Series Certificate Clause Samples
A Series Certificate clause defines the issuance and characteristics of certificates representing ownership or participation in a specific series within a broader financial or investment structure. Typically, this clause outlines the rights, privileges, and obligations attached to each certificate, such as voting rights, dividend entitlements, or redemption terms, and specifies how certificates are created, transferred, or cancelled. By clearly delineating the terms and conditions for series certificates, this clause ensures transparency and consistency in the management of series-based investments, helping to prevent disputes and clarify investor rights.
Series Certificate. The 2024-A Series Certificate conforms in all material respects to the descriptions thereof and the statements relating thereto contained in the Registration Statement, the Preliminary Prospectus and the Final Prospectus, as then amended or supplemented, and the 2024-A Series Certificate has been duly and validly authorized and, when executed, issued, authenticated and delivered in accordance with the Series LLC Agreement, will be duly and validly issued and outstanding and entitled to the benefits of the Series LLC Agreement.
Series Certificate. In consideration of the Transferee’s delivery to, or upon the order of, the Depositor of the Notes and the Trust Certificate, the Depositor hereby absolutely sells, transfers, assigns and otherwise conveys to the Transferee, without recourse, and the Transferee does hereby purchase and acquire, as of the date set forth above, all of the Depositor’s right, title and interest in and to the following (collectively, the “Assets”):
Series Certificate. The 20[•]-[•] Series Certificate conforms in all material respects to the descriptions thereof and the statements relating thereto contained in the Registration Statement, the Preliminary Prospectus and the Final Prospectus, as then amended or supplemented, and the 20[•]-[•] Series Certificate has been duly and validly authorized and, when executed, issued, authenticated and delivered in accordance with the Series LLC Agreement, will be duly and validly issued and outstanding and entitled to the benefits of the Series LLC Agreement.