Common use of Purchase, Sale and Delivery of Certificates Clause in Contracts

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, the aggregate principal amounts of the Class A Certificates set forth opposite the names of the Underwriters in Schedule I hereto. The Class A Certificates are to be purchased at the purchase price of /___/% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/, 1998, to (but excluding) the Closing Date. Against payment of the purchase price by wire transfer of immediately available funds to the Seller, the Seller will deliver the Class A Certificates to the Representatives, for the account of the Underwriters, at the office of Weil, Gotshal & Xxxxxx LLP, at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, on /____/, 1998, at 10:00 a.m., New York time, or at such other time not later than seven full business days thereafter as the Representatives and the Seller determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Nissan Auto Receivables Corp /De

AutoNDA by SimpleDocs

Purchase, Sale and Delivery of Certificates. On the basis of the -------------------------------------------- representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forthforth herein, the Seller Transferor agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, Transferor the aggregate principal amounts amount of the Class A Certificates set forth opposite the names of the Underwriters in Schedule I hereto. The Class A Certificates are to be purchased at the purchase price of /___/% __________% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/, 1998, to (but excluding) the Closing Datethereof. Against payment of the purchase price by wire transfer of in immediately available funds drawn to the Sellerorder of the Transferor, the Seller Transferor will deliver the Class A Certificates to the RepresentativesRepresentative, for the account of the Underwriters, at the office offices of Weil, Gotshal Brown & Xxxxxx Wood LLP, at 000 Xxxxx XxxxxxNew York, Xxx Xxxx, Xxx XxxxNew York, on /____/__________, 1998, ____ at 10:00 a.m.__:00 __.m., New York time, or at such other time not later than seven full business days thereafter as the Representatives Representative and the Seller Transferor determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreementcircumstances.

Appears in 1 contract

Samples: Underwriting Agreement (Ford Credit Auto Receivables LLC)

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to cause the Trust to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the SellerTrust, the aggregate principal amounts amount of the Class A Certificates set forth opposite the names name of the Underwriters such Underwriter in Schedule I hereto. The Class A Certificates are to be purchased hereto at the a purchase price of /___/% of equal to the aggregate principal amount thereof Total Price to Seller specified in Schedule III hereto plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/__________, 1998, 199_ to (but excluding) the Closing Date. Against The Seller will deliver the Certificates to the Representative, for the account of the Underwriters, against payment of the purchase price by wire transfer of immediately available funds to the Seller, or to such bank as may be designated by the Seller will deliver the Class A Certificates to the Representatives, for the account of the UnderwritersSeller, at the office of Weil, Gotshal Xxxxxxx Xxxx & Xxxxxx Xxxxx LLP, at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx XxxxXxxx 00000 on __________, on /____/, 1998, 199_ at 10:00 a.m., New York City time, or at such other time not later than seven full business days thereafter as the Representatives Representative and the Seller determine, such time being herein referred to as the "Closing Date". ." The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement. The certificates evidencing the Certificates will be made available for checking and packaging at the offices of Xxxxxxx Xxxx & Xxxxx LLP at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Holdings Inc /De/)

Purchase, Sale and Delivery of Certificates. On the basis of the ------------------------------------------- representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, the aggregate principal amounts of the Class A Certificates set forth opposite the names of the Underwriters in Schedule I hereto. The Class A Certificates are to be purchased at the purchase price of /___/% [ ]% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/October [ ], 19981997, to (but excluding) the Closing Date. Against payment of the purchase price by wire transfer of immediately available funds to the Seller, the Seller will deliver the Class A Certificates to the RepresentativesRepresentative, for the account of the Underwriters, at the office of Weil, Gotshal & Xxxxxx LLP, at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, on /____/xx October [ ], 19981997, at 10:00 a.m., New York time, or at such other time not later than seven full business days thereafter as the Representatives Representative and the Seller determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Nissan Auto Receivables Corp /De

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agreeUnderwriters, acting severally and not jointly, agree to purchase from the Seller, the aggregate respective principal amounts of the Class A Certificates and Class B Certificates set forth opposite the names of the Underwriters in Schedule I A hereto. The Class A Certificates are to be purchased at the a purchase price equal to, in the case of /___/% (i) the Class A Certificates, __________% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate and (as defined in the Prospectus) calculated from (and including) /_____/, 1998, to (but excludingii) the Closing DateClass B Certificates, ________% of the aggregate principal amount thereof. Against The Seller will deliver the Certificates to the Underwriters against payment of the respective purchase price by wire transfer of prices therefor in immediately available funds to the Seller, order of the Seller will deliver the Class A Certificates to the Representatives, for the account of the Underwriters, at the office of WeilBrowx & Xood XXX, Gotshal & Xxxxxx LLP, at 000 Xxxxx 555 Xxxxxxxxxx Xxxxxx, Xxx XxxxXxxxxxxxx, Xxx XxxxXxxxxxxxxx, xx ___:00 __.M., ________ time, on /____/___________, 1998, at 10:00 a.m., New York time199__, or at such other time not later than seven full business days Business Days thereafter as the Representatives Underwriters and the Seller determine, such time being herein referred to as the "Closing Date". The ." Each Class A of Certificates to be so delivered will be initially represented by one or more Class A Certificates certificate (the "DTC Certificates") registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A DTC Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive certificates evidencing the Class A Certificates or the Class B Certificates will be available only under the limited circumstances set forth specified in the Pooling and Servicing Agreement. Pursuant to Rule 15c6-1(d) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Seller and the Underwriters have agreed that the Closing Date will be not less than seven Business Days following the date hereof.

