Common use of Transfers of CIA Certificates; Legends Clause in Contracts

Transfers of CIA Certificates; Legends. (a) No CIA Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless the Assignee shall have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. -------- Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless the Assignee shall -------- have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any attempted Transfer that -------- ------- would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any time be more than 10 CIA -------- ------- Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA Certificate -------------------------------------- or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. Any -------- Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless -------- the Assignee shall have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any -------- ------- attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any -------- ------- time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this -------- Section 11. Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred Trans ferred to any Person (each, an "Assignee"), unless the Assignee shall have executed and delivered the -------- certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, -------- further, that any attempted Transfer that would cause the number of Targeted ------- Holders to exceed ninety-nine shall be void; and provided, further, that there -------- ------- shall not at any time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. -------- Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless -------- the Assignee shall have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any -------- ------- attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any -------- ------- time be more than 10 CIA Certificateholders or such other number as may be consented con- sented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this -------- Section 1112. Any Transfer of a CIA Certificate otherwise permitted by this Section 11 12 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless the Assignee shall have executed and delivered the -------- certification referred to in subsection 11(e12(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 12 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, -------- further, that any attempted Transfer that would cause the number of Targeted ------- Holders to exceed ninety-nine shall be void; and provided, further, that there -------- ------- shall not at any time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. -------- Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless -------- the Assignee shall have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any -------- ------- attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any -------- ------- time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this Section 11. Any -------- Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless -------- the Assignee shall have executed and delivered the certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, further, that any -------- ------- attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any -------- ------- time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.

Transfers of CIA Certificates; Legends. (a) No CIA -------------------------------------- Certificate or any interest therein may be sold (including in the initial offering), conveyed, assigned, hypothecated, pledged, participated, or otherwise transferred (each, a "Transfer") except in accordance with this -------- Section 11. Any Transfer of a CIA Certificate otherwise permitted by this Section 11 will be permitted only if it consists of a pro rata percentage --- ---- interest in all payments made with respect to such Holder's CIA Certificates and no Transfers of partial interests in a CIA Certificate shall be permitted. No CIA Certificate or any interest therein may be Transferred to any Person (each, an "Assignee"), unless the Assignee shall have executed and delivered the -------- certification referred to in subsection 11(e) below and each of the Transferor and the Servicer shall have granted its prior consent thereto. Such consent shall be granted (assuming that all other conditions specified in this Section 11 to such Transfer are satisfied) unless the Transferor determines in its sole and absolute discretion that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, -------- further, that ------- any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void; and provided, further, that there shall not at any -------- ------- time be more than 10 CIA Certificateholders or such other number as may be consented to by the Transferor which consent may be withheld in its sole and absolute discretion.