Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes. (b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000 (c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes. (d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2014-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $439,000,000 of Class A-1 Notes, will (ii) $675,000,000 of Class A-2A Notes, (iii) $225,000,000 of Class A-2B Notes, (iv) $453,000,000 of Class A-3 Notes and (v) $175,896,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2017-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2017-A), Indenture (Mercedes-Benz Auto Lease Trust 2017-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.20000% $ 348,000,000 230,000,000 Class A-2 A-2a Notes 0.480.50% $ 539,900,000 132,000,000 Class ▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇ + 0.18% $ 393,000,000 Class A-3 Notes 0.790.68% $ 474,900,000 375,000,000 Class A-4 Notes 1.290.90% $ 136,780,000 120,000,000 Class B Notes 1.711.16% $ 47,350,000 70,290,000 Class C Notes 1.901.30% $ 31,570,000 Class D Notes 2.40% $ 31,570,00065,550,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. The Notes (other than the Class A-1 Notes) will be issuable in minimum denominations of $1,000 and in multiples of $1,000 in excess of $1,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Lease Trust 2014-A), Indenture (Ford Credit Auto Lease Trust 2014-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $265,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $437,000,000, Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $437,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $133,100,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $24,700,000, and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $41,170,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $1,000). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Auto Receivables Trust 2021-B), Indenture (Hyundai Auto Receivables Trust 2021-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such the Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such the individual has ceased to hold such office be a Responsible Person before the authentication and delivery of such the Notes or did was not hold such office a Responsible Person at the date of issuance of such the Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.18000 % $ 348,000,000 394,100,000 Class A-2 Notes 0.480.47 % $ 539,900,000 538,700,000 Class A-3 Notes 0.790.90 % $ 474,900,000 464,500,000 Class A-4 Notes 1.291.42 % $ 136,780,000 102,440,000 Class B Notes 1.711.72 % $ 47,350,000 47,360,000 Class C Notes 1.901.95 % $ 31,570,000 Class D Notes 2.402.35 % $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoingHowever, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such the minimum denomination requirement and the initial Note Balance of the Class of Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such the certificate upon any Note will be conclusive evidence, and the only evidence, that such the Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2014-B), Indenture (Ford Credit Auto Owner Trust 2014-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $300,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $315,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $214,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $467,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $90,740,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $40,560,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $42,090,000, and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $30,610,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $272,000,000 of Class A-1 Notes, will (ii) $272,500,000 of Class A-2A Notes, (iii) $272,500,000 of Class A-2B Notes, (iv) $295,000,000 of Class A-3 Notes and (v) $150,360,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2015-B Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2015-B), Indenture (Mercedes-Benz Auto Lease Trust 2015-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. following aggregate principal amounts of Notes: (i) $61,800,000 of Class A-1 Notes 0.23000% $ 348,000,000 Notes, (ii) $120,000,000 of Class A-2 Notes 0.48% $ 539,900,000 Notes, (iii) $110,000,000 of Class A-3 Notes 0.79% $ 474,900,000 Notes, (iv) $109,480,000 of Class A-4 Notes 1.29% $ 136,780,000 Notes, (v) $26,400,000 of Class B Notes 1.71% $ 47,350,000 and (vi) $12,320,000 of Class C Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes 1.90% $ 31,570,000 and Class D Notes 2.40% $ 31,570,000C Notes, as the case may be, outstanding at any time may not exceed the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.05.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof (except that on the foregoing, Closing Date one Note of each Class may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes$1,000).
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (California Republic Auto Receivables Trust 2016-1), Indenture (California Republic Auto Receivables Trust 2016-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $234,000,000 of Class A-1 Notes, will (ii) $345,000,000 of Class A-2 Notes, (iii) $365,000,000 of Class A-3 Notes and (iv) $90,020,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2018-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2018-B), Indenture (Mercedes-Benz Auto Lease Trust 2018-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $317,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $250,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $170,500,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $420,500,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $85,160,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $26,130,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $17,640,000, and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $13,070,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (CarMax Auto Owner Trust 2026-1), Indenture (CarMax Auto Owner Trust 2026-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such the Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such the individual has ceased to hold such office be a Responsible Person before the authentication and delivery of such the Notes or did was not hold such office a Responsible Person at the date of issuance of such the Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.35000% $ 348,000,000 440,000,000 Class A-2 A-2a Notes 0.480.72% $ 539,900,000 325,000,000 Class A-2b Notes one-month LIBOR + 0.23% $ 265,000,000 Class A-3 Notes 0.791.16% $ 474,900,000 587,800,000 Class A-4 Notes 1.291.58% $ 136,780,000 132,590,000 Class B Notes 1.712.04% $ 47,350,000 55,270,000 Class C Notes 1.902.21% $ 31,570,000 36,850,000 Class D Notes 2.402.71% $ 31,570,00036,850,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoingHowever, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such the minimum denomination requirement and the initial Note Balance of the Class of Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such the certificate upon any Note will be conclusive evidence, and the only evidence, that such the Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $__________ of Class A-1 Notes, will (ii) $__________ of Class A-2A Notes, (iii) $__________ of Class A-2B Notes, (iv) $__________ of Class A-3 Notes , (v) $__________ of Class A-4 Notes and (vi) $__________ of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing201_-[__] Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance, the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Daimler Trust), Indenture (Daimler Trust)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $280,000,000 of Class A-1 Notes, will (ii) $429,000,000 of Class A-2A Notes, (iii) $184,000,000 of Class A-2B Notes, (iv) $325,000,000 of Class A-3 Notes and (v) $79,930,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2016-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2016-A), Indenture (Mercedes-Benz Auto Lease Trust 2016-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $343,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $463,060,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $50,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $468,060,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $126,430,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $43,650,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $38,980,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $21,820,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the IssuerIssuing Entity by any of the Issuing Entity’s Authorized Officers. The signature of such Responsible Person any Authorized Officer of the Issuing Entity on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer receipt of an Issuing Entity Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $100,000,000 of Class A-1 Notes, will (ii) $326,000,000 of Class A-2 Notes, (iii) $266,000,000 of Class A-3 Notes, (iv) $91,500,000 of Class A-4 Notes and (v) $36,300,000 of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes Outstanding at any time may not exceed such respective amounts, except as provided in Section 2.5. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance, the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatoriesAuthorized Officers, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (World Omni LT), Indenture (World Omni LT)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.20000 % $ 348,000,000 307,100,000 Class A-2 Notes 0.480.38 % $ 539,900,000 415,300,000 Class A-3 Notes 0.790.55 % $ 474,900,000 420,700,000 Class A-4 Notes 1.290.78 % $ 136,780,000 106,850,000 Class B Notes 1.711.15 % $ 47,350,000 39,470,000 Class C Notes 1.901.36 % $ 31,570,000 26,310,000 Class D Notes 2.401.86 % $ 31,570,00026,310,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable such minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2013-A), Indenture (Ford Credit Auto Owner Trust 2013-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $[ ], Note Interest Rates and initial Note Balances as set forth below. Class A-1 A-2[-A] Notes 0.23000% $ 348,000,000 for original issue in an aggregate principal amount of $[ ], [Class A-2 A-2-B Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $[____________],] Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $[ ], Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $[ ], Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $[ ], Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $[ ], and Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $[ ]. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2[-A] Notes, [Class A-2-B Notes,] Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 [1,000] and in integral multiples of $[1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 ] in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $[1,000]). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Abs Funding Corp)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. following aggregate principal amounts of Notes: (i) $75,000,000 of Class A-1 Notes 0.23000% $ 348,000,000 Notes, (ii) $103,000,000 of Class A-2 Notes 0.48% $ 539,900,000 Notes, (iii) $106,000,000 of Class A-3 Notes 0.79% $ 474,900,000 Notes, (iv) $18,618,000 of Class A-4 Notes 1.29% $ 136,780,000 Notes, (v) $32,721,000 of Class B Notes 1.71% $ 47,350,000 Notes, (vi) $38,973,000 of Class C Notes 1.90% $ 31,570,000 and (vii) $25,010,000 of Class D Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A‑4 Notes, Class B Notes, Class C Notes 2.40% $ 31,570,000and Class D Notes, as the case may be, outstanding at any time may not exceed the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.05.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof (except that on the foregoing, Closing Date one Note of each Class may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes$1,000).
