Common use of Mutilated, Destroyed, Lost or Stolen Trust Certificates Clause in Contracts

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balance. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 106 contracts

Samples: Trust Agreement (Honda Auto Receivables 2024-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2024-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2024-1 Owner Trust)

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Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 99 contracts

Samples: Trust Agreement (World Omni Auto Receivables Trust 2024-B), Trust Agreement (World Omni Auto Receivables Trust 2024-B), Trust Agreement (World Omni Auto Receivables Trust 2024-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its the Owner Trustee’s Authenticating Agent Agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 69 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2024-A), Trust Agreement (Hyundai Auto Receivables Trust 2024-A), Trust Agreement (Hyundai Auto Receivables Trust 2023-C)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If If: (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate (provided, that the Trustee shall not be required to verify the evidence provided to it), and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save hold each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new replacement Trust Certificate evidencing the same percentage of beneficial interest in an authorized denomination and of a like original certificate balancethe Trust as the Trust Certificate so mutilated, destroyed, lost or stolen. In connection with the issuance of any new replacement Trust Certificate under this Section, the Owner Trustee and the Certificate Registrar may require the payment by the Certificateholder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section in replacement of any mutilated, destroyed, lost or stolen Trust Certificate shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the mutilated, lost, stolen or destroyed Trust Certificate shall be found at any time, and shall be entitled to all the benefits of this Agreement.

Appears in 55 contracts

Samples: Trust Agreement (CNH Equipment Trust 2024-B), Trust Agreement (CNH Equipment Trust 2024-A), Trust Agreement (CNH Equipment Trust 2023-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 48 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2024-A), Trust Agreement (Nissan Auto Lease Trust 2024-A), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent the Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 31 contracts

Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 31 contracts

Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2013-1), Trust Agreement (Harley-Davidson Motorcycle Trust 2012-1), Trust Agreement (Harley Davidson Customer Funding Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then (and in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to or is in the possession of a bona fide third party purchaser), provided that the requirements of Section 8‑405 of the UCC are met, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under pursuant to this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, Issuer as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 27 contracts

Samples: Trust Agreement (BMW Vehicle Lease Trust 2024-1), Trust Agreement (BMW Vehicle Lease Trust 2024-1), Trust Agreement (BMW Vehicle Lease Trust 2023-2)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Delaware Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Delaware Trustee on behalf of the Issuer Trust shall execute and the Owner Delaware Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Delaware Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 19 contracts

Samples: Trust Agreement (College Loan Corp Trust I), Trust Agreement (College Loan LLC), Trust Agreement (Goal Capital Funding, LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 18 contracts

Samples: Trust Agreement (World Omni Auto Receivables Trust 2006-B), Trust Agreement (World Omni Auto Receivables Trust 2005-A), Trust Agreement (World Omni Auto Receivables Trust 2005-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balanceCertificate Interest. In connection with the issuance of any new Trust Certificate under this SectionSection 3.05, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section 3.05 shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 18 contracts

Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2024-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2024-A), Trust Agreement (Harley-Davidson Motorcycle Trust 2023-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balance. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 18 contracts

Samples: Trust Agreement (Honda Auto Receivables 2004-3 Owner Trust), Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If If: (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate (provided, that the Trustee shall not be required to verify the evidence provided to it), and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save hold each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, and provided that the Owner requirements of Section 8-405 of the UCC are met, the Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new replacement Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new replacement Trust Certificate under this Section, the Owner Trustee and the Certificate Registrar may require the payment by the Certificateholder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section in replacement of any mutilated, destroyed, lost or stolen Trust Certificate shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the mutilated, lost, stolen or destroyed Trust Certificate shall be found at any time, and shall be entitled to all the benefits of this Agreement.

Appears in 17 contracts

Samples: Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Equipment Trust 2005-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then (and in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to or is in the possession of a bona fide third party purchaser), provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under pursuant to this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, Issuer as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 16 contracts

Samples: Trust Agreement (Financial Services Vehicle Trust), Trust Agreement (BMW Auto Leasing LLC), Trust Agreement (BMW Auto Leasing LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent The Chase Manhattan Bank, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 15 contracts

Samples: Trust Agreement (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A), Trust Agreement (Premier Auto Trust 1998-3), Trust Agreement (Premier Auto Trust 1997 1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balance. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 15 contracts

Samples: Trust Agreement (Honda Auto Receivables 2010-1 Owner Trust), Trust Agreement (Honda Auto Receivables 2009-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2009-1 Owner Trust)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balanceCertificate Percentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 12 contracts

