Persons Deemed Certificateholder. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar, the Securities Administrator or any Certificate Paying Agent may treat the Certificateholder as the owner of such Certificate for the purpose of receiving distributions pursuant to Section 4.2 and for all other purposes whatsoever, and none of the Trust, the Owner Trustee, the Certificate Registrar, the Securities Administrator or any Certificate Paying Agent shall be bound by any notice to the contrary.
Appears in 6 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization Trust 2005-1), Owner Trust Agreement (FBR Securitization Trust 2005-4)
Persons Deemed Certificateholder. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, Trustee or the Certificate Registrar, the Securities Administrator or any Certificate Paying Agent Registrar may treat the Certificateholder Person in whose name a Certificate shall be registered in the Certificate Register as the owner Certificateholder of such Certificate for the purpose of receiving distributions pursuant to Section 4.2 Article V and for all other purposes whatsoever, and none of the Trust, neither the Owner Trustee, Trustee nor the Certificate Registrar, the Securities Administrator or any Certificate Paying Agent Registrar shall be bound affected by any notice to the contrary.
Appears in 3 contracts
Samples: Trust Agreement (Ally Wholesale Enterprises LLC), Trust Agreement (SWIFT Master Auto Receivables Trust), Trust Agreement (Wholesale Auto Receivables LLC)
