Certificates of the Issuer. To the extent applicable the Company and the Guarantors shall comply with (a) Section 314(b) of the Trust Indenture Act, relating to the Opinions of Counsel regarding the Lien of the Collateral Documents, and (b) Section 314(d) of the Trust Indenture Act, relating to the release of Collateral from the Lien of the Collateral Documents and Officers' Certificates or other documents regarding fair value of the Collateral. Any certificate or opinion required by Section 314(d) of the Trust Indenture Act may be made by an officer or employee of the Company to the extent permitted by Section 314(d) of the Trust Indenture Act.
Appears in 2 contracts
Sources: Senior Secured Note Indenture (SLM International Inc /De), Senior Secured Note Indenture (SLM International Inc /De)
Certificates of the Issuer. To the extent applicable the Company and the Guarantors shall comply with (a) Section 314(b) of the Trust Indenture Act, relating to the Opinions of Counsel regarding the Lien of the Collateral Documents, and (b) Section 314(d) of the Trust Indenture Act, relating to the release of Collateral from the Lien of the Collateral Documents and Officers' Certificates or other documents regarding fair value of the Collateral. Any certificate or opinion required by Section 314(d) of the Trust Indenture Act may be made by an officer or employee of the Company or any other obligor upon the Securities, as applicable, to the extent permitted by Section 314(d) of the Trust Indenture Act.
Appears in 1 contract
Sources: Senior Secured Note Indenture (SLM International Inc /De)