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (California Republic Auto Receivables Trust 2018-1), Indenture (California Republic Auto Receivables Trust 2018-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such the Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such the individual has ceased to hold such office be a Responsible Person before the authentication and delivery of such the Notes or did was not hold such office a Responsible Person at the date of issuance of such the Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.32000% $ 348,000,000 359,200,000 Class A-2 A-2a Notes 0.480.81% $ 539,900,000 215,000,000 Class A-2b Notes one-month LIBOR + 0.25% $ 331,400,000 Class A-3 Notes 0.791.28% $ 474,900,000 483,000,000 Class A-4 Notes 1.291.64% $ 136,780,000 111,780,000 Class B Notes 1.712.03% $ 47,350,000 47,380,000 Class C Notes 1.902.20% $ 31,570,000 31,590,000 Class D Notes 2.402.70% $ 31,570,00031,590,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoingHowever, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such the minimum denomination requirement and the initial Note Balance of the Class of Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such the certificate upon any Note will be conclusive evidence, and the only evidence, that such the Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2015-A), Indenture (Ford Credit Auto Owner Trust 2015-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $393,000,000 of Class A-1 Notes, will (ii) $405,000,000 of Class A-2-A Notes, (iii) $405,000,000 of Class A-2-B Notes, (iv) $564,290,000 of Class A-3 Notes and (v) $220,000,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2-A Notes, Class A-2-B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2014-A Closing Date, one Class A-1 Note, one Class A-2-A Note, one Class A-2-B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2-A Note Balance, the difference between such minimum denomination requirement Initial Class A-2-B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2014-A), Indenture (Mercedes-Benz Auto Lease Trust 2014-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $392,000,000 of Class A-1 Notes, will (ii) $400,000,000 of Class A-2A Notes, (iii) $400,000,000 of Class A-2B Notes, (iv) $575,000,000 of Class A-3 Notes and (v) $247,770,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2015-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2015-A), Indenture (Mercedes-Benz Auto Lease Trust 2015-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classesfollowing aggregate principal amounts of Notes: (i) $_______________ of Class A‑1 Notes, Note Interest Rates (ii) $_______________ of Class A‑2[A] Notes, (iii) [$_______________ of Class A‑2B Notes,] (iv) $_______________ of Class A‑3 Notes, (v) $_______________ of Class A‑4 Notes [and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 $________________ of Class B Notes]. The aggregate principal amount of Class A‑1 Notes, Class A‑2[A] Notes, [Class A-2B Notes,] Class A‑3 Notes, Class A‑4 Notes 1.71% $ 47,350,000 [and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000B Notes] Outstanding at any time may not exceed such respective amounts except as provided in Section 2.06.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Daimler Retail Receivables LLC), Indenture (Daimler Retail Receivables LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. following aggregate principal amounts of Notes: (i) $69,300,000 of Class A-1 Notes 0.23000% $ 348,000,000 Notes, (ii) $110,000,000 of Class A-2 Notes 0.48% $ 539,900,000 Notes, (iii) $100,000,000 of Class A-3 Notes 0.79% $ 474,900,000 Notes, (iv) $93,963,000 of Class A-4 Notes 1.29% $ 136,780,000 Notes, (v) $29,684,000 of Class B Notes 1.71% $ 47,350,000 and (vi) $16,842,000 of Class C Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes 1.90% $ 31,570,000 and Class D Notes 2.40% $ 31,570,000C Notes, as the case may be, outstanding at any time may not exceed the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.05.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof (except that on the foregoing, Closing Date one Note of each Class may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes$1,000).
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (California Republic Auto Receivables Trust 2017-1), Indenture (California Republic Auto Receivables Trust 2017-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $[ ], Note Interest Rates and initial Note Balances as set forth below. Class A-1 A-2[-A] Notes 0.23000% $ 348,000,000 for original issue in an aggregate principal amount of $[ ], [Class A-2 A-2-B Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $[____________],] Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $[ ], Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $[ ], Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $[ ], Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $[ ], and Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $[ ]. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2[-A] Notes, [Class A-2-B Notes,] Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 [1,000] and in integral multiples of $[1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 ] in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $[1,000]). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Abs Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $213,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $201,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $201,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $345,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $104,200,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $20,000,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $23,900,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $31,900,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (CarMax Auto Owner Trust 2016-1), Indenture (CarMax Auto Owner Trust 2016-1)
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the IssuerIssuing Entity by any of the Issuing Entity’s Authorized Officers. The signature of such Responsible Person any Authorized Officer of the Issuing Entity on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer receipt of an Issuing Entity Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $96,000,000 of Class A-1 Notes, will (ii) $288,290,000 of Class A-2 Notes, (iii) $288,290,000 of Class A-3 Notes, (iv) $107,390,000 of Class A-4 Notes and (v) $36,000,000 of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes Outstanding at any time may not exceed such respective amounts, except as provided in Section 2.5. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance, the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatoriesAuthorized Officers, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (World Omni Auto Leasing LLC), Indenture (World Omni LT)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $297,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $453,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $70,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $468,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $104,970,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $42,210,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $35,430,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $29,390,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $245,000,000 of Class A-1 Notes, will (ii) $490,000,000 of Class A-2 Notes, (iii) $428,000,000 of Class A-3 Notes and (iv) $110,860,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2021-A Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2021-A), Indenture (Mercedes-Benz Auto Lease Trust 2021-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $283,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $354,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $120,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $460,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $107,900,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $41,700,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $33,900,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $29,500,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $247,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $348,000,000, Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $348,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $100,750,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $20,260,000, and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $33,800,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $1,000). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Abs Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the Issuer. The signature of such Responsible Person any authorized officer of the Owner Trustee on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time authorized officers of the Issuer will Owner Trustee shall bind the Issuer, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $[__________] of Class A-1 Notes, will (ii) $[__________] of Class A-2a Notes, (iii) $[__________] of Class A-2b Notes, (iv) $[__________] of Class A-3 Notes, (v) $[__________] of Class A-4 Notes and (vi) $[__________] of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes outstanding at any time may not exceed such respective amounts, except as provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A-1 Note, one Class A-2a Note, one Class A-2b Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2a Note Balance, the difference between such minimum denomination requirement Initial Class A-2b Note Balance, the Initial Class A-3 Note Balance, the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) each, a “Residual Note”). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Financial Services Vehicle Trust), Indenture (Financial Services Vehicle Trust)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $296,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $506,670,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $606,670,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $143,290,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $27,190,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $47,370,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $22,810,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $266,000,000 of Class A-1 Notes, will (ii) $460,000,000 of Class A-2 Notes, (iii) $460,000,000 of Class A-3 Notes and (iv) $100,253,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2018-A Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2018-A), Indenture (Mercedes-Benz Auto Lease Trust 2018-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $291,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $443,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $85,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $486,100,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $97,900,000 the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $40,600,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $32,340,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $24,060,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.24000 % $ 348,000,000 347,900,000 Class A-2 Notes 0.480.45 % $ 539,900,000 467,100,000 Class A-3 Notes 0.790.67 % $ 474,900,000 471,600,000 Class A-4 Notes 1.291.11 % $ 136,780,000 110,200,000 Class B Notes 1.711.54 % $ 47,350,000 44,110,000 Class C Notes 1.901.72 % $ 31,570,000 29,410,000 Class D Notes 2.402.32 % $ 31,570,00029,410,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2013-D), Indenture (Ford Credit Auto Owner Trust 2013-D)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $263,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $271,250,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $271,250,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $480,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $90,700,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $44,810,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $42,530,000, and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $36,460,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $223,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $258,385,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $65,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $388,134,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $106,731,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $37,600,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $31,820,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $39,330,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such the Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such the individual has ceased to hold such that office before the authentication and delivery of such the Notes or did not hold such that office at the date of issuance of such the Notes.
