Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee by manual signature, which authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 78 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (CarMax Auto Owner Trust 2024-4), Trust Agreement (Carmax Auto Funding LLC)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee by manual signature, which authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 40 contracts
Samples: Trust Agreement (CarMax Auto Owner Trust 2015-4), Trust Agreement (CarMax Auto Owner Trust 2015-3), Trust Agreement (CarMax Auto Owner Trust 2015-2)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchief executive officer, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary chief financial officer or any assistant secretarychief accounting officer, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 16 contracts
Samples: Trust Agreement (Mmca Auto Owner Trust 2001-3), Trust Agreement (Mmca Auto Owner Trust 2001 2), Trust Agreement (Mmca Auto Owner Trust 2001 2)
Authentication of Certificates. Concurrently with the initial sale of the Receivables Loans and other Trust Property to the Trust pursuant to Section 2.01 of the Sale and Servicing Agreement, the Owner Trustee shall cause one or more Certificates having the Certificates respective Percentage Interests (in the aggregate not to exceed 100%) specified in writing by the Seller to be executed on behalf of the Trustauthenticated, authenticated issued and delivered to or upon the written order of the DepositorSeller, signed by its president, president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, secretary without further limited liability company action by the DepositorSeller. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee Trustee, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 8 contracts
Samples: Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchief executive officer, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary chief financial officer or any assistant secretarychief accounting officer, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 5 contracts
Samples: Trust Agreement (Mmca Auto Owner Trust 2000-2), Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Receivables Trust)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Contribution Agreement, the Owner Trustee shall cause the Certificates in an aggregate Certificate Percentage Interest equal to 100% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, its chief financial officer, its chief accounting officer, any vice president, its secretary, any assistant vice presidentsecretary, its treasurer, treasurer or any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 5 contracts
Samples: Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Capital One Auto Finance Trust 2002-A)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust Issuer pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates in an aggregate Certificate Percentage Interest equal to 100% to be executed on behalf of the TrustIssuer, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, its chief financial officer, its chief accounting officer, any vice president, its secretary, any assistant vice presidentsecretary, its treasurer, treasurer or any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Wells Fargo Auto Receivables Corp), Trust Agreement (Ace Securities Corp Rv & Marine Trust 2001-Rv1), Trust Agreement (Amsouth Auto Receivables LLC)
Authentication of Certificates. Concurrently with the initial sale acquisition of the Receivables to Class A Ownership Interest by the Trust pursuant to the Sale and Servicing AgreementTrust, the Owner Trustee or the Certificate Paying Agent shall cause the Initial Certificates in an aggregate principal amount equal to the Initial Security Balance of the Initial Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, Agreement or shall be valid for any purpose, purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Certificate Paying Agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, any executive vice president, any vice president, any assistant vice president, its secretary or its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Mmca Auto Receivables Inc), Trust Agreement (Mmca Auto Receivables Inc), Trust Agreement (Mmca Auto Receivables Inc)
Authentication of Certificates. Concurrently with the initial sale of the Receivables Dealer Loans and other Trust Property to the Trust pursuant to Section 2.01 of the Sale and Servicing Agreement, the Owner Trustee shall cause one or more Certificates having the Certificates respective Percentage Interests (in the aggregate not to exceed 100%) specified in writing by the Seller to be executed on behalf of the Trustauthenticated, authenticated issued and delivered to or upon the written order of the DepositorSeller, signed by its president, president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, secretary without further limited liability company action by the DepositorSeller. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee Trustee, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchief executive officer, any vice presidentchief financial officer, any assistant vice presidentchief accounting officer, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Mmca Auto Owner Trust 2002-5), Trust Agreement (Mmca Auto Owner Trust 2002-5), Trust Agreement (Mmca Auto Owner Trust 2002-4)
Authentication of Certificates. Concurrently with the initial sale of the Receivables Contracts and other Trust Property to the Trust pursuant to Section 2.01 of the Sale and Servicing Agreement, the Owner Trustee shall cause one or more Certificates having the Certificates respective Percentage Interests (in the aggregate not to exceed 100%) specified in writing by the Seller to be executed on behalf of the Trustauthenticated, authenticated issued and delivered to or upon the written order of the DepositorSeller, signed by its president, president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, secretary without further limited liability company action by the DepositorSeller. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee Trustee, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates with an aggregate Certificate Balance equal to $4,807,160.19 to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.
Appears in 2 contracts
Samples: Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal balance equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its the chairman of the board, the president, any executive vice president, any vice president, any assistant vice presidentthe secretary, its treasurer, any assistant treasurer, its secretary or any assistant secretary, the treasurer or any assistant treasurer of the Depositor, without further limited liability company action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder Certificateholder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (Usaa Federal Savings Bank), Trust Agreement (Usaa Federal Savings Bank Usaa Auto Owner Trust 2001-1)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates with an aggregate Certificate Balance equal to $3,750,000 to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.
Appears in 1 contract
Authentication of Certificates. Concurrently with the initial sale -------------------------------- acquisition of the Receivables to Initial Mortgage Loans by the Trust pursuant to the Sale and Servicing AgreementTrust, the Owner Trustee or the Certificate Paying Agent shall cause the Certificates in an initial Percentage Interest of 100.00% to be executed on behalf of the Trust, authenticated by the Indenture Trustee and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder the Certificateholder thereof to any benefit under this Trust Agreement, Agreement or shall be valid for any purpose, purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A hereto, executed by the Owner Trustee or the Indenture Trustee, by manual signature, which and such authentication shall constitute conclusive evidence that such Certificate shall have has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (Wachovia Asset Securitization Inc)
Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.
Appears in 1 contract
Authentication of Certificates. Concurrently with the initial sale contribution of the Receivables Trust Property to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates in an aggregate Certificate Percentage Interest equal to 100% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the DepositorServicer, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the DepositorServicer, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee (or SunTrust Bank, as the Owner Trustee’s authentication agent) by the manual signature, which signature of one of its authorized signatories. Such certificate of authentication shall constitute conclusive evidence evidence, and the only evidence, that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery No further Certificates shall be issued except pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust AgreementSection 3.4 or 3.5.
Appears in 1 contract
Authentication of Certificates. Concurrently Simultaneously with the initial sale of the Receivables sale, assignment and transfer to the Trust of the Contracts and the delivery to the Trust of the Contract Files and the other Trust Property pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause Certificates in authorized denominations in an aggregate principal amount equal to the Certificates Certificate Principal Balance to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A B, executed by the Owner Trustee or the Authentication Agent, by manual or facsimile signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. _____ is hereby initially appointed Authentication Agent. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.
Appears in 1 contract