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

Registration of Transfer and Exchange of Trust 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 Certificate Registrar shall provide for the registration of Trust Certificates and of transfers and exchanges of Trust Certificates as herein provided. The Depositor hereby appoints the Indenture Trustee as the initial Certificate Registrar.

Appears in 5 contracts

Samples: Trust Agreement (Ml Asset Backed Corp), Trust Agreement (Securitized Asset Backed Receivables LLC), Trust Agreement (Prudential Securities Secured Financing Corp)

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