Appears in 1 contract

Samples: Fleetwood Credit Receivables Corp

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, the aggregate principal amounts of the Class A Certificates set forth opposite the names of the Underwriters in Schedule I hereto. The Class A Certificates are to be purchased at the purchase price of /___/% 99.744001% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/October 15, 19981997, to (but excluding) the Closing Date. Against payment of the purchase price by wire transfer of immediately available funds to the Seller, the Seller will deliver the Class A Certificates to the RepresentativesRepresentative, for the account of the Underwriters, at the office of Weil, Gotshal & Xxxxxx Manges LLP, at 000 Xxxxx Xxxxxx767 Fifth Avenue, New York, New York, on October 29, 1900, xx 10:00 a.x., Xxx Xxxx, Xxx Xxxx, on /____/, 1998, at 10:00 a.m., New 6 York time, or at such other time not later than seven full business days thereafter as the Representatives Representative and the Seller determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Nissan Auto Receivables Corp /De

AutoNDA by SimpleDocs

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, the aggregate principal amounts of the Class A of Certificates set forth opposite the names name of the such Underwriters in Schedule I hereto. The Class A Certificates are to be purchased hereto at the a purchase price equal to the "Price $" specified for such Class of /___/% Certificates opposite the name of the aggregate principal amount thereof such Underwriter on Schedule I hereto with respect to such Class of Certificates plus accrued interest at the Pass-Through Remittance Rate (as defined in the Prospectus) for such Class of Certificates calculated from (and including) /_____/November 21, 19981995, to (but excluding) the Closing Date. Against payment of the purchase price by wire transfer of immediately available funds to the Seller, or to such bank as may be designated by the Seller, the Seller will deliver the Class A Certificates to the RepresentativesRepresentative, for the account of the Underwriters, at the office of WeilXxxxxxx Xxxx & Xxxxx, Gotshal & Xxxxxx LLP, at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx XxxxXxxx 00000 on November 21, on /____/, 1998, 1995 at 10:00 a.m., New York City time, or at such other time not later than seven full business days thereafter as the Representatives Representative and the Seller determine, such time being herein referred to as the "Closing Date". ." The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement. The certificates evidencing the Certificates will be made available for checking and packaging at the offices of Xxxxxxx Xxxx & Xxxxx at least 24 hours prior to the Closing Date.

Appears in 1 contract

Samples: Manufactured Housing Contract (Cit Group Securitization Corp Ii)

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Seller, the aggregate principal amounts of the Class A Certificates set forth opposite the names of the Underwriters in Schedule I hereto. The Class A Certificates are to be purchased at the purchase price of /___/% 99.701848% of the aggregate principal amount thereof plus accrued interest at the Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/December 15, 1998, to (but excluding) the Closing Date. Against payment of the purchase price by wire transfer of immediately available funds to the Seller, the Seller will deliver the Class A Certificates to the Representatives, for the account of the Underwriters, at the office of Weil, Gotshal & Xxxxxx Manges LLP, at 000 Xxxxx Xxxxxx767 Fifth Avenue, Xxx XxxxNew York, Xxx XxxxNew York, on /____/December 15, 19980000, at 10:00 a.m.x.x., New York timeXxx Xxxx xxxx, or at such other xx xx xxxx xxxxr time not later than seven full business days thereafter as the Representatives and the Seller determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Nissan Auto Receivables 1998-a Grantor Trust

Purchase, Sale and Delivery of Certificates. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Seller agrees to sell to the Underwriters, and the Underwriters agreeUnderwriters, acting severally and not jointly, agree to purchase from the Seller, the aggregate respective principal amounts of the Class A Certificates and Class B Certificates set forth opposite the names of the Underwriters in Schedule I A hereto. The Class A Certificates are to be purchased at the a purchase price equal to, in the case of /___/% (i) the Class A Certificates, ______________% of the aggregate principal amount thereof plus accrued interest at the Class A Pass-Through Rate (as defined in the Prospectus) calculated from (and including) /_____/the Cutoff Date to (but excluding) the Closing Date and (ii) the Class B Certificates, 1998, _____________% of the aggregate principal amount thereof plus accrued interest at the Class B Pass-Through Rate from (and including) the Cutoff Date to (but excluding) the Closing Date. Against The Seller will deliver the Certificates to the Underwriters against payment of the respective purchase price by wire transfer of therefor in immediately available funds to the Seller, order of the Seller will deliver the Class A Certificates to the Representatives, for the account of the Underwriters, at the office of Weil, Gotshal & Xxxxxx LLP, at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, on /____/, 1998, at 10:00 a.m., New York time, or at such other time not later than seven full business days thereafter as the Representatives and the Seller determine, such time being herein referred to as the "Closing Date". The Class A Certificates to be so delivered will be initially represented by one or more Class A Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"). The interests of beneficial owners of the Class A Certificates will be represented by book entries on the records of DTC and participating members thereof. Definitive Class A Certificates will be available only under the limited circumstances set forth in the Pooling and Servicing Agreement.at

Appears in 1 contract

Samples: Fleetwood Credit Receivables Corp

Time is Money Join Law Insider Premium to draft better contracts faster.