Common use of Release of Collateral Clause in Contracts

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 67 contracts

Samples: Indenture (Hyundai Abs Funding Corp), Indenture (Hyundai Auto Receivables Trust 2015-C), Indenture (Hyundai Abs Funding LLC)

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Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and (except in the case of a full redemption under Section 10.01) Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 64 contracts

Samples: Indenture (Honda Auto Receivables 2014-3 Owner Trust), Honda (Honda Auto Receivables 2010-2 Owner Trust), Indenture (Honda Auto Receivables 2009-1 Owner Trust)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 60 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2005-4), Indenture (Harley-Davidson Motorcycle Trust 2014-1), Indenture (Harley-Davidson Customer Funding Corp.)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s CertificateCertificate of the Issuing Entity, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 60 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2023-C), Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables Trust 2019-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateCertificate (which shall include a statement substantially to the effect that the release is permitted by this Indenture), an Opinion of Counsel (which shall include a statement substantially to the effect that the release is permitted by this Indenture) and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 38 contracts

Samples: Toyota Auto Receivables 2024-B Owner Trust, Toyota Auto Receivables 2019-C Owner Trust, Toyota Auto Receivables 2022-C Owner Trust

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 37 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Student Loan Trust 2007-5)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 32 contracts

Samples: Indenture (Nissan Auto Receivables 2019-C Owner Trust), Indenture (Nissan Auto Receivables Corp Ii), Indenture (Nissan Auto Receivables 2015-C Owner Trust)

Release of Collateral. Subject to Section 11.01 Sections 8.4 and the terms of 11.1 and the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 27 contracts

Samples: Indenture (CNH Equipment Trust 2023-B), Indenture (CNH Equipment Trust 2019-C), Indenture (CNH Equipment Trust 2021-B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections § 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 25 contracts

Samples: Trust Agreement (BMW Vehicle Owner Trust 2018-A), Indenture (BMW Vehicle Owner Trust 2019-A), Indenture (BMW Fs Securities LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateCertificate (which shall include a statement substantially to the effect that the release is permitted by the Indenture), an Opinion of Counsel (which shall include a statement substantially to the effect that the release is permitted by the Indenture) and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 24 contracts

Samples: Indenture (Toyota Auto Receivables 2018-D Owner Trust), Indenture (Toyota Auto Receivables 2017-B Owner Trust), Indenture (Toyota Auto Receivables 2017-B Owner Trust)

Release of Collateral. Subject to Section Sections 10.01 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 22 contracts

Samples: Indenture (Toyota Auto Receivables 2013-a Owner Trust), Indenture (Toyota Auto Finance Receivables LLC), Indenture (Toyota Auto Receivables 2013-a Owner Trust)

Release of Collateral. Subject to Section Sections 10.01 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and (if required by the TIA) Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates314(d)(l).

Appears in 22 contracts

Samples: Indenture (Toyota Auto Receivables 2015-B Owner Trust), Indenture (Toyota Auto Receivables 2016-a Owner Trust), Indenture (Toyota Auto Finance Receivables LLC)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 18 contracts

Samples: Administration Agreement (SLM Funding LLC), Master Administration Agreement (SLM Funding LLC), Master Administration Agreement (SLM Funding LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 16 contracts

Samples: Indenture (WFS Receivables Corp), Indenture (WFS Receivables Corp), Indenture (WFS Financial Auto Loans Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 15 contracts

Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Release of Collateral. (a) Subject to subsections (b) and (c) hereof, Section 11.01 11.1 hereof and the terms of the Basic Operative Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 14 contracts

Samples: Indenture (Imc Home Equity Loan Owner Trust 1997-8), Indenture (First Alliance Mortgage Loan Trust 1998-2), Indenture (Imc Securities Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 13 contracts

Samples: Indenture (World Omni Auto Receivables LLC), Indenture (Premier Auto Trust 1997 1), Indenture (Premier Auto Trust 1999-2)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the (a) The Indenture Trustee shall will release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion meeting the requirements of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent CertificatesSection 11.1.

