Common use of Release of Collateral Clause in Contracts

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 78 contracts

Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2025-C), Indenture (Hyundai Auto Receivables Trust 2025-C)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s CertificateCertificate of the Issuing Entity, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 73 contracts

Sources: Indenture (World Omni Select Auto Trust 2025-A), Indenture (World Omni Auto Receivables Trust 2025-C), Indenture (World Omni Auto Receivables Trust 2025-C)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and (except in the case of a full redemption under Section 10.01) Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 69 contracts

Sources: Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (American Honda Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 68 contracts

Sources: Indenture (Harley Davidson Motorcycle Trust 2025-A), Indenture (Harley Davidson Motorcycle Trust 2025-A), Indenture (Harley-Davidson Customer Funding Corp.)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateCertificate (which shall include a statement substantially to the effect that the release is permitted by this Indenture), an Opinion of Counsel (which shall include a statement substantially to the effect that the release is permitted by this Indenture) and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 50 contracts

Sources: Indenture (Toyota Auto Receivables 2025-C Owner Trust), Indenture (Toyota Auto Receivables 2025-C Owner Trust), Indenture (Toyota Auto Receivables 2025-B Owner Trust)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 42 contracts

Sources: Indenture (Nissan Auto Receivables 2025-a Owner Trust), Indenture (Nissan Auto Receivables 2025-a Owner Trust), Indenture (Nissan Auto Receivables 2024-B Owner Trust)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 37 contracts

Sources: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (Navient Funding, LLC)

Release of Collateral. Subject to Section 11.01 Sections 8.4 and the terms of 11.1 and the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 33 contracts

Sources: Indenture (CNH Equipment Trust 2025-B), Indenture (CNH Equipment Trust 2025-B), Indenture (CNH Equipment Trust 2024-C)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections § 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 29 contracts

Sources: Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2024-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateCertificate (which shall include a statement substantially to the effect that the release is permitted by the Indenture), an Opinion of Counsel (which shall include a statement substantially to the effect that the release is permitted by the Indenture) and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 24 contracts

Sources: Indenture (Toyota Auto Receivables 2019-B Owner Trust), Indenture (Toyota Auto Receivables 2019-B Owner Trust), Indenture (Toyota Auto Receivables 2019-a Owner Trust)

Release of Collateral. Subject to Section Sections 10.01 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 22 contracts

Sources: Indenture (Toyota Lease Trust), Indenture (Toyota Auto Finance Receivables LLC), Indenture (Toyota Auto Receivables 2013-a Owner Trust)

Release of Collateral. Subject to Section Sections 10.01 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 22 contracts

Sources: Indenture (Toyota Auto Receivables 2016-C Owner Trust), Indenture Agreement (Toyota Auto Receivables 2016-C Owner Trust), Indenture (Toyota Auto Receivables 2016-B Owner Trust)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 18 contracts

Sources: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 16 contracts

Sources: Indenture (WFS Receivables Corp 3), Indenture (WFS Receivables Corp 3), Indenture (WFS Receivables Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 15 contracts

Sources: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 13 contracts

Sources: Indenture (Premier Auto Trust 1997-3), Indenture (World Omni Auto Receivables LLC), Indenture (Premier Auto Trust 1997-2)

Release of Collateral. Subject to Section Sections 10.01 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 12 contracts

Sources: Indenture (Toyota Motor Credit Receivables Corp), Indenture (Toyota Motor Credit Corp), Indenture (Toyota Motor Credit Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 10 contracts

Sources: Indenture (Honda Auto Receivables 2008-2 Owner Trust), Indenture (Honda Auto Receivables 2005-3 Owner Trust), Indenture (Honda Auto Receivables 2005-2 Owner Trust)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 10 contracts

Sources: Indenture (Nissan Auto Receivables Corp Ii), Indenture (Nissan Auto Receivables 2011-a Owner Trust), Indenture (Nissan Auto Receivables 2011-a Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 10 contracts

Sources: Indenture (American Honda Receivables Corp), Indenture (Honda Auto Receivables 2007-1 Owner Trust), Indenture (Honda Auto Receivables 2007-3 Owner Trust)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Sources: Indenture (Case Receivables Ii Inc), Indenture (CNH Capital Receivables Inc), Indenture (CNH Capital Receivables Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property Collateral from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Sources: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Sources: Indenture (Hyundai Abs Funding Corp), Indenture (Hyundai Abs Funding Corp), Indenture (Hyundai Abs Funding Corp)

Release of Collateral. Subject to Section 11.01 11.1 and the --------------------- terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Sources: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Sources: Indenture (WFS Financial 2005-3 Owner Trust), Indenture (WFS Receivables Corp 4), Indenture (WFS Receivables Corp 2)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent suc▇ ▇▇▇ependent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Sources: Indenture (DaimlerChrysler Auto Trust 2006-B), Indenture (Daimlerchrysler Auto Trust 2005-A), Indenture (DaimlerChrysler Auto Trust 2006-A)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Sources: Indenture (American Honda Receivables Corp), Indenture (Honda Auto Receivables 2007-2 Owner Trust), Indenture (Honda Auto Receivables 2006-2 Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Sources: Indenture (Chrysler Financial Auto Securitization Trust 2010-A), Indenture (World Omni Auto Receivables Trust 2005-A), Indenture (Daimlerchrysler Auto Trust 2008-B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 7 contracts

