Common use of Registration, Transfer and Exchange of Grantor Trust Certificate Clause in Contracts

Registration, Transfer and Exchange of Grantor Trust Certificate. (a) The Grantor Trustee shall cause to be kept at one of the offices or agencies to be maintained in accordance with the provisions of Section 4.05 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Grantor Trustee shall provide for the registration of the Grantor Trust Certificate and of transfers and exchanges of the Grantor Trust Certificate as herein provided. The Grantor Trustee shall act as, or shall appoint, a Certificate Registrar for the purpose of registering the Grantor Trust Certificate and transfers and exchanges of the Grantor Trust Certificate as herein provided. Upon surrender for registration or transfer of the Grantor Trust Certificate at any office or agency maintained for such purpose pursuant to Section 4.05 (and subject to the provisions of this Section 4.02) the Grantor Trustee shall execute, and shall date, countersign or authenticate (or cause the Authenticating Agent to authenticate) and deliver, in the name of the designated transferee or transferees, a new Grantor Trust Certificate of a like 100% Percentage Interest. At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency. Whenever the Grantor Trust Certificate is so surrendered for exchange, the Grantor Trustee shall execute, and shall date, countersign or authenticate, as the case may be (or cause the Authenticating Agent to authenticate) and deliver, the Grantor Trust Certificate which such Grantor Trust Holder making the exchange is entitled to receive. The Grantor Trust Certificate presented or surrendered for transfer or exchange shall (if so required by the Certificate Registrar or the Grantor Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Certificate Registrar duly executed by, the Grantor Trust Holder or his attorney duly authorized in writing. No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate. The Grantor Trust Certificate surrendered for transfer and exchange shall be canceled by the Certificate Registrar, the Grantor Trustee or the Authenticating Agent in accordance with their standard procedures.

Registration, Transfer and Exchange of Grantor Trust Certificate. (a) The Grantor Trustee shall cause to be kept at one of the offices or agencies to be maintained in accordance with the provisions of Section 4.05 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Grantor Trustee shall provide for the registration of the Grantor Trust Certificate and of transfers and exchanges of the Grantor Trust Certificate as herein provided. The Grantor Trustee shall act as, or shall appoint, a Certificate Registrar for the purpose of registering the Grantor Trust Certificate and transfers and exchanges of the Grantor Trust Certificate as herein provided. Upon surrender for registration or transfer of the Grantor Trust Certificate at any office or agency maintained for such purpose pursuant to Section 4.05 (and subject to the provisions of this Section 4.02) the Grantor Trustee shall execute, and shall date, countersign or authenticate (or cause the Authenticating Agent to authenticate) and deliver, in the name of the designated transferee or transferees, a new Grantor Trust Certificate of a like 100% Percentage Interest. At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency. Whenever the Grantor Trust Certificate is so surrendered for exchange, the Grantor Trustee shall execute, and shall date, countersign or authenticate, as the case may be (or cause the Authenticating Agent to authenticate) and deliver, the Grantor Trust Certificate which such Grantor Trust Holder making the exchange is entitled to receive. The Grantor Trust Certificate presented or surrendered for transfer or exchange shall (if so required by the Certificate Registrar or the Grantor Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Certificate Registrar duly executed by, the Grantor Trust Holder or his attorney duly authorized in writing. No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate. The Grantor Trust Certificate surrendered for transfer and exchange shall be canceled by the Certificate Registrar, the Grantor Trustee or the Authenticating Agent in accordance with their standard procedures.

