Common use of Release of Pledged Assets Clause in Contracts

Release of Pledged Assets. Subject to Section 13.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt of an Issuer Request accompanied by an Officer's Certificate, an Opinion of Counsel and Independent Certificates in accordance with Sections 314(c) and 314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 12 contracts

Samples: Indenture (Uacsc Auto Trusts Uacsc 1999-C Owner Trust Auto Rec Bac Note), Indenture (Uacsc Auto Trusts), Indenture (Uacsc 1999-B Owner Tr Auto Rec Bk Notes)

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Release of Pledged Assets. Subject to Section 13.01 12.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt of an Issuer Request accompanied by an Officer's Certificate, an Opinion of Counsel and Independent Certificates in accordance with Sections 314(c) and 314(d)(l314(d) (1) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Bay View Deposit CORP), Indenture (Bay View Transaction Corp)

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Release of Pledged Assets. Subject to Section 13.01 12.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt of an Issuer Request accompanied by an Officer's Certificate, an Opinion of Counsel and Independent Certificates in accordance with Sections 314(c) and 314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Indenture (United Fidelity Finance LLC)

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