Common use of Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates Clause in Contracts

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (i) the Underlying Securities set forth on the Underlying Securities Schedule; and (ii) a letter from the Rating Agency indicating that they have assigned the Required Rating to the Certificates.

Appears in 8 contracts

Sources: Series Supplement (Southpoint Structured Assets Inc), Series Supplement (Southpoint Structured Assets Inc), Series Supplement (Southpoint Structured Assets Inc)

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (i) the Underlying Securities set forth on the Underlying Securities Schedule; and (ii) a letter from the Rating Agency indicating that they have assigned the Required Rating all documents required to be delivered to the CertificatesTrustee pursuant to Section 2.01 of the Standard Terms.

Appears in 5 contracts

Sources: Series Supplement Corporate Bond Backed Certificates (Lehman Abs Corp), Series Supplement Corporate Bond Backed Certificates (Lehman Abs Corp), Callable Zero Coupon Trust Certificates Series Supplement (Lehman Abs Corp)

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (ia) [the Underlying Securities Securities] [the Deposited Assets] set forth on the [Underlying Securities Schedule] [Deposited Assets Schedule]; and (iib) a letter from the Rating Agency indicating that they have assigned the Required Rating all documents required to be delivered to the CertificatesTrustee pursuant to Section 2.01 of the Standard Terms.

Appears in 1 contract

Sources: Series Supplement Freedom Certificates (Freedom Depository LLC)

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (i) the Underlying Securities set forth on the Underlying Securities ScheduleSchedule I hereto; and (ii) a letter from the Rating Agency indicating that they have assigned the Required Rating all documents required to be delivered to the CertificatesTrustee pursuant to Section 2.01 of the Standard Terms.

Appears in 1 contract

Sources: Trust Agreement (Merrill Lynch Depositor Inc)

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (i) the Underlying Securities set forth on the Underlying Securities ScheduleSchedule I hereto; and (ii) a letter from the Rating Agency indicating that they have assigned the Required Rating all documents required to be delivered to the Certificates.Trustee pursuant to Section 2.01

Appears in 1 contract

Sources: Trust Agreement (Merrill Lynch Depositor Inc)

Satisfaction of Conditions to Initial Execution and Delivery of Trust Certificates. The Trustee hereby acknowledges receipt, on or prior to the Closing Date, of: (i) [the Underlying Securities Securities] [the Deposited Assets] set forth on the [Underlying Securities Schedule] [Deposited Assets Schedule]; and (ii) a letter from the Rating Agency indicating that they have assigned the Required Rating all documents required to be delivered to the CertificatesTrustee pursuant to Section 2.01 of the Standard Terms.

Appears in 1 contract

Sources: Series Supplement Bond Backed Certificates (Lehman Abs Corp)