Transfer of the Certificates. In connection with the transfer of the 1998-C SUBI Certificate and the 1998-C SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Account"). TLI shall accept the transfer of the 1998-C SUBI Certificate and the 1998-C SUBI Insurance Certificate to the TLI SUBI Account. TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-C SUBI Insurance Certificate from the TMCC SUBI Account to the TLI SUBI Account.
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Samples: Subi Certificate Purchase and Sale Agreement (Toyota Lease Trust)
Transfer of the Certificates. In connection with the transfer of the 1998-C B SUBI Certificate and the 1998-C B SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Account"). TLI shall accept the transfer of the 1998-C B SUBI Certificate and the 1998-C B SUBI Insurance Certificate to the TLI SUBI Account. TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-C B SUBI Insurance Certificate from the TMCC SUBI Account to the TLI SUBI Account.
Appears in 1 contract
Samples: Subi Certificate Purchase and Sale Agreement (Toyota Lease Trust)
Transfer of the Certificates. In connection with the transfer of the 1998-C SUBI Certificate and the 1998-C SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Securities Account"). TLI shall accept the transfer of the 1998-C SUBI Securities Certificate and the 1998-C SUBI Insurance Certificate to the TLI SUBI Securities Account. TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-C SUBI Insurance Certificate from the TMCC SUBI Securities Account to the TLI SUBI Securities Account.
Appears in 1 contract
Samples: Subi Certificate Purchase and Sale Agreement (Toyota Auto Lease Trust 1998 C)
Transfer of the Certificates. In connection with the transfer of the 1998-C B SUBI Certificate and the 1998-C B SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Securities Account"). TLI shall accept the transfer of the 1998-C B SUBI Securities Certificate and the 1998-C B SUBI Insurance Certificate to the TLI SUBI Securities Account. TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-C B SUBI Insurance Certificate from the TMCC SUBI Securities Account to the TLI SUBI Securities Account.
Appears in 1 contract
Samples: Certificate Purchase and Sale Agreement (Toyota Auto Lease Trust 1998-B)