Registration of Transfer and Exchange of the Equity Certificates. (a) The Certificate Registrar shall maintain or cause to be maintained, at the office or agency maintained pursuant to Section 3.08, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, it shall provide for the registration of the Equity Certificate and of transfers and exchanges of the Equity Certificate as provided in this Agreement. [ ] is hereby initially appointed Certificate Registrar for the purpose of registering the Equity Certificate and transfers and exchanges of the Equity Certificate as provided in this Agreement. In the event that the Owner Trustee notifies the Servicer that [ ] is unable to act as Certificate Registrar, the Servicer shall appoint another bank or trust company, having an office or agency located in The City of New York, agreeing to act in accordance with the provisions of this Agreement applicable to it, and otherwise acceptable to the Owner Trustee and the Administrative Agent, to act as successor Certificate Registrar hereunder.
Appears in 4 contracts
Samples: Trust Agreement (Ace Securities Corp), Trust Agreement (Asset Backed Securities Corp), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)
Registration of Transfer and Exchange of the Equity Certificates. (a) The Certificate Registrar shall maintain or cause to be maintained, at the office or agency maintained pursuant to Section 3.08, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, it shall provide for the registration of the Equity Certificate and of transfers and exchanges of the Equity Certificate as provided in this Agreement. [ ] The _________ Bank is hereby initially appointed Certificate Registrar for the purpose of registering the Equity Certificate and transfers and exchanges of the Equity Certificate as provided in this Agreement. In the event that the Owner Trustee notifies the Servicer that [ ] The _________ Bank is unable to act as Certificate Registrar, the Servicer shall appoint another bank or trust company, having an office or agency located in The City of New York, agreeing to act in accordance with the provisions of this Agreement applicable to it, and otherwise acceptable to the Owner Trustee and the Administrative Agent, to act as successor Certificate Registrar hereunder.
Appears in 1 contract
Samples: Trust Agreement (NCT Funding Co LLC)
Registration of Transfer and Exchange of the Equity Certificates. (a) The Certificate Registrar shall maintain or cause to be maintained, at the office or agency maintained pursuant to Section 3.08, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, it shall provide for the registration of the Equity Certificate and of transfers and exchanges of the Equity Certificate as provided in this Agreement. [ ] The _________ Bank is hereby initially appointed Certificate Registrar for the purpose of registering the Equity Certificate and transfers and exchanges of the Equity Certificate as provided in this Agreement. In the event that the Owner Trustee notifies the Servicer that [ ] _________ is unable to act as Certificate Registrar, the Servicer shall appoint another bank or trust company, having an office or agency located in The City of New York, agreeing to act in accordance with the provisions of this Agreement applicable to it, and otherwise acceptable to the Owner Trustee and the Administrative Agent, to act as successor Certificate Registrar hereunder.
Appears in 1 contract
Samples: Trust Agreement (NCT Funding Co LLC)