Appears in 11 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2009-A), Indenture (Ford Credit Auto Owner Trust 2007-B)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 10 contracts

Samples: Indenture (Honda Auto Receivables 2008-2 Owner Trust), Administration Agreement (Honda Auto Receivables 2004-3 Owner Trust), Honda Auto Receivables 2005-6 Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property Collateral from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) of the TIA or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Samples: Indenture (BMW Vehicle Owner Trust 2004-A), Indenture (Hyundai Abs Funding Corp), Indenture (National City Auto Receivables Trust 2002-A)

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Samples: Indenture (WFS Receivables Corp 4), Indenture (WFS Receivables Corp 2), Indenture (WFS Financial 2005-3 Owner Trust)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Samples: Indenture (Nissan Auto Receivables 2010-a Owner Trust), Indenture (Nissan Auto Receivables 2009-1 Owner Trust), Indenture (Nissan Auto Receivables 2008-B Owner Trust)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 9 contracts

Samples: Indenture (Case Receivables Ii Inc), Indenture (Case Receivables Ii Inc), Indenture (CNH Capital Receivables Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent sucx Xxxependent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2005-A), DaimlerChrysler Auto Trust 2006-B, Daimlerchrysler Auto Trust 2005-B

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (Chrysler Financial Auto Securitization Trust 2009-B), Indenture (Chrysler Financial Auto Securitization Trust 2009-A)

Release of Collateral. Subject to Section 11.01 11.1 and the --------------------- terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Samples: SLM Funding Corp, SLM Funding Corp, SLM Funding Corp

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 8 contracts

Samples: Honda Auto Receivables 2007-2 Owner Trust, Honda Auto Receivables 2006-2 Owner Trust, American Honda Receivables Corp

Release of Collateral. Subject to Except as otherwise provided in Section 11.01 hereof and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 7 contracts

Samples: Painewebber Mortgage Acceptance Corporation Iv, Empire Funding Home Loan Owner Trust 1997-5, Empire Funding Home Loan Owner Trust 1998 3

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 7 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2002 A), Indenture (Daimlerchrysler Services North America LLC), Indenture (World Omni Auto Receivables LLC)

Release of Collateral. Subject to (a) Except as otherwise provided in subsections (b) and (c) of this Section 2.09, Section 11.01 hereof and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 7 contracts

Samples: Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2), Indenture (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1), Ditech Funding Corp Home Loan Owner Trust 1997-1

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Samples: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc)

Release of Collateral. Subject to Section 11.01 Sections 11.1 and 11.19 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Samples: Indenture (SLM Student Loan Trust 2006-5), Indenture (SLM Student Loan Trust 2005-7), SLM Student Loan Trust 2005-5

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 6 contracts

Samples: Deere Owner Trust 2015 (John Deere Owner Trust 2015), Indenture (John Deere Owner Trust 2011), Indenture (John Deere Owner Trust 2013)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture ---------------------- Note Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Samples: Sdg&e Funding LLC a De Limited Liability Co, Sdg&e Funding LLC a De Limited Liability Co, Sce Funding LLC

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Samples: Indenture (Nissan Auto Receivables 2002 B Owner Trust), Indenture (Nissan Auto Receivables 2002 C Owner Trust), Nissan Auto Receivables 2003-C Owner Trust

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Samples: Indenture (SLM Funding Corp), SLM Funding Corp, SLM Funding Corp

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 5 contracts

Samples: Administration Agreement (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) 314(d)(l), or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Samples: Indenture (CNH Capital Receivables Inc), Indenture (Case Receivables Ii Inc), CNH Capital Receivables Inc

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Note Trustee shall release property from the lien of this Note Indenture only as specified in Section 8.02 or upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Trust Indenture Act Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificates.

Appears in 4 contracts

Samples: Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC), Note Indenture (BEC Funding II, LLC)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.1, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it request of an the Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with the TIA Sections 314(css.ss.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Samples: Form of Indenture (Chase Manhattan Bank Usa), Pooling and Servicing Agreement (Chase Credit Card Master Trust), Indenture (Chase Manhattan Bank Usa)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it and any Swap Counterparties of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Samples: Asset Backed Securities Corp, SMS Student Loan Trust 2000-B, Wells Fargo Student Loans Receivables I LLC

Release of Collateral. (a) Subject to subsections (b) and (c) hereof and Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 4 contracts

Samples: Indenture (Firstplus Investment Corp), Firstplus Investment Corp, Preferred Securitization Corp

