Validity of Certificates. Only such Certificates as shall have been duly executed by an Authorized Trustee Officer shall be entitled to any benefit or security under the Agreement. No Certificates shall be valid or become obligatory for any purpose unless and until such Certificates shall have been duly executed by an Authorized Trustee Officer, and such signature of an Authorized Trustee Officer upon any such Certificates shall be conclusive evidence that such Certificates have been duly executed and delivered under the Agreement.
Appears in 2 contracts
Sources: Master Terms of Trust Agreement (Royal Bank of Canada), Master Terms of Trust Agreement (Royal Bank of Canada)
Validity of Certificates. Only such Certificates as shall have been duly executed by an Authorized Trustee Officer shall be entitled to any benefit or security under the this Agreement. No Certificates Certificate shall be valid or become obligatory for any purpose unless and until such Certificates Certificate shall have been duly executed by an Authorized Trustee Officer, and such signature of an Authorized Trustee Officer upon any such Certificates Certificate shall be conclusive evidence that such Certificates have Certificate has been duly executed and delivered under the this Agreement.
Appears in 1 contract