Certificate and Transfer of Interests Sample Clauses

Certificate and Transfer of Interests. 9 Section 3.01. Trust Certificate Ownership............................................................9 Section 3.02. The Trust Certificate.................................................................10 Section 3.03. Authentication and Delivery of Trust Certificate......................................10 Section 3.04. Registration of Transfer and Exchange of Trust Certificate............................10 Section 3.05. Residual Interest Certificate Ownership...............................................11 Section 3.06. The Residual Interest Certificate.....................................................11 Section 3.07. Authentication and Delivery of Residual Interest Certificate..........................11 Section 3.08. Registration of Transfer and Exchange of Residual Interest Certificate................12 Section 3.09. Mutilated, Destroyed, Lost or Stolen Certificates.....................................12 Section 3.10. Persons Deemed Owners.................................................................13 Section 3.11. Access to List of Certificateholder's Name and Addresses..............................13 Section 3.12. Maintenance of Office or Agency.......................................................13 Section 3.13. Appointment of Trust Paying Agent.....................................................13 Section 3.14. Ownership by Owner of Trust Certificate...............................................14 Section 3.15. Ownership by Depositor of Residual Interest Certificate...............................14
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Certificate and Transfer of Interests. SECTION 3.01 Initial Ownership SECTION 3.02 The Certificate SECTION 3.03 Authentication of the Certificate
Certificate and Transfer of Interests. 10 Section 3.01. Trust Certificate Ownership .................................................10 Section 3.02. The Trust Certificate .......................................................10 Section 3.03. Authentication and Delivery of Trust Certificate ............................10 Section 3.04. Registration of Transfer and Exchange of Trust Certificate ..................10 Section 3.05. Residual Interest Certificate Ownership .....................................11 Section 3.06. The Residual Interest Certificate ...........................................11 Section 3.07. Authentication and Delivery of Residual Interest Certificate ................12 Section 3.08. Registration of Transfer and Exchange of Residual Interest Certificate .................................................................12 Section 3.09. Mutilated, Destroyed, Lost or Stolen Certificates ...........................13 Section 3.10. Persons Deemed Owners .......................................................13 Section 3.11. Access to List of Certificateholder's Name and Addresses ....................13 Section 3.12. Maintenance of Office or Agency .............................................13 Section 3.13. Appointment of Trust Paying Agent ...........................................14 Section 3.14. Ownership by Owner of Trust Certificate .....................................14 Section 3.15. Ownership by Depositor of Residual Interest Certificate .....................14
Certificate and Transfer of Interests. SECTION 3.01. Initial Ownership 7 SECTION 3.02. The Certificate 7 SECTION 3.03. Authentication of the Certificate 7 SECTION 3.04. Exchange of the Certificate 7 SECTION 3.05. Mutilated, Destroyed, Lost or Stolen Certificate 8 SECTION 3.06. Persons Deemed Owners 8 SECTION 3.07. Access to Certificateholder’s Name and Address 8 SECTION 3.08. Maintenance of Office or Agency 8 SECTION 3.09. Appointment of Paying Agent 9 SECTION 3.10. Depositor as Certificateholder 9 SECTION 3.11. Non-transferability of the Certificate(s) 9
Certificate and Transfer of Interests 

Related to Certificate and Transfer of Interests

  • Certificate and Transfer of Interest 8 SECTION 3.1. Initial Ownership..................................................... 8 SECTION 3.2. The Certificate....................................................... 8 SECTION 3.3. Authentication of Certificate......................................... 8 SECTION 3.4. Registration of Transfer and Exchange of Certificate.................. 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates..................... 9 SECTION 3.6.

  • Certificates and Transfer of Interests 9 Section 3.1 Initial Ownership 9 Section 3.2 The Certificates 9 Section 3.3 Authentication of Certificates 10 Section 3.4 Registration of Certificates; Transfer and Exchange of Certificates 10 Section 3.5 Mutilated, Destroyed, Lost or Stolen Certificates 12 Section 3.6 Persons Deemed Owners 13 Section 3.7 Access to List of Certificateholders’ Names and Addresses 13 Section 3.8 Maintenance of Office or Agency 14 Section 3.9 Appointment of Paying Agent 14

  • Trust Certificates and Transfer of Interests Section 3.01 [Reserved].

