Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has assigned, granted and transferred, over to the Owner Trustee, as of the date of the Original Trust Agreement, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreement, of the foregoing contribution, which constituted the initial Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (Capital One Funding, LLC), Trust Agreement (Capital One Master Trust), Trust Agreement (Capital One Master Trust)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has assignedhereby sells, granted assigns, grants and transferredtransfers, over to the Owner Trustee, as of the date of the Original Trust Agreementhereof, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreementhereof, of the foregoing contribution, which constituted shall constitute the initial Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (CNH Wholesale Receivables Inc), Trust Agreement (Carco Auto Loan Master Trust), Trust Agreement (CNH Wholesale Receivables Inc)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has assignedhereby assigns, granted grants and transferred, transfers over to the Owner Trustee, as of the date of the Original Trust Agreementhereof, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreementhereof, of the foregoing contribution, which constituted constitutes the initial Trust Estate.
Appears in 3 contracts
Samples: Trust Agreement (Discover Bank), Trust Agreement (Discover Card Master Trust I), Trust Agreement (Discover Bank)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has sold, assigned, granted and transferred, over to the Owner Trustee, as of the date of the Original Trust Agreement, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreement, of the foregoing contribution, which constituted the initial Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (BA Credit Card Trust), Trust Agreement (Mbna America Bk Nat Assoc Mbna Master Credit Card Trust Ii)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Each Beneficiary has assignedhereby sells, granted assigns, grants and transferredtransfers, over to the Owner Trustee, as of the date of the Original Trust Agreementhereof, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the BeneficiaryBeneficiaries, as of the date of the Original Trust Agreementhereof, of the foregoing contribution, which constituted shall constitute the initial Trust Estate.
Appears in 2 contracts
Samples: Trust Agreement (Citibank Credit Card Master Trust I), Trust Agreement (Citibank Nevada National Association)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary Funding, as the initial beneficiary of the Trust, has sold, assigned, granted and transferred, transferred over to the Owner TrusteeTrust, as of the date of the Original Trust Agreement, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiarytrust, as of the date of the Original Trust Agreement, of the foregoing contribution, which constituted the initial Trust Estate.
Appears in 1 contract
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Each Beneficiary has assignedhereby sells, granted assigns, grants and transferredtransfers, over to the Owner Trustee, as of the date of the Original Trust Agreementhereof, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the BeneficiaryBeneficiaries, as of the date of the Original Trust Agreementhereof, of the foregoing contribution, which constituted will constitute the initial Trust Estate.
Appears in 1 contract
Samples: Trust Agreement (Citibank Credit Card Issuance Trust)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has assignedhereby assigns, granted grants and transferredtransfers, over to the Owner Trustee, as of the date of the Original Trust Agreementhereof, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreementhereof, of the foregoing contribution, which constituted constitutes the initial Trust Estate.
Appears in 1 contract
Samples: Discover Card Execution Note Trust (Discover Card Master Trust I)
Transfer of Property to Trust; Initial Capital Contribution of Trust Estate. The Beneficiary has sold, assigned, granted and transferred, over to the Owner Trustee, on behalf of the Trust, as of the date of the Original Trust Agreement, $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of the date of the Original Trust Agreement, of the foregoing contribution, which constituted the initial Trust Estate.
Appears in 1 contract