Sources: Indenture (Daimlerchrysler Services North America LLC), Indenture (DaimlerChrysler Auto Trust 2006-D), Indenture (Daimlerchrysler Auto Trust 2003-B)

Release of Collateral. Subject to Except as otherwise provided in Section 11.01 hereof and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 7 contracts

Sources: Indenture (Painewebber Mort Accept Corp Iv Ditech Home Loan Ownr 1998-1), Indenture (Master Financial Asset Securitization Trust 1998-2), Indenture (Empire Funding Home Loan Owner Trust 1997-5)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Sources: Indenture (John Deere Owner Trust 2015-B), Indenture (John Deere Owner Trust 2015), Indenture (John Deere Owner Trust 2014)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Sources: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc)

Release of Collateral. Subject to Section 11.01 Sections 11.1 and 11.19 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Sources: Indenture (SLM Student Loan Trust 2006-5), Indenture (SLM Student Loan Trust 2005-7), Indenture (SLM Student Loan Trust 2005-6)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Sources: Indenture (Nissan Auto Receivables 2003-B Owner Trust), Indenture (Nissan Auto Receivables 2002 C Owner Trust), Indenture (Nissan Auto Receivables 2003-C Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture ---------------------- Note Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Sources: Indenture (Sce Funding LLC), Indenture (Sce Funding LLC), Indenture (Sdg&e Funding LLC a De Limited Liability Co)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Sources: Indenture (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Sources: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it and any Swap Counterparties of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Sources: Indenture (SMS Student Loan Trust 2000-B), Indenture (SMS Student Loan Trust 2000-A), Indenture (Asset Backed Securities Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request Order accompanied by an Officer’s Certificate, an Opinion of Counsel and (if required by the TIA) Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314 (d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Sources: Master Indenture, Master Indenture (Atlanticus Holdings Corp), Master Indenture (Atlanticus Holdings Corp)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Sources: Indenture (CNH Capital Receivables Inc), Indenture (Case Receivables Ii Inc), Indenture (CNH Capital Receivables Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Note Trustee shall release property from the lien of this Note Indenture only as specified in Section 8.02 or upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Trust Indenture Act Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificates.

Appears in 4 contracts

Sources: Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC), Note Indenture (CEC Funding, LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.1, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it request of an the Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with the TIA Sections 314(css.ss.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Sources: Indenture (Chase Manhattan Bank Usa), Indenture (Chase Credit Card Master Trust), Indenture (Chase Manhattan Bank Usa)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Sources: Indenture (BMW Vehicle Owner Trust 2001-A), Indenture (SSB Vehicle Securities Inc), Indenture (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Sources: Indenture (SLM Private Credit Student Loan Trust 2006-A), Indenture (SLM Private Credit Student Loan Trust 2005-B), Indenture (SLM Private Credit Student Loan Trust 2005-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel of the Issuer and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Sources: Indenture (SLM Private Credit Student Loan Trust 2006-C), Indenture (SLM Private Credit Student Loan Trust 2006-B), Indenture (SLM Private Credit Student Loan Trust 2007-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Sources: Indenture (World Omni Auto Receivables Trust 2006-B), Indenture (World Omni Auto Receivables Trust 2006-A), Indenture (World Omni Auto Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent suc▇ ▇▇▇ependent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Sources: Indenture (Regions Auto Receivables Trust 2002-1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2), Indenture (BMW Vehicle Owner Trust 2005-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇▇▇▇.▇▇. 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Keycorp Student Loan Trust 2000-A), Indenture (Keycorp Student Loan Trust 2000-B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent ▇▇▇▇▇endent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Daimlerchrysler Services North America LLC), Indenture (Chrysler Financial Co LLC)

Release of Collateral. Subject If the Indenture is or is required to Section 11.01 and be qualified under the terms of the Basic DocumentsTIA, the Indenture Trustee shall release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and (to the extent required by the TIA) Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 2 contracts

Sources: Indenture (Wodfi LLC), Indenture (Wodfi LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (DaimlerChrysler Auto Trust 2006-C), Indenture (Daimlerchrysler Auto Trust 2004-B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(cSS.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Eaglemark Inc), Indenture (Eaglemark Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion a▇ ▇▇▇nion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Goldman Sachs Asset Backed Securities Corp), Indenture (Gs Mortgage Securities Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c▇▇▇ 'SS''SS'314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Cit Ec Ef 2001-A), Indenture (Cit Equipment Collateral 2003-Ef1)

Release of Collateral. Subject to Section 11.01 11.1 and --------------------- the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall --------------------- release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel (to the extent required by the TIA) and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 2 contracts

Sources: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (Navistar Financial Retail Receivables Corporation)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Ford Credit Floorplan Corp), Indenture (Ford Credit Floorplan LLC)

