Delivery and Payment for the Class. A Securities and the Class B Securities. The Transferor shall execute and deliver the Class A Securities and the Class B Securities to the Trustee for authentication in accordance with Section 6.1 of the Agreement. The Trustee shall deliver the Class A Securities and the Class B Securities to or upon the order of the Transferor when authenticated in accordance with Section 6.2 of the Agreement.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Metris Master Trust)
Delivery and Payment for the Class. A Securities, the Class M Securities and the Class B Securities. The Transferor shall execute and deliver the Class A Securities, the Class M Securities and the Class B Securities to the Trustee for authentication in accordance with Section 6.1 of the Agreement. The Trustee shall deliver the Class A Securities, the Class M Securities and the Class B Securities to or upon the order of the Transferor when authenticated in accordance with Section 6.2 of the Agreement.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Metris Receivables Inc)