Common use of Transferor Certificate Clause in Contracts

Transferor Certificate. The Transferor Certificate shall represent an undivided beneficial interest in the Trust Estate subject to the Lien created pursuant to the Indenture, including the right to receive Collections with respect to the Transferred Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Holder of the Transferor Certificate.

Appears in 2 contracts

Sources: Trust Agreement (CDF Funding, Inc.), Trust Agreement (CDF Funding, Inc.)