Common use of Liability of Certificateholders Clause in Contracts

Liability of Certificateholders. 9 Section 2.08. Title to Trust Property.............................................................................9 Section 2.09. Situs of Issuer.....................................................................................9 Section 2.10. Representations and Warranties of the Depositor.....................................................9 Section 2.11. Federal Income Tax Matters.........................................................................10 Section 2.12. Texas State Tax Matters............................................................................11 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS Section 3.01. Initial Ownership..................................................................................12 Section 3.02. The Certificates...................................................................................12 Section 3.03. Authentication and Delivery of Certificates........................................................12 Section 3.04. Registration, Transfer and Exchange of Certificates................................................12 Section 3.05. Mutilated, Destroyed, Lost or Stolen Certificates..................................................14 Section 3.06. Persons Deemed Certificateholders..................................................................14 Section 3.07. Access to List of Certificateholders' Names and Addresses..........................................15 Section 3.08. Maintenance of Office or Agency....................................................................15 Section 3.09. Appointment of Paying Agent........................................................................15 Section 3.10. Certificates Nonassessable and Fully Paid..........................................................16

Liability of Certificateholders. 9 8 Section 2.08. Title to Trust Property.............................................................................9 .............................................. 8 Section 2.09. Situs of Issuer........................................................................................................................................... 9 Section 2.10. Representations and Warranties of the Depositor........................................................................... 9 Section 2.11. Federal Income Tax Matters.................................................................................................................... 10 Section 2.12. Texas State Tax Matters............................................................................11 ARTICLE THREE TRUST CERTIFICATES AND TRANSFER OF INTERESTS Section 3.01. Initial Ownership...................................................................................................................................... 12 Section 3.02. The Certificates........................................................................................................................................ 12 Section 3.03. Authentication and Delivery of Certificates.................................................................................. 12 Section 3.04. Registration, Registration of Transfer and Exchange of Certificates................................................12 ................ 13 Section 3.05. Mutilated, Destroyed, Lost or Stolen Certificates...................................................................... 14 Section 3.06. Persons Deemed Certificateholders..................................................................14 Holders............................................... 15 Section 3.07. Access to List of Certificateholders' Names and Addresses...................................................... 15 Section 3.08. Maintenance of Office or Agency.......................................................................................................... 15 Section 3.09. Appointment of Paying Agent........................................................................15 .......................................... 16 Section 3.10. Certificates Nonassessable and Fully Paid..........................................................16Book-Entry Certificates.............................................. 16 Section 3.11. Notices to Clearing Agency........................................... 17 Section 3.12. Definitive Certificates.............................................. 17

Liability of Certificateholders. 9 7 Section 2.08. Title to Trust Property.............................................................................9 ................................................... 7 Section 2.09. Situs of Issuer.....................................................................................9 ........................................................... 7 Section 2.10. Representations and Warranties of the Depositor.....................................................9 ........................... 8 Section 2.11. Federal Income Tax Matters.........................................................................10 Section 2.12. Texas State Tax Matters............................................................................11 ................................................ 9 ARTICLE THREE TRUST CERTIFICATES AND TRANSFER OF INTERESTS Section 3.01. Initial Ownership..................................................................................12 ......................................................... 10 Section 3.02. The Certificates...................................................................................12 .......................................................... 10 Section 3.03. Authentication and Delivery of Certificates........................................................12 ............................... 10 Section 3.04. Registration, Transfer and Exchange of Certificates................................................12 ....................... 10 Section 3.05. Mutilated, Destroyed, Lost or Stolen Certificates..................................................14 ......................... 12 Section 3.06. Persons Deemed Certificateholders..................................................................14 ......................................... 12 Section 3.07. Access to List of Certificateholders' Names and Addresses..........................................15 ................. 13 Section 3.08. Maintenance of Office or Agency....................................................................15 ........................................... 13 Section 3.09. Appointment of Paying Agent........................................................................15 Section 3.10. Certificates Nonassessable and Fully Paid..........................................................16............................................... 13 ARTICLE FOUR