Common use of Restrictions on Transfer; Issuance of Supplemental Interests Clause in Contracts

Restrictions on Transfer; Issuance of Supplemental Interests. (a) Transferor may from time to time transfer a portion of the Transferor Interest by causing the issuance of one or more additional interests (each a "Supplemental Interest"), which shall be in uncertificated form. The form and terms of any Supplemental Interest shall be defined in a supplement to this Agreement (which supplement shall be subject to Section 10.9 to the extent that it amends any of the terms of this Agreement) to be delivered to or upon the order of Transferor (or the holder of a Supplemental Interest, in the case of the transfer or exchange thereof, as provided below). The issuance of any such Supplemental Interest to any Person shall be subject to satisfaction of the following conditions:

Appears in 2 contracts

Samples: Trust Agreement (CNH Wholesale Receivables Inc), Trust Agreement (CNH Wholesale Receivables Inc)

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Restrictions on Transfer; Issuance of Supplemental Interests. (a) Transferor may from time to time transfer a portion of the Transferor Interest by causing the issuance of one or more additional interests (each a "Supplemental Interest"), which shall be in uncertificated form. The form and terms of any Supplemental Interest shall be defined in a supplement to this Agreement (which supplement shall be subject to Section 10.9 10.01 to the extent that it amends any of the terms of this Agreement) to be delivered to or upon the order of Transferor (or the holder of a Supplemental Interest, in the case of the transfer or exchange thereof, as provided below). The issuance of any such Supplemental Interest to any Person shall be subject to satisfaction of the following conditions:

Appears in 2 contracts

Samples: Trust Agreement (First Bankcard Master Credit Card Trust), Trust Agreement (First Bankcard Master Credit Card Trust)

Restrictions on Transfer; Issuance of Supplemental Interests. (a) Transferor may from time to time transfer a portion of the Transferor Interest by causing the issuance of one or more additional interests (each a "Supplemental InterestSUPPLEMENTAL INTEREST"), which shall be in uncertificated form. The form and terms of any Supplemental Interest shall be defined in a supplement to this Agreement (which supplement shall be subject to Section 10.9 SECTION 10.1 to the extent that it amends any of the terms of this Agreement) to be delivered to or upon the order of Transferor (or the holder of a Supplemental Interest, in the case of the transfer or exchange thereof, as provided below). The issuance of any such Supplemental Interest to any Person shall be subject to satisfaction of the following conditions:

Appears in 1 contract

Samples: Trust Agreement (World Financial Network Credit Card Master Trust)

Restrictions on Transfer; Issuance of Supplemental Interests. (a) Transferor may from time to time transfer a portion of the Transferor Interest by causing the issuance of one or more additional interests (each a "β€œSupplemental Interest"”), which shall be in uncertificated form. The form and terms of any Supplemental Interest shall be defined in a supplement to this Agreement (which supplement shall be subject to Section 10.9 10.01 to the extent that it amends any of the terms of this Agreement) to be delivered to or upon the order of Transferor (or the holder of a Supplemental Interest, in the case of the transfer or exchange thereof, as provided below). The issuance of any such Supplemental Interest to any Person shall be subject to satisfaction of the following conditions:

Appears in 1 contract

Samples: Trust Agreement (First National Master Note Trust)

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Restrictions on Transfer; Issuance of Supplemental Interests. (a) Transferor may from time to time transfer a portion of the Transferor Interest by causing the issuance of one or more additional interests (each a "Supplemental InterestSUPPLEMENTAL INTEREST"), which shall may be in certificated or uncertificated form. The form and terms of any Supplemental Interest shall be defined in a supplement to this Agreement (which supplement shall be subject to Section 10.9 SECTION 10.1 to the extent that it amends any of the terms of this Agreement) to be delivered to or upon the order of Transferor (or the holder Holder of a Supplemental Interest, in the case of the transfer or exchange thereof, as provided below). The issuance of any such Supplemental Interest to any Person shall be subject to satisfaction of the following conditions:

Appears in 1 contract

Samples: Trust Agreement (World Financial Network Credit Card Master Trust)

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