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.
Appears in 10 contracts
Sources: Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc)
Initial Certificate Ownership. Upon the formation of the Trust by the contribution by the Seller pursuant to Section SECTION 2.5 and until the issuance of the Certificates, the Seller shall be the sole Certificateholder.
Appears in 1 contract