Common use of Delivery and Payment for the Clause in Contracts

Delivery and Payment for the. Class A Securities and the Class B Securities. The Transferor shall execute and deliver the Class A Securities and the Class B Securities to the Trustee for authentication in accordance with Section 6.1 of the Agreement. The Trustee shall deliver the Class A Securities and the Class B Securities to or upon the order of the Transferor when authenticated in accordance with Section 6.2 of the Agreement.

Appears in 1 contract

Samples: Series 2001 4 Supplement to Amended and Restated Pooling and Servicing Agreement (Metris Master Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!