Common use of Persons Deemed Certificateholders Clause in Contracts

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Indenture and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Holder of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Seller, the Servicer, the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar Registrar, or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by --------------------------------- virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be is deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer Security Insurer, and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person in whose name any Certificate shall will be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall will be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Clearing Agency shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder or Owner in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Owner of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar [and the Note Insurer Insurer] and any agent of the Owner Trustee, the Certificate Registrar [and the Note Insurer, ,] may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar [or the Note Insurer Insurer] nor any agent of the Owner Trustee, the Certificate Registrar [or the Note Insurer Insurer] shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar Registrar, and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar Registrar, the Insurer or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder or Owner in accordance with this Agreement and the rules and regulations of the Clearing Agency shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfertransfer or exchange, the Owner Trustee, the Certificate Registrar and the Note Insurer Indenture Trustee and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, Indenture Trustee may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner TrusteeTrustee (as such and in its individual capacity), the Certificate Registrar or the Note Insurer Indenture Trustee nor any agent of the Owner Trustee, Trustee (as such and in its individual capacity) or the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Owner of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be is deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer Security Insurer, and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person in whose name any Certificate shall will be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall will be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue --------------------------------- of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be is deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person in whose name any Certificate shall will be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall will be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person person by --------------------------------- virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Holder of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Seller, the Servicer, the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar Registrar, or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder or Owner in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Owner of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person person by virtue --------------------------------- of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Holder of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Seller, the Servicer, the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar Registrar, or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Except as otherwise stated herein, every Person by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Insurer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving any distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar [and the Note Insurer Insurer] and any agent of the Owner Trustee, the Certificate Registrar [and the Note Insurer], may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar [or the Note Insurer Insurer] nor any agent of the Owner Trustee, the Certificate Registrar [or the Note Insurer Insurer] shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Security Insurer and any agent of the Owner Trustee, the Certificate Registrar and the Note Security Insurer, may treat the person Person in whose name any Trust Certificate shall be registered in the Certificate Register as the owner Owner of such Trust Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Section 5.2 and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Security Insurer nor any agent of the Owner Trustee, the Certificate Registrar Registrar, or the Note Security Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer and any agent of the Owner 16 <PAGE> Trustee, the Certificate Registrar and the Note Insurer, may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary. SECTION 3.7.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a the Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar [and the Note Insurer Security Insurer] and any agent of the Owner Trustee, the Certificate Registrar [and the Note Security Insurer], may treat the person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar [or the Note Insurer Security Insurer] nor any agent of the Owner Trustee, the Certificate Registrar [or the Note Insurer Security Insurer] shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and Registrar, the Note Trust Collateral Agent, the Class A Insurer and any agent of the Owner Trustee, the Certificate Registrar Trust Collateral Agent, the Class A Insurer and the Note InsurerCertificate Registrar, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Trust Collateral Agent, the Class A Insurer or the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Class A Insurer or the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and Registrar, the Note Insurer Trust Collateral Agent and any agent of the Owner Trustee, the Certificate Registrar Trust Collateral Agent and the Note InsurerCertificate Registrar, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Trust Collateral Agent nor the Certificate Registrar or the Note Insurer nor any agent of the Owner Trustee, the Trust Collateral Agent nor the Certificate Registrar or the Note Insurer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person --------------------------------- by virtue of becoming a Certificateholder in accordance with this Agreement and the rules and regulations of the Certificate Registrar shall be deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar and the Note Insurer Credit Enhancer and any agent of the Owner Trustee, the Certificate Registrar and the Note InsurerCredit Enhancer, may treat the person Person in whose name any Certificate shall be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement Indenture and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar or the Note Insurer Credit Enhancer nor any agent of the Owner Trustee, the Certificate Registrar or the Note Insurer Credit Enhancer shall be bound by any notice to the contrary.

Persons Deemed Certificateholders. Every Person by virtue of becoming a Certificateholder in accordance with this Agreement shall be is deemed to be bound by the terms of this Agreement. Prior to due presentation of a Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar [and the Note Insurer Security Insurer], and any agent of the Owner Trustee, the Certificate Registrar [and the Note Security Insurer], may treat the person in whose name any Certificate shall will be registered in the Certificate Register as the owner of such Certificate for the purpose of receiving distributions pursuant to the Sale and Servicing Agreement and the Spread Account Agreement and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar [or the Note Insurer Security Insurer] nor any agent of the Owner Trustee, the Certificate Registrar [or the Note Insurer shall Security Insurer] will be bound by any notice to the contrary.