Common use of Agreement to Execute, Authenticate and Deliver Certificates Clause in Contracts

Agreement to Execute, Authenticate and Deliver Certificates. With respect to each Series and the related Trust, the Trustee hereby agrees and acknowledges that it will, concurrently with the Grant to and receipt by it of the related Underlying Securities, cause to be executed, authenticated and delivered to or upon the written order of the Depositor, in exchange for the Underlying Securities and such other assets constituting the Trust for a given Series, Certificates duly authenticated by or on behalf of the Trustee in an Authorized Denomination evidencing ownership of the entire Trust for such Series, all in accordance with the terms and subject to the conditions of Section 5.02.

Appears in 63 contracts

Samples: Market Agent Agreement (Merrill Lynch Depositor Inc Preferredplus Trust Series Upc 1), Market Agent Agreement (PPLUS Trust Series LMG-3), Market Agent Agreement (Merrill Lynch Depositor Preferredplus Trust Series CTR 1)

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Agreement to Execute, Authenticate and Deliver Certificates. With respect to each Series of Certificates and the related Trust, the Trustee hereby agrees and acknowledges that it will, concurrently with the Grant sale to and receipt by it of the related Underlying SecuritiesDeposited Assets, cause to be executed, authenticated and delivered to or upon the written order of the Depositor, in exchange for the Underlying Securities Deposited Assets and such other assets constituting the Trust for a given Series, Certificates duly authenticated by or on behalf of the Trustee in an Authorized Denomination authorized denominations evidencing ownership of the entire Trust for such Series, all in accordance with the terms and subject to the conditions of Section 5.02Sections 5.2 and 5.13.

Appears in 1 contract

Samples: Hexagon ABS Corp.

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