Common use of Authentication of Certificates Clause in Contracts

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee by manual signature, which authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 71 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2024-2), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)

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Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A executed by the Owner Trustee by manual signature, which authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 40 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2009-1), Trust Agreement (CarMax Auto Owner Trust 2014-4), Trust Agreement (Carmax Auto Funding LLC)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchief executive officer, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary chief financial officer or any assistant secretarychief accounting officer, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 16 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2001 2), Trust Agreement (Mmca Auto Owner Trust 2001-3), Trust Agreement (Mmca Auto Owner Trust 2001-1)

Authentication of Certificates. Concurrently with the initial sale of the Receivables Loans and other Trust Property to the Trust pursuant to Section 2.01 of the Sale and Servicing Agreement, on the date hereof, the Owner Trustee shall cause Trustee, in the Certificates to be executed name and on behalf of the TrustTrust shall execute by manual or facsimile signature one or more Certificates having the respective Percentage Interests (in the aggregate not to exceed 100%) specified in writing by the Board or the Administrator, authenticated and shall deliver the Certificates to the Certificate Registrar to be authenticated, issued and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary Board or any assistant secretary, the Administrator without further limited liability company action by the DepositorBoard. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Certificate Registrar, as authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 9 contracts

Samples: Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Contribution Agreement, the Owner Trustee shall cause the Certificates in an aggregate Certificate Percentage Interest equal to 100% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, its chief financial officer, its chief accounting officer, any vice president, its secretary, any assistant vice presidentsecretary, its treasurer, treasurer or any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (Capital One Auto Finance Trust 2002-C), Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Capital One Auto Receivables Trust 2001-B)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal amount equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchief executive officer, any vice presidentchief financial officer, any assistant vice presidentchief accounting officer, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A attached hereto executed by the Owner Trustee or Wilmington Trust Company, as the Owner Trustee's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2002-5), Trust Agreement (Mmca Auto Owner Trust 2002-4), Trust Agreement (Mmca Auto Owner Trust 2002-5)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates with an aggregate Certificate Balance equal to $4,807,160.19 to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.

Appears in 2 contracts

Samples: Trust Agreement (Consumer Portfolio Services Inc), Trust Agreement (Consumer Portfolio Services Inc)

Authentication of Certificates. Concurrently with the ------------------------------ initial sale of the Receivables Underlying Securities to the Trust pursuant to the Sale and Servicing AgreementTrust, the Owner Trustee shall cause the Certificates in an aggregate principal amount equal to the Initial Certificate Balance to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president, any vice president, any assistant vice president, its treasurer, secretary or any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, Agreement or shall be valid for any purpose, purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Administrator, as the Trust's authenticating agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Ml Asset Backed Corp)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.

Appears in 1 contract

Samples: And (Consumer Portfolio Services Inc)

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Authentication of Certificates. Concurrently Simultaneously with the initial sale of the Receivables sale, assignment and transfer to the Trust of the Contracts and the delivery to the Trust of the Contract Files and the other Trust Property pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause Certificates in authorized denominations in an aggregate principal amount equal to the Certificates Certificate Principal Balance to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its president, any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company action by the Depositor. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A B, executed by the Owner Trustee or the Authentication Agent, by manual or facsimile signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. _____ is hereby initially appointed Authentication Agent. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Green Tree Financial Corp)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates Certificates, in an aggregate principal balance equal to the Initial Certificate Balance, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its the chairman of the board, the president, any executive vice president, any vice president, any assistant vice presidentthe secretary, its treasurer, any assistant treasurer, its secretary or any assistant secretary, the treasurer or any assistant treasurer of the Depositor, without further limited liability company action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder Certificateholder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, attached hereto executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Usaa Federal Savings Bank)

Authentication of Certificates. Concurrently with the initial sale contribution of the Receivables Trust Property to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates in an aggregate Certificate Percentage Interest equal to 100% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the DepositorServicer, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the DepositorServicer, in authorized denominations. No Certificate shall entitle its Holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee (or SunTrust Bank, as the Owner Trustee’s authentication agent) by the manual signature, which signature of one of its authorized signatories. Such certificate of authentication shall constitute conclusive evidence evidence, and the only evidence, that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery No further Certificates shall be issued except pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust AgreementSection 3.4 or 3.5.

Appears in 1 contract

Samples: Trust Agreement (Textron Financial Corp)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificates with an aggregate Certificate Balance equal to $3,750,000 to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its presidentchairman of the board, its president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary treasurer or any assistant secretary, treasurer without further limited liability company corporate action by the Depositor, in authorized denominations. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A A, executed by the Owner Trustee or the Owner Trustee's authentication agent, by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, Bankers Trust Company shall be the initial authentication agent of the Owner Trustee and delivery pursuant all references herein to the terms hereof, authentication of Certificates shall be deemed to include the Certificates will be entitled to the benefits of this Trust Agreementauthentication agent.

Appears in 1 contract

Samples: Trust Agreement (Consumer Portfolio Services Inc)

Authentication of Certificates. Concurrently with the initial sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner The Trustee shall cause the Certificates to be executed on behalf of the Trust, authenticated authenticated, and delivered to or upon the written order of the DepositorSeller, signed by its chairman of the board, any vice chairman of the board, its president, any executive vice president, any senior vice president or any vice president, any assistant vice president, its treasurer, any assistant treasurer, its secretary or any assistant secretary, without further limited liability company corporate action by the DepositorSeller, in authorized denominations, pursuant to this Agreement. No Certificate shall entitle its Holder holder to any benefit under this Trust Agreement, or shall be valid for any purpose, unless there shall appear on such Certificate a certificate of authentication authentication, substantially as set forth in the form set forth in of Class A Certificate attached as Exhibit A B-1 hereto or form of Class B Certificate attached as Exhibit B-2 hereto, as applicable, executed by the Owner Trustee by manual signature, which ; such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Upon issuance, authentication and delivery pursuant to the terms hereof, the Certificates will be entitled to the benefits of this Trust Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB)

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