Common use of The Certificate Clause in Contracts

The Certificate. The Certificate shall be issued as a single certificate in definitive, fully registered form and shall initially be registered in the name of the Initial Certificateholder. The Certificate shall not be issued in an authorized denomination of less than a 100% Percentage Interest in such Certificate. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an Authorized Trust Officer of the Owner Trustee and authenticated in the manner provided in Section 3.2. A Certificate bearing manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of the Certificate or did not hold such offices at the date of authentication and delivery of the Certificate. A Person shall become a Certificateholder and shall be entitled to the rights and subject to the obligations of a Certificateholder hereunder upon registration of the Certificate in such Person’s name pursuant to Section 3.3.

The Certificate. The Certificate shall be issued as a single certificate in definitive, fully registered form and shall initially be registered in the name form of the Initial Certificateholder. The Certificate shall one Certificate, representing not be issued in an authorized denomination of less than a 100% Certificate Percentage Interest in such CertificateInterest. The Certificate Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an Authorized Trust Officer authorized officer of the Owner Trustee and authenticated in the manner provided in Section 3.23.03. A Certificate Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be validly issued and entitled to the benefit of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of the Certificate such Certificates or did not hold such offices at the date of authentication and delivery of the Certificatesuch Certificates. A Person shall become a Certificateholder and shall be entitled to the rights and subject to the obligations of a Certificateholder hereunder upon registration such Person's acceptance of the a Certificate duly registered in such Person’s 's name, pursuant to Section 3.04. A transferee of a Certificate shall become a Certificateholder and shall be entitled to the rights and subject to the obligations of a Certificateholder hereunder upon such transferee's acceptance of a Certificate duly registered in such transferee's name pursuant to and upon satisfaction of the conditions set forth in Section 3.33.04.