Common use of Owner Trustee and Grantor Trust Trustee Order Clause in Contracts

Owner Trustee and Grantor Trust Trustee Order. The Administrator hereby directs (i) the Owner Trustee pursuant to Section 6.2 of the Trust Agreement and (ii) the Grantor Trust Trustee pursuant to Section 6.2 of the Grantor Trust Agreement to execute this Supplement. The Administrator hereby certifies that it has the power and authority under the Trust Agreement and Grantor Trust Agreement to direct the Owner Trustee and Grantor Trust Trustee with respect to the foregoing actions and that the above referenced actions are duly authorized pursuant to the and in accordance with the Trust Agreement and Grantor Trust Agreement and are not inconsistent with or in violation of the terms of the documents to which the Issuing Entity or Grantor Trust is a party. The Administrator further certifies that all conditions precedent to the above referenced actions have been satisfied or waived, including any actions required under Section 4.1 of the Trust Agreement or Grantor Trust Agreement. In addition, the Administrator agrees that all action taken by the Owner Trustee in connection with this direction is covered by the fee and indemnification provisions set forth in the Trust Agreement and Grantor Trust Agreement.