(b) The Indenture Trustee will, upon on Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.43000% $ 348,000,000 160,000,000 Class A-2 A-2a Notes 0.481.04% $ 539,900,000 217,000,000 Class ▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇ + 0.53% $ 170,000,000 Class A-3 Notes 0.791.38% $ 474,900,000 247,000,000 Class A-4 Notes 1.291.54% $ 136,780,000 108,000,000 Class B Notes 1.711.92% $ 47,350,000 50,700,000 Class C Notes 1.902.44% $ 31,570,000 Class D Notes 2.40% $ 31,570,00047,300,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, Notes will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,0001,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such that minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such the certificate upon of authentication on any Note will be conclusive evidence, and the only evidence, that such the Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $240,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $320,000,000, Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $320,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $78,600,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $18,610,000, and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $31,030,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $1,000). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Abs Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the IssuerIssuing Entity by any of the Issuing Entity’s Authorized Officers. The signature of such Responsible Person any Authorized Officer of the Issuing Entity on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer receipt of an Issuing Entity Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $143,000,000 of Class A-1 Notes, will (ii) $275,000,000 of Class A-2a Notes, (iii) $138,970,000 of Class A-2b Notes, (iv) $413,970,000 of Class A-3 Notes, (v) $65,000,000 of Class A-4 Notes, (vi) $63,170,000 of Class B Notes and (vii) $44,210,000 of Class C Notes. The aggregate principal amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes Outstanding at any time may not exceed such respective amounts, except as provided in Section 2.6. Each Note shall be dated the date of its authentication. The Notes (other than the Retained Notes) shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof, and the Retained Notes shall be issuable as registered notes in definitive form in minimum denominations of $100,000. Notwithstanding 2,000,000 (or such lower amount as shall be approved by the foregoingDepositor in consultation with tax counsel) and integral multiples of $1,000 in excess thereof; provided, however, that on the Closing Date, one Class A-1 Note, one Class A-2a Note, one Class A-2b Note, one Class A-3 Note, one Class A-4 Note, one Class B Note and one Class C Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2a Note Balance, the difference between such minimum denomination requirement Initial Class A-2b Note Balance, the Initial A-3 Note Balance, the Initial Class A-4 Note Balance, the Initial Class B Note Balance and the initial Initial Class C Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual or electronic signature of one of its authorized signatoriesAuthorized Officers, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (World Omni LT), Indenture (World Omni LT)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $200,000,000 of Class A-1 Notes, will (ii) $530,000,000 of Class A-2 Notes, (iii) $440,000,000 of Class A-3 Notes and (iv) $109,960,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2019-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2019-B), Indenture (Mercedes-Benz Auto Lease Trust 2019-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, Securities Administrator shall upon Issuer Order, Request authenticate and deliver the Notes for original issue in an aggregate initial principal amount of $800,253,000. The Notes shall have the Classes, following Initial Note Interest Rates Balances: Class AV-1 $ 56,800,000 Class AV-2 $ 23,500,000 Class AV-3 $ 29,700,000 Class AF-1 $ 194,300,000 Class AF-2 $ 116,400,000 Class AF-3 $ 82,200,000 Class AF-4 $ 68,400,000 Class AF-5 $ 46,694,000 Class AF-6 $ 56,444,000 Class M-1 $ 25,988,000 Class M-2 $ 24,338,000 Class M-3 $ 14,438,000 Class M-4 $ 14,025,000 Class M-5 $ 11,963,000 Class M-6 $ 10,313,000 Class M-7 $ 9,075,000 Class M-8 $ 8,250,000 Class M-9 $ 7,425,000 Class N-1 $ 29,700,000 Class N-2 $ 4,700,000 Each of the Notes shall be dated the date of its authentication. The Notes shall be issuable as registered Notes and the Notes shall be issuable in the minimum initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 25,000 and in integral multiples of $1,000. The Class A-1 1 in excess thereof; provided that Offered Notes will must be issuable purchased in minimum denominations total investments of $100,000 and in multiples of $1,000 in excess of $100,000per Class. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Renaissance Home Equity Loan Trust 2006-3), Indenture (Renaissance Home Equity Loan Trust 2006-3)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.21000 % $ 348,000,000 292,200,000 Class A-2 Notes 0.480.38 % $ 539,900,000 434,800,000 Class A-3 Notes 0.790.57 % $ 474,900,000 406,400,000 Class A-4 Notes 1.290.76 % $ 136,780,000 116,330,000 Class B Notes 1.711.11 % $ 47,350,000 39,460,000 Class C Notes 1.901.32 % $ 31,570,000 26,310,000 Class D Notes 2.401.82 % $ 31,570,00026,310,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2013-B), Indenture (Ford Credit Auto Owner Trust 2013-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.22000 % $ 348,000,000 315,000,000 Class A-2 Notes 0.480.55 % $ 539,900,000 414,000,000 Class A-3 Notes 0.790.82 % $ 474,900,000 420,200,000 Class A-4 Notes 1.291.25 % $ 136,780,000 100,930,000 Class B Notes 1.711.68 % $ 47,350,000 39,480,000 Class C Notes 1.901.91 % $ 31,570,000 26,320,000 Class D Notes 2.402.50 % $ 31,570,00026,320,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2013-C), Indenture (Ford Credit Auto Owner Trust 2013-C)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $253,000,000 of Class A-1 Notes, will (ii) $235,500,000 of Class A-2A Notes, (iii) $235,500,000 of Class A-2B Notes, (iv) $471,000,000 of Class A-3 Notes and (v) $77,370,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2024-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2024-A), Indenture (Mercedes-Benz Auto Lease Trust 2024-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.26000% $ 348,000,000 177,000,000 Class A-2 A-2a Notes 0.480.59% $ 539,900,000 125,000,000 Class ▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇ + 0.27% $ 279,000,000 Class A-3 Notes 0.790.76% $ 474,900,000 250,000,000 Class A-4 Notes 1.290.96% $ 136,780,000 78,190,000 Class B Notes 1.711.23% $ 47,350,000 51,080,000 Class C Notes 1.901.51% $ 31,570,000 Class D Notes 2.40% $ 31,570,00047,670,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. The Notes (other than the Class A-1 Notes) will be issuable in minimum denominations of $1,000 and in multiples of $1,000 in excess of $1,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Lease Trust 2013-B), Indenture (Ford Credit Auto Lease Trust 2013-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $168,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $219,000,000, Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $219,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $60,270,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $12,940,000, and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount $21,560,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
(d) $1,000). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Hyundai Auto Receivables Trust 2018-B), Indenture (Hyundai Auto Receivables Trust 2018-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. following aggregate principal amounts of Notes: (i) $65,000,000 of Class A-1 Notes 0.23000% $ 348,000,000 Notes, (ii) $102,000,000 of Class A-2 Notes 0.48% $ 539,900,000 Notes, (iii) $96,000,000 of Class A-3 Notes 0.79% $ 474,900,000 Notes, (iv) $97,200,000 of Class A-4 Notes 1.29% $ 136,780,000 Notes, (v) $27,000,000 of Class B Notes 1.71% $ 47,350,000 and (vi) $12,800,000 of Class C Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes 1.90% $ 31,570,000 and Class D Notes 2.40% $ 31,570,000C Notes, as the case may be, outstanding at any time may not exceed the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.05.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof (except that on the foregoing, Closing Date one Note of each Class may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes$1,000).
