Common use of Delivery and Payment for the Collateral Certificates Clause in Contracts

Delivery and Payment for the Collateral Certificates. The Trustee shall deliver the Collateral Certificates when authenticated in accordance with Section 6.2 of the Agreement. For convenience, the Collateral Certificate shall be registered in the name of Indenture Trustee, notwithstanding that the Collateral Certificate shall have been initially issued to the Transferor, transferred by the Transferor to Issuer pursuant to the Transfer and Servicing Agreement and pledged by Issuer to Indenture Trustee pursuant to the Master Indenture.

Appears in 2 contracts

Samples: And Servicing Agreement (Fnanb Credit Card Master Trust), Collateral Series Supplement (Dc Funding International Inc)

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Delivery and Payment for the Collateral Certificates. The Trustee shall deliver the Collateral Certificates when authenticated in accordance with Section 6.2 of the Agreement. For convenience, the Collateral Certificate shall be registered in the name of Indenture Trustee, notwithstanding that the Collateral Certificate shall have been initially issued to the Transferor, transferred by the Transferor to Issuer pursuant to the Transfer and Servicing Agreement and pledged by Issuer to Indenture Trustee pursuant to the Master Indenture6.2.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First Consumers Master Trust), Pooling and Servicing Agreement (First Consumers Master Trust)

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Delivery and Payment for the Collateral Certificates. The ----------------------------------------------------- Trustee shall deliver the Collateral Certificates when authenticated in accordance with Section 6.2 of the Agreement. For convenience, the Collateral Certificate shall be registered in the name of Indenture Trustee, notwithstanding that the Collateral Certificate shall have been initially issued to the Transferor, transferred by the Transferor to Issuer pursuant to the Transfer and Servicing Agreement and pledged by Issuer to Indenture Trustee pursuant to the Master Indenture6.2.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Spiegel Inc)

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