Common use of Additional Legends Clause in Contracts

Additional Legends. Each Class _____ Certificate [and each Class _____ Certificate, ]whether issued in global form or definitive physical form shall bear a legend substantially in accordance with the following: BY ACQUIRING OR ACCEPTING ANY INTEREST IN THIS CERTIFICATE, YOU ACKNOWLEDGE THAT THIS CERTIFICATE IS SUBJECT TO A PURCHASE OPTION GRANTED TO CORPORATE ASSET BACKED CORPORATION, A DELAWARE CORPORATION (THE "DEPOSITOR"), BY UBS SECURITIES LLC UNDER THE [CLASS ____][CLASS _____ ] CALL OPTION AGREEMENT, DATED AS OF _____________, 200__ (THE "CALL OPTION AGREEMENT"), AMONG THE DEPOSITOR, AS THE SOLE INITIAL OPTION HOLDER, UBS SECURITIES LLC, AS THE INITIAL PURCHASER FROM THE DEPOSITOR, AND SOLE HOLDER AT THE TIME OF SUCH GRANT, OF THE [CLASS ____][CLASS _____ ] CERTIFICATES, AND [TRUSTEE], A NEW YORK BANKING CORPORATION, ACTING AS OPTION AGENT FOR THE [CLASS ____][CLASS _____ ] CERTIFICATEHOLDERS WITH RESPECT TO THE [CLASS ____][CLASS _____ ] OPTIONS (THE "OPTION AGENT"), WHICH OBLIGATIONS HAVE BEEN ASSUMED BY EACH SUBSEQUENT HOLDER OF SUCH [CLASS ____][CLASS _____ ] CERTIFICATES; YOU AGREE TO ASSUME THE OBLIGATION OF YOUR TRANSFEROR TO PERFORM SUCH [CLASS ____][CLASS _____ ] OPTION; AND YOU ACKNOWLEDGE THAT YOUR TRANSFEROR HAS BEEN RELEASED FROM ITS OBLIGATION TO PERFORM SUCH [CLASS ____][CLASS _____ ] OPTION. THE CALL OPTION AGREEMENT PERMITS THE HOLDER OF THE RELATED [CLASS ____][CLASS _____ ] OPTION TO PURCHASE THIS CERTIFICATE FROM YOU, WITHOUT YOUR CONSENT, AT THE TIMES AND ON THE CONDITIONS SPECIFIED IN THE CALL OPTION AGREEMENT AT THE CALL PRICE SPECIFIED IN THAT AGREEMENT. THE [CLASS ____][CLASS _____ ] OPTION MAY BE TRANSFERRED FROM TIME TO TIME. UPON THE EXERCISE OF THE RELATED [CLASS ____][CLASS _____ ] OPTION IN THE MANNER SPECIFIED IN THE CALL OPTION AGREEMENT, [THE][THIS] [CLASS ____][CLASS _____ ] CERTIFICATE WILL BE TRANSFERRED TO[, AND REGISTERED IN THE NAME OF,] THE RELEVANT [CLASS ____][CLASS _____ ] OPTION HOLDER BY THE TRUSTEE, AND YOU WILL BE PAID THE CALL PRICE FOR THIS CERTIFICATE IN ACCORDANCE WITH THE TERMS OF THE CALL OPTION AGREEMENT, WITHOUT THE REQUIREMENT OF ANY FURTHER ACTION BY YOU, EXCEPT THAT IF THE CLASS _____ CERTIFICATES ARE HELD IN DEFINITIVE FORM AT SUCH TIME YOU WILL NOT RECEIVE SUCH CALL PRICE UNLESS AND UNTIL YOU SURRENDER THIS CERTIFICATE.

Appears in 1 contract

Sources: Trust Agreement (Corporate Asset Backed Corp)

