01The Certificates Clause Samples

01The Certificates. The Certificates shall be substantially in the forms attached hereto as exhibits. The Certificates shall be issuable in registered form, in the minimum denominations, integral multiples in excess thereof (except that one Certificate in each Class may be issued in a different amount) and aggregate denominations per Class set forth in the Preliminary Statement. The Depositor hereby directs the Securities Administrator to register the Class 1X, Class 2X, Class 1P and Class 2P Certificates in the name of the Depository Trust Company or its designee. On a date as to which the Depositor notifies the Securities Administrator, the Depositor hereby directs the Securities Administrator to transfer the Class 1X, Class 2X, Class 1P and Class 2P Certificates in the name of the NIM Trustee or such other name or names as the Depositor shall request, and to deliver the Class 1X, Class 2X, Class 1P and Class 2P Certificates to the NIM Trustee, or to such other person or persons as the Depositor shall request. Subject to Section 11.03 respecting the final distribution on the Certificates, on each Distribution Date the Securities Administrator shall make distributions to each Certificateholder of record on the preceding Record Date either (x) by wire transfer in immediately available funds to the account of such holder at a bank or other entity having appropriate facilities therefor as directed by that Certificateholder by written wire instructions provided to the Securities Administrator or (y) in the event that no wire instructions are provided to the Securities Administrator, by check mailed by first class mail to such Certificateholder at the address of such holder appearing in the Certificate Register. The Certificates shall be executed by manual or facsimile signature on behalf of the Securities Administrator by an authorized officer. Certificates bearing the manual or facsimile signatures of individuals who were, at the time such signatures were affixed, authorized to sign on behalf of the Securities Administrator shall bind the Securities Administrator, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of any such Certificates or did not hold such office at the date of such Certificate. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless authenticated by the Securities Administrator by manual signature, and such authentication upon any Cer...
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01The Certificates. The Certificates shall be substantially in the forms attached hereto as Exhibits A-1 through A-7. The Certificates shall be issuable in registered form, in the minimum dollar denominations, integral dollar multiples in excess thereof (except that one Certificate of each Class may be issued in a different amount which must be in excess of the applicable minimum dollar denomination) and aggregate dollar denominations as set forth in the following table: I-A-1 $ 100,000 $ 1,000 $ 275,026,000.00 Class I-A-1 Pass-Through Rate I-A-2 $ 100,000 $ 1,000 $ 75,000,000.00 Class I-A-2 Pass-Through Rate I-M-1 $ 100,000 $ 1,000 $ 46,510,000.00 Class I-M-1 Pass-Through Rate I-M-2 $ 100,000 $ 1,000 $ 24,933,000.00 Class I-M-2 Pass-Through Rate I-M-3 $ 100,000 $ 1,000 $ 11,508,000.00 Class I-M-3 Pass-Through Rate I-B-1 $ 100,000 $ 1,000 $ 11,028,000.00 Class I-B-1 Pass-Through Rate I-B-2 $ 100,000 $ 1,000 $ 10,069,000.00 Class I-B-2 Pass-Through Rate I-B-3 $ 100,000 $ 1,000 $ 9,590,000.00 Class I-B-3 Pass-Through Rate I-B-4 $ 100,000 $ 1,000 $ 11,508,000.00 Class I-B-4 Pass-Through Rate I-C $ 100,000 $ 1,000 $ 4,315,431.01 (1) Class I-C Pass-Through Rate I-P $ 100 N/A $ 100.00 (2) N/A I-R-1 100 % N/A N/A (2) N/A II-1A-1 $ 100,000 $ 1,000 $ 87,716,000.00 5.50% II-1A-2 $ 100,000 $ 1,000 $ 3,550,000.00 5.50% II-2A-1 $ 100,000 $ 1,000 202,413,000.00 6.00% II-2A-2 $ 100,000 $ 1,000 4,200,000.00 6.00% II-B-1 $ 100,000 $ 1,000 $ 7,300,000.00 Class II-B Pass-Through Rate II-B-2 $ 100,000 $ 1,000 $ 4,705,000.00 Class II-B Pass-Through Rate II-B-3 $ 100,000 $ 1,000 $ 3,083,000.00 Class II-B Pass-Through Rate II-B-4 $ 100,000 $ 1,000 $ 2,595,000.00 Class II-B Pass-Through ate II-B-5 $ 100,000 $ 1,000 $ 1,623,000.00 Class II-B Pass-Through Rate II-B-6 $ 100,000 $ 1,000 $ 1,299,087.30 Class II-B Pass-Through Rate II-1PO $ 100,000 $ 1,000 $ 1,709,146.31 (2) N/A II-1X $ 100,000 $ 1,000 (3) Class II-1X Pass-Through Rate) II-2PO $ 100,000 $ 1,000 $ 4.267,462.11 (2) N/A II-2X $ 100,000 $ 1,000 (3) Class II-2X Pass-Through Rate) II-1P $ 100 N/A $ 100.00 (2) N/A II-1R-1 100 % N/A $ 50.00 (2) N/A II-1R-2 100 % N/A $ 50.00 (2) N/A II-2P $ 100 N/A $ 100.00 (2) N/A (1) The Class I-C Certificate will not accrue interest on its Certificate Principal Balance, but will accrue interest at the related Pass-Through Rate on its Notional Amount, which shall equal the aggregate of the Uncertificated Principal Balances of the REMIC I Regular Interests other than REMIC I Regular Interest I-P. (2) The Class I-...
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Related to 01The Certificates