Release of Collateral. Subject to Section 11.01 and the --------------------- ------------- terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Signet Student Loan Trusts), Indenture (Usa Group Secondary Market Services Inc)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent 7 (NAROT 2020-A Indenture) Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Nissan Auto Receivables 2020-a Owner Trust), Indenture (Nissan Auto Receivables 2020-a Owner Trust)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2020-B Indenture)

Appears in 2 contracts

Sources: Indenture (Nissan Auto Receivables Corp Ii), Indenture (Nissan Auto Receivables Corp Ii)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c'SS"SS'314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. [remainder of this page intentionally left blank]

Appears in 2 contracts

Sources: Indenture (Ace Securities Corp), Indenture (NCT Funding Co LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.1, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Cit Group Securitization Corp Ii), Indenture (Cit Group Securitization Corp Ii)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2023-B Indenture)

Appears in 2 contracts

Sources: Indenture (NISSAN AUTO RECEIVABLES Co II LLC), Indenture (NISSAN AUTO RECEIVABLES Co II LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property ------------- from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Master Indenture (Household Credit Card Master Note Trust I), Master Indenture (Household Credit Card Master Note Trust I)

Release of Collateral. Subject to Section 11.01 11.1 hereof and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Trust Indenture Act §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Collegiate Funding of Delaware LLC), Indenture (Chase Education Loan Trust 2007-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Heller Funding Corp), Indenture (Heller Funding Corp)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2019-A Indenture)

Appears in 2 contracts

Sources: Indenture (Nissan Auto Receivables 2019-a Owner Trust), Indenture (Nissan Auto Receivables 2019-a Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Master Indenture (Conseco Finance Credit Card Funding Corp), Master Indenture (Conseco Finance Credit Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Ford Credit Auto Receivables LLC), Indenture (Ford Credit Floorplan LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1314 (d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture Agreement (Metlife Capital Equipment Loan Trusts), Indenture (Metlife Capital Equipment Loan Trusts)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (WFS Financial 1997-B Owner Trust), Indenture (WFS Financial 1997-C Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.1, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Floorplan Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion ▇▇▇▇ion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb1)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Key Bank Usa National Association), Indenture (Key Bank Usa National Association)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2019-B Indenture)

Appears in 2 contracts

Sources: Indenture (Nissan Auto Receivables 2019-B Owner Trust), Indenture (Nissan Auto Receivables 2019-B Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent ▇▇▇▇pendent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Chrysler Financial Co LLC), Indenture (Daimlerchrysler Auto Trust 2001 B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (WFS Financial 1997-a Owners Trust), Indenture (WFS Financial 1996-D Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Daimlerchrysler Auto Trust 2001-C), Indenture (World Omni Auto Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Master Indenture (Nordstrom Credit Inc), Master Indenture (Associates Credit Card Receivables Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request meeting the removal criteria as set forth under the Transfer and Servicing Agreement and accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates and, to the extent required in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such 314(d), Independent Certificates.

Appears in 2 contracts

Sources: Master Indenture (Household Consumer Loan Corp Ii), Master Indenture (Hrsi Funding Inc Ii)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (Sections) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Honda Auto Receivables 2002-3 Owner Trust), Indenture (American Honda Receivables Corp)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2018-C Indenture)

Appears in 2 contracts

Sources: Indenture (Nissan Auto Receivables 2018-C Owner Trust), Indenture (Nissan Auto Receivables 2018-C Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such ▇▇▇▇ Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Daimlerchrysler Auto Trust 2004-C), Indenture (Premier Auto Trust 1998-2)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent I▇▇▇▇▇ndent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (SLM Education Credit Funding LLC), Indenture (SLC Student Loan Receivables I Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and (to the extent required by the TIA) Independent Certificates in accordance with TIA Sections 314(css.s▇. ▇▇4(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 2 contracts

Sources: Indenture (Wholesale Auto Receivables Corp), Indenture (Wholesale Auto Receivables Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Sources: Indenture (Cit Equipment Collateral 2003-Vt1), Indenture (CIT Equipment Collateral 2005-Vt1)

Release of Collateral. Subject to Section 11.01 Sections 3.1(b) and 11.19 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (SLM Funding LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Heller Funding Corp Ii)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Note Trustee shall release property from the lien of this Note Indenture only as specified in Section 8.02 or upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Trust Indenture Act Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificatescertificates.

Appears in 1 contract

Sources: Note Indenture (Cl&p Funding LLC)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314 (d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Metlife Capital Equipment Loan Trusts)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers’ Certificate, an Opinion of Counsel and (to the extent required by the TIA) Independent Certificates in accordance with TIA Sections s▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 1 contract

Sources: Underwriting Agreement (Goldman Sachs Asset Backed Securities Corp)

Release of Collateral. Subject to Section 11.01 11.1 and --------------------- the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ▇▇.▇▇. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(112 314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Nissan Auto Receivables 2002-a Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections s.s s.s 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Premier Auto Trust 1998-3)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an a Issuer Request Request, accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Nissan Auto Leasing LLC Ii)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel in each case, that all conditions required under the Indenture have been fulfilled and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Sources: Indenture (Key Consumer Receivables LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall --------------------- release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.20, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel (to the extent required by the TIA) and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 1 contract

Sources: Indenture (First Security Bank Na)