Representations and Warranties of the Beneficiary. The Beneficiary hereby represents and warrants to the Owner Trustee as of the date of this Agreement and as of the date of each increase in the Investor Interest of the Collateral Certificate that:
Representations and Warranties of the Beneficiary. The Beneficiary hereby represents and warrants to the Owner Trustee that:
Representations and Warranties of the Beneficiary. Section 3.01 Representations and Warranties of the Beneficiary.........................................10 ARTICLE IV.
Representations and Warranties of the Beneficiary. 10 Section 3.01 Representations and Warranties of the Beneficiary 10
Representations and Warranties of the Beneficiary. Section 3.01. Representations and Warranties of the Beneficiary 14 TABLE OF CONTENTS (continued) Page ARTICLE IV DISTRIBUTIONS OF FUNDS Section 4.01. Distribution of Funds 15 Section 4.02. Payments from Trust Estate Only 15 Section 4.03. Method of Payment 16 Section 4.04. Establishment of Account 16 ARTICLE V DUTIES OF THE OWNER TRUSTEE Section 5.01. Action Upon Instructions 16 Section 5.02. No Duty to Act Under Certain Circumstances 17 Section 5.03. No Duties Except Under Specified Agreements or Instructions 17 Section 5.04. Trust Operation 18 Section 5.05. Execution of Documents 19 Section 5.06. Nonpetition Covenants 19 ARTICLE VI CONCERNING THE TRUSTEE BANK Section 6.01. Acceptance of Trust and Duties 19 Section 6.02. Furnishing of Documents 20 Section 6.03. Representations and Warranties as to the Trust Estate 21 Section 6.04. Signature of Returns 21 Section 6.05. Reliance; Advice of Counsel 21 Section 6.06. Not Acting in Individual Capacity 21 Section 6.07. Representations and Warranties 21 ARTICLE VII TERMINATION OF TRUST AGREEMENT Section 7.01. Termination of Trust Agreement 22 ARTICLE VIII SUCCESSOR OWNER TRUSTEES, CO-TRUSTEES AND SEPARATE OWNER TRUSTEES Section 8.01. Resignation and Removal of the Owner Trustee; Appointment of Successors 23 Section 8.02. Transfer Procedures 23 TABLE OF CONTENTS (continued) Page Section 8.03. Qualification of Owner Trustee 23 Section 8.04. Co-trustees and Separate Owner Trustees 24 ARTICLE IX AMENDMENTS Section 9.01. Amendments 24 ARTICLE X OWNERSHIP INTERESTS AND CERTIFICATES Section 10.01. Issuance of Trust Certificates 25 Section 10.02. Beneficial Interest; Prohibitions on Transfer 26 Section 10.03. Lost or Destroyed Trust Certificate 27 ARTICLE XI COMPENSATION OF TRUSTEE BANK AND INDEMNIFICATION Section 11.01. Trustee Bank Fees and Expenses 27 Section 11.02. Indemnification 27 ARTICLE XII MISCELLANEOUS Section 12.01. Conveyance by the Owner Trustee is Binding 28 Section 12.02. Instructions; Notices 28 Section 12.03. Severability 29 Section 12.04. Limitation of Liability 30 Section 12.05. Separate Counterparts 30 Section 12.06. Successors and Assigns 30 Section 12.07. Headings 30 Section 12.08. Governing Law 30 Section 12.09. No Recourse 30 Section 12.10. Acceptance of Terms of Agreement 31 ARTICLE XIII COMPLIANCE WITH REGULATION AB Section 13.01. Intent of the Parties; Reasonableness 31 Section 13.02. Information to be Provided by the Trustee Bank 32 EXHIBITS Page EXHIBIT A [FORM OF] TRUST CERTIFICATE A-1 THIS ...
Representations and Warranties of the Beneficiary. The Beneficiary hereby represents and warrants to the Trustee and the other parties hereto that:
Representations and Warranties of the Beneficiary. 13.1. Each Party has always made all reasonable effort to correctly comply with all statutory, regulatory, judicial and state aid provisions and decisions that apply or applied to them. To the best of their knowledge, each Party also possesses all permits, recognitions, concessions, permissions or other (government) approvals required for the legal execution of all activities performed by them. Each Party executes its activities to the best of their knowledge without violating any condition set to them in one or more of the above-mentioned (government) approvals.
Representations and Warranties of the Beneficiary. The Beneficiary hereby represents and warrants to the Trustee as of the Amendment Date and as of the date of each increase in the Invested Amount of the Series 2000 Certificate on or after the Amendment Date that:
Representations and Warranties of the Beneficiary. 11 Section 3.01 Representations and Warranties of the Beneficiary 11 ARTICLE IV. DISTRIBUTIONS OF FUNDS 12 Section 4.01 Distribution of Funds 12 Section 4.02 Payments from Trust Estate Only 12 Section 4.03 Method of Payment 12 Section 4.04 Establishment of Account 13 ARTICLE V. DUTIES OF THE OWNER TRUSTEE 13 Section 5.01 Action Upon Instructions 13 Section 5.02 No Duty to Act Under Certain Circumstances 14 Section 5.03 No Duties Except Under Specified Agreements or Instructions 14 Section 5.04 Trust Operation 15 Section 5.05 Execution of Documents 16
Representations and Warranties of the Beneficiary. The Beneficiary represents and warrants to the Grantor the representations and warranties set forth in Article 5 of the Purchase Agreement (Representations and warranties of Buyer). For the avoidance of doubt, if the Beneficiary exercises the Call Option, the representations and warranties of the Buyer set forth in Article 5 of the Purchase Agreement shall not be reiterated on the date of execution of the Purchase Agreement.
