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Common use of Ownership by Trust Depositor of Initial Trust Certificate Clause in Contracts

Ownership by Trust Depositor of Initial Trust Certificate. On the Closing Date, the Trust Depositor or one of its affiliates shall hold a Trust Certificate evidencing 100% of the Certificate Interest.

Appears in 21 contracts

Sources: Trust Agreement (Harley Davidson Motorcycle Trust 2025-A), Trust Agreement (Harley Davidson Motorcycle Trust 2025-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2024-B)

Related Clauses

  • Owner Trustee May Own Trust Certificates and Notes
  • The Trust Certificates
  • Authentication of Trust Certificates
  • Trust Certificates and Transfer of Interests
  • Redemptions by Trustee; Purchases by Depositor

Sub-Clauses

  • Action by Owners with Respect to Certain Matters
  • Resignation or Removal of Owner Trustee
  • Covenants of the Trust Depositor
  • Accounting and Reports to the Certificateholder, Owners, the Internal Revenue Service and Others
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