Common use of Authentication of Certificates Clause in Contracts

Authentication of Certificates. Concurrently with the initial transfer of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or the Owner Trustee’s authenticating agent, by manual or facsimile signature of an Authorized Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 57 contracts

Samples: Trust Agreement (Toyota Auto Receivables 2018-D Owner Trust), Trust Agreement (Toyota Auto Receivables 2018-D Owner Trust), Trust Agreement (Toyota Auto Finance Receivables LLC)

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Authentication of Certificates. Concurrently On the Closing Date, concurrently with the initial transfer of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in the Trust. No Certificate shall entitle its holder Holder to any benefit under this Agreement or 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 or the Owner Trustee’s authenticating agent, by manual or facsimile signature of an Authorized Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 30 contracts

Samples: Trust Agreement (Toyota Auto Receivables 2024-D Owner Trust), Trust Agreement (Toyota Auto Receivables 2024-D Owner Trust), Trust Agreement (Toyota Auto Finance Receivables LLC)

Authentication of Certificates. Concurrently On the Closing Date, concurrently with the initial transfer of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or the Owner Trustee’s authenticating agent, by manual or facsimile signature of an Authorized Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 18 contracts

Samples: Trust Agreement (Toyota Auto Receivables 2021-a Owner Trust), Trust Agreement (Toyota Auto Receivables 2021-a Owner Trust), Trust Agreement (Toyota Auto Receivables 2020-D Owner Trust)

Authentication of Certificates. Concurrently with the initial transfer of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates in an aggregate principal amount equal to the Original Certificate Balance and evidencing the entire beneficial interest in ownership of the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or the Owner Trustee’s authenticating agent, by manual or facsimile signature of an Authorized a Trust Officer, and such authentication shall constitute conclusive 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. The Owner Trustee Wilmington Trust Company shall be the initial authenticating agent of the Trust Owner Trustee hereunder, and all references herein to authentication by the Owner Trustee shall be deemed to include the authenticating agent.

Appears in 17 contracts

Samples: Trust Agreement (Nissan Auto Receivables 2011-a Owner Trust), Trust Agreement (Nissan Auto Receivables 2011-a Owner Trust), Trust Agreement (Nissan Auto Receivables 2010-a Owner Trust)

Authentication of Certificates. Concurrently with the initial transfer of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates in an aggregate principal amount equal to the Original Certificate Balance and evidencing the entire beneficial interest in ownership of the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or the Owner Trustee’s 's authenticating agent, by manual or facsimile signature of an Authorized a Trust Officer, and such authentication shall constitute conclusive 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. The Owner Trustee Wilmington Trust Company shall be the initial authenticating agent of the Trust Owner Trustee hereunder, and all references herein to authentication by the Owner Trustee shall be deemed to include the authenticating agent.

Appears in 10 contracts

Samples: Trust Agreement (Nissan Auto Receivables 2003-a Owner Trust), Trust Agreement (Nissan Auto Receivables 2002 C Owner Trust), Trust Agreement (Nissan Auto Receivables 2004-a Owner Trust)

Authentication of Certificates. Concurrently with the initial transfer of the Receivables 20[__]-[__] SUBI Certificate to the Trust pursuant to the Sale and Servicing AgreementTrust, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or the Owner Trustee’s authenticating agent, by manual or facsimile signature of an Authorized Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 2 contracts

Samples: Trust Agreement (Toyota Lease Trust), Trust Agreement (Toyota Lease Trust)

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Authentication of Certificates. Concurrently with the initial transfer assignment of the Receivables to the Trust pursuant to the Sale Transfer and Servicing Agreement, the Owner Trustee shall cause (i) a single Trust Certificate to be executedexecuted on behalf of the Trust, authenticated and delivered to the Owner and (ii) a single Transferor Certificate to be executed on behalf of the Trust Trust, authenticated and delivered to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in the TrustTransferor. No Certificate shall entitle its holder to any benefit under this Agreement Agreement, or be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit Aprovided herein, executed by the Owner Trustee or the Owner Trustee’s authenticating authentication agent, by manual or facsimile signature of an Authorized Officer, and signature; such authentication shall constitute conclusive evidence, and evidence that the only evidence, that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates Each Certificate shall be dated the date of their its authentication. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 1 contract

Samples: Trust Agreement (Atlanticus Holdings Corp)

Authentication of Certificates. Concurrently with the initial transfer sale of the Receivables Contracts to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Certificates evidencing the entire beneficial interest in ownership of the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or ________, as the Owner Trustee’s 's authenticating agent, by manual or facsimile signature of an Authorized a Responsible Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 1 contract

Samples: Trust Agreement (Onyx Acceptance Financial Corp)

Authentication of Certificates. Concurrently with the initial transfer sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause to be executed, authenticated and delivered on behalf of the Trust to or upon the written order of the Depositor, Depositor Certificates in an aggregate principal amount equal to the Initial Certificate Balance and evidencing the entire beneficial interest in ownership of the Trust. No Certificate shall entitle its holder to any benefit under this Agreement or 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 or -, as the Owner Trustee’s 's authenticating agent, by manual or facsimile signature of an Authorized a Responsible Officer, and such authentication shall constitute conclusive 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. The Owner Trustee shall be the initial authenticating agent of the Trust hereunder.

Appears in 1 contract

Samples: Trust Agreement (Toyota Motor Credit Corp)

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