle any successor or transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

No Legal Title to Trust. Estate in the Agent Certificate HolderOwnership Certificateholder. The Certificate Holders Ownership Certificateholder shall not have legal title to any part of the Trust Estate; provided, however, that the Ownership Certificateholder has a beneficial interest in the Trust Estate. No transfer, transfer by operation of law Law or otherwise, otherwise of any right, title and or interest of any Certificate Holder the Ownership Certificateholder in and to the Trust Estate or hereunder, or insolvency, dissolution or other termination of any Certificate Holder, hereunder shall operate to terminate this Deposit Trust Agreement or the Trust or the trusts created hereby hereunder or entitle any successor or transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

No Legal Title to Trust. Estate in the Agent Certificate HolderCertificateholders. The Certificate Holders Certificateholders shall not have legal title to any part of the Trust Estate; provided, however, that the Certificateholders have a beneficial interest in the Trust Estate (and initially shall have all right, title and interest in and to the Owner Trust Certificates). No transfer, transfer by operation of law or otherwise, otherwise of any right, title and or interest of any Certificate Holder the Certificateholders in and to the Trust Estate or hereunder, or insolvency, dissolution or other termination of any Certificate Holder, hereunder shall operate to terminate this Trust Agreement or the Trust or the trusts created hereby hereunder or entitle any successor or transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

No Legal Title to Trust. Estate in the Agent Certificate HolderHolders. The --------------------------------------------------------- Certificate Holders shall not have legal title to any part of the Trust Estate; provided, that the Certificate Holders have a beneficial interest in the Trust -------- Estate. No transfer, by operation of law or otherwise, of any right, title and or interest of any the Certificate Holder Holders in and to the Trust Estate or hereunder, or insolvency, dissolution or other termination of any Certificate Holder, hereunder shall operate to terminate this Trust Agreement or the trusts created hereby or entitle any successor or transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

No Legal Title to Trust. Estate in the Agent Certificate HolderHolders. --------------------------------------------------------- The Certificate Holders shall not have legal title to any part of the Trust Estate; provided, that the Certificate Holders have a beneficial interest in the -------- Trust Estate. No transfer, by operation of law or otherwise, of any right, title and or interest of any the Certificate Holder Holders in and to the Trust Estate or hereunder, or insolvency, dissolution or other termination of any Certificate Holder, hereunder shall operate to terminate this Trust Agreement or the trusts created hereby or entitle any successor or transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.