Common use of Ownership of the Trust Clause in Contracts

Ownership of the Trust. On the Closing Day the ownership interests in the Trust and the subtrusts shall be transferred as set forth in Section 4.2 hereof, such transfer to be evidenced by sale of the Certificates as described therein. Thereafter, transfer of any ownership interest shall be governed by Sections 5.4 and 5.8 hereof.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1996-4), Pooling and Servicing Agreement (Advanta Revolving Home Equity Loan Trust 1996-A)

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Ownership of the Trust. On the Closing Day Date, the ownership interests in the Trust and the subtrusts shall be transferred as set forth in Section 4.2 hereof4.02, such transfer to be evidenced by sale of the Certificates as described thereinin Section 4.02. Thereafter, transfer of any ownership interest shall be governed by Sections 5.4 and 5.8 hereofArticle V of this Agreement.

Appears in 2 contracts

Samples: Master Servicing and Trust Agreement (Gs Mortgage Securities Corp Gsamp Trust 2004-Sea1), Trust and Servicing Agreement (Gs Mortgage Securities Corp)

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Ownership of the Trust. On the Closing Day Date, the ownership interests in the Trust and the subtrusts shall be transferred as set forth in Section 4.2 hereofSECTION 4.02, such transfer to be evidenced by sale of the Certificates as described thereinin SECTION 4.02. Thereafter, transfer of any ownership interest shall be governed by Sections 5.4 and 5.8 hereofArticle V of this Agreement.

Appears in 1 contract

Samples: Trust and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Cert Ser 2003-1)

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