  • The Certificates The Certificates shall be substantially in the forms attached hereto as exhibits. The Certificates shall be issuable in registered form, in the minimum denominations, integral multiples in excess thereof (except that one Certificate in each Class may be issued in a different amount which must be in excess of the applicable minimum denomination) and aggregate denominations per Class set forth in the Preliminary Statement. Subject to Section 9.02 hereof respecting the final distribution on the Certificates, on each Distribution Date the Trustee shall make distributions to each Certificateholder of record on the preceding Record Date either (x) by wire transfer in immediately available funds to the account of such holder at a bank or other entity having appropriate facilities therefor, if (i) such Holder has so notified the Trustee at least five Business Days prior to the related Record Date and (ii) such Holder shall hold (A) a Notional Amount Certificate, (B) 100% of the Class Certificate Balance of any Class of Certificates or (C) Certificates of any Class with aggregate principal Denominations of not less than $1,000,000 or (y) by check mailed by first class mail to such Certificateholder at the address of such holder appearing in the Certificate Register. The Certificates shall be executed by manual or facsimile signature on behalf of the Trustee by an authorized officer. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the countersignature and delivery of such Certificates or did not hold such offices at the date of such Certificate. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless countersigned by the Trustee by manual signature, and such countersignature upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly executed and delivered hereunder. All Certificates shall be dated the date of their countersignature. On the Closing Date, the Trustee shall countersign the Certificates to be issued at the direction of the Depositor, or any affiliate thereof. The Depositor shall provide, or cause to be provided, to the Trustee on a continuous basis, an adequate inventory of Certificates to facilitate transfers.

  • Form of the Certificates (a) The Certificates shall be substantially in the form of Exhibit A. The Certificates shall represent the entire beneficial interest in the Trust. The Certificates shall be executed on behalf of the Trust by manual or facsimile signature of a Responsible Officer of the Owner Trustee. 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 duly issued, fully paid and non-assessable beneficial interests in the Trust, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of authentication and delivery of such Certificates. (b) The Certificates shall be typewritten, printed, lithographed or engraved or produced by any combination of these methods (with or without steel engraved borders) all as determined by the officers executing such Certificates, as evidenced by their execution of such Certificates. The Certificates shall be fully registered. (c) The Certificates shall be issued in fully-registered form. The terms of the Certificates set forth in Exhibit A shall form part of this Agreement.

  • The Trust Certificates The Trust Certificates shall represent in the aggregate a 100% Percentage Interest in the Trust. On the date hereof, the Depositor or its designee shall be the sole Certificateholder of each of the Trust Certificates and each of the Trust Certificates shall be registered, upon initial issuance, in the name of the Depositor or its designee. The Trust Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an Authorized Officer of the Owner Trustee. Trust 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 Owner Trustee, 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 such Trust Certificates or did not hold such offices at the date of authentication and delivery of such Trust Certificates. A transferee of a Trust 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 Trust Certificate duly registered in such transferee’s name pursuant to Section 3.04.

  • Registration of the Certificates Wilmington Trust, National Association, as an agent of the Issuer, in its capacity as “Certificate Registrar” (the “Certificate Registrar”) shall maintain at its Corporate Trust Office, or at the office of any agent appointed by it and approved in writing by the Certificateholders at the time of such appointment, a register (the “Certificate Register”) for the registration and transfer of any Certificate. Prior to the due presentment for registration of transfer of any Certificate, the Owner Trustee, the Indenture Trustee and the Certificate Registrar or any agent of the Owner Trustee, the Indenture Trustee or the Certificate Registrar shall treat the Person in whose name any Certificate is registered (as of the applicable Record Date) as the owner of such Certificate for the purpose of receiving distributions on such Certificate and for all other purposes whatsoever. For the avoidance of doubt, a Certificate is not negotiable, and the records maintained by the Certificate Registrar in the Certificate Register with respect to each Certificate and its related registered owner are intended to cause the Certificates to be issued in registered form, within the meaning of Treasury Regulation section 5f.103-1(c), and shall record (a) the Percentage Interest evidenced by each Certificate and (b) all distributions made to each Certificateholder with respect to the Issuer’s assets. The entries in the Certificate Register shall be conclusive absent manifest error.

  • Medical Certificates Where the Employer requests medical certificates the Employer shall pay the costs of such certificates.