Registration, Transfer and Exchange of Grantor Trust Certificate. (a) The Grantor Trustee shall cause to be kept at one of the offices or agencies to be maintained in accordance with the provisions of Section 4.05 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Grantor Trustee shall provide for the registration of the Grantor Trust Certificate and of transfers and exchanges of the Grantor Trust Certificate as herein provided. The Grantor Trustee shall act as, or shall appoint, a Certificate Registrar for the purpose of registering the Grantor Trust Certificate and transfers and exchanges of the Grantor Trust Certificate as herein provided. Upon surrender for registration or transfer of the Grantor Trust Certificate at any office or agency maintained for such purpose pursuant to Section 4.05 (and subject to the provisions of this Section 4.02) the Grantor Trustee shall execute, and shall date, countersign or authenticate (or cause the Authenticating Agent to authenticate) and deliver, in the name of the designated transferee or transferees, a new Grantor Trust Certificate of a like 100% Percentage Interest. At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency. Whenever the Grantor Trust Certificate is so surrendered for exchange, the Grantor Trustee shall execute, and shall date, countersign or authenticate, as the case may be authenticate (or cause the Authenticating Agent to authenticate) and deliver, the Grantor Trust Certificate which such Grantor Trust Holder making the exchange is entitled to receive. The Grantor Trust Certificate presented or surrendered for transfer or exchange shall (if so required by the Certificate Registrar or the Grantor Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Certificate Registrar duly executed by, the Grantor Trust Holder or his attorney duly authorized in writing. No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate. The Grantor Trust Certificate surrendered for transfer and exchange shall be canceled cancelled by the Certificate Registrar, the Grantor Trustee or the Authenticating Agent in accordance with their standard procedures.

Registration, Transfer and Exchange of Grantor Trust Certificate. (a) The Grantor Trustee shall cause to be kept at one of the offices or agencies to be maintained in accordance with the provisions of Section 4.05 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Grantor Trustee shall provide for the registration of the Grantor Trust Certificate and of transfers and exchanges of the Grantor Trust Certificate as herein provided. The Grantor Trustee shall act as, or shall appoint, a Certificate Registrar for the purpose of registering the Grantor Trust Certificate and transfers and exchanges of the Grantor Trust Certificate as herein provided. Upon surrender for registration or transfer of the Grantor Trust Certificate at any office or agency maintained for such purpose pursuant to Section 4.05 (and subject to the provisions of this Section 4.02) the Grantor Trustee shall execute, and shall date, countersign or authenticate (or cause the Authenticating Agent to authenticate) and deliver, in the name of the designated transferee or transferees, a new Grantor Trust Certificate of a like 100% Percentage Interest. At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency. Whenever the Grantor Trust Certificate is so surrendered for exchange, the Grantor Trustee shall execute, and shall date, countersign or authenticate, as the case may be (or cause the Authenticating Agent to authenticate) and deliver, the Grantor Trust Certificate which such Grantor Trust Holder making the exchange is entitled to receive. The Grantor Trust Certificate presented or surrendered for transfer or exchange shall (if so required by the Certificate Registrar or the Grantor Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Certificate Registrar duly executed by, the Grantor Trust Holder or his attorney duly authorized in writing. No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate. The Grantor Trust Certificate surrendered for transfer and exchange shall be canceled by the Certificate Registrar, the Grantor Trustee or the Authenticating Agent in accordance with their standard procedures.

Registration, Transfer and Exchange of Grantor Trust Certificate. (a) The Grantor Trustee shall cause to be kept at one of the offices or agencies to be maintained in accordance with the provisions of Section 4.05 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Grantor Trustee shall provide for the registration of the Grantor Trust Certificate and of transfers and exchanges of the Grantor Trust Certificate as herein provided. The Grantor Trustee shall act as, or shall appoint, a Certificate Registrar for the purpose of registering the Grantor Trust Certificate and transfers and exchanges of the Grantor Trust Certificate as herein provided. Upon surrender for registration or transfer of the Grantor Trust Certificate at any office or agency maintained for such purpose pursuant to Section 4.05 (and subject to the provisions of this Section 4.02) the Grantor Trustee shall execute, and shall date, countersign or authenticate (or cause the Authenticating Agent to authenticate) and deliver, in the name of the designated transferee or transferees, a new Grantor Trust Certificate of a like 100% Percentage Interest. At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency. Whenever the Grantor Trust Certificate is so surrendered for exchange, the Grantor Trustee shall execute, and shall date, countersign or authenticate, as the case may be (or cause the Authenticating Agent to authenticate) and deliver, the Grantor Trust Certificate which such Grantor Trust Holder making the exchange is entitled to receive. The Grantor Trust Certificate presented or surrendered for transfer or exchange shall (if so required by the Certificate Registrar or the Grantor Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Certificate Registrar duly executed by, the Grantor Trust Holder or his attorney duly authorized in writing. No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate. The Grantor Trust Certificate surrendered for transfer and exchange shall be canceled by the Certificate Registrar, the Grantor Trustee or the Authenticating Agent in accordance with their standard procedures.