Common use of Restrictions on Transfers of the Trust Certificate Clause in Contracts

Restrictions on Transfers of the Trust Certificate. (a) The Trust Certificate may be transferred by the Depositor or its designated Affiliate to any other Affiliate thereof, without any requirement to provide any officer’s certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor or its designated Affiliate.

Appears in 5 contracts

Samples: Trust Agreement (Key Consumer Receivables LLC), Trust Agreement (Keycorp Student Loan Trust 2003-A), Trust Agreement (KeyCorp Student Loan Trust 2005-A)

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Restrictions on Transfers of the Trust Certificate. (a) The Trust Certificate may be transferred by the Depositor or its designated Affiliate to any other Affiliate thereofof the Depositor, without any requirement to provide any officer’s 's certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor or its designated AffiliateDepositor.

Appears in 3 contracts

Samples: Trust Agreement (Keycorp Student Loan Trust 2000-A), Trust Agreement (Keycorp Student Loan Trust 2000-B), Trust Agreement (Keycorp Student Loan Trust 2001-A)

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Restrictions on Transfers of the Trust Certificate. (a) The Trust Certificate may be transferred by the Depositor or its designated Affiliate to any other Affiliate thereof, without any requirement to provide any officer’s 's certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor or its designated Affiliate.

Appears in 2 contracts

Samples: Trust Agreement (Keycorp Student Loan Trust 2002-A), Trust Agreement (Key Bank Usa National Association)

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