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (California Republic Auto Receivables Trust 2016-2), Indenture (California Republic Auto Receivables Trust 2016-2)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $300,000,000 of Class A-1 Notes, will (ii) $160,000,000 of Class A-2A Notes, (iii) $315,000,000 of Class A-2B Notes, (iv) $475,000,000 of Class A-3 Notes and (v) $77,500,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2025-B Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2025-B), Indenture (Mercedes-Benz Auto Lease Trust 2025-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $264,600,000 of Class A-1 Notes, will (ii) $452,600,000 of Class A-2 Notes, (iii) $452,600,000 of Class A-3 Notes and (iv) $120,120,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2021-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2021-B), Indenture (Mercedes-Benz Auto Lease Trust 2021-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $309,710,000 of Class A-1 Notes, will (ii) $264,644,000 of Class A-2A Notes, (iii) $200,000,000 of Class A-2B Notes, (iv) $464,644,000 of Class A-3 Notes and (v) $66,002,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2026-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2026-A), Indenture (Mercedes-Benz Auto Lease Trust 2026-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $232,580,000 of Class A-1 Notes, will (ii) $315,320,000 of Class A-2A Notes, (iii) $175,000,000 of Class A-2B Notes, (iv) $490,320,000 of Class A-3 Notes and (v) $78,880,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2025-A Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2025-A), Indenture (Mercedes-Benz Auto Lease Trust 2025-A)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $412,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $493,900,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $107,910,000 the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $42,170,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $27,110,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature signatures of any such Responsible Person Authorized Officer of the Issuer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that whether any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at the offices on such date of issuance authentication or date of such Notesdelivery.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $278,000,000, the ClassesClass A-2a Notes for original issue in an aggregate principal amount of $392,000,000, Note Interest Rates and initial Note Balances as set forth below. the Class A-1 A-2b Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $75,000,000, the Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $394,000,000, the Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $112,630,000, the Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $37,990,000, the Class C Notes 1.90% $ 31,570,000 for original issue in an aggregate principal amount of $34,600,000 and the Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $25,780,000. The Notes, except for the aggregate principal amounts of Class A-1 Notes, will Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 5,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to any Retained Notes shall be in the applicable minimum denomination due subject to the difference between such minimum denomination requirement and the initial Note Balance of the Notesrestrictions set forth in Section 2.15.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $278,000,000 of Class A-1 Notes, will (ii) $184,500,000 of Class A-2A Notes, (iii) $280,000,000 of Class A-2B Notes, (iv) $464,500,000 of Class A-3 Notes and (v) $76,250,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2024-B Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 2 contracts
Sources: Indenture (Mercedes-Benz Auto Lease Trust 2024-B), Indenture (Mercedes-Benz Auto Lease Trust 2024-B)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230004.0176 % $ 348,000,000 544,000,000 Class A-2 Notes 0.48one-month LIBOR + 0.60% $ 539,900,000 710,400,000 Class A-3 A-3a Notes 0.793.96 % $ 474,900,000 467,200,000 Class A-3b Notes one-month LIBOR + 0.80% $ 225,000,000 Class A-4 Notes 1.294.37 % $ 136,780,000 133,500,000 Class B Notes 1.715.33 % $ 47,350,000 65,700,000 Class C Notes 1.906.57 % $ 31,570,000 43,800,000 Class D Notes 2.408.00 % $ 31,570,00043,800,000
(c) The Notes (other than the Class B Notes, the Class C Notes and the Class D Notes) will initially be issued issuable as Book-Entry Notes. The Class B Notes, except for the Class C Notes and the Class D Notes will be issuable as Definitive Notes. The Notes (other than the Class A-1 Notes, will be issuable in minimum denominations of $1,000 the Class B Notes, the Class C Notes and in multiples of $1,000. The the Class A-1 Notes D Notes) will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes, the Class B Notes, the Class C Notes and the Class D Notes will be issuable in minimum denominations of $100,000. Notwithstanding the foregoing, one Note 250,000 and in multiples of each Class may fail to be $1,000 in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesexcess thereof.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Initial Aggregate Class Principal Amount ----- ---------------- Class A-1 Notes 0.23000% $ 348,000,000 723,000,000 Class A-2 Notes 0.48% $ 539,900,000 $1,549,000,000 Class A-3 Notes 0.79% $ 474,900,000 $1,383,000,000 Class A-4 Notes 1.29% $ 136,780,000 620,000,000 Class B Notes 1.71% $ 47,350,000 135,000,000 Class C Notes 1.90% $ 31,570,000 Class D 90,000,000 The aggregate principal amount of Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The Class A-2 Notes, except for the Class A-1 A-3 Notes, will Class A-4 Notes, Class B Notes and Class C Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by an Authorized Officer of the Securities Administrator. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, Securities Administrator shall upon Issuer Order, Request authenticate and deliver the each Class of Notes for original issue in an aggregate initial principal amount equal to the ClassesInitial Note Principal Balance or Initial Notional Amount, Note Interest Rates and initial Note Balances as set forth belowapplicable, for such Class of Notes. Each of the Notes shall be dated the date of its authentication. The Class 1-A-1, Class 2-A-1A, Class 2-A-1B, Class 2-A-1C, Class 2-A-1E, Class 2-A-2, Class 3-A-1, Class 4-A-1, Class 5-A-1 Notes 0.23000% $ 348,000,000 Class A-2 shall be issuable as registered Notes 0.48% $ 539,900,000 Class A-3 in book-entry form and the Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable in the minimum denominations initial Note Principal Balances of $1,000 25,000 and in integral multiples of $1,0001 in excess thereof. The Class A-1 1-A-2, Class 3-A-2, Class 4-A-2, Class 5-A-2, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Notes will shall be issuable as registered Notes in physical form and the Notes shall be issuable in the minimum denominations initial Note Principal Balances, as applicable, of $100,000 and in integral multiples of $1,000 1 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Merrill Lynch Mortgage Investors Trust Series 2005-A9)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Request authenticate and deliver the Class A Notes and the Mezzanine Notes for original issue in the Classes, Note Interest Rates and an aggregate initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations principal amount of $1,000 and in multiples of $1,0002,402,447,000. The Class A-1 Notes will shall be issuable issued in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the an aggregate initial Note Balance of $980,178,000, the Notes.
(d) Class A-2 Notes shall be issued in an aggregate initial Note Balance of $245,045,000, the Class A-3 Notes shall be issued in an aggregate initial Note Balance of $322,746,000, the Class A-4 Notes shall be issued in an aggregate initial Note Balance of $255,582,000, the Class A-5 Notes shall be issued in an aggregate initial Note Balance of $116,095,000, the Class A-6 Notes shall be issued in an aggregate initial Note Balance of $100,000,000, the Class M-1 Notes shall be issued in an aggregate initial Note Balance of $73,329,000, the Class M-2 Notes shall be issued in an aggregate initial Note Balance of $73,329,000, the Class M-3 Notes shall be issued in an aggregate initial Note Balance of $42,257,000, the Class M-4 Notes shall be issued in an aggregate initial Note Balance of $43,500,000, the Class M-5 Notes shall be issued in an aggregate initial Note Balance of $37,285,000, the Class M-6 Notes shall be issued in an aggregate initial Note Balance of $34,800,000, the Class M-7 Notes shall be issued in an aggregate initial Note Balance of $28,585,000, the Class M-8 Notes shall be issued in an aggregate initial Note Balance of $24,858,000 and the Class M-9 Notes shall be issued in an aggregate initial Note Balance of $24,858,000. Each of the Notes shall be dated the date of its authentication. The Notes shall be issuable as registered Notes and the Notes shall be issuable in the minimum initial Note Balances of $25,000 and in integral multiples of $1 in excess thereof. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (New Century Home Equity Loan Trust, Series 2004-3)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class Note Interest Rate Initial Note Balance Class A-1 Notes 0.230000.28900 % $ 348,000,000 255,000,000 Class A-2 Notes 0.480.62 % $ 539,900,000 276,800,000 Class A-3 Notes 0.790.97 % $ 474,900,000 335,300,000 Class A-4 Notes 1.291.65 % $ 136,780,000 191,990,000 Class B Notes 1.712.38 % $ 47,350,000 33,440,000 Class C Notes 1.902.62 % $ 31,570,000 22,290,000 Class D Notes 2.403.21 % $ 31,570,00022,290,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for Notes (other than the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes ) will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes will be issuable in minimum denominations of $100,000250,000 and in multiples of $1,000 in excess thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable such minimum denomination denominations due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230005.34852% $ 348,000,000 $466,000,000 Class A-2 A-2a Notes 0.485.42% $ 539,900,000 $300,000,000 Class A-3 A-2b Notes 0.79one-month LIBOR + 0.01% $ 474,900,000 $287,596,000 Class A-4 A-3a Notes 1.295.40% $ 136,780,000 $255,444,000 Class A-3b Notes one-month LIBOR + 0.03% $294,000,000 Class A-4a Notes 5.47% $144,330,000 Class A-4b Notes one-month LIBOR + 0.05% $145,000,000 Class B Notes 1.715.60% $ 47,350,000 $59,759,000 Class C Notes 1.905.80% $ 31,570,000 $39,840,000 Class D Notes 2.407.05% $ 31,570,000$39,839,000
(c) The Notes (other than the Class A-1 Notes and the Class D Notes) will initially be issued issuable as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes and the Class D Notes will be issuable as Book-Entry Notes in minimum denominations of $100,000. Notwithstanding the foregoing, one Note 250,000 and in multiples of each Class may fail to be $1,000 in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesexcess thereof.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in the Classesan aggregate principal amount of $341,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 for original issue in an aggregate principal amount of $390,000,000, Class A-3 Notes 0.79% $ 474,900,000 for original issue in an aggregate principal amount of $469,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in an aggregate principal amount of $181,940,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $27,670,000 and Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $42,620,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, the Class B Notes and the Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. The Notes shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes.
$1,000). 10 (d2012-B Indenture) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Initial Aggregate Class Principal Amount ----- ---------------- Class A-1 Notes 0.23000% $ 348,000,000 $548,000,000 Class A-2 A-2A Notes 0.48% $ 539,900,000 $608,000,000 Class A-2B Notes $25,000,000 Class A-3 Notes 0.79% $ 474,900,000 $432,000,000 Class A-4 Notes 1.29% $ 136,780,000 $309,720,000 Class B Notes 1.71% $ 47,350,000 $50,333,000 Class C Notes 1.90% $ 31,570,000 $20,133,000 Class D Notes 2.40% $ 31,570,000$55,366,000 The aggregate principal amount of Class A-1 Notes, the Class A-2A Notes, the Class A-2B Notes, the Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes, Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes, the Class A-2A Notes, the Class A-2B Notes, the Class A-3 Notes, Class A-4 Notes, Class B Notes will initially and Class C Notes, shall be issued issuable as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The Class D Notes shall be issuable as Book-Entry Notes in minimum denominations of $100,000. Notwithstanding the foregoing, one Note 25,000 and in integral multiples of each Class may fail to be $1,000 in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesexcess thereof.