Samples: Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Financial 2005-1 Owner Trust)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent U.S. Bank National Association, as the Trust’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 12 contracts

Samples: Trust Agreement (BMW Vehicle Owner Trust 2020-A), Trust Agreement (BMW Vehicle Owner Trust 2020-A), Trust Agreement (BMW Vehicle Owner Trust 2019-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Eligible Lender Trustee such security or indemnity as may be required by them to save each of them and the Trust harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Eligible Lender Trustee on behalf of the Issuer Trust shall execute and the Owner Eligible Lender Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Eligible Lender Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 10 contracts

Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If If: (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 9 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Trustee and the Certificate Registrar receives receive evidence to its their satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Trustee and the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee or the Certificate Registrar that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor, Class and of Percentage Interest but bearing a like original certificate balancenumber not contemporaneously outstanding. In connection with Upon the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection relation thereto and any other expenses (including the fees and expenses of the Trustee and the Certificate Registrar) connected therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the TrustTrust Fund, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 8 contracts

Samples: Trust Agreement (RALI Series 2005-Qr1 Trust), Trust Agreement (RALI Series 2008-QR1Trust), Trust Agreement (Stanwich Asset Acceptance CO LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balanceCertificate Percentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 8 contracts

Samples: Trust Agreement (WFS Receivables Corp), Trust Agreement (WFS Receivables Corp), Trust Agreement (WFS Receivables Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives and the Owner Trustee shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be reasonably required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee Trust that such Trust Certificate has been acquired by a bona fide protected purchaser, the Certificate Registrar shall cause the Owner Trustee on behalf of the Issuer shall Trust to execute and the Owner Trustee or its Authenticating Agent Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate of like tenor and denomination. The Holder of such Trust Certificate shall pay the reasonable expenses and charges of the Certificate Registrar and the Owner Trustee in an authorized denomination and of a like original certificate balanceconnection therewith. In connection with the issuance of any new Trust Certificate under this SectionSection 3.05, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section 3.05 shall constitute conclusive evidence of ownership of a beneficial interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 7 contracts

Samples: Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Horizon Technology Finance Corp), Trust Agreement (Hercules Capital, Inc.)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balanceCertificate Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 7 contracts

Samples: Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Customer Funding Corp.)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is delivered to the Certificate Registrar and the Owner Trustee Trust Agent such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or Trust Agent, as its Authenticating Agent authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or, on its behalf, the Trust Agent, may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 7 contracts

Samples: Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp), Trust Agreement (Onyx Acceptance Financial Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, or its Authenticating Agent the Administrator as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 6 contracts

Samples: Trust Agreement (Preferred Securitization Corp), Trust Agreement (Empire Funding Home Loan Owner Trust 1997-4), Trust Agreement (Firstplus Investment Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 5 contracts

Samples: Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (Dealer Auto Receivables Corp), Trust Agreement (Dealer Auto Receivables Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee Trustee, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Deutsche Bank Trust Company Americas, as the Owner Trustee’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 5 contracts

Samples: Trust Agreement (Franklin Receivables LLC), Trust Agreement (Franklin Auto Trust 2007-1), Trust Agreement (Franklin Auto Trust 2008-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Owner Trustee and the Certificate Registrar receives shall receive evidence to its their satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee Trustee, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent the Owner Trustee's authentication agent or Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 5 contracts

Samples: Trust Agreement (Ml Asset Backed Corp), Trust Agreement (Painewebber Asset Acceptance Corp), Trust Agreement (Ml Asset Backed Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent U.S. Bank Trust Company, National Association, as the Trust’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 4 contracts

Samples: Amended and Restated Trust Agreement (BMW Vehicle Owner Trust 2023-A), Trust Agreement (BMW Vehicle Owner Trust 2023-A), Amended and Restated Trust Agreement (BMW Vehicle Owner Trust 2022-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Security Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Deutsche Bank Trust Company Americas, as the Owner Trustee’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 4 contracts

Samples: Trust Agreement (Franklin Auto Trust 2003-2), Trust Agreement (Franklin Auto Trust 2004-2), Trust Agreement (Franklin Auto Trust 2004-1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Eligible Lender Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Eligible Lender Trustee on behalf of the Issuer Trust shall execute and the Owner Eligible Lender Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate of the same class in an authorized denomination and denominations of a like original certificate balanceaggregate amount. In connection with the issuance of any new Trust Certificate under this Section, the Owner Eligible Lender Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 4 contracts