Additional Legends. Each Class _____ A-1 Certificate [and each Class _____ B-1 Certificate, ]whether issued in global form or definitive physical form shall bear a legend substantially in accordance with the following: BY ACQUIRING OR ACCEPTING ANY INTEREST IN THIS CERTIFICATE, YOU ACKNOWLEDGE THAT THIS CERTIFICATE IS SUBJECT TO A PURCHASE OPTION GRANTED TO CORPORATE ASSET BACKED CORPORATION, A DELAWARE CORPORATION (THE "DEPOSITOR"), BY UBS SECURITIES LLC UNDER THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CALL OPTION AGREEMENT, DATED AS OF _____________MARCH 8, 200__ 2004 (THE "CALL OPTION AGREEMENT"), AMONG THE DEPOSITOR, AS THE SOLE INITIAL OPTION HOLDER, UBS SECURITIES LLC, AS THE INITIAL PURCHASER FROM THE DEPOSITOR, AND SOLE HOLDER AT THE TIME OF SUCH GRANT, OF THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATES, AND [TRUSTEE]U.S. BANK TRUST NATIONAL ASSOCIATION, A NEW YORK NATIONAL BANKING CORPORATIONASSOCIATION, ACTING AS OPTION AGENT FOR THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATEHOLDERS WITH RESPECT TO THE [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTIONS (THE "OPTION AGENT"), WHICH OBLIGATIONS HAVE BEEN ASSUMED BY EACH SUBSEQUENT HOLDER OF SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATES; YOU AGREE TO ASSUME THE OBLIGATION OF YOUR TRANSFEROR TO PERFORM SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION; AND YOU ACKNOWLEDGE THAT YOUR TRANSFEROR HAS BEEN RELEASED FROM ITS OBLIGATION TO PERFORM SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION. THE CALL OPTION AGREEMENT PERMITS THE HOLDER OF THE RELATED [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION TO PURCHASE THIS CERTIFICATE FROM YOU, WITHOUT YOUR CONSENT, AT THE TIMES AND ON THE CONDITIONS SPECIFIED IN THE CALL OPTION AGREEMENT AT THE CALL PRICE SPECIFIED IN THAT AGREEMENT. THE [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION MAY BE TRANSFERRED FROM TIME TO TIME. UPON THE EXERCISE OF THE RELATED [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION IN THE MANNER SPECIFIED IN THE CALL OPTION AGREEMENT, [THE][THIS] [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATE WILL BE TRANSFERRED TO[, AND REGISTERED IN THE NAME OF,] THE RELEVANT [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION HOLDER BY THE TRUSTEE, AND YOU WILL BE PAID THE CALL PRICE FOR THIS CERTIFICATE IN ACCORDANCE WITH THE TERMS OF THE CALL OPTION AGREEMENT, WITHOUT THE REQUIREMENT OF ANY FURTHER ACTION BY YOU, EXCEPT THAT IF THE CLASS _____ A-1 CERTIFICATES ARE HELD IN DEFINITIVE FORM AT SUCH TIME YOU WILL NOT RECEIVE SUCH CALL PRICE UNLESS AND UNTIL YOU SURRENDER THIS CERTIFICATE.

Appears in 1 contract

Sources: Trust Agreement (Corporate Asset Backed Corp Cabco Series 2004 1 Trust)

Additional Legends. Each Class _____ A-1 Certificate [and each Class _____ B-1 Certificate, ]whether issued in global form or definitive physical form shall bear a legend substantially in accordance with the following: BY ACQUIRING OR ACCEPTING ANY INTEREST IN THIS CERTIFICATE, YOU ACKNOWLEDGE THAT THIS CERTIFICATE IS SUBJECT TO A PURCHASE OPTION GRANTED TO CORPORATE ASSET BACKED CORPORATION, A DELAWARE CORPORATION (THE "DEPOSITOR"), BY UBS SECURITIES WARBURG LLC UNDER THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CALL OPTION AGREEMENT, DATED AS OF _____________JUNE 21, 200__ 2002 (THE "CALL OPTION AGREEMENT"), AMONG THE DEPOSITOR, AS THE SOLE INITIAL OPTION HOLDER, UBS SECURITIES WARBURG LLC, AS THE INITIAL PURCHASER FROM THE DEPOSITOR, AND SOLE HOLDER AT THE TIME OF SUCH GRANT, OF THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATES, AND [TRUSTEE]THE BANK OF NEW YORK, A NEW YORK BANKING CORPORATION, ACTING AS OPTION AGENT FOR THE [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATEHOLDERS WITH RESPECT TO THE [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTIONS (THE "OPTION AGENT"), WHICH OBLIGATIONS HAVE BEEN ASSUMED BY EACH SUBSEQUENT HOLDER OF SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATES; YOU AGREE TO ASSUME THE OBLIGATION OF YOUR TRANSFEROR TO PERFORM SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION; AND YOU ACKNOWLEDGE THAT YOUR TRANSFEROR HAS BEEN RELEASED FROM ITS OBLIGATION TO PERFORM SUCH [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION. THE CALL OPTION AGREEMENT PERMITS THE HOLDER OF THE RELATED [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION TO PURCHASE THIS CERTIFICATE FROM YOU, WITHOUT YOUR CONSENT, AT THE TIMES AND ON THE CONDITIONS SPECIFIED IN THE CALL OPTION AGREEMENT AT THE CALL PRICE SPECIFIED IN THAT AGREEMENT. THE [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION MAY BE TRANSFERRED FROM TIME TO TIME. UPON THE EXERCISE OF THE RELATED [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION IN THE MANNER SPECIFIED IN THE CALL OPTION AGREEMENT, [THE][THIS] [CLASS ____][CLASS _____ A-1][CLASS B-1] CERTIFICATE WILL BE TRANSFERRED TO[, AND REGISTERED IN THE NAME OF,] THE RELEVANT [CLASS ____][CLASS _____ A-1][CLASS B-1] OPTION HOLDER BY THE TRUSTEE, AND YOU WILL BE PAID THE CALL PRICE FOR THIS CERTIFICATE IN ACCORDANCE WITH THE TERMS OF THE CALL OPTION AGREEMENT, WITHOUT THE REQUIREMENT OF ANY FURTHER ACTION BY YOU, EXCEPT THAT IF THE CLASS _____ A-1 CERTIFICATES ARE HELD IN DEFINITIVE FORM AT SUCH TIME YOU WILL NOT RECEIVE SUCH CALL PRICE UNLESS AND UNTIL YOU SURRENDER THIS CERTIFICATE.

Appears in 1 contract

Sources: Trust Agreement (Corporate Asset Backed Corp)