The Certificate. The Certificate shall be issued in the form of one or more certificates and shall initially be issued to the Seller. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of a Responsible Officer of the Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate.
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Samples: Trust and Servicing Agreement (Uacsc 2000-a Owner Trust Auto Rec Backed Notes), Trust and Servicing Agreement (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Trust and Servicing Agreement (United Fidelity Finance LLC)
The Certificate. The Certificate shall be issued in the form of one or more certificates and shall initially be issued to the SellerTransferor. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of a Responsible Officer of the Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be a valid and binding obligation obligations of the Trust, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Bay View Deposit CORP)
The Certificate. The Certificate shall be issued in the form of one or more certificates and shall initially be issued to the Seller. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of a Responsible Officer of the Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be a valid and binding obligation obligations of the Trust, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Uacsc 1999-B Owner Tr Auto Rec Bk Notes)
The Certificate. The Certificate shall be issued in the form of one or more certificates and shall initially be issued to the SellerTransferor. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of a Responsible Officer of the Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Bay View Securitization Corp)