Common use of Possession of Business Files Clause in Contracts

Possession of Business Files. (a) Upon the issuance of the Notes and Certificates, the ownership of each Business Note, the Mortgage, if applicable, and the contents of the related Business File relating to the Initial Business Loans is, and upon each Subsequent Transfer Date the ownership of each Business Note, the Mortgage, if applicable, and the contents of the related Business File relating to the applicable Subsequent Business Loans will be, vested in the Trust for the benefit of the Noteholders and Certificateholders, as the case may be.