Initial Certificate Ownership. Since the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5, the Depositor has been the sole Certificateholder.
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to Section 2.5 and until the issuance of the Certificates, the Seller shall be the sole beneficiary of the Trust.
Initial Certificate Ownership. 4 SECTION 3.2 FORM OF THE CERTIFICATES.....................................................................4 SECTION 3.3 EXECUTION, AUTHENTICATION AND DELIVERY.......................................................5 SECTION 3.4 REGISTRATION; REGISTRATION OF TRANSFER AND EXCHANGE OF CERTIFICATES..........................5 SECTION 3.5 MUTILATED, DESTROYED, LOST OR STOLEN CERTIFICATES............................................6 SECTION 3.6 PERSONS DEEMED CERTIFICATEHOLDERS............................................................7 SECTION 3.7 ACCESS TO LIST OF CERTIFICATEHOLDERS' NAMES AND ADDRESSES....................................7 SECTION 3.8 MAINTENANCE OF CORPORATE TRUST OFFICE........................................................7 SECTION 3.9
Initial Certificate Ownership. 4 SECTION 3.2 FORM OF THE CERTIFICATES.................................................. 4 SECTION 3.3 EXECUTION, AUTHENTICATION AND DELIVERY.................................... 5 SECTION 3.4 REGISTRATION; REGISTRATION OF TRANSFER AND EXCHANGE OF CERTIFICATES...
Initial Certificate Ownership. 5 SECTION 3.2 FORM OF THE CERTIFICATES....................................................................5 SECTION 3.3 EXECUTION, AUTHENTICATION AND DELIVERY......................................................5 SECTION 3.4 REGISTRATION OF CERTIFICATES; REGISTRATION OF TRANSFER AND EXCHANGE OF CERTIFICATES................................................................................5 SECTION 3.5 MUTILATED, DESTROYED, LOST OR STOLEN CERTIFICATES...........................................7 SECTION 3.6 PERSONS DEEMED CERTIFICATEHOLDERS...........................................................8 SECTION 3.7 ACCESS TO LIST OF CERTIFICATEHOLDERS' NAMES AND ADDRESSES...................................8 SECTION 3.8 MAINTENANCE OF CORPORATE TRUST OFFICE.......................................................8 SECTION 3.9 APPOINTMENT OF PAYING AGENT.................................................................9 SECTION 3.10 [RESERVED.].................................................................................9 SECTION 3.11 [RESERVED.].................................................................................9 SECTION 3.12 NOTICES TO CLEARING AGENCY..................................................................9 SECTION 3.13
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to SECTION 2.5 and until the issuance of the Certificates, the Seller shall be the sole Certificateholder.