Common use of Issuance of the Certificates Clause in Contracts

Issuance of the Certificates. The Certificates have been duly authorized and, at the Closing Time, will have been duly executed and, when authenticated, issued and delivered in the manner provided for in the Trust Agreement, will be validly issued, fully paid, non-assessable and outstanding and will be in the form contemplated by, and entitled to the benefits of, the Trust Agreement.

Appears in 17 contracts

Samples: Underwriting Agreement (California Republic Funding LLC), Underwriting Agreement (California Republic Funding LLC), Underwriting Agreement (California Republic Funding LLC)

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Issuance of the Certificates. The Certificates have been duly and validly authorized and, at the Closing Timewhen executed, will have been duly executed and, when authenticated, issued authenticated and delivered in the manner provided for in accordance with the Trust Agreement, will be validly issued, fully paid, non-assessable issued and outstanding and will be in the form contemplated by, and entitled to the benefits of, of the Trust Agreement.

Appears in 6 contracts

Samples: Underwriting Agreement (Merrill Auto Trust Securitization 2008-1), Underwriting Agreement (Pooled Auto Securities Shelf LLC), Underwriting Agreement (Ml Asset Backed Corp)

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Issuance of the Certificates. The Certificates have been duly authorized and, at the Closing Time, will have been duly executed and, when authenticated, issued and delivered in the manner provided for in the Trust Agreement, will be validly issued, fully paid, non-assessable issued and outstanding and will be in the form contemplated by, and entitled to the benefits of, the Trust Agreement.

Appears in 4 contracts

Samples: Underwriting Agreement (Pooled Auto Securities Shelf LLC), Underwriting Agreement (Carmax Auto Funding LLC), Underwriting Agreement (Carmax Auto Funding LLC)

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