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon (i) delivery to each Rating Agency of a written notice stating the reason for such release and (ii) receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel of the Issuer and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (SLC Student Loan Trust 2007-2), Indenture (SLC Student Loan Trust 2007-1), Indenture (SLC Private Student Loan Trust 2006-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A), Indenture (BMW Vehicle Owner Trust 2001-A), Indenture (SSB Vehicle Securities Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent sucx Xxxependent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2), Indenture (Regions Auto Receivables Trust 2002-1), Indenture (BMW Vehicle Owner Trust 2005-A)

Release of Collateral. Subject to (a) Except as otherwise provided in subsections (b) and (c) of this Section 2.09 and Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities Inc), Residential Asset Funding Corp, Home Equity Securitization Corp

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Issuing Entity Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2006-A), Indenture (World Omni Auto Receivables Trust 2006-B), World Omni Auto Receivables LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request Order accompanied by an Officer’s Certificate, an Opinion of Counsel and (if required by the TIA) Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314 (d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Master Indenture (Compucredit Corp), Master Indenture (Atlanticus Holdings Corp), Master Indenture (Atlanticus Holdings Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (SLM Private Credit Student Loan Trust 2005-B), Indenture (SLM Private Credit Student Loan Trust 2005-A), Indenture (SLM Private Credit Student Loan Trust 2006-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel of the Issuer and Independent Certificates in accordance with TIA Sections §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 3 contracts

Samples: Indenture (SLM Private Credit Student Loan Trust 2006-B), Indenture (SLM Private Credit Student Loan Trust 2006-C), Administration Agreement (SLM Private Credit Student Loan Trust 2007-A)

Release of Collateral. Subject to Section 11.01 and the --------------------- ------------- terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (World Omni Auto Receivables LLC), World Omni Auto Receivables LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections XXXxx.xx. 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Keycorp Student Loan Trust 2000-B, Keycorp Student Loan Trust 2000-A

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (World Omni Auto Receivables LLC), Daimlerchrysler Auto Trust 2001-C

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.1, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan Corp

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2020-B Indenture)

Appears in 2 contracts

Samples: Nissan Auto Receivables Corp Ii, Nissan Auto Receivables Corp Ii

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion ax Xxxnion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Gs Mortgage Securities Corp, Goldman Sachs Asset Backed Securities Corp

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Key Bank Usa National Association), Key Bank Usa National Association

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2019-B Indenture)

Appears in 2 contracts

Samples: Nissan Auto Receivables 2019-B Owner Trust, Nissan Auto Receivables 2019-B Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Master Indenture (Associates Credit Card Receivables Corp), Master Indenture (Nordstrom Credit Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Conseco Finance Credit Funding Corp, Conseco Finance Credit Card Funding Corp

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Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Signet Student Loan Trusts), Indenture (Usa Group Secondary Market Services Inc)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Ford Credit Auto Receivables LLC

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. (NAROT 2018-B Indenture)

Appears in 2 contracts

Samples: Nissan Auto Receivables Corp Ii, Nissan Auto Receivables Corp Ii

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2019-A Indenture)

Appears in 2 contracts

Samples: Nissan Auto Receivables 2019-a Owner Trust, Nissan Auto Receivables 2019-a Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion Xxxxion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and (to the extent required by the TIA) Independent Certificates in accordance with TIA Sections 314(css.sx. 004(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 2 contracts

Samples: Indenture (Wholesale Auto Receivables Corp), Indenture (Wholesale Auto Receivables Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Xxxxpendent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2001 B), Chrysler Financial Co LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (DaimlerChrysler Auto Trust 2006-C), Indenture (Daimlerchrysler Auto Trust 2004-B)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(cSS.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Eaglemark Inc, Eaglemark Inc

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request meeting the removal criteria as set forth under the Transfer and Servicing Agreement and accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates and, to the extent required in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such 314(d), Independent Certificates.

