Execution and Delivery of Additional Certificates Sample Clauses

The 'Execution and Delivery of Additional Certificates' clause requires parties to sign and provide further certificates or documents as needed to fulfill the agreement's terms or to satisfy legal or regulatory requirements. In practice, this means that if additional documentation is necessary after the initial contract signing—such as compliance certificates, consents, or acknowledgments—the parties are obligated to execute and deliver these promptly. This clause ensures that all necessary paperwork can be completed to support the transaction, thereby preventing administrative delays and ensuring the enforceability and smooth operation of the agreement.
Execution and Delivery of Additional Certificates. In addition to the Series A Certificates and the Series B Certificates, the County, the Corporation and the Trustee may at any time by execution of a Supplemental Trust Agreement, without the consent of the Owners, provide for the execution and delivery of Additional Certificates evidencing additional Base Rental Payments. The Trustee may execute and deliver to or upon the request of the County, such Additional Certificates evidencing the additional principal components and interest components of such additional Base Rental Payments, but such Additional Certificates may only be executed and delivered upon compliance by the County with the provisions of Section 3.05 and subject to the following specific conditions, which are hereby made conditions precedent to the execution and delivery of any such Additional Certificates: (a) no event of default shall have occurred and be continuing under this Trust Agreement, the Lease Agreement or the Ground Lease; (b) the Supplemental Trust Agreement pursuant to which such Additional Certificates are executed and delivered shall specify the following: (i) the purposes for which such Additional Certificates are to be executed and delivered, which may include any lawful purpose or purposes of the County; (ii) the principal amount evidenced by, and the designation of, such Additional Certificates, and the denomination or denominations of such Additional Certificates, which shall be Authorized Denominations; (iii) the method of numbering, date, Principal Payment Dates and Mandatory Sinking Account Payment Dates, if any, of such Additional Certificates; provided, however, that the principal evidenced by such Additional Certificates shall be payable only on October 1 of any particular year and the interest evidenced by such Additional Certificates shall be payable only on Interest Payment Dates, commencing with the Interest Payment Date occurring after the date of execution and delivery of such Additional Certificates; (iv) the prepayment premiums and terms, if any, for such Additional Certificates; (v) the form of such Additional Certificates; and (vi) such other provisions as are appropriate or necessary and are not inconsistent with the provisions hereof; (c) the aggregate amount of principal evidenced by the Certificates executed and delivered and at any time Outstanding hereunder shall not exceed any limit imposed by law or by this Trust Agreement; (d) the Ground Lease shall have been amended, to the extent necessary, an...
Execution and Delivery of Additional Certificates. So long as no Event of Default or termination of the Lease Agreement pursuant to Section 4.2(b) of the Lease Agreement has occurred and will continue after execution and delivery of any Additional Certificates, the Trustee may execute and deliver, at the direction of the Lessee, Additional Certificates from time to time to provide funds to pay the costs of refunding Outstanding Certificates. (i) Original executed counterparts of any amendments or supplements to the Lease Agreement and of this Trust Agreement entered into in connection with the execution and delivery of the Additional Certificates that are necessary or advisable, in the opinion of Special Counsel, to provide that the Additional Certificates will be executed and delivered in compliance with the provisions of this Trust Agreement. (ii) A written opinion of Special Counsel, reasonably satisfactory to the Trustee, to the effect that (A) the documents submitted to the Trustee in connection with the request then being made comply with the requirements of this Trust Agreement,

Related to Execution and Delivery of Additional Certificates

  • Execution and Delivery of Certificates The Trustee acknowledges the transfer and assignment to it of the Trust Fund and, concurrently with such transfer and assignment, has executed and delivered to or upon the order of the Depositor, the Certificates in authorized denominations evidencing directly or indirectly the entire ownership of the Trust Fund. The Trustee agrees to hold the Trust Fund and exercise the rights referred to above for the benefit of all present and future Holders of the Certificates.

  • Execution and Delivery of Trust Securities Certificates At the Time of Delivery, the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.4 and 2.5, to be executed on behalf of the Issuer Trust and delivered to or upon the written order of the Depositor, executed by one authorized officer thereof, without further corporate action by the Depositor, in authorized denominations.

  • Authentication and Delivery of Trust Certificates On the Closing Date, the Owner Trustee shall cause to be authenticated and delivered upon the order of the Depositor, in exchange for the Receivables and the other assets of the Issuer, simultaneously with the sale, assignment and transfer to the Issuer of the Receivables, and the constructive delivery to the Issuer of the Receivable Files and the other assets of the Issuer, Trust Certificates duly authenticated by the Owner Trustee, in authorized denominations equaling in the aggregate the Original Certificate Balance and evidencing the entire ownership of the Issuer. No Trust Certificate shall entitle its Certificateholder to any benefit under this Agreement, or be valid for any purpose, unless there shall appear on such Trust Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Trust’s Authenticating Agent, by manual signature; and such authentication shall constitute conclusive evidence that such Trust Certificate shall have been duly authenticated and delivered hereunder. All Trust Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Trust Certificates will be entitled to the benefits of this Agreement. Whenever, in any Basic Document, a reference is made to authentication by the Owner Trustee, such reference shall include authentication by the Owner Trustee and/or authentication by a party appointed to act as the Authenticating Agent of the Owner Trustee.

  • Execution and Delivery of Agreement Each of the parties shall be entitled to rely on delivery by fax transmission of an executed copy of this agreement by the other party, and acceptance of such fax copies shall create a valid and binding agreement between the parties.

  • Execution and Delivery of Receipts Upon receipt by any Custodian of any deposit pursuant to Section 2.2 hereunder (and in addition, if the transfer books of the Issuer or the Foreign Registrar, if applicable, are open, the Depositary may in its sole discretion require a proper acknowledgment or other evidence from the Issuer that any Deposited Securities have been recorded upon the books of the Issuer or the Foreign Registrar, if applicable, in the name of the Depositary or its nominee or such Custodian or its nominee), together with the other documents required as above specified, such Custodian shall notify the Depositary of such deposit and the person or persons to whom or upon whose written order a Receipt or Receipts are deliverable in respect thereof and the number of American Depositary Shares to be evidenced thereby. Such notification shall be made by letter or, at the request, risk and expense of the person making the deposit, by cable, telex or facsimile transmission. Upon receiving such notice from such Custodian, or upon the receipt of Shares by the Depositary, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver at its Corporate Trust Office, to or upon the order of the person or persons entitled thereto, a Receipt or Receipts, registered in the name or names and evidencing any authorized number of American Depositary Shares requested by such person or persons, but only upon payment to the Depositary of the fees and expenses of the Depositary for the execution and delivery of such Receipt or Receipts as provided in Section 5.9, and of all taxes and governmental charges and fees payable in connection with such deposit and the transfer of the Deposited Securities.