Authentication of Certificate. Simultaneously with the assignment and transfer to the Trust of the Transferred Assets pursuant to the Transfer and Sale Agreement and the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee of the Financed Student Loans and the other Transferred Assets, respectively, the Delaware Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the order of the Depositor. No Certificate shall entitle its Holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication, executed by the Authentication Agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Certificate shall be dated the date of its authentication.
Appears in 1 contract
Authentication of Certificate. Simultaneously Concurrently with the assignment and transfer to the Trust acquisition of the Transferred Assets pursuant to Mortgage Loans by the Transfer and Sale Agreement and Trust, the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee or the Certificate Registrar shall cause each Class of Certificates to be issued in a Certificate Percentage Interest of 100.00%, to be executed on behalf of the Financed Student Loans and the other Transferred AssetsTrust, respectively, the Delaware Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, any vice president or any authorized officer, without further corporation action by the Depositor, in the authorized denomination. No A Certificate shall not entitle its Holder holder to any benefit under this Agreement, Trust Agreement or shall be valid for any purpose, purpose unless there shall appear on such Certificate a certificate of authenticationauthentication substantially in the form set forth in Exhibit A, Exhibit I, Exhibit K or Exhibit L executed by the Authentication AgentOwner Trustee or the Certificate Registrar, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Each Certificate shall be dated the date of its authentication.
Appears in 1 contract
Sources: Trust Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-Sl1)
Authentication of Certificate. Simultaneously Concurrently with the assignment and transfer initial sale of the Receivables to the Trust of the Transferred Assets pursuant to the Transfer and Sale Agreement and Servicing Agreement, the delivery Owner Trustee shall cause a single Certificate in an aggregate principal amount equal to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee initial Certificate Balance to be executed on behalf of the Financed Student Loans and the other Transferred AssetsTrust, respectively, the Delaware Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the written order of the DepositorTransferor, signed by its Chairman of the Board, its President, any Vice President, its Treasurer, its Secretary or any Assistant Treasurer, without further corporate action by the Transferor. No The Certificate shall not entitle its Holder holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such the Certificate a certificate of authenticationauthentication substantially in the form set forth in Exhibit A, executed by the Authentication AgentOwner Trustee or the Owner Trustee's authentication agent, by manual signature; such authentication shall constitute conclusive evidence that such the Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Certificate shall be dated the date of its authentication.
Appears in 1 contract
Sources: Trust Agreement (Metlife Capital Equipment Loan Trusts)
Authentication of Certificate. Simultaneously Concurrently with the assignment initial sale of the Receivables and transfer other Trust Property to the Trust pursuant to Section 2.01 of the Transferred Assets Sale and Servicing Agreement and the issuance of the Notes pursuant to the Transfer and Sale Agreement and the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee of the Financed Student Loans and the other Transferred Assets, respectivelyIndenture, the Delaware Trustee shall execute Owner Trustee, or the Certificate and Owner Trustee's authenticating agent, shall cause the one Certificate to be authenticated by the Authentication Agent and delivered to or upon the written order of the DepositorTransferor, signed by its president or any vice president, any assistant treasurer or any assistant secretary without further company action by the Transferor. No Certificate shall entitle its Holder holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authenticationauthentication substantially in the form set forth in Exhibit A, executed by the Authentication AgentOwner Trustee or the Owner Trustee's authenticating agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Each Certificate shall be dated the date of its authentication.
Appears in 1 contract
Sources: Trust Agreement (United Fidelity Auto Receivables Trust 2002-A)
Authentication of Certificate. Simultaneously with the assignment and transfer to the Trust of the Transferred Assets pursuant to the Transfer and Sale Agreement and the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee of the Financed Student Loans and the other Transferred AssetsTrust Property, respectively, the Delaware Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the order of the Depositor. No Certificate shall entitle its Holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication, executed by the Authentication Agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Certificate shall be dated the date of its authentication.
Appears in 1 contract
Authentication of Certificate. Simultaneously Concurrently with the assignment and transfer to the Trust acquisition of the Transferred Assets pursuant to Mortgage Loans by the Transfer and Sale Agreement and Trust, the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee or the Certificate Paying Agent shall cause each Class of Certificates to be issued in a Certificate Percentage Interest of 100.00%, to be executed on behalf of the Financed Student Loans and the other Transferred AssetsTrust, respectively, the Delaware Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, any vice president or any authorized officer, without further corporation action by the Depositor, in the authorized denomination. No A Certificate shall not entitle its Holder holder to any benefit under this Agreement, Trust Agreement or shall be valid for any purpose, purpose unless there shall appear on such Certificate a certificate of authenticationauthentication substantially in the form set forth in Exhibit A, Exhibit I, Exhibit K or Exhibit L executed by the Authentication Owner Trustee or the Certificate Paying Agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Each Certificate shall be dated the date of its authentication.
Appears in 1 contract
Sources: Trust Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Sl2)
Authentication of Certificate. Simultaneously with the assignment and transfer to the Trust of the Transferred Assets (as defined in the Depositor Transfer and Sale Agreement) pursuant to the Depositor Transfer and Sale Agreement and the delivery to the Co-Owner Trust Eligible Lender Trustee and the Co-Owner Trustee of the Financed Student Loans and the other Transferred AssetsTrust Property, respectively, the Delaware Owner Trustee shall execute the Certificate and shall cause the Certificate to be authenticated by the Authentication Agent and delivered to or upon the order of the Depositor. No Certificate shall entitle its Holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication, executed by the Authentication Agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee Bank of New York is hereby initially appointed Authentication Agent. The Certificate shall be dated the date of its authentication.
Appears in 1 contract
Authentication of Certificate. Simultaneously Concurrently with the assignment initial sale of the Receivables and transfer other Trust Property to the Trust pursuant to Section 2.01 of the Transferred Assets Sale and Servicing Agreement and the issuance of the Notes pursuant to the Transfer and Sale Agreement and the delivery to the Co-Owner Eligible Lender Trustee and the Co-Owner Trustee of the Financed Student Loans and the other Transferred Assets, respectivelyIndenture, the Delaware Trustee shall execute Owner Trustee, or the Certificate and Owner Trustee's authenticating agent, shall cause the one Certificate to be authenticated by the Authentication Agent authenticated, issued and delivered to or upon the written order of the DepositorTransferor, signed by its president or any vice president, any assistant treasurer or any assistant secretary without further company action by the Transferor. No Certificate shall entitle its Holder holder to any benefit under this Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authenticationauthentication substantially in the form set forth in Exhibit A, executed by the Authentication AgentOwner Trustee or the Owner Trustee's authenticating agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Co-Owner Trustee is hereby initially appointed Authentication Agent. The Each Certificate shall be dated the date of its authentication.
Appears in 1 contract