Authentication of the Certificate Clause Samples
The 'Authentication of the Certificate' clause establishes the requirement for verifying the legitimacy and validity of a certificate presented within a contractual or legal context. Typically, this involves confirming that the certificate has been issued by a recognized authority, is current, and has not been tampered with or revoked. By mandating such authentication, the clause ensures that only genuine and reliable certificates are accepted, thereby reducing the risk of fraud and enhancing trust between the parties involved.
Authentication of the Certificate. On the Closing Date, the Owner Trustee shall deliver the Certificate executed by the Owner Trustee on behalf of the Trust to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and deliver the Certificate to the Sponsor, without further Trust action. The Certificate shall not entitle the Certificateholder to any benefit under this Agreement or be valid for any purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Certificate Registrar, by manual or facsimile signature; such authentication shall constitute conclusive evidence, and the only evidence, that such Certificate shall have been duly authenticated and delivered hereunder. The Certificate shall be dated the date of its authentication.
Authentication of the Certificate. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificate to be executed on behalf of the Trust, authenticated and delivered to the Depositor. The Certificate shall not entitle its holder to any benefit under this Agreement, or be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Owner Trustee’s authentication agent, by manual signature; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. The Certificate shall be dated the date of its authentication.
Authentication of the Certificate. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificate in a principal amount equal to the initial Certificate Balance to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Seller, 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 Seller. The Certificate shall not entitle its Holder to any benefit under this Agreement, or be valid for any purpose, unless there shall appear on the Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature; such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. The Certificate shall be dated the date of its authentication.
Authentication of the Certificate. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, the Certificate evidencing the Subordinated Seller's Interest. The Certificate shall not entitle its holder to any benefit under this Agreement or be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Owner Trustee's authenticating agent, by manual or facsimile signature of a Trust Officer, and such authentication shall constitute conclusive evidence, and the only evidence, that such Certificate shall have been duly authenticated and delivered hereunder. The Certificate shall be dated the date of its authentication.
Authentication of the Certificate. As of the date hereof, the Owner Trustee shall cause the Certificate to be executed on behalf of the Trust, authenticated, issued and delivered upon written order of the Depositor signed by its manager, its president, any vice president, its secretary or its treasurer, without further action by the Depositor. Thereupon, such Certificate shall be duly authorized, validly issued and entitled to the benefits of this Agreement. The Certificate shall not entitle its holder to any benefit under this Agreement, or be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee or its authenticating agent, by manual signature, which authentication shall constitute conclusive evidence that the Certificate is entitled to the benefits of this Agreement and has been duly authenticated, duly authorized, validly issued and delivered hereunder. The Certificate shall be dated the date of its authentication.
Authentication of the Certificate. Concurrently with the acquisition of the Owner Trust Estate by the Trust, the Owner Trustee or the Certificate Registrar shall cause the Certificate in an initial aggregate Certificate Percentage Interest of 100.00% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president or any vice president, without further corporate action by the Depositor, in the authorized denomination. The Certificate shall not entitle its holder to any benefit under this Owner Trust Agreement or be valid for any purpose unless there shall appear on the Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Registrar, by manual signature; such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. The Certificate shall be dated the date of its authentication.