Common use of The Certificate Clause in Contracts

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.

Appears in 10 contracts

Samples: Trust and Servicing Agreement (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note), Trust and Servicing Agreement (Uacsc 2001-a Owner Trust), Trust and Servicing Agreement (Uacsc 2001-C Owner Trust)

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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)

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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 Trust and Servicing Agreement 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)

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