Common use of Issuance of New Transferor Certificates Clause in Contracts

Issuance of New Transferor Certificates. (a) Taken together, the Transferor Certificates shall represent an undivided beneficial ownership interest in the Trust Estate subject to the lien of the Notes, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 6 contracts

Samples: Trust Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Trust Agreement (HSBC Credit Card Master Note Trust (Usa) I), Trust Agreement (Household Consumer Loan Corp Ii)

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Issuance of New Transferor Certificates. (a) Taken together, the Transferor Certificates shall represent an undivided beneficial ownership interest in the Trust Estate Assets, subject to the lien Lien of the NotesIndenture Trustee as provided in the Indenture, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Master Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 2 contracts

Samples: Trust Agreement (Nordstrom Inc), Trust Agreement (Nordstrom Inc)

Issuance of New Transferor Certificates. (a) Taken together, the Transferor Certificates shall represent an undivided beneficial ownership interest in the Trust Estate Assets, subject to the lien of the NotesNotes as provided in the Indenture, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 1 contract

Samples: Trust Agreement (Associates Credit Card Receivables Corp)

Issuance of New Transferor Certificates. (a) Taken together, the The Transferor Certificates Certificate shall represent an undivided beneficial ownership interest in the Trust Estate subject to the lien of the Notes, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 1 contract

Samples: Household Affinity Funding Corp Iii

Issuance of New Transferor Certificates. (a) Taken --------------------------------------- together, the Transferor Certificates shall represent an undivided beneficial ownership interest in the Trust Estate subject to the lien of the Notes, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 1 contract

Samples: Trust Agreement (Household Credit Card Master Note Trust I)

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Issuance of New Transferor Certificates. (a) Taken together, the Transferor Certificates shall represent an undivided beneficial ownership interest in the Trust Estate Assets, subject to the lien Lien of the NotesIndenture Trustee as provided in the Indenture, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 1 contract

Samples: Trust Agreement (Nordstrom Credit Inc)

Issuance of New Transferor Certificates. (a) Taken together, the Transferor Certificates shall represent an undivided a beneficial ownership interest in the Trust Estate and are entitled to payments from the Trust Estate, subject to the lien Lien of the NotesIndenture Trustee in the Trust Estate as provided in the Indenture, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all holders of the Transferor Certificates.

Appears in 1 contract

Samples: Note Purchase Agreement (Bon Ton Stores Inc)

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