(de) The Class D Notes initially sold in the United States or to U.S. Persons in reliance on Rule 144A under the Securities Act will be issued as Book-Entry Notes in the form of one or more permanent global notes, in definitive, fully registered form without interest coupons, deposited with, and registered in the name of, the Note Depository (the "Rule 144A Global Notes"). The Class D Notes sold to non-U.S. Persons in offshore transactions in reliance on Regulation S will be issued as Book-Entry Notes and initially represented by one or more temporary global notes, respectively, in definitive, fully registered form without coupons deposited with, and registered in the name of, the Note Depository (the "Temporary Regulation S Global Notes"). On the Exchange Date, interests in the Temporary Regulation S Global Notes will, upon certification that the beneficial interests in such Temporary Regulation S Global Notes are owned by persons who are not U.S. Persons, be exchangeable for interests in permanent global notes, in definitive, fully registered form without interest coupons (the "Regulation S Global Notes" and, together with the Rule 144A Global Notes and the Temporary Regulation S Global Notes, the "Global Notes"), deposited with the Indenture Trustee as custodian for, and registered in the name of, a nominee of the Note Depository for the respective accounts of the operator of the Euroclear system ("Euroclear") and Clearstream Banking, societe anonyme ("Clearstream" and, together with Euroclear, each a "Clearance System"). The Global Notes shall be exchangeable to the extent provided in Section 2.5 below.
(f) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 $582,000,000 Class A-2 Notes 0.48% $ 539,900,000 $1,286,000,000 Class A-3 Notes 0.79% $ 474,900,000 $698,000,000 Class A-4 Notes 1.29% $ 136,780,000 $557,838,000 Class B Notes 1.71% $ 47,350,000 $99,000,000 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-2, except for the Class A-1 NotesA-3, will Class A-4 and Class B Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 $572,600,000 Class A-2 Notes 0.48% $ 539,900,000 $842,000,000 Class A-3 Notes 0.79% $ 474,900,000 $970,000,000 Class A-4 Notes 1.29% $ 136,780,000 $191,710,000 Class B Notes 1.71% $ 47,350,000 81,419,000 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-2, except for the Class A-1 NotesA-3, will Class A-4 and Class B Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 $150,000,000 Class A-2 Notes 0.48% $ 539,900,000 $250,000,000 Class A-3 Notes 0.79% $ 474,900,000 $800,000,000 Class A-4 Notes 1.29% $ 136,780,000 $650,000,000 Class A-5 Notes $164,965,000 Class B Notes 1.71% $ 47,350,000 $74,635,000 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 and Class A-2 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-3, except for the Class A-1 NotesA-4, will Class A-5 and Class B Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $414,000,000, Class A-2a Notes for original issue in the Classesaggregate principal amount of $206,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 A-2b Notes 0.23000% $ 348,000,000 for original issue in the aggregate principal amount of $630,000,000, Class A-2 A-3a Notes 0.48% $ 539,900,000 for original issue in the aggregate principal amount of $290,000,000, Class A-3 A-3b Notes 0.79% $ 474,900,000 for original issue in the aggregate principal amount of $115,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in the aggregate principal amount of $448,500,000, Class B Notes 1.71% $ 47,350,000 for original issue in an aggregate principal amount of $106,800,000, Class C Notes 1.90% $ 31,570,000 for original issue in the aggregate principal amount of $39,400,000 and Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in the Class D Stated Principal Amount of $20,767,415. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be issuable in minimum denominations dated the date of $1,000 and in multiples of $1,000its authentication. The Class A-1 Notes will shall be issuable as registered Notes in the minimum denominations denomination of $100,000 and in integral multiples of $1,000 in excess thereof. The Class D Notes shall be issuable as registered Notes in the minimum denomination of $100,0001,000,000 and in integral multiples of $1 in excess thereof. Notwithstanding the foregoingThe Class A-2 Notes, one Note of each Class may fail to A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes shall be issuable as registered Notes in the applicable minimum denomination due to the difference between such minimum denomination requirement of $1,000 and the initial Note Balance of the Notes.
(d) in integral multiples thereof. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amount of Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $229,000,000 of Class A-1 Notes, will (ii) $458,000,000 of Class A-2 Notes, (iii) $348,000,000 of Class A-3 Notes, (iv) $341,000,000 of Class A-4 Notes, (v) $60,000,000 of Class B Notes, (vi) $64,000,000 of Class C Notes and (vii) $52,000,000 of Class D Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts, except as otherwise provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (WFS Receivables Corp 3)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $272,000,000 of Class A-1 Notes, will (ii) $400,000,000 of Class A-2 Notes, (iii) $535,000,000 of Class A-3 Notes and (iv) $100,805,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2013-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon receipt of the Note Policy and an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amount of Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $330,000,000 of Class A-1 Notes, will (ii) $440,000,000 of Class A-2 Notes, (iii) $380,000,000 of Class A-3A Notes (iv) $230,000,000 of Class A-3B Notes (v) $260,000,000 of Class A-4A Notes and (vi) $160,000,000 of Class A-4B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3A Notes, the Class A-3B, the Class A-4A and Class A-4B Notes outstanding at any time may not exceed such respective amounts, except as otherwise provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (WFS Receivables Corp)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any Authorized Officer of the Owner Trustee. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Owner Trustee or the Trust Administrator shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willTrust Administrator shall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances aggregate principal or notional amounts with respect to each Class as set forth specified below. : Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000Principal Amount 1-A1 $355,558,000.00 1-A2 $83,889,000.00 2-A1 $259,072,000.00 2-A2 $46,881,000.00 A-IO (1) M1 $57,150,000.00 M2 $45,450,000.00 M3 $13,050,000.00 M4 $11,250,000.00 M5 $11,250,000.00 M6 $9,450,000.00 ___________________________
(c1) The Class A-IO Notes have no Class Principal Amount. The Class A-IO Notes will initially accrue interest on its Class Notional Amount, which as of the Closing Date will equal $223,000,000. The aggregate principal amounts of such Classes of Notes outstanding at any time may not exceed such respective amounts. The Class 1-A1, Class 1-A2, Class 2-A1 and Class 2-A2 Notes will be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum principal amount denominations of $1,000 25,000 and in integral multiples of $1,0001 in excess thereof. The Class A-1 M1, Class M2, Class M3, Class M4, Class M5, Class M6 and Class M7 Notes will be issuable issued in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The Class A-IO Notes will be issued in minimum denominations of $100,000100,000 in original notional amount and integral multiples of $1,000 in excess thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Trust Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Fieldstone Mortgage Investment Trust, Series 2004-5)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amount of Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $225,000,000 of Class A-1 Notes, will (ii) $300,000,000 of Class A-2 Notes, (iii) $318,750,000 of Class A-3 Notes, (iv) $278,125,000 of Class A-4 Notes, (v) $56,250,000 of Class B Notes, (vi) $50,000,000 of Class C Notes and (vii) $21,875,000 of Class D Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts, except as otherwise provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (WFS Receivables Corp 3)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any Authorized Officer of the Owner Trustee. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Owner Trustee or the Trust Administrator shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willTrust Administrator shall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances aggregate principal or notional amounts with respect to each Class as set forth specified below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000: 1-A $356,400,000.00 2-A 250,000,000.00 2-A1 88,200,000.00 2-A2 18,200,000.00 A-IO (1) M1 54,120,000.00 M2 41,800,000.00 M3 13,200,000.00 M4 11,000,000.00 M5 11,000,000.00 M6 13,200,000.00 ___________________________