Appears in 2 contracts

Samples: Master Indenture (Household Consumer Loan Corp Ii), Master Indenture (Hrsi Funding Inc Ii)

Release of Collateral. Subject to Section 11.01 11.1 and --------------------- the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall --------------------- release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.21, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel (to the extent required by the TIA) and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 2 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Navistar Financial Retail Receivables Corporation

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: WFS Financial 1997-a Owners Trust, WFS Financial 1996-D Owner Trust

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2018-C Indenture)

Appears in 2 contracts

Samples: Nissan Auto Receivables 2018-C Owner Trust, Nissan Auto Receivables 2018-C Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Heller Funding Corp, Heller Funding Corp

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.1, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(css.ss.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Cit Group Securitization Corp Ii), Indenture (Cit Group Securitization Corp Ii)

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2023-B Indenture)

Appears in 2 contracts

Samples: NISSAN AUTO RECEIVABLES Co II LLC, NISSAN AUTO RECEIVABLES Co II LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such xxxx Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Premier Auto Trust 1998-2), Indenture (Daimlerchrysler Auto Trust 2004-C)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(cXXX 'SS''SS'314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Cit Equipment Collateral 2003-Ef1), Indenture (Cit Ec Ef 2001-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall will release property from the lien Lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections §§314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Ford Credit Floorplan Corp

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents12.01, the Indenture Trustee shall release property ------------- from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(S)(S)314(c) and 314(d)(1314(d) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Household Credit Card Master Note Trust I, Household Credit Card Master Note Trust I

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections xx.xx. 314(c) and 314(d)(1314 (d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Metlife Capital Equipment Loan Trusts, Metlife Capital Equipment Loan Trusts

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Xxxxxendent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Daimlerchrysler Services North America LLC, Chrysler Financial Co LLC

Release of Collateral. Subject to Section 11.01 11.1 hereof and the terms of the Basic Transaction Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers’ Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Trust Indenture Act §§ 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Chase Education Loan Trust 2007-A), Collegiate Funding of Delaware LLC

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (Sections) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Honda Auto Receivables 2002-3 Owner Trust), American Honda Receivables Corp

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Ixxxxxndent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: SLC Student Loan Receivables I Inc, SLM Education Credit Funding LLC

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. 7 (NAROT 2023-A Indenture)

Appears in 2 contracts

Samples: NISSAN AUTO RECEIVABLES Co II LLC, NISSAN AUTO RECEIVABLES Co II LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (World Omni Auto Receivables LLC), World Omni Auto Receivables LLC

Release of Collateral. Subject to Section Sections 8.05 and 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent 7 (NAROT 2020-A Indenture) Certificates in accordance with TIA Sections 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Nissan Auto Receivables 2020-a Owner Trust, Nissan Auto Receivables 2020-a Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Section Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: WFS Financial 1997-C Owner Trust, WFS Financial 1997-B Owner Trust

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 2 contracts

Samples: Indenture (Cit Equipment Collateral 2003-Vt1), Indenture (CIT Equipment Collateral 2005-Vt1)

Release of Collateral. Subject to Section 11.01 11.1 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections (S)(S) 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Indenture (SLM Funding Corp)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such xxxx Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Indenture (BMW Vehicle Owner Trust 2001-A)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents11.01, the Indenture Note Trustee shall release property from the lien of this Note Indenture only as specified in Section 8.02 or upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections Trust Indenture Act Section 314(c) and 314(d)(1314(d)(l) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA Trust Indenture Act does not require any such Independent Certificatescertificates.

Appears in 1 contract

Samples: Cl&p Funding LLC

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(cXXX 'SS''SS'314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.. Article Five

Appears in 1 contract

Samples: Indenture (Cit Equipment Collateral 2002-Vt1)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it and the Swap Counterparty of an Issuer Request accompanied by an Officer’s CertificateOfficers' Certificate of the Issuer, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections ss.ss. 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent sucx Xxxependent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Usa Group Secondary Market Services Inc

Release of Collateral. Subject to Section 11.01 and the terms of the other Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s 's Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c(sections)314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Indenture (American Honda Receivables Corp Honda Auto Rec 03 4 Owner Tr)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, 's Certificate and an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(cXXX 'SS''SS'.314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

Appears in 1 contract

Samples: Indenture (Cit Equipment Collateral 2000-2)

Release of Collateral. Subject to Section 11.01 and the terms of the Basic Documents, the The Indenture Trustee shall release property from the lien of this Indenture Indenture, other than as permitted by Sections 3.20, 8.2, 8.4 and 11.1, only upon receipt by it of an Issuer Request accompanied by an Officer’s Officers' Certificate, an Opinion of Counsel (to the extent required by the TIA) and Independent Certificates in accordance with TIA Sections "314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates).

Appears in 1 contract

Samples: First Security Auto Owner Trust 1998-1

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