Certificate Trust Termination Date definition
Examples of Certificate Trust Termination Date in a sentence
With respect to Additional Accounts added after the Certificate Trust Termination Date, each such Account is classified as an Eligible Account as of the relevant Addition Date and no selection procedures adverse to the Noteholders have been employed in selecting the Accounts from among the Eligible Accounts.
On each day after the Certificate Trust Termination Date on which any new Receivable is created, Transferor represents and warrants to Issuer that the representations and warranties made in Section 2.04(a)(i), (iii), (iv), (vi) and (ix) are true and correct with respect to each such Receivable as of such day of creation.
On the date each Additional Account added after the Certificate Trust Termination Date becomes an Account, each Receivable contained in such Additional Account is an Eligible Receivable.
As of the Certificate Trust Termination Date, Servicer agrees that all representations and warranties made by it in its capacity as Servicer under the Pooling and Servicing Agreement with respect to any Account or Receivable pursuant to Section 3.03 of the Pooling and Servicing Agreement shall be deemed for all purposes to have been made by Servicer to Issuer pursuant to this Agreement as of the day when each was made or deemed made, as if this Agreement had been in effect on that day.
The Certificate Trust was terminated on the Certificate Trust Termination Date and all of the right, title and interest in and to the Trust Assets held by each of Transferor and Certificate Trust Trustee, respectively, were transferred to the Issuer pursuant to the terms and conditions of the Assignment and Termination Agreement and the Collateral Series Supplement.
Issuer hereby makes the Perfection Representations and Warranties to the Indenture Trustee as of the Certificate Trust Termination Date, with the Indenture as the Specified Agreement, the Issuer as the Debtor and the Indenture Trustee as the Secured Party.
The representations and warranties of Transferor made pursuant to this Section 2.04 shall survive the transfer and assignment by Transferor of the Receivables to Issuer and the pledge thereof to Indenture Trustee pursuant to the Indenture and the Certificate Trust Termination Date.
As compensation for its servicing activities hereunder and reimbursement for its expenses as set forth in the immediately following paragraph, Servicer shall be entitled to receive a monthly servicing fee in respect of any Monthly Period or portion thereof after the Certificate Trust Termination Date (with respect to each Monthly Period, the “Monthly Servicing Fee”).
The representations and warranties of Transferor made pursuant to this Section 2.04 shall survive the transfer and assignment by Transferor of the Collateral Certificate and Receivables to Issuer and the pledge thereof to Indenture Trustee pursuant to the Indenture and the Certificate Trust Termination Date.
Unless Servicer has been relieved of all of its obligations under this Agreement because the final Series has been repaid during the prior calendar year, Servicer shall deliver to Indenture Trustee, any Enhancement Provider and any Rating Agency on or before the 90th day following the end of Servicer's fiscal year in which the Certificate Trust Termination Date occurs and each subsequent fiscal year, an Officer's Certificate substantially in the form of EXHIBIT C.