(c1) The Class A-IO Notes have no Class Principal Amount. The Class A-IO Notes will initially accrue interest on its Class Notional Amount, which as of the Closing Date will equal $260,326,000.00. The aggregate principal amounts of such Classes of Notes outstanding at any time may not exceed such respective amounts. The Class 1-A, Class 2-A, Class 2-A1 and Class 2-A2 Notes will be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum principal amount denominations of $1,000 25,000 and in integral multiples of $1,0001 in excess thereof. The Class A-1 M1, Class M2, Class M3, Class M4, Class M5 and Class M6 Notes will be issuable issued in minimum denominations of $100,000 and integral multiples of $1 in excess thereof. The Class A-IO Notes will be issued in minimum denominations of $100,000 in original notional amount and integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Trust Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Asset Backed Sec Corp Fieldstone Mort Inv Tr Ser 2004-2)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.50555% $ 348,000,000 $353,000,000 Class A-2 Notes 0.480.65% $ 539,900,000 $273,300,000 Class A-3 Notes 0.790.98% $ 474,900,000 $473,400,000 Class A-4 Notes 1.291.58% $ 136,780,000 $192,840,000 Class B Notes 1.712.54% $ 47,350,000 $40,810,000 Class C Notes 1.902.77% $ 31,570,000 $27,210,000 Class D Notes 2.403.56% $ 31,570,000$27,210,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for Notes (other than the Class A-1 Notes, will be issuable in minimum denominations of $1,000 the Class C Notes and in multiples of $1,000. The the Class A-1 Notes D Notes) will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes, the Class C Notes and the Class D Notes will be issuable in minimum denominations of $100,000250,000 and in multiples of $1,000 in excess thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable such minimum denomination denominations due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.35740% $ 348,000,000 $640,000,000 Class A-2 Notes 0.481.21% $ 539,900,000 $409,000,000 Class A-3 Notes 0.792.17% $ 474,900,000 $805,000,000 Class A-4 Notes 1.292.98% $ 136,780,000 $219,800,000 Class B Notes 1.713.71% $ 47,350,000 $65,500,000 Class C Notes 1.904.25% $ 31,570,000 $43,700,000 Class D Notes 2.408.14% $ 31,570,000$43,700,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for Notes (other than the Class A-1 Notes, will be issuable in minimum denominations of $1,000 the Class B Notes, the Class C Notes and in multiples of $1,000. The the Class A-1 Notes D Notes) will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes, the Class B Notes, the Class C Notes and the Class D Notes will be issuable in minimum denominations of $100,000250,000 and in multiples of $1,000 in excess thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable such minimum denomination denominations due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of such Responsible Person any Authorized Officer of the Owner Trustee on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Owner Trustee shall bind the Issuer, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $[_____] of Class A-1 Notes, will (ii) $[_____] of Class A-2 Notes, (iii) $[_____] of Class A-3 Notes, and (iv) $[_____] of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts, except as provided in Section 2.5. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable book-entry form in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance and the initial Initial A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Volkswagen Public Auto Loan Securitization LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 $200,000,000 Class A-2 Notes 0.48% $ 539,900,000 $331,000,000 Class A-3 Notes 0.79% $ 474,900,000 $995,000,000 Class A-4 Notes 1.29% $ 136,780,000 $995,000,000 Class A-5 Notes $181,308,000 Class B Notes 1.71% $ 47,350,000 $100,086,000 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 and Class A-2 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-3, except for the Class A-1 NotesA-4, will Class A-5 and Class B Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $380,000,000, Class A-2 Notes for original issue in the Classesaggregate principal amount of $427,000,000, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 for original issue in the aggregate principal amount of $366,000,000, Class A-4 Notes 1.29% $ 136,780,000 for original issue in the aggregate principal amount of $282,000,000 and Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notesfor original issue in an aggregate principal amount of $45,000,000. The Notes, except for the aggregate principal amount of Class A-1 Notes, will Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be issuable in minimum denominations dated the date of $1,000 and in multiples of $1,000its authentication. The Class A-1 Notes will shall be issuable as registered Notes in the minimum denominations denomination of $100,000 and in integral multiples of $1,000 in excess thereof. The Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes shall be issuable as registered Notes in the minimum denomination of $100,0001,000 and in integral multiples thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, Securities Administrator shall upon Issuer Order, Request authenticate and deliver the Notes for original issue in an aggregate initial principal amount of $633,038,000. The Notes shall have the Classes, following Initial Note Interest Rates Balances: Class AV-1 $ 34,400,000 Class AV-2 $ 23,900,000 Class AV-3 $ 16,700,000 Class AF-1 $ 177,200,000 Class AF-2 $ 41,600,000 Class AF-3 $ 100,800,000 Class AF-4 $ 31,300,000 Class AF-5 $ 50,662,000 Class AF-6 $ 35,000,000 Class M-1 $ 20,313,000 Class M-2 $ 19,063,000 Class M-3 $ 11,563,000 Class M-4 $ 9,687,000 Class M-5 $ 8,750,000 Class M-6 $ 7,812,000 Class M-7 $ 7,500,000 Class M-8 $ 5,938,000 Class M-9 $ 6,250,000 Class N $ 24,600,000 Each of the Notes shall be dated the date of its authentication. The Notes shall be issuable as registered Notes and the Notes shall be issuable in the minimum initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 25,000 and in integral multiples of $1,000. The Class A-1 1 in excess thereof; provided that Offered Notes will must be issuable purchased in minimum denominations total investments of $100,000 and in multiples of $1,000 in excess of $100,000per Class. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Renaissance Home Equity Loan Trust 2006-4)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.230000.29487% $ 348,000,000 $455,000,000 Class A-2 Notes 0.480.80% $ 539,900,000 $328,000,000 Class A-3 Notes 0.791.51% $ 474,900,000 $602,000,000 Class A-4 Notes 1.292.42% $ 136,780,000 $197,300,000 Class B Notes 1.713.09% $ 47,350,000 $49,900,000 Class C Notes 1.903.42% $ 31,570,000 $33,300,000 Class D Notes 2.405.53% $ 31,570,000$33,300,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for Notes (other than the Class A-1 Notes, will be issuable in minimum denominations of $1,000 the Class B Notes, the Class C Notes and in multiples of $1,000. The the Class A-1 Notes D Notes) will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess thereof. The Class A-1 Notes, the Class B Notes, the Class C Notes and the Class D Notes will be issuable in minimum denominations of $100,000250,000 and in multiples of $1,000 in excess thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable such minimum denomination denominations due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue the Notes in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $__________ of Class A-1 Notes, will (ii) $__________ of Class A-2 Notes, (iii) $__________ of Class A-3 Notes , (iv) $__________ of Class A-4 Notes and (v) $__________ of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing201_-[__] Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial A-3 Note Balance,the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Daimler Trust)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Initial Aggregate Class Principal Amount ----- ---------------- Class A-1 Notes 0.23000% $ 348,000,000 $433,000,000 Class A-2 Notes 0.48% $ 539,900,000 $474,000,000 Class A-3 Notes 0.79% $ 474,900,000 $452,000,000 Class A-4 Notes 1.29% $ 136,780,000 $262,486,000 Class B Notes 1.71% $ 47,350,000 45,852,019 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1, Class A-2, Class A-3, Class A-4 and Class B Notes will initially shall be issued issuable as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral of the Notes$1,000).
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 200,000,000 Class A-2 Notes 0.48% $ 539,900,000 385,000,000 Class A-3 Notes 0.79% $ 474,900,000 1,190,000,000 Class A-4 Notes 1.29% $ 136,780,000 800,000,000 Class A-5 Notes $ 359,785,000 Class B Notes 1.71% $ 47,350,000 108,695,000 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 and Class A-2 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-3, except for the Class A-1 NotesA-4, will Class A-5 and Class B Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes on behalf of the Issuer. The signature of such Responsible Person on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual who was a Responsible Person of the Issuer will bind the Issuer, notwithstanding that such individual has ceased to hold such office before the authentication and delivery of such Notes or did not hold such office at the date of issuance of such Notes.
