Asset Backed Certificate definition

Asset Backed Certificate. (herein called the “Certificate”). Also issued under the Indenture, dated as of , 20 , between the Trust and [Trustee], as trustee and indenture collateral agent, are [ classes of Notes designated as “Class A-1 % Asset Backed Notes” (the “Class A-1 Notes”), “Class A-2[-A] % Asset Backed Notes” (the “Class A-2[-A] Notes”), [”Class A-2-B Floating Rate Asset Backed Notes” (the ““Class A-2-B Notes”),] and “Class A-3 % Asset Backed Notes” (the “Class A-3 Notes” and together with the Class A-1 Notes, the Class A-2[-A] Notes [the Class A-2-B Notes], the “Class A Notes”), “Class B % Asset Backed Notes” (the “Class B Notes”), “Class C % Asset Backed Notes” (the “Class C Notes”), “Class D % Asset Backed Notes” (the “Class D Notes”) and “Class E % Asset Backed Notes” (the “Class E Notes”) (the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the [Initial] Cutoff Date, [in the case of the Initial Receivables, and the Subsequent Cutoff Date, in the case of the Subsequent Receivables,] security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement, dated as of , 20 , by and between AmeriCredit Financial Services, Inc. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise pr...

Asset Backed Certificate. (herein called the "Certificate"). Also issued under the Indenture, dated as of October 1, 2003, between the Trust, and JPMorgan Chase Bank, as trustee, are five classes of Notes designated as "Class A-1 1.13% Asset Backed Notes" (the "Class A-1 Notes"), "Class A-2 1.66% Asset Backed

Examples of Asset Backed Certificate in a sentence

• The Issuer will also issue an Asset Backed Certificate (the “Certificate”) to JDRI.

• This Certificate is the duly authorized Certificate designated as the "Asset Backed Certificate" (herein called the "Certificate").

• In addition to the Notes, the Trust will also issue an Asset Backed Certificate representing the beneficial ownership interests in the Trust (the “Certificate”) (the Notes and the Certificate, together, the “Securities”) pursuant to a trust agreement, dated as of , 20 , as amended and restated as of , 20 (the “Trust Agreement”), between the Seller and [Owner Trustee], as owner trustee (the “Owner Trustee”).

• BA Credit Card Funding, LLC has caused this Class D Asset Backed Certificate, Series 2001‑D to be duly executed by its Authorized Officer.

• This Certificate is the duly authorized Class A Certificate designated as an "Asset Backed Certificate" (the "Class A Certificate") issued pursuant to the Trust Agreement.

• BA Credit Card Funding, LLC has caused this Class D Asset Backed Certificate, Series 2000-E to be duly executed under its official seal.

• Obtained copies of the First Bank Corporate Card Master Trust (the "Trust") Class A 6.40%, Asset Backed Certificates Number R-1 and R-2 and Class B 6.55% Asset Backed Certificate Number R-1 issued February 27, 1997, evidencing that they represent an undivided interest in the Trust.

• In addition to the Notes, the Trust will also issue an Asset Backed Certificate representing the beneficial ownership interests in the Trust (the "Certificate") (the Notes and the Certificate, collectively, the "Securities") pursuant to a Trust Agreement, dated as of ____________, 20__, as amended and restated as of ___________, 20__ between the Seller and [Name of owner trustee], as owner trustee (the "Owner Trustee").

• BA Credit Card Funding, LLC has caused this Class D Asset Backed Certificate, Series 1997-B to be duly executed under its official seal.

• BA Credit Card Funding, LLC has caused this Class D Asset Backed Certificate, Series 2001-B to be duly executed under its official seal.