Common use of Form of Certificates Clause in Contracts

Form of Certificates. (a) The Transferor or any Additional Transferor may elect at any time, by written notice to the Trustee, to have its interest in the Trust be (i) an uncertificated interest or (ii) evidenced by a certificate. The Transferor Certificate, if certificated, will be issued in registered form, substantially in the form of EXHIBIT A, and shall upon issue, be executed and delivered by the Transferor to the Owner Trustee for authentication and redelivery as provided in Section 3.03. If the Transferor or any Additional Transferor elects to have its interest in the Trust be uncertificated, it shall deliver to the Owner Trustee for cancellation any Transferor Certificate or Supplemental Certificate, as the case may be, previously issued and the Owner Trustee shall make appropriate entries in its books and records to evidence such uncertificated interest in the Trust. The Owner Trustee shall keep with the books and records of the Trust a register, in book-entry form, of each Person owning any uncertificated interest in the Trust.

Form of Certificates. (a) The Transferor’s initial interest in the Trust will be uncertificated. The Transferor or any Additional Transferor may elect at any time, by written notice to the Owner Trustee, to have its interest in the Trust be (i) an uncertificated interest or (ii) evidenced by a certificate. The Transferor Certificate, if subsequently certificated, will be issued in registered form, substantially in the form of EXHIBIT Exhibit A, and shall upon issue, be executed and delivered by the Transferor to the Owner Trustee for authentication and redelivery as provided in Section 3.03. If the Transferor or any Additional Transferor elects to have its interest in the Trust be uncertificated, it shall deliver to the Owner Trustee for cancellation any Transferor Certificate or Supplemental Certificate, as the case may be, previously issued and the Owner Trustee shall make appropriate entries in its books and records to evidence such uncertificated interest in the Trust. The Owner Trustee shall keep with the books and records of the Trust a register, in book-entry form, of each Person owning any uncertificated interest in the Trust.

Form of Certificates. (a) The Transferor or any Additional -------------------- Transferor may elect at any time, by written notice to the Trustee, to have its interest in the Trust be (i) an uncertificated interest or (ii) evidenced by a certificate. The Transferor Certificate, if certificated, will be issued in registered form, substantially in the form of EXHIBIT Exhibit A, and shall upon issue, --------- be executed and delivered by the Transferor to the Owner Trustee for authentication and redelivery as provided in Section 3.03. If the Transferor or any Additional Transferor elects to have its interest in the Trust be uncertificated, it shall deliver to the Owner Trustee for cancellation any Transferor Certificate or Supplemental Certificate, as the case may be, previously issued and the Owner Trustee shall make appropriate entries in its books and records to evidence such uncertificated interest in the Trust. The Owner Trustee shall keep with the books and records of the Trust a register, in book-entry form, of each Person owning any uncertificated interest in the Trust.

Form of Certificates. (a) The Transferor or any Additional Transferor may elect at any time, by written notice to the Owner Trustee, to have its interest in the Trust be (i) an uncertificated interest or (ii) evidenced by a certificate. The Transferor Certificate, if certificated, will be issued in registered form, substantially in the form of EXHIBIT Exhibit A, and shall upon issue, be executed and delivered by the Transferor to the Owner Trustee for authentication and redelivery as provided in Section 3.03. If the Transferor or any Additional Transferor elects to have its interest in the Trust be uncertificated, it shall deliver to the Owner Trustee for cancellation any Transferor Certificate or Supplemental Certificate, as the case may be, previously issued and the Owner Trustee shall make appropriate entries in its books and records to evidence such uncertificated interest in the Trust. The Owner Trustee shall keep with the books and records of the Trust a register, in book-entry form, of each Person owning any uncertificated interest in the Trust.

Form of Certificates. (a) The Transferor or any Additional Transferor may elect at any time, by written notice to the Trustee, to have its interest in the Trust be (i) an uncertificated interest or (ii) evidenced by a certificate. The Transferor Certificate, if certificated, will be issued in registered form, substantially in the form of EXHIBIT Exhibit A, and shall upon issue, be executed and delivered by the Transferor to the Owner Trustee for authentication and redelivery as provided in Section 3.03. If the Transferor or any Additional Transferor elects to have its interest in the Trust be uncertificated, it shall deliver to the Owner Trustee for cancellation any Transferor Certificate or Supplemental Certificate, as the case may be, previously issued and the Owner Trustee shall make appropriate entries in its books and records to evidence such uncertificated interest in the Trust. The Owner Trustee shall keep with the books and records of the Trust a register, in book-entry form, of each Person owning any uncertificated interest in the Trust.