Exchangeable Transferor Certificate definition

Exchangeable Transferor Certificate means either a certificate executed and delivered by the Transferor and authenticated by the Trustee substantially in the form of Exhibit A or the uncertificated interest in the Transferor Interest.

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Exchangeable Transferor Certificate means, if the Transferor elects to evidence its interest in the Transferor Interest in certificated form pursuant to Section 6.01, a certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A and exchangeable as provided in Section 6.09; provided, that at any time there shall be only one Exchangeable Transferor Certificate; provided, further, that in any Supplement, "Exchangeable Transferor Certificate" shall mean either a certificate executed and delivered by the Transferor and authenticated by the Trustee substantially in the form of Exhibit A or the uncertificated interest in the Transferor Interest.

Exchangeable Transferor Certificate shall have the meaning attributed to such term in the Pooling & Servicing Agreement.

Examples of Exchangeable Transferor Certificate in a sentence

The Exchangeable Transferor Certificate may be exchanged by the Transferor pursuant to the Agreement for one or more Series of Certificates and a reissued Exchangeable Transferor Certificate upon the conditions set forth in the Agreement.
Throughout the existence of the Trust, the Servicer will allocate to the Transferor, as holder of the Exchangeable Transferor Certificate, an amount equal to the Transferor Percentage of the aggregate amount of Collections of Finance Charge Receivables and Principal Receivables for each Monthly Period.
In addition to the Class A Certificates, the Class B Certificates and the CIA Certificates, the Exchangeable Transferor Certificate will be reissued pursuant to the Agreement and will represent the Transferor's interest in the Trust.
The reissued Exchangeable Transferor Certificate will represent the interest in the Principal Receivables not represented by the Class A Certificates, the Class B Certificates and the CIA Certificates (together the "Investor Certificates") or any other Series of Certificates.
The reissued Exchangeable Transferor Certificate will represent the interest in the Principal Receivables not represented by the Class A Certificates, the Class B Certificates and the Excess Collateral (together the "Investor Certificates") or any other Series of Certificates.
In addition to the Class A Certificates, the Class B Certificates and the Excess Collateral, the Exchangeable Transferor Certificate will be reissued pursuant to the Agreement and will represent the Transferor's interest in the Trust.
The Exchangeable Transferor Certificate shall not represent any interest in the Collection Account, the Finance Charge Account, the Principal Account, the Principal Funding Account, the Reserve Account or the Distribution Account, except as specifically provided in this Article IV.
The Exchangeable Transferor Certificate shall be substantially in the form of Exhibit A.
In addition, to the extent permitted for any Series of Certificates by the related Supplement, the Certificateholders of such Series may tender their Certificates and the Transferor may tender the Exchangeable Transferor Certificate in exchange for one or more Series of Certificates and a reissued Exchangeable Transferor Certificate.
The Servicer and the Holder of the Exchangeable Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

More Definitions of Exchangeable Transferor Certificate

Exchangeable Transferor Certificate means the certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A and exchangeable as provided in Section 6.9; PROVIDED, HOWEVER, that at any time there shall be only one Exchangeable Transferor Certificate.

Exchangeable Transferor Certificate means, if the Transferors

Exchangeable Transferor Certificate means the ownership interest in the Master Trusts not represented by any outstanding Series.

Exchangeable Transferor Certificate means the certificate representing the ownership interest in the Trust not represented by any Series.

Exchangeable Transferor Certificate means the certifi- cate executed by the Transferor and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A.