Custodian Certification definition

Custodian Certification. As defined in Section 2.01. Cut-off Date: June 1, 2007.

Custodian Certification. As defined in Section 2.01.

Custodian Certification has the meaning given to such term in Section 9.07(c).

Examples of Custodian Certification in a sentence

• Upon issuance of a Custodian Certification with respect to any Transfer, the Custodian Certification relating to such Receivable previously delivered shall be deemed and marked cancelled with respect to such Receivable.

• Custodian covenants and warrants to the Originator, the Seller, the Servicer, the Trust and the Indenture Trustee, that as of the date of each Custodian Certification: (i) it holds no adverse interest, by way of security or otherwise, in any Receivable; and (ii) the execution of this Agreement and the creation of the custodial relationship hereunder does not create any interest, by way of security or otherwise, of Custodian in or to any Receivable, other than Custodian's rights as custodian hereunder.

• The Custodian agrees to indemnify, defend and hold harmless the Indenture Trustee against any liability to Noteholders and/or Certificateholder arising out of the negligence or willful misconduct of the Custodian (a) in the preparation or execution of any Custodian Certification or (b) resulting in the loss of Receivables Files in the custody of the Custodian.

• If conflicting demands are made on the Custodian with respect to any matter, the Indenture Trustee's demand shall control, except during the period prior to the issuance of the Trustee's Custodian Certification pursuant to Section 3.1 hereof, when the applicable Receivables Holder's demand shall control and the Custodian shall have the right to rely on such controlling demand.

• No later than 1:00 p.m. (New York City time) on the Funding Date, the Collateral Custodian shall have delivered to the Facility Agent, the Managing Agents and the Documentation Agent with respect to each Loan a Custodian Certification substantially in the form of Exhibit A-1 to the Custody Agreement, which shall not be subject to exceptions stated in a related Custodian Exceptions Report.

More Definitions of Custodian Certification

Custodian Certification. As defined in Section 2.01. Cut-off Date: January 1, 2007. Cut-off Date Pool Principal Balance: $506,806,191.

Custodian Certification has the meaning set forth in Section 3(b) hereof.

Custodian Certification means a certification delivered by the Custodian in accordance with Section 1.2(a) of the Custodial Agreement.

Custodian Certification means the written certification delivered by the Custodian pursuant to Section 3.18(b) of this Supplement.

Custodian Certification. Defined in the Custody Agreement.

Custodian Certification has the meaning given to such term in Section 9.07(c). “Cutoff Date” means, with respect to Receivables transferred to the Borrower and the Borrower Loan Trustee for the benefit of the Borrower on each Funding Date, the close of business on such date as shall be identified as the Cutoff Date in the related Funding Request, which, with respect to any Renewal Receivable originated in connection with a Renewal Receivable Replacement, shall be the date such Renewal Receivable Replacement was effected.

Custodian Certification. As defined in Section 2.01. Cut-off Date: ___________, 200_.