(b) The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 A-2[a] Notes 0.48% $ 539,900,000 [Class A-3 A-2b Notes 0.79one-month LIBOR + $ ] Class A-3[a] Notes % $ 474,900,000 [Class A-4 A-3b Notes 1.29one-month LIBOR + $ ] Class A-4[a] Notes % $ 136,780,000 [Class A-4b Notes one-month LIBOR + $ ] Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000$
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of of
$1,0001 000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will be entitled to any benefit under this Indenture or be valid for any purpose, unless it bears a certificate of authentication substantially in the form provided for in this Indenture executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenture.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amount of Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $222,000,000 of Class A-1 Notes, will (ii) $555,000,000 of Class A-2 Notes, (iii) $200,000,000 of Class A-3 Notes, (iv) $331,750,000 of Class A-4 Notes, (v) $56,250,000 of Class B Notes, (vi) $63,750,000 of Class C Notes and (vii) $48,750,000 of Class D Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts, except as otherwise provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (WFS Receivables Corp 4)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or by facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount ----- ---------------------------------- Class A-1 Notes 0.23000% $ 348,000,000 $165,110,000 Class A-2 Notes 0.48% $ 539,900,000 $147,144,000 Class A-3 Notes 0.79% $ 474,900,000 $182,194,000 Class A-4 Notes 1.29% $ 136,780,000 $107,961,000 Class B Notes 1.71% $ 47,350,000 $24,689,000 Class C Notes 1.90% $ 31,570,000 $18,105,000 Class D Notes 2.40% $ 31,570,000
(c) $13,167,000 The Notes will initially be issued as Book-Entry Notes. The Notes, except for aggregate principal amount of the Class A-1 Notes, will the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes and the Class D Notes, Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. Each Note authenticated and delivered by the Note Registrar to or upon Issuer Order on the Closing Date shall be dated as of the Closing Date. All other Notes that are authenticated after the Closing Date for any other purpose under this Indenture shall be dated the date of their authentication.
(d) The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes shall be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 as Book-Entry Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual 3 Indenture 2007-1 signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office at offices on the date of issuance of such Notes.
(b) The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. following aggregate principal amounts of Notes: (i) $64,900,000 of Class A-1 Notes 0.23000% $ 348,000,000 Notes, (ii) $113,000,000 of Class A-2 Notes 0.48% $ 539,900,000 Notes, (iii) $107,000,000 of Class A-3 Notes 0.79% $ 474,900,000 Notes, (iv) $106,730,000 of Class A-4 Notes 1.29% $ 136,780,000 Notes, (v) $22,530,000 of Class B Notes 1.71% $ 47,350,000 and (vi) $10,840,000 of Class C Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes 1.90% $ 31,570,000 and Class D Notes 2.40% $ 31,570,000C Notes, as the case may be, outstanding at any time may not exceed the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.05.
(c) Each Note shall be dated the date of its authentication. The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will shall be issuable as registered Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof (except that on the foregoing, Closing Date one Note of each Class may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral multiple of the Notes$1,000).
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (California Republic Auto Receivables Trust 2015-3)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, Securities Administrator shall upon Issuer Order, Request authenticate and deliver the Notes for original issue in an aggregate initial principal amount of $875,313,000. The Notes shall have the Classes, following Initial Note Interest Rates Balances: Class A-1A $199,200,000 Class A-1F $100,000,000 Class A-2 $ 69,000,000 Class A-3 $156,000,000 Class A-4 $ 49,600,000 Class A-5 $ 73,072,000 Class F-6 $ 54,000,000 Class M-1 $ 28,875,000 Class M-2 $ 25,813,000 Class M-3 $ 17,063,000 Class M-4 $ 13,563,000 Class M-5 $ 13,563,000 Class M-6 $ 11,813,000 Class M-7 $ 10,938,000 Class M-8 $ 8,313,000 Class M-9 $ 8,750,000 Class M-10 $ 8,750,000 Class N $ 27,000,000 Each of the Notes shall be dated the date of its authentication. The Notes shall be issuable as registered Notes and the Notes shall be issuable in the minimum initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 25,000 and in integral multiples of $1,000. The Class A-1 1 in excess thereof; provided that Offered Notes will must be issuable purchased in minimum denominations total investments of $100,000 and in multiples of $1,000 in excess of $100,000per Class. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Initial Aggregate Class Principal Amount ----- ---------------- Class A-1 Notes 0.23000% $ 348,000,000 $237,000,000 Class A-2 Notes 0.48% $ 539,900,000 $283,000,000 Class A-3 Notes 0.79% $ 474,900,000 $338,000,000 Class A-4 Notes 1.29% $ 136,780,000 $233,076,000 Class B Notes 1.71% $ 47,350,000 36,651,706 The aggregate principal amount of Class C A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes 1.90% $ 31,570,000 and Class D B Notes 2.40% $ 31,570,000Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1, Class A-2, Class A-3, Class A-4 and Class B Notes will initially shall be issued issuable as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, thereof (except for one Note of each Class class which may fail to be issued in the applicable minimum a denomination due to the difference between such minimum denomination requirement and the initial Note Balance other than an integral of the Notes$1,000).
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any Authorized Officer of the Owner Trustee. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Owner Trustee or the Trust Administrator shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willTrust Administrator shall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances aggregate principal or notional amounts with respect to each Class as set forth specified below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000: 1-A $437,672,000.00 2-A 113,823,000.00 A-IO (1) M1 41,873,000.00 M2 32,341,000.00 M3 8,511,000.00 M4 11,915,000.00 M5 6,809,000.00 M6 10,213,000.00 ___________________________
(c1) The Class A-IO Notes have no Class Principal Amount. The Class A-IO Notes will initially accrue interest on its Class Notional Amount, which as of the Closing Date will equal $187,235,890.00. The aggregate principal amounts of such Classes of Notes outstanding at any time may not exceed such respective amounts. The Class 1-A and Class 2-A Notes will be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum principal amount denominations of $1,000 25,000 and in integral multiples of $1,0001 in excess thereof. The Class A-1 M1, Class M2, Class M3, Class M4, Class M5 and Class M6 Notes will be issuable issued in minimum denominations of $100,000 and integral multiples of $1 in excess thereof. The Class A-IO Notes will be issued in minimum denominations of $100,000 in original notional amount and integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee Trust Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Merrill Lynch Mort Inv Fieldstone Mort Inv Tr Ser 2004-1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any Authorized Officer of the Owner Trustee or the Administrator. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will Owner Trustee or the Administrator shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, following Initial Note Interest Rates and initial Note Balances as set forth below. Balances: Class A-1 Notes 0.23000% A-1A $ 348,000,000 387,000,000 Class A-1B $ 75,000,000 Class A-2 Notes 0.48% $ 539,900,000 112,000,000 Class A-3 Notes 0.79% $ 474,900,000 195,000,000 Class A-4 Notes 1.29% $ 136,780,000 73,664,000 Class B Notes 1.71% A-5 $ 47,350,000 23,940,000 Class C Notes 1.90% M-1 $ 31,570,000 73,414,000 Class D Notes 2.40% M-2 $ 31,570,000
(c) 13,832,000 Class M-3 $ 21,811,000 Class M-4 $ 19,683,000 Class M-5 $ 10,640,000 Class M-6 $ 10,640,000 Class M-7 $ 12,236,000 Class M-8 $ 9,044,000 Class B-1 $ 10,108,000 Class B-2 $ 5,320,000 Class B-3 $ 5,320,000 The Notes will initially be issued as Book-Entry Notes. The Notes, except for the Class A-1 Notes, will be issuable in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial aggregate Note Balance of the Notes.
(d) Notes of each such Class Outstanding at any time may not exceed such amounts. The Notes will be issued in minimum principal amount denominations of $25,000 and integral multiples of $1.00 in excess thereof. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Greenpoint Mortgage Funding Trust 2005-He1)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willor the Securities Administrator, on behalf of the Indenture Trustee, shall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Initial Aggregate Class Principal Amount ----- ---------------- Class A-1 Notes 0.23000% $ 348,000,000 $470,300,000 Class A-2 A-2a Notes 0.48% $ 539,900,000 $150,000,000 Class A-2b Notes $488,000,000 Class A-3 Notes 0.79% $ 474,900,000 $417,000,000 Class A-4 Notes 1.29% $ 136,780,000 $155,400,000 Class B Notes 1.71% $ 47,350,000 57,800,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) 31,120,000 The Notes will initially be issued as Book-Entry Notes. The Notes, except for aggregate principal amount of the Class A-1 Notes, will the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(d) The Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes, shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee or the Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (Merrill Auto Trust Securitization 2005-1)
Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the Issuer. The signature of such Responsible Person any authorized officer of the Owner Trustee on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time authorized officers of the Issuer will Owner Trustee shall bind the Issuer, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $[______] of Class A-1 Notes, will (ii) $[______] of Class A-2 Notes, (iii) $[______] of Class A-3 Notes and (iv) $[______] of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts, except as provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2 Note Balance, the difference between such minimum denomination requirement Initial Class A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) each, a “Residual Note”). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
Appears in 1 contract
Sources: Indenture (BMW Auto Leasing LLC)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or by facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 306,000,000 Class A-2 Notes 0.48% $ 539,900,000 372,061,000 Class A-3 Notes 0.79% $ 474,900,000 396,354,000 Class A-4 Notes 1.29% $ 136,780,000 110,594,000 Class B Notes 1.71% $ 47,350,000 42,793,000 Class C Notes 1.90% $ 31,570,000 42,792,000 Class D Notes 2.40% $ 31,570,000
(c) 20,408,000 The Notes will initially be issued as Book-Entry Notes. The Notes, except for aggregate principal amount of the Class A-1 Notes, will the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes and the Class D Notes, Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. Each Note authenticated and delivered by the Note Registrar to or upon Issuer Order on the Closing Date shall be dated as of the Closing Date. All other Notes that are authenticated after the Closing Date for any other purpose under this Indenture shall be dated the date of their authentication.