Samples: Trust Agreement (Key Bank Usa National Association), Trust Agreement (Key Bank Usa National Association), Trust Agreement (Mellon Bank N A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to actual knowledge by a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 4 contracts

Samples: Trust Agreement (Mellon Auto Receivables Corp), Trust Agreement (Barnett Auto Receivables Corp), Trust Agreement (Ace Securities Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If If: (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate (provided, that the Trustee shall not be required to verify the evidence provided to it), and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save hold each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, and provided that the Owner requirements of Section 8-405 of the UCC are met, the Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new replacement Trust Certificate evidencing the same percentage of beneficial interest in an authorized denomination and of a like original certificate balancethe Trust as the Trust Certificate so mutilated, destroyed, lost or stolen. In connection with the issuance of any new replacement Trust Certificate under this Section, the Owner Trustee and the Certificate Registrar may require the payment by the Certificateholder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section in replacement of any mutilated, destroyed, lost or stolen Trust Certificate shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the mutilated, lost, stolen or destroyed Trust Certificate shall be found at any time, and shall be entitled to all the benefits of this Agreement.

Appears in 4 contracts

Samples: Trust Agreement (CNH Equipment Trust 2006-B), Trust Agreement (CNH Equipment Trust 2007-A), Trust Agreement (CNH Equipment Trust 2005-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee or the Authenticating Agent such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to actual knowledge by a Responsible Officer of the Owner Trustee or the Authenticating Agent that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee Trustee, or the Authenticating Agent at the direction of the Owner Trustee, in the name and on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate execute, authenticate, issue and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balanceOwnership Percentage. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may Trustee, or the Authenticating Agent at the direction of the Owner Trustee, or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall be duly authorized, validly issued and entitled to the benefits of this Agreement, and shall constitute conclusive evidence of a beneficial ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Money Store Home Equity Corp), Money Store Home Equity Corp, Money Store Home Equity Corp

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2003-A), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Security Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, or its Authenticating Agent Bankers Trust Company, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Money Store Auto Trust 1996-2), Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (TMS Auto Holdings Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any a mutilated Trust Certificate is shall be surrendered to the Certificate RegistrarUnderlying Trustee, or if the Certificate Registrar receives Underlying Trustee shall receive evidence to its satisfaction of the destruction, loss or theft of any the Underlying Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Underlying Trustee such security or indemnity as may be required by them it to save each of them it harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Underlying Trustee on behalf of the Issuer Underlying Trust shall execute and the Owner Underlying Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balanceCertificate. In connection with the issuance of any a new Trust Certificate under this Section, the Owner Underlying Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of the ownership interest in the Underlying Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Harley-Davidson Customer Funding Corp.), Trust Agreement (Harley-Davidson Motorcycle Trust 2016-A), Trust Agreement (Harley-Davidson Customer Funding Corp.)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (American Honda Receivables Corp), Trust Agreement (American Honda Receivables Corp), Trust Agreement (Pooled Auto Securities Shelf LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, ______________ or its Authenticating Agent _________, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Avco Abs Receivables Corp), Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Chec Asset Receivables Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [ ], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Chase Manhattan Acceptance Corp /De/), Trust Agreement (J P Morgan Acceptance Corp I), Trust Agreement (Chase Funding Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Eligible Lender Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Eligible Lender Trustee on behalf of the Issuer Trust shall execute and the Owner Eligible Lender Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Eligible Lender Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Crestar Bank /Va), Trust Agreement (Crestar Bank /Va), Trust Agreement (PNC Bank National Association/)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Capitalsource Inc), Trust Agreement (American Business Financial Services Inc /De/), Trust Agreement (American Business Financial Services Inc /De/)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of written notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent The Bank of New York, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (Regions Auto Receivables Trust 2002-1), Trust Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Trust Agreement (Regions Auto Receivables Trust 2003-1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this SectionSection 3.05, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section 3.05 shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Citibank, N.A., as the Trust’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (BMW Vehicle Owner Trust 2011-A), Trust Agreement (BMW Vehicle Owner Trust 2011-A), Trust Agreement (BMW Vehicle Owner Trust 2010-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Citibank, N.A., as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 3 contracts

