Common use of Authentication of the Owner Trust Certificates Clause in Contracts

Authentication of the Owner Trust Certificates. Concurrently with the acquisition of the Grantor Trust Certificate by the Trust, the Owner Trustee or the Certificate Registrar shall cause the Certificate in an initial aggregate Certificate Percentage Interest of 100.00% 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 or any vice president, without further corporate action by the Depositor, in the authorized denomination. The Certificate shall not entitle its holder to any benefit under this Owner Trust Agreement or be valid for any purpose unless there shall appear on the Certificates a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Registrar, by manual signature; such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. The Certificates shall be dated the date of its authentication.

Authentication of the Owner Trust Certificates. Concurrently with the acquisition of the Grantor Owner Trust Certificate Estate by the Trust, the Owner Trustee or the Certificate Registrar shall cause the Certificate in an initial aggregate Certificate Certificates Percentage Interest of 100.00% 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 or any vice president, without further corporate action by the Depositor, in the authorized denomination. The Certificate shall not entitle its holder to any benefit under this Owner Trust Agreement or be valid for any purpose unless there shall appear on the Certificates a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Registrar, by manual signature; such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. The Certificates Certificate shall be dated the date of its authentication.

Authentication of the Owner Trust Certificates. Concurrently with the acquisition of the Grantor Owner Trust Certificate Estate by the Trust, the Owner Trustee or the Certificate Registrar shall cause the Certificate in an initial aggregate Certificate Certificates Percentage Interest of 100.00% 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 or any vice president, without further corporate action by the Depositor, in the authorized denomination. The Certificate shall not entitle its holder to any benefit under this Owner Trust Agreement or be valid for any purpose unless there shall appear on the Certificates a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Registrar, by manual signature; such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. The Certificates Certificate shall be dated the date of its authentication.