(d) The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes shall be issuable as Book-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof, except that one Class C Note may be issued in multiples of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes1.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon receipt of an Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amount of Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $247,000,000 of Class A-1 Notes, will (ii) $375,000,000 of Class A-2 Notes, (iii) $349,000,000 of Class A-3 Notes, (iv) $233,000,000 of Class A-4 Notes, (v) $52,500,000 of Class B Notes, (vi) $56,000,000 of Class C Notes and (vii) $45,500,000 of Class D Notes. The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed such respective amounts, except as otherwise provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee will, shall upon Issuer Order, Order authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $320,000,000 of Class A-1 Notes, will (ii) $409,000,000 of Class A-2A Notes, (iii) $57,400,000 of Class A-2B Notes, (iv) $466,400,000 of Class A-3 Notes and (v) $69,600,000 of Class A-4 Notes. The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoing2026-B Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2A Note Balance, the difference between such minimum denomination requirement Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the initial Initial Class A-4 Note Balance of the Notes.
(d) Balance, respectively. No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the Notes The Bonds shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes Bonds may be manual or facsimile. Notes Bonds bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes Bonds or did not hold such office offices at the date of issuance of such Notes.
(b) Bonds. The Indenture Trustee will, shall upon Issuer Order, Request authenticate and deliver the Notes Class A-1, Class A-2, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class B Bonds for original issue in an aggregate initial principal amount of $1,750,621,000. Each Class of Bonds shall be issued in the Classes, Note Interest Rates and following aggregate initial Note Balances as set forth below. principal amounts: Class A-1 Notes 0.23000% $ 348,000,000 1,294,370,000 Class A-2 Notes 0.48% $ 539,900,000 100,000,000 Class A-3 Notes 0.79% M-1 $ 474,900,000 127,795,000 Class A-4 Notes 1.29% M-2 $ 136,780,000 34,137,000 Class M-3 $ 50,768,000 Class M-4 $ 56,019,000 Class M-5 $ 33,261,000 Class M-6 $ 35,887,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
(c) The Notes will initially 18,384,000 Each of the Bonds shall be issued as Book-Entry Notesdated the date of its authentication. The Notes, except for Bonds shall be issuable as registered Bonds and the Class A-1 Notes, will Bonds shall be issuable in the minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations initial Bond Principal Balances of $100,000 and in integral multiples of $1,000 1 in excess of $100,000thereof. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notes.
(d) No Note will Bond shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Bond a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will Bond shall be conclusive evidence, and the only evidence, that such Note ▇▇▇▇ has been duly authenticated and delivered under this Indenturehereunder.
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Sources: Indenture (Imh Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-7)
Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate Principal Amount Class A-1 Notes 0.23000% $ 348,000,000 $700,000,000 Class A-2 A-2a Notes 0.48% $ 539,900,000 $515,050,000 Class A-3 A-2b Notes 0.79% $ 474,900,000 $574,834,000 Class A-3a Notes $388,858,000 Class A-3b Notes $776,000,000 Class A-4 Notes 1.29% $ 136,780,000 $393,322,000 Class B Notes 1.71% $ 47,350,000 $105,728,000 Class C Notes 1.90% $ 31,570,000 70,486,000 The aggregate principal amount of Class D A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3a Notes, Class A-3b Notes, Class A-4 Notes, Class B Notes 2.40% $ 31,570,000and Class C Notes Outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-2a, except for the Class A-1 NotesA-2b, will be issuable Class A-3a, Class A-3b, Class A-4, Class B Notes and Class C No▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇k-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of the Issuer will execute the The Notes shall be executed on behalf of the IssuerIssuer by any of its Authorized Officers. The signature of any such Responsible Person Authorized Officer on the Notes may be manual or facsimile. .
(b) Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time Authorized Officers of the Issuer will shall bind the Issuer, notwithstanding that such individual has individuals or any of them have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(bc) The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates Classes and initial Note Balances aggregate principal amounts as set forth in the table below. Class Initial Aggregate ----- ----------------- Principal Amount ---------------- Class A-1 Notes 0.23000% $ 348,000,000 410,000,000 Class A-2 A-2a Notes 0.48% $ 539,900,000 200,000,000 Class A-2b Note $ 655,000,000 Class A-3 Notes 0.79% $ 474,900,000 392,000,000 Class A-4 Notes 1.29% $ 136,780,000 249,260,000 Class B Notes 1.71% $ 47,350,000 60,200,000 Class C Notes 1.90% $ 31,570,000 40,135,000 The aggregate principal amount of Class D A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes 2.40% $ 31,570,000and Class C Notes Out standing at any time may not exceed those respective amounts except as provided in Section 2.6.
(cd) The Class A-1 Notes will initially shall be issued issuable as Book-Entry NotesNotes in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof. The NotesClass A-2a, except for the Class A-1 NotesA-2b, will Class A-3, Class A-4, Class B Notes and Class C Notes shall be issuable ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇k-Entry Notes in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding the foregoing, one Note of each Class may fail to be in the applicable minimum denomination due to the difference between such minimum denomination requirement and the initial Note Balance of the Notesthereof.
(de) No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Execution, Authentication and Delivery. (a) A Responsible Person of The Notes shall be executed by the Issuer will execute the Notes Owner Trustee on behalf of the Issuer. The signature of such Responsible Person any authorized officer of the Owner Trustee on the Notes may be manual or by facsimile. Notes bearing the manual or facsimile signature of an individual individuals who was a Responsible Person were at any time authorized officers of the Issuer will Owner Trustee shall bind the Issuer, notwithstanding that any such individual has individuals have ceased to hold such office before offices prior to the authentication and delivery of such Notes or did not hold such office offices at the date of issuance of such Notes.
(b) . The Indenture Trustee willshall, upon Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as set forth below. Class A-1 Notes 0.23000% $ 348,000,000 Class A-2 Notes 0.48% $ 539,900,000 Class A-3 Notes 0.79% $ 474,900,000 Class A-4 Notes 1.29% $ 136,780,000 Class B Notes 1.71% $ 47,350,000 Class C Notes 1.90% $ 31,570,000 Class D Notes 2.40% $ 31,570,000
following aggregate principal amounts of the Notes: (ci) The Notes will initially be issued as Book-Entry Notes. The Notes, except for the $[__________] of Class A-1 Notes, will (ii) $[__________] of Class A-2a Notes, (iii) $[__________] of Class A-2b Notes, (iv) $[__________] of Class A-3 Notes, (v) $[__________] of Class A-4 Notes and (vi) $[__________] of Class B Notes. The aggregate principal amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes outstanding at any time may not exceed such respective amounts, except as provided in Section 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered notes in book-entry form in minimum denominations of $1,000 and in multiples of $1,000. The Class A-1 Notes will be issuable in minimum denominations of $100,000 and in integral multiples of $1,000 in excess of $100,000. Notwithstanding thereof; provided, however, that on the foregoingClosing Date, one Class A‑1 Note, one Class A-2a Note, one Class A-2b Note, one Class A-3 Note, one Class A-4 Note and one Class B Note may be issued in a denomination that includes any remaining portion of each the Initial Class may fail to be in A-1 Note Balance, the applicable minimum denomination due to Initial Class A-2a Note Balance, the difference between such minimum denomination requirement Initial Class A-2b Note Balance, the Initial Class A-3 Note Balance, the Initial Class A-4 Note Balance and the initial Initial Class B Note Balance of the Notes.
(d) each, a “Residual Note”). No Note will shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, purpose unless it bears there appears on such Note a certificate of authentication substantially in the form provided for in this Indenture herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note will shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered under this Indenturehereunder.
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Sources: Indenture Agreement (Financial Services Vehicle Trust)