CERTIFICATE OWNERS Sample Clauses

CERTIFICATE OWNERS. Registered Owners, Beneficial Owners, Eligible Participants, and Depositors as Parties; Binding Effect.
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CERTIFICATE OWNERS. Section 3.1 Registered Owners, Beneficial Owners, Eligible Participants, and Depositors as Parties; Binding Effect. (a) The Registered Owners, Beneficial Owners, Eligible Participants, and Depositors from time to time shall be bound by all the terms and conditions hereof by acceptance of Trust Certificates or any interest therein or by depositing Underlying Shares, as the case may be. Any Registered Owner or Beneficial Owner of Trust Units becomes a “beneficial owner” under the Act. (b) No Registered Owners, Beneficial Owners, Eligible Participants, or Depositors shall have any right to vote or in any manner otherwise to control the operation or management of the Trust or the obligations of the parties hereto. Except for applicable tax purposes, nothing set forth in this Agreement shall be construed to constitute the Registered Owners, Beneficial Owners, Eligible Participants, or Depositors from time to time as partners or members of an association, nor shall any Registered Owner, Beneficial Owner, Eligible Participant, or Depositors ever be liable to any third Person by reason of any action taken by the parties to this Agreement or for any other cause whatsoever. (c) Each Registered Owner, Beneficial Owner, Eligible Participant, and Depositor expressly waives any right such Registered Owner, Beneficial Owner, Eligible Participant, and Depositor may have under any rule of law, or the provisions of any statute, or otherwise, to require the Trust Administrator at any time to account, in any manner other than as expressly provided in this Agreement, with respect to the Trust Property from time to time received, held, and applied by the Trust Administrator hereunder.
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CERTIFICATE OWNERS. The person(s) or entity named on the Certificate Data Pages.
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CERTIFICATE OWNERS. The person(s) or entity named on the Certificate Data Pages. “You” or “your” refers to the Certificate Owner.
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Related to CERTIFICATE OWNERS

  • 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.

  • The Trust Certificates (a) The Trust Certificates shall be substantially in the form set forth in Exhibit A and shall be issued in minimum denominations of a one percent Percentage Interest in the Securitization Trust. Except for the issuance of Trust Certificates to the Depositor, no Trust Certificate may be sold, pledged or otherwise transferred to any Person except in accordance with Section 3.4 and any attempted sale, pledge or transfer in violation of such Section shall be null and void. The Trust Certificates may be in printed or in typewritten form, and may be executed on behalf of the Securitization Trust by manual or facsimile signature of an authorized officer of the Owner Trustee. Trust Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Securitization Trust, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Trust Certificates or did not hold such offices at the date of authentication and delivery of such Trust Certificates. If registration of a transfer of a Trust Certificate is permitted pursuant to Section 3.4, the transferee of such Trust Certificate shall become a Trust Certificateholder, and shall be entitled to the rights and subject to the obligations of a Trust Certificateholder hereunder, upon due registration of such Trust Certificate in such transferee’s name pursuant to Section 3.4. (b) Payments in respect of the Trust Certificates shall be payable to the Trust Certificateholders in accordance with Section 5.1.