Seller’s Certificate definition

Seller’s Certificate means the form of certificate to be executed and delivered by Seller to Purchaser at the Closing with respect to the truth and accuracy of Seller’s warranties and representations contained in this Agreement (modified and updated as the circumstances require), in the form attached hereto as SCHEDULE 7.

Seller’s Certificate means a certificate to the effect that each of the conditions specified in clauses (a) through (c) (insofar as clause (c) relates to an action, suit or proceeding involving, or a judgment, order, decree, stipulation or injunction against, a Seller) of Section 5.1 is satisfied.

Seller’s Certificate means, collectively, the Bank Certificate and any outstanding Supplemental Certificates.

Examples of Seller’s Certificate in a sentence

• Notes so owned which have been pledged in good faith shall not be disregarded and may be regarded as outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Notes and that the pledgee is not either Seller, the Servicer, any other holder of a Sellers’ Certificate or any Affiliate thereof.

• A Sellers’ Certificate has been issued to the Sellers pursuant to the Agreement which represents the Sellers’ Interest.

• Upon the termination of the Trust pursuant to Section 12.01 and the surrender of the Sellers’ Certificate, the Trustee shall sell, assign and convey to the Sellers or their designee, without recourse, representation or warranty, all right, title and interest of the Trust in the Receivables, whether then existing or thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof, except for amounts held by the Trustee pursuant to Section 12.02(b).

• Certificates so owned which have been pledged in good faith shall not be disregarded and may be regarded as outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Certificates and that the pledgee is not any Seller, the Servicer, any other holder of a Sellers’ Certificate or any Affiliate thereof, and in the case of Section 14.02(a) or 14.02(b), the pledgee is not the Asset Representations Reviewer or any Affiliate thereof.

• Certificates so owned which have been pledged in good faith shall not be disregarded and may be regarded as outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Certificates and that the pledgee is not any Seller, the Servicer, any other holder of a Sellers’ Certificate or any Affiliate thereof.

More Definitions of Seller’s Certificate

Seller’s Certificate means a written certificate signed by Optionee, in form satisfactory to Optionor and dated as of the date of any sale of Optioned Units hereunder, to the effect that the representations and warranties of Optionee set forth in Section 8(a), (b), (c), (d) and (f) of this Agreement are true and correct in all respects as of the date of the sale of any Optioned Units hereunder.

Seller’s Certificate shall have the meaning set forth in Section 6.1.

Seller’s Certificate means the certificate of the Sellers in the form of Exhibit D attached hereto. ---------

Seller’s Certificate shall have the meaning set forth in Section 3.1.

Seller’s Certificate is defined in Section 12.3(f).

Seller’s Certificate means the certificate that represents the interest of the Sellers in the Trust, executed and authenticated by the Trustee, substantially in the form of EXHIBIT A, with appropriate insertions, and exchangeable as provided in SECTION 5.9.

Seller’s Certificate shall have the meaning set forth in Section 10.2.1.