The Trust Certificate. The Trust Certificate shall be substantially in the form of Exhibit B hereto. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and shall be deemed to have been validly issued when so executed. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. The Trust Certificate shall be issued as a single, physical, full registered certificate, substantially in the form of Exhibit A hereto and shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee, upon the order of the Depositor to the Owner Trustee concurrently with the initial sale and assignment to the Trust of the Financed Student Loans. The Trust Certificate shall represent the entire beneficial ownership interest in the assets of the Trust, subject to the debt represented by the Notes. The initial Trust Certificate and each Trust Certificate issued in exchange or upon transfer therefor shall be manually executed by an Authorized Officer of the Owner Trustee. Any Trust 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 valid and binding 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 Trust Certificate or did not hold such offices at the date of authentication and delivery of such Trust Certificate. The initial holder of the Trust Certificate shall be the Depositor or its designated Affiliate. A transferee of the Trust Certificate shall be the “holder of the Trust Certificate” for all purposes hereunder, and shall be entitled to the rights and be subject to the obligations of the holder of the Trust Certificate hereunder, upon such transferee’s acceptance of the Trust Certificate duly registered in such transferee’s name pursuant to Section 3.04 below.
The Trust Certificate. Section 3.03.
The Trust Certificate. The Trust Certificate shall be substantially in the form of Exhibit B hereto. The Trust Certificate shall be issued in an amount equal to the Certificate Balance. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and shall be deemed to have been validly issued when so executed. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. The Trust Certificate shall be substantially in the form of Exhibit B-2 hereto. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and shall be deemed to have been validly issued when so executed. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them have eased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. The Trust Certificate shall be substantially in the form of EXHIBIT B hereto. The Trust Certificate shall be issued with an original Certificate balance equal to the Certificate Balance. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and, upon authentication pursuant to Section 3.03, shall be deemed to have been validly issued when so executed and authenticated. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of the authentication and delivery of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. REGISTER (f) The Receivables Trustee shall cause to be kept and maintained at the registered office or other agency of the Receivables Trustee maintained outside of the United Kingdom a register (the "TRUST CERTIFICATE REGISTER") which shall (i) record the identity of the Beneficiaries of the Receivables Trust from time to time, their Classes, their respective addresses in England, the applicable Acquisition Date, in respect of Investor Beneficiaries, their Investor Interests and the related Series to which they belong, and any other relevant information in respect thereof and (ii) register transfers and exchanges of the beneficial entitlements of such Beneficiaries under the Receivables Trust.
The Trust Certificate. The Trust Certificate shall be substantially in the form of Exhibit B hereto. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee. The Trust Certificate bearing the manual or facsimile signature of an individual who was, at the time when such signature was affixed, authorized to sign on behalf of the Owner Trustee shall be valid and binding obligations of the Trust, notwithstanding that such individual has ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such office at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. The Trust Certificate, which shall represent only legal ownership of the Trust and shall not represent any economic interest in the Trust, shall be substantially in the form of Exhibit B-1 hereto. The Original Trust Certificate was previously executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and was deemed to have been validly issued when so executed. On the Closing Date, the Trust Owner shall exchange the Original Trust Certificate for the Trust Certificate. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and shall be deemed to have been validly issued when so executed. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication.
The Trust Certificate. The Trust Certificate, which shall represent only legal ownership of the Trust and shall not represent any economic interest in the Trust, shall be substantially in the form of Exhibit B-1 hereto. The Original Trust Certificate was previously executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and was deemed to have been validly issued when so executed. On the Closing Date, the Trust Owner shall exchange the Original Trust Certificate for the Trust Certificate. The Trust Certificate shall be executed by the Owner Trustee on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and shall be deemed to have been validly issued when so executed. The Trust Certificate bearing the manual or facsimile signature of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Owner Trustee shall be a valid and binding obligation of the Trust, notwithstanding that such individuals or any of them ceased to be so authorized prior to the authentication and delivery of such Trust Certificate or did not hold such offices at the date of such Trust Certificate. The Trust Certificate shall be dated the date of its authentication. Authentication and Delivery of Trust Certificate. The Owner Trustee previously, on December 17, 2013, caused to be authenticated and delivered upon the order of the Depositor, in exchange for the assets constituting the Trust Estate, the Original Trust Certificate duly authenticated by the Owner Trustee, evidencing the entire ownership of the Trust. As indicated above in Section 3.02, on the Closing Date, the Trust Owner shall exchange the Original Trust Certificate for the Trust Certificate. No Trust Certificate shall be entitled to any benefit under this Agreement, or be vacated for any purpose, unless there appears on such Trust Certificate a certificate of authentication substantially in the form set forth in the form of Trust Certificate attached hereto as Exhibit B-1, executed by the Owner Trustee or its authenticating agent, by manual signature, and such certificate upon any Trust Certificate shall be conclusive evidence, and the only evidence, that such Trust Certificate has been duly authenticated and delivered hereunder. Upon (a) the issuance, authorization and delivery of the Trust Certificate as provided herein, and (b) the exchange of the Original Trust Certificate for ...
