EXCHANGEABLE INITIAL CERTIFICATES Sample Clauses

The "Exchangeable Initial Certificates" clause establishes that initial certificates issued under an agreement can be exchanged for definitive certificates at a later stage. In practice, this means that holders of temporary or provisional certificates, often issued at the closing of a transaction, have the right to swap them for permanent, final certificates once certain conditions are met, such as the completion of administrative processes or receipt of required documentation. This clause ensures a smooth transition from temporary to permanent documentation, providing flexibility and continuity while formalities are finalized.
EXCHANGEABLE INITIAL CERTIFICATES. The Class 1-A3, Class 1-A4, Class 2-A3, Class 2-A4, Class 2-A5, Class 3-A3, Class 3-A4 and Class 3-A5 Certificates.
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EXCHANGEABLE INITIAL CERTIFICATES. The Class A-9, Class A-10, Class A-11 and Class A-12 Certificates.
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EXCHANGEABLE INITIAL CERTIFICATES. The Class I-A2 Certificates. FDIC: The Federal Deposit Insurance Corporation or any successor organization.
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EXCHANGEABLE INITIAL CERTIFICATES. The Class 1-A1, Class 1-A2, Class 2-A1 and Class 2-A2 Certificates.
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Related to EXCHANGEABLE INITIAL CERTIFICATES

  • Additional Certificates The Company shall have furnished to the Agents such certificate or certificates, in addition to those specifically mentioned herein, as the Agents may have reasonably requested as to the accuracy and completeness at each Representation Date of any statement in the Registration Statement or the Prospectuses or any documents filed under the Exchange Act and Canadian Securities Laws and deemed to be incorporated by reference into the Prospectuses, as to the accuracy at such Representation Date of the representations and warranties of the Company herein, as to the performance by the Company of its obligations hereunder, or as to the fulfillment of the conditions concurrent and precedent to the obligations hereunder of the Agents.

  • Class PO Certificates Private Certificates..................................... Class P, Class B-4, Class B-5 and Class B-6 Certificates. Rating Agencies.......................................... Fitch and S&P. Regular Certificates..................................... All Classes of Certificates other than the Class A-R Certificates. Residual Certificate..................................... Class A-R Certificates.

  • Medical Certificates Where the Employer requests medical certificates the Employer shall pay the costs of such certificates.

  • Initial Certificate Ownership Since the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5, the Depositor has been the sole Certificateholder.

  • Certificates Issuable in Classes; Distributions of Principal and Interest; Authorized Denominations The aggregate principal amount of the Certificates that may be authenticated and delivered under this Agreement is limited to the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, as specified in the Preliminary Statement to this Agreement, except for Certificates authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Certificates pursuant to Section 5.03. Such aggregate principal amount shall be allocated among one or more Classes having designations, types of interests, initial per annum Certificate Interest Rates, initial Class Principal Balances and Final Maturity Dates as specified in the Preliminary Statement to this Agreement. The aggregate Percentage Interest of each Class of Certificates of which the Class Principal Balance equals zero as of the Cut-Off Date that may be authenticated and delivered under this Agreement is limited to 100%. Certificates shall be issued in Authorized Denominations.