Examples of Rochdale SUBI Certificate in a sentence
The Trustee shall have no obligation to determine whether or not a transferee of the Rochdale SUBI Certificate has complied with the transfer requirements set forth herein, in the Trust Agreement or in the Rochdale SUBI Supplement.
The parties hereby further agree that from and after receipt by the Trustee of a Default Notice, the Pledgor, as Holder of the pledged Rochdale SUBI Certificate, shall not be entitled to any such rights without the prior written consent of the Secured Party.
The Secured Party’s sole duty with respect to the custody, safekeeping and physical preservation of the Rochdale SUBI Certificate in its possession shall be to deal with it in the same manner as the Secured Party deals with similar securities and property for its own account.
Concurrently with the delivery to the Secured Party of the Rochdale SUBI Certificate, Pledgor shall deliver to Secured Party (i) an undated written instrument of transfer in respect of such certificate, duly executed in blank by the Pledgor and acknowledged by the Trustee in the form attached hereto as Schedule II, and (ii) any other instruments or documents as reasonably requested by the Secured Party.
The Rochdale SUBI Certificate shall not be transferred, assigned or pledged except to the extent specified in the Trust Agreement or in the Rochdale SUBI Supplement and, to the fullest extent permitted by applicable law, any such purported transfer, pledge or assignment other than as so specified shall be deemed null, void and of no effect under this Agreement.
Tenants are not allowed to have animals without pre‐approval of the Board.
Neither the Secured Party nor any of its directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon the Rochdale SUBI Certificate or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of the Rochdale SUBI Certificate upon the request of the Pledgor or any other Person or to take any other action whatsoever with regard to the Rochdale SUBI Certificate or any part thereof.
From time to time the Holder of the Rochdale SUBI Certificate may designate a Registered Pledgee thereof pursuant to Article Three of the Trust Agreement and Section 2.2 hereof, including pursuant to the SUBI Pledge Agreement.
Each Rochdale SUBI Certificate and the interest in the Rochdale SUBI evidenced thereby shall constitute a “security” within the meaning of Section 8-102(a)(15) of the UCC and a “certificated security” within the meaning of Section 8-102(a)(4) of the UCC.
The Trustee hereby reaffirms the representations and warranties set forth in Section 6.12 of the Trust Agreement, on which the Grantor and UTI Certificateholder, each of its permitted assignees and pledgees and each Registered Pledgee and Holder of the Rochdale SUBI Certificate (and beneficial owner of any portion thereof) may rely as of the date hereof.