ACAC Certificate definition
ACAC Certificate. As defined in the Trust Agreement.
ACAC Certificate means the Certificate in substantially the form attached hereto as Exhibit A-2 representing a 1% Percentage Interest in the Trust Interest that the Depositor is receiving pursuant to Section 3.10.
Examples of ACAC Certificate in a sentence
Upon the issuance of the Certificates, the Depositor will be issued the ACAC Certificate.
Any attempted transfer of any ACAC Certificate shall be null and void.
The Owner Trustee shall cause the ACAC Certificate issued to the Depositor to contain a legend substantially to such effect.
The obligations of the Depositor under this paragraph and paragraph (c) below shall be evidenced by the ACAC Certificate the Depositor is receiving pursuant to Section 3.10.
In no event shall ACC be the pledgee or transferee of the ACAC Certificate.