Samples: Trust Agreement (BMW Vehicle Owner Trust 2004-A), Trust Agreement (BMW Fs Securities LLC), Trust Agreement (SSB Vehicle Securities Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. 10 (NALT 2023-A Second Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2023-A), Trust Agreement (Nissan Auto Lease Trust 2023-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. (NALT 2011-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2011-B), Trust Agreement (Nissan Auto Lease Trust 2011-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. 10 (NALT 2019-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [____________], as the Owner Trustee’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (BMW Fs Securities LLC), Trust Agreement (BMW Fs Securities LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If ------------------------------------------------------- (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Eligible Lender Trustee such security or indemnity as may be required by them to save each of them and the Trust harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Eligible Lender Trustee on behalf of the Issuer Trust shall execute and the Owner Eligible Lender Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Eligible Lender Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent _______________, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Structured Asset Mortgage Investments Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. 10 (NALT 2019-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Security Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Bankers Trust Company, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Franklin Receivables LLC), Trust Agreement (Franklin Receivables LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Security Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, or its Authenticating Agent Bankers Trust Company, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balanceOwnership Percentage. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership an Ownership Percentage in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (TMS Auto Holdings Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this SectionSection , the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (WFS Financial 1996-D Owner Trust), Trust Agreement (WFS Financial 1997-a Owners Trust)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [ ], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this SectionSection 3.5, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section 3.5 shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent an authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balance. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Honda Auto Receivables 2005-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2005-3 Owner Trust)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [_______________], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new newn Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (First Horizon Asset Securities Inc), Trust Agreement (Cwabs Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then (and in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to or is in the possession of a bona fide third party purchaser), provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, Issuer as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (BMW Vehicle Lease Trust 2007-1), Trust Agreement (BMW Auto Leasing LLC)

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Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [_______________], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this SectionSection , the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc), Trust Agreement (Morgan Stanley Abs Capital I Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. 10 (NALT 2020-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent The Bank of New York, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (National City Auto Receivables Trust 2002-A), Trust Agreement (National City Auto Receivables Trust 2004-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [______________________], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of the same Series of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate of a Series issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trustrelated Subdivision, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Daimlerchrysler Services North America LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If If: (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate (PROVIDED, that the Trustee shall not be required to verify the evidence provided to it), and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save hold each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, and provided that the Owner requirements of Section 8-405 of the UCC are met, the Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new replacement Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new replacement Trust Certificate under this Section, the Owner Trustee and the Certificate Registrar may require the payment by the Certificateholder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section in replacement of any mutilated, destroyed, lost or stolen Trust Certificate shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the mutilated, lost, stolen or destroyed Trust Certificate shall be found at any time, and shall be entitled to all the benefits of this Agreement.

Appears in 2 contracts

Samples: Execution Copy (CNH Receivables Inc), Trust Agreement (CNH Capital Receivables Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, or its Authenticating Agent the Administrator as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require or the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.Certificate

Appears in 2 contracts

Samples: Trust Agreement (Mego Financial Corp), Trust Agreement (Mego Mortgage Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. 10 (NALT 2020-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 2 contracts

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Ucfc Acceptance Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent JPMorgan Chase Bank, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [AUTHENTICATING AGENT], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (National City Bank /)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this SectionSection 3.05, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section 3.05 shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (American Capital Strategies LTD)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Security Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent Deutsche Bank Trust Company Americas, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee or the Authenticating Agent such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to actual knowledge by a Responsible Officer of the Owner Trustee or the Authenticating Agent that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee Trustee, or the Authenticating Agent at the direction of the Owner Trustee, in the name and on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate execute, authenticate, issue and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like Class, tenor and of a like original certificate balanceOwnership Percentage. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may Trustee, or the Authenticating Agent at the direction of the Owner Trustee, or the Certificate Registrar may, but shall not be obligated to, require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall be duly authorized, validly issued and entitled to the benefits of this Agreement, and shall constitute conclusive evidence of a beneficial ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Money Store Commercial Mortgage Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Harley-Davidson Motorcycle Trust 2016-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Owner Trustee or the Certificate Registrar, or the Owner Trustee and the Certificate Registrar receives receive evidence to its their satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Owner Trustee and the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to actual knowledge by a Responsible Officer of the Owner Trustee or the Certificate Registrar that such Trust Certificate has not been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer shall execute and the Owner Trustee or its Authenticating Agent Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like Class and of a like original certificate balancetenor. In connection with Upon the issuance of any new Trust Certificate under this SectionSection 12.2, the Owner Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection relation thereto and any other expenses (including the fees and expenses of the Certificate Registrar) connected therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership of the corresponding interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time, and such original Trust Certificate shall be deemed cancelled upon the issuance of such replacement Trust Certificate.

