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.
Appears in 55 contracts
Sources: Trust Agreement (Ally Auto Receivables Trust 2016-1), Trust Agreement (Ally Auto Receivables Trust 2016-1), Trust Agreement (Capital Auto Receivables LLC)
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 Certificateholderbeneficial owner of the Trust.
Appears in 49 contracts
Sources: Trust Agreement (Ally Auto Receivables Trust 2025- 1), Trust Agreement (Ally Auto Receivables Trust 2025- 1), Trust Agreement (Ally Auto Receivables Trust 2024-2)
Initial Certificate Ownership. Since the formation of the Trust by and until the contribution by issuance of the Depositor pursuant to Section 2.5Certificates, the Depositor has been the sole Certificateholderbeneficiary of the Trust.
Appears in 38 contracts
Sources: Trust Agreement (Carvana Receivables Depositor LLC), Trust Agreement (Carvana Auto Receivables Trust 2024-P2), Trust Agreement (Carvana Auto Receivables Trust 2024-P2)
Initial Certificate Ownership. Since As of the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5, the Depositor has been the sole Certificateholder.
Appears in 25 contracts
Sources: Trust Agreement (Capital Auto Receivables LLC), Trust Agreement (Ally Auto Receivables Trust 2011-3), Trust Agreement (Ally Auto Receivables Trust 2011-3)
Initial Certificate Ownership. Since Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.52.5 and until the issuance of the Certificates, the Depositor has been shall be the sole Certificateholderowner of the Trust.
Appears in 8 contracts
Sources: Trust Agreement (Bear Stearns Asset Backed Securities Inc), Trust Agreement (Imc Home Equity Loan Owner Trust 1998-7), Trust Agreement (Amresco Residential Securities Corp)
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 Certificateholderbeneficial owner.
Appears in 3 contracts
Sources: Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC), Trust Agreement (Ally Auto Assets LLC)
Initial Certificate Ownership. Since Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.52.05 and until the issuance of the Residual Interest Certificate, the Depositor has been shall be the sole Certificateholderbeneficiary of the Trust.
Appears in 1 contract
Sources: Trust Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
Initial Certificate Ownership. Since Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5, the Depositor has been shall be the sole initial beneficiary of the Trust. Upon the execution and the initial delivery of Certificates pursuant to Section 3.3 below, the Depositor shall be the only Certificateholder.
Appears in 1 contract
Sources: Trust Agreement (Banc One Abs Corp)