  • Residual Interest and Transfer of Interests 6 Section 3.1. The Residual Interest. 6

  • Transfer of Interests The Member may sell, assign, pledge, encumber, dispose of or otherwise transfer all or any part of the economic or other rights that comprise its Interest. The transferee shall have the right to be substituted for the Member under this Agreement for the transferor if so determined by the Member. No Member may withdraw or resign as Member except as a result of a transfer pursuant to this Section 7 in which the transferee is substituted for the Member. None of the events described in Section 18-304 of the Act shall cause the Member to cease to be a Member of the Company.

  • Transfer of Interest The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

  • Due on Sale and Encumbrance; Transfers of Interests Borrower acknowledges that Lender has examined and relied on the experience of Borrower and its members and principals of Borrower in owning and operating properties such as the Property in agreeing to make the Loan, and will continue to rely on Borrower’s ownership of the Property as a means of maintaining the value of the Property as security for repayment of the Debt and the performance of the Other Obligations. Borrower acknowledges that Lender has a valid interest in maintaining the value of the Property so as to ensure that, should Borrower default in the repayment of the Debt or the performance of the Other Obligations, Lender can recover the Debt by a sale of the Property. Therefore, without the prior written consent of Lender, but, in each instance, subject to the provisions of Article 7, neither Borrower nor any other Person having a direct or indirect ownership or beneficial interest in Borrower shall sell, convey, mortgage, grant, bargain, encumber, pledge, assign or transfer the Property or any part thereof, or any interest, direct or indirect, in Borrower, whether voluntarily or involuntarily or enter into or subject the Property to a PACE Loan (a “Transfer”). A Transfer within the meaning of this Section 4.2 shall be deemed to include (i) an installment sales agreement wherein Borrower agrees to sell the Property or any part thereof for a price to be paid in installments; (ii) an agreement by Borrower for the leasing of all or a substantial part of the Property for any purpose other than the actual occupancy by a space Tenant thereunder or a sale, assignment or other transfer of, or the grant of a security interest in, Borrower’s right, title and interest in and to any Leases or any Rents; (iii) if Borrower is a limited liability company, the change, removal, resignation or addition of a member or the transfer of the interest of any member; and (iv) any pledge, hypothecation, assignment, transfer or other encumbrance of any ownership interest in Borrower.

  • Transfer of Purchased Certificates (a) The Purchaser understands that the Purchased Certificates have not been registered under the Act, or any state securities laws and that no transfer may be made unless the Purchased Certificates are registered under the Act and under applicable state law or unless an exemption from registration is available. The Purchaser further understands that neither Washington Mutual nor the Trust is under any obligation to register the Purchased Certificates or make an exemption available. In the event that such a transfer is to be made within two years from the Closing Date without registration under the Act or applicable state securities laws, (i) the Trustee shall require, in order to assure compliance with such laws, that the Certificateholder's prospective transferee each certify to Washington Mutual, the Trustee and the Trust as to the factual basis for the registration or qualification exemption relied upon, and (ii) the Trustee or Washington Mutual may require an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act and state securities laws, which Opinion of Counsel shall not be an expense of the Trust, the Trustee or Washington Mutual. Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trust, the Trustee and Washington Mutual against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

  • Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units (a) Units shall not be certificated unless otherwise determined by the Manager. If the Manager determines that one or more Units shall be certificated, each such certificate shall be signed by or in the name of the Company, by the Chief Executive Officer and any other officer designated by the Manager, representing the number of Units held by such holder. Such certificate shall be in such form (and shall contain such legends) as the Manager may determine. Any or all of such signatures on any certificate representing one or more Units may be a facsimile, engraved or printed, to the extent permitted by applicable Law. The Manager agrees that it shall not elect to treat any Unit as a “security” within the meaning of Article 8 of the Uniform Commercial Code unless thereafter all Units then outstanding are represented by one or more certificates.

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