Trustee Authorization. The Trustee is hereby instructed to execute this Agreement as Trustee and on behalf of each of the Trust and the Certificate of Merger. The Initial Beneficiary hereby waives any notice period that may be required in the Existing Trust Agreements and certifies to the Trustee that the actions contemplated in this Agreement comply with the terms of the Existing Trust Agreements and that all conditions precedent to such action have been satisfied.
Appears in 2 contracts
Sources: Merger Agreement (Mercedes-Benz Vehicle Trust), Merger Agreement (Mercedes-Benz Auto Lease Trust 2021-A)