Appears in 1 contract

Samples: Trust Agreement (Commercial Assets Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent the Certificate Registrar , as the Owner Trustee’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Amended and Restated Trust Agreement Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Huntington Auto Trust 2012-2)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent ( ), ------------- as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Directors Asset Conduit Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and Registrar, the Owner Trustee and (unless an Insurer Default shall have occurred and be continuing) the Insurer, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee Trustee, or its Authenticating Agent _____________________, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Nationsfinancial Funding Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of written notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee Trustee, on behalf of the Issuer Trust, shall execute and the Owner Trustee or its Authenticating Agent JPMorgan Chase Bank, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [_______________], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, Section the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of written notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee Trustee, on behalf of the Issuer Trust, shall execute and the Owner Trustee or its Authenticating Agent Wells Fargo Bank, National Associxxxxx, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (ii) there is delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent authenticating agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancefractional undivided interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or Certificate Registrar may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Newcourt Receivables Corp Ii)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its the Owner Trustee’s Authenticating Agent Agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.. (2010-B Amended and Restated Trust Agreement)

Appears in 1 contract

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2010-B)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee Trustees (in their respective individual capacities) such security or indemnity as may be required by them to defend and save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide protected purchaser, the Owner Certificate Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Certificate Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Master Trust Agreement (Franklin Credit Management Corp/De/)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Form of Trust Agreement (Asset Backed Securities Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [______________], as the Trust's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (BMW Fs Securities LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is delivered to the Certificate Registrar Registrar, the Trustee and the Owner Trustee Certificate Administrator such security or indemnity as may be required by them it to save each of them it harmless, then, in the absence of actual notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of Certificate Registrar shall direct the Issuer shall execute and the Owner Trustee or its Authenticating Agent shall Certificate Administrator to execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate of like tenor and interest in an authorized denomination and of a like original certificate balancethe Trust Fund. In connection with the issuance of any new Trust Certificate under this SectionSection 5.04, the Owner Trustee Certificate Registrar and the Certificate Administrator may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection expenses (including the fees and expenses of the Certificate Registrar) connected therewith. Any duplicate replacement Trust Certificate issued pursuant to this Section 5.04 shall constitute conclusive complete and indefeasible evidence of ownership in the TrustTrust Fund, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (BMO 2023-C7 Mortgage Trust)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (i) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or if the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (ii) there is (NALT 2008-A Amended and Restated Trust Agreement) delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by transferred to a bona fide purchaserprotected purchaser and provided that the requirements of Section 8-405 of the UCC are met, the Owner Trustee on behalf of the Issuer Issuing Entity shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the TrustIssuing Entity, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Nissan-Infiniti Lt)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent ____________, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if ****** originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Beneficial Mortgage Services Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent [__________], as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Equity One Abs Inc)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its the Owner Trustee's Authenticating Agent Agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent JPMorgan Chase Bank, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (BMW Vehicle Owner Trust 2002-A)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice delivered to a Responsible Officer of the Owner Trustee in writing that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent The Chase Manhattan Bank, as the Owner Trustee's authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Master Trust Agreement (A I Receivables Transfer Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee and the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Mru Abs Ii LLC)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is surrendered to the Certificate Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate Certificate, and (iib) there is delivered to the Certificate Registrar and the Owner Trustee Trust Agent such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or Trust Agent, as its Authenticating Agent authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancePercentage Interest. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or, on its behalf, the Trust Agent, may require the payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewithrelation thereto. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, mutilated, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Onyx Acceptance Corp)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Certificate Registrar receives shall receive evidence to its satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has been acquired by a bona fide protected purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent the Indenture Trustee, as the Owner Trustee’s authenticating agent, shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Huntington Auto Trust 2012-1)

Mutilated, Destroyed, Lost or Stolen Trust Certificates. If ------------------------------------------------------- (ia) any mutilated Trust Certificate is shall be surrendered to the Certificate Registrar, or if the Owner Trustee and the Certificate Registrar receives shall receive evidence to its their satisfaction of the destruction, loss or theft of any Trust Certificate and (iib) there is shall be delivered to the Certificate Registrar and the Owner Trustee Trustee, such security or indemnity as may be required by them to save each of them harmless, then, then in the absence of notice to a Responsible Officer of the Owner Trustee that such Trust Certificate has shall have been acquired by a bona fide purchaser, the Owner Trustee on behalf of the Issuer Trust shall execute and the Owner Trustee or its Authenticating Agent the Owner Trustee's authentication agent or Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Trust Certificate, a new Trust Certificate in an authorized denomination of like class, tenor and of a like original certificate balancedenomination. In connection with the issuance of any new Trust Certificate under this Section, the Owner Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of an ownership interest in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

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