Common use of Basic Documents Clause in Contracts

Basic Documents. The Indenture Trustee is hereby authorized and directed to execute and deliver the Servicing Agreement and the Sale Agreement and to execute and deliver any other Basic Document that it is requested to acknowledge, and accept, including, upon receipt of an Issuer Request, the joinder to the Intercreditor Agreement. Such request shall be accompanied by an Opinion of Counsel of external counsel of the Issuer, upon which the Indenture Trustee may rely conclusively with no duty of independent investigation or inquiry, to the effect that all conditions precedent for the execution of the Intercreditor Agreement have been satisfied. The Intercreditor Agreement shall be binding on the Holders and all Holders are deemed to have consented to the provisions of this Section 10.15.

Basic Documents. The Indenture Trustee is hereby authorized and directed to execute and deliver the Servicing Agreement and the Sale Agreement and to execute and deliver any other Basic Document that which it is requested to acknowledge, and accept, acknowledge including, upon receipt of an Issuer Request, the joinder to the an Intercreditor Agreement, so long as such Intercreditor Agreement is substantially in the form of Exhibit D hereto. Such request shall be accompanied by an Opinion of Counsel of external counsel of the Issuer, upon which the Indenture Trustee may rely conclusively with no duty of independent investigation or inquiry, to the effect that all conditions precedent for the execution of the an Intercreditor Agreement have been satisfied. The Any such Intercreditor Agreement shall be binding on the Holders and all Holders are deemed to have consented to the provisions of this Section 10.15Holders.

Basic Documents. The Indenture Trustee is hereby authorized and directed to execute and deliver the Servicing Agreement and the Sale Agreement and to execute and deliver any other Basic Document that it is requested to acknowledge, acknowledge and accept, including, upon receipt of an Issuer Request, the joinder to the Joinder Intercreditor Agreement, dated as of November 24, 2021. Such request shall be accompanied by an Opinion of Counsel of external counsel of the Issuer, upon which the Indenture Trustee may rely conclusively with no duty of independent investigation or inquiry, to the effect that all conditions precedent for the execution of the Intercreditor Agreement have been satisfied. The Intercreditor Agreement shall be binding on the Holders and all Holders are deemed to have consented to the provisions of this Section 10.15.

Basic Documents. The Indenture Trustee is hereby authorized and directed to execute and deliver the Servicing Agreement and the Sale Agreement and to execute and deliver any other Basic Document that it is requested to acknowledge, and accept, including, upon receipt of an Issuer Request, the joinder to the Joinder Intercreditor Agreement, dated as of November 24, 2021. Such request shall be accompanied by an Opinion of Counsel of external counsel of the Issuer, upon which the Indenture Trustee may rely conclusively with no duty of independent investigation or inquiry, to the effect that all conditions precedent for the execution of the Intercreditor Agreement have been satisfied. The Intercreditor Agreement shall be binding on the Holders and all Holders are deemed to have consented to the provisions of this Section 10.15.