Common use of CONDITIONS TO TRANSFER OF CONVEYED ASSETS TO THE ISSUER Clause in Contracts

CONDITIONS TO TRANSFER OF CONVEYED ASSETS TO THE ISSUER. On or before the Closing Date, the Originator or the Issuer, as applicable, shall deliver or cause to be delivered to the Indenture Trustee each of the documents, certificates and other items as follows: (i) A certificate of an officer of the Originator substantially in the form of Exhibit C hereto; (ii) A certificate of an officer of the Issuer substantially in the form of Exhibit B hereto; (iii) Opinions of counsel for the Originator and the Issuer substantially in the form acceptable to the Underwriter and the Rating Agencies (and including as an addressee thereof each Rating Agency); (iv) Copies of resolutions of the Board of Directors of the Originator or of the Executive Committee of the Board of Directors of the Originator approving the execution, delivery and performance of this Agreement and the other Transaction Documents to which it is a party and the transactions contemplated hereunder and thereunder, certified in each case by the Secretary or an Assistant Secretary of the Originator;

Appears in 2 contracts

Sources: Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2002-1 LLC), Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2001-1 LLC)