Temporary Trust Certificate. Pending the preparation of the definitive fully registered Trust Certificate (the "Definitive Trust Certificate"), the Owner Trustee, on behalf of the Trust, may execute, authenticate and deliver, a temporary Trust Certificate that is printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the Definitive Trust Certificate in lieu of which it is issued. If a temporary Trust Certificate is issued, the Trust Depositor will cause the Definitive Trust Certificate to be prepared without unreasonable delay. After the preparation of the Definitive Trust Certificate, the temporary Trust Certificate shall be exchangeable for the Definitive Trust Certificate upon surrender of the temporary Trust Certificate at the office or agency to be maintained as provided in Section 3.08, without charge to the Holder. Upon surrender for cancellation of the temporary Trust Certificate, the Owner Trustee shall execute and authenticate and deliver in exchange therefor a like principal amount of the Definitive Trust Certificate. Until so exchanged, the temporary Trust Certificate shall in all respects be entitled to the same benefits hereunder as a Definitive Trust Certificate.
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Samples: Trust Agreement (Orix Credit Alliance Receivables Trust 2000-A), Trust Agreement (Orix Credit Alliance Receivables Trust 1999-A), Trust Agreement (Heller Funding Corp Ii)
Temporary Trust Certificate. Pending the preparation of the a definitive fully registered Trust Certificate (the "βDefinitive Trust Certificate"β), the Owner Trustee, on behalf of the Trust, may execute, authenticate and deliver, deliver a temporary Trust Certificate that is printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the Definitive Trust Certificate in lieu of which it is issued. If a temporary Trust Certificate is issued, the Trust Depositor will cause the a Definitive Trust Certificate to be prepared without unreasonable delay. After the preparation of the a Definitive Trust Certificate, the each temporary Trust Certificate shall be exchangeable for the a Definitive Trust Certificate upon surrender of the temporary Trust Certificate at the office or agency to be maintained as provided in Section 3.08, 3.08 without charge to the Holder. Upon surrender for cancellation of the a temporary Trust Certificate, the Owner Trustee shall execute and authenticate and deliver in exchange therefor a like principal amount of the a Definitive Trust Certificate. Until so exchanged, the a temporary Trust Certificate shall in all respects be entitled to the same benefits hereunder as a Definitive Trust Certificate.
Appears in 3 contracts
Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)
Temporary Trust Certificate. Pending the preparation of the definitive fully registered Trust Certificate (the "Definitive Trust CertificateDEFINITIVE TRUST CERTIFICATE"), the Owner Trustee, on behalf of the Trust, may execute, authenticate and deliver, a temporary Trust Certificate that is printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the Definitive Trust Certificate in lieu of which it is issued. If a temporary Trust Certificate is issued, the Trust Depositor will cause the Definitive Trust Certificate to be prepared without unreasonable delay. After the preparation of the Definitive Trust Certificate, the temporary Trust Certificate shall be exchangeable for the Definitive Trust Certificate upon surrender of the temporary Trust Certificate at the office or agency to be maintained as provided in Section 3.08, without charge to the Holder. Upon surrender for cancellation of the temporary Trust Certificate, the Owner Trustee shall execute and authenticate and deliver in exchange therefor a like principal amount of the Definitive Trust Certificate. Until so exchanged, the temporary Trust Certificate shall in all respects be entitled to the same benefits hereunder as a Definitive Trust Certificate.
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Temporary Trust Certificate. Pending the preparation of the definitive fully registered Trust Certificate (the "Definitive Trust Certificate"), the Owner Trustee, on behalf of the Trust, may execute, authenticate and deliver, a temporary Trust Certificate that is printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the Definitive Trust Certificate in lieu of which it is issued. If a temporary Trust Certificate is issued, the Trust Depositor will cause the Definitive Trust Certificate to be prepared without unreasonable delay. After the preparation of the Definitive Trust Certificate, the temporary Trust Certificate shall be exchangeable for the Definitive Trust Certificate upon surrender of the temporary Trust Certificate at the office or agency to be maintained as provided in Section 3.08, without charge to the Holder. Upon surrender for cancellation of the temporary Trust Certificate, the Owner Trustee shall execute and authenticate and deliver in exchange therefor a like principal amount of the Definitive Trust Certificate. Until so exchanged, the temporary Trust Certificate shall in all respects be entitled to the same benefits hereunder as a Definitive Trust Certificate.
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