Examples of Additional Property Agreement in a sentence
Each Co-Owner, upon acquiring an Ownership Interest of a Series or Class, acknowledges and agrees that any Additional Property relating to another Series or Class shall not be available for any purpose in respect of the Ownership Interest of such Co-Owner unless the applicable Series Purchase Agreement or Additional Property Agreement provides that such Co- Owner is to have the benefit of such Additional Property.
All calculations and determinations of amounts pursuant to the provisions hereof and each Series Purchase Agreement and each Additional Property Agreement shall be made as of the close of business on the day as of which any such calculation or determination is to be made after posting all transactions in the Accounts for such day.
The division of this Agreement into Articles and Sections and the provision of a table of contents and list of Schedules and Exhibits and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation of this Agreement, any Series Purchase Agreement or any Additional Property Agreement.
The Servicer is a corporation or Canadian chartered bank validly existing under the applicable law of its jurisdiction of organization or incorporation and has, in all material respects, full power and authority to own its properties and conduct its business as presently owned or conducted, and to execute, deliver and perform its obligations under this Agreement, each Series Purchase Agreement and each Additional Property Agreement, if applicable.
The Person in whose name a Series Account of a Series is established shall execute the related Series Purchase Agreement and any related Additional Property Agreement and, in so doing, shall become obligated to apply the funds on deposit therein in the manner, at the times and for the purposes set forth herein and in the related Series Purchase Agreement and related Additional Property Agreement.
The Seller will use its best efforts to cause all information provided to any Rating Agency pursuant to this Agreement, each Series Purchase Agreement and any Additional Property Agreement or in connection with any action required or permitted to be taken hereunder or thereunder to be complete and accurate in all material respects.
Except as otherwise expressly provided in this Agreement, any Series Purchase Agreement or any Additional Property Agreement, neither the Seller nor any Person claiming through or under the Seller has any interest in or claim to the Collection Account, any Accumulations Account or any Additional Property.
The Person in whose name the Accumulations Account of a Series is established shall execute the related Series Purchase Agreement, any related Additional Property Agreement and any other document as may be required in the Series Purchase Agreement and, in so doing, shall become obligated to apply the funds on deposit therein in the manner, at the times and for the purposes set forth herein and in the related Series Purchase Agreement and any related Additional Property Agreement.
The parties hereto acknowledge that this Agreement, each Additional Property Agreement and each document related hereto and thereto (whether or not any of such documents is also drawn up in French) has been drawn up in English at the express will of the parties.
To the extent that the definitions of accounting terms in this Agreement, any such Additional Property Agreement or in any such certificate or other document are inconsistent with the meanings of such terms under Canadian generally accepted accounting principles (including International Financial Reporting Standards), the definitions contained in this Agreement, any such Additional Property Agreement or in any such certificate or other document shall prevail.