Common use of Registration of Certificates; Transfer and Exchange of Certificates Clause in Contracts

Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.8, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers and exchanges of Certificates as herein provided. Wilmington Trust Company shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.

Appears in 27 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2001-1), Trust Agreement (Mmca Auto Receivables Inc), Trust Agreement (Mmca Auto Owner Trust 2001-3)

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Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.83.9, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers and exchanges of Certificates as herein provided. Wilmington Trust Company The Bank shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.

Appears in 22 contracts

Samples: Trust Agreement (Ford Credit Auto Receivables Two L P), Trust Agreement (Ford Credit Auto Receivables Two L P), Trust Agreement (Ford Credit Auto Receivables Two L P)

Registration of Certificates; Transfer and Exchange of Certificates. (a) The a)The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.8, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers transfers and exchanges of Certificates as herein provided. Wilmington Trust Company The Owner Trustee shall be the initial Certificate Registrar. No Transfer transfer of a Certificate shall be recognized except upon registration of such Transfer transfer in the Certificate Register.

Appears in 11 contracts

Samples: Trust Agreement (Usaa Auto Owner Trust 2004-3), Trust Agreement (Usaa Auto Owner Trust 2005-3), Trust Agreement (USAA Auto Owner Trust 2006-2)

Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.8, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers transfers and exchanges of Certificates as herein provided. Wilmington Trust Company The Owner Trustee shall be the initial Certificate Registrar. No Transfer transfer of a Certificate shall be recognized except upon registration of such Transfer transfer in the Certificate Register.

Appears in 9 contracts

Samples: Trust Agreement (Bear Stearns Asset Backed Funding Inc), Trust Agreement (Usaa Acceptance LLC), Trust Agreement (Usaa Federal Savings Bank)

Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.83.9, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers and exchanges of Certificates as herein provided. Wilmington Trust Company Wachovia Bank of Delaware, National Association shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.

Appears in 6 contracts

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two LLC)

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Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.83.9, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers and exchanges of Certificates as herein provided. Wilmington Trust Company [_______] shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two L P)

Registration of Certificates; Transfer and Exchange of Certificates. (a) The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.8, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers transfers and exchanges of Certificates as herein provided. Wilmington Trust Company The Owner Trustee shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.Certificate

Appears in 1 contract

Samples: Trust Agreement (Usaa Federal Savings Bank)

Registration of Certificates; Transfer and Exchange of Certificates. (a) ). The Certificate Registrar shall keep or cause to be kept, at the office or agency maintained pursuant to Section 3.83.9, a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trust shall provide for the registration of Certificates and of Transfers and exchanges of Certificates as herein provided. Wilmington Trust Company The Bank shall be the initial Certificate Registrar. No Transfer of a Certificate shall be recognized except upon registration of such Transfer in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two L P)

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