Common use of Transfer of Trust Estate to Owner Trustee Clause in Contracts

Transfer of Trust Estate to Owner Trustee. (a) Effective as of the date hereof, the Depositor does hereby assign, transfer, and otherwise convey to, and deposit with, the Trust, until this Agreement terminates pursuant to Section 8.01, the entire Trust Estate, such conveyance to be made in exchange for the Notes and the Certificates. Such assignment includes, without limitation, all amounts payable to and all rights of the holder of the Collateral pursuant to this Agreement.

Appears in 7 contracts

Samples: Trust Agreement (Origen Residential Securities, Inc.), Trust Agreement (Origen Residential Securities, Inc.), Trust Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B)

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Transfer of Trust Estate to Owner Trustee. (a) Effective as of the date hereof, the Depositor does hereby assign, transfer, and otherwise convey to, and deposit with, the Trust, until this Agreement terminates pursuant to Section 8.01, the entire Trust Estate, such conveyance to be made in exchange for the Notes Bonds and the Certificates. Such assignment includes, without limitation, all amounts payable to and all rights of the holder of the Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2003-9f), Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2003-2f), Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2002 9f)

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