Common use of Authorization of the Depositor Clause in Contracts

Authorization of the Depositor. The Depositor is authorized and directed to execute on behalf of the Issuer, and, after execution, to deliver to the Administrator for filing with the Commission, all documents and forms required to be filed in accordance with applicable law or the rules and regulations prescribed by the Commission.

Authorization of the Depositor. The Depositor is authorized and directed (i) to execute the Underwriting Agreement on behalf of the Issuer and (ii) to execute on behalf of the Issuer, and, after execution, to deliver to the Administrator for filing with the Commission, all documents and forms required to be filed in accordance with applicable law or the rules and regulations prescribed by the Commission.