Execution, Authentication and Delivery of Certificates. The Trustee shall deliver to, or upon the order of, the Seller, in exchange for the Receivables, the other assets of the Trust and the pledge of the Reserve Account and amounts on deposit therein and the Retained Yield, simultaneously with the sale, assignment and transfer to the Trustee of the Receivables, the constructive delivery to the Trustee of the Receivable Files and the delivery to the Trustee of the other components of the Trust, Certificates duly executed by the Trustee, on behalf of the Trust, and authenticated by the Trustee in authorized denominations equaling in the aggregate the Original Pool Balance, and evidencing the entire ownership of the Trust.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Chase Manhattan Bank Usa), Pooling and Servicing Agreement (Chase Manhattan Bank Usa National Association)