Transferor Certificates Sample Clauses
The Transferor Certificates clause requires the party transferring an asset or interest to provide specific certificates or documentation verifying their authority and the validity of the transfer. In practice, this may involve the transferor delivering signed statements, legal opinions, or other evidence confirming their ownership and the absence of encumbrances on the asset. This clause ensures that the transferee receives clear proof of the transferor's right to transfer, thereby reducing the risk of disputes or invalid transfers.
Transferor Certificates. The certificates executed and authenticated by ----------------------- the Trustee substantially in the form set forth in Exhibit B hereto.
Transferor Certificates. Except for the conveyances hereunder, and except in connection with any transaction permitted by SECTION 5.02 and as provided in SECTION 2.09(d) of this Agreement or Section 2.10 of the Indenture or conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, each Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor's interest represented by the Transferor Certificates and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.
Transferor Certificates. 6 SECTION 3.03. Form of Transferor Beneficial Interest; Form of Certificates............................ 6 SECTION 3.04. Authentication of Certificates.......................................................... 7 SECTION 3.05. Mutilated, Destroyed, Lost or Stolen Certificate........................................ 7 SECTION 3.06. Issuance of Supplemental Beneficial Interests or New Certificates; Exchange of Certificates and Uncertificated Trust Beneficial Interests.............................. 7 SECTION 3.07. ........................................................................................ 9
Transferor Certificates. Except for the conveyances hereunder, and except in connection with any transaction permitted by Section 2.10 of the Indenture or conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, the Transferor agrees not to transfer, sell, assign, exchange, participate or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor’s interest represented by the Transferor Certificates and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.
Transferor Certificates. The Transferor Beneficial Interest shall represent an undivided beneficial interest in the Trust Estate subject to the lien of the Notes created pursuant to the Indenture, including the right to receive Collections with respect to the Receivables and other amounts at the times and in the amounts specified in the Indenture and any Indenture Supplement to be paid to the Transferor on behalf of all of the holders of the Transferor Beneficial Interest.