Exchangeable Transferor Certificate definition

Exchangeable Transferor Certificate means the certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A and exchangeable as provided in Section 6.9; provided, that at any time there shall be only one Exchangeable Transferor Certificate.

Exchangeable Transferor Certificate means, if the Transferor elects to evidence its interest in the Transferor Interest in certificated form pursuant to Section 6.01, a certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A and exchangeable as provided in Section 6.09; provided, that at any time there shall be only one Exchangeable Transferor Certificate; provided, further, that in any Supplement, "Exchangeable Transferor Certificate" shall mean either a certificate executed and delivered by the Transferor and authenticated by the Trustee substantially in the form of Exhibit A or the uncertificated interest in the Transferor Interest.

Exchangeable Transferor Certificate shall have the meaning attributed to such term in the Pooling & Servicing Agreement.

Examples of Exchangeable Transferor Certificate in a sentence

• The Exchangeable Transferor Certificate may be exchanged by the Transferor pursuant to the Agreement for one or more Series of Certificates and a reissued Exchangeable Transferor Certificate upon the conditions set forth in the Agreement.

• Throughout the existence of the Trust, the Servicer will allocate to the Transferor, as holder of the Exchangeable Transferor Certificate, an amount equal to the Transferor Percentage of the aggregate amount of Collections of Finance Charge Receivables and Principal Receivables for each Monthly Period.

• In addition to the Class A Certificates, the Class B Certificates and the CIA Certificates, the Exchangeable Transferor Certificate will be reissued pursuant to the Agreement and will represent the Transferor's interest in the Trust.

• The reissued Exchangeable Transferor Certificate will represent the interest in the Principal Receivables not represented by the Class A Certificates, the Class B Certificates and the CIA Certificates (together the "Investor Certificates") or any other Series of Certificates.

• The reissued Exchangeable Transferor Certificate will represent the interest in the Principal Receivables not represented by the Class A Certificates, the Class B Certificates and the Excess Collateral (together the "Investor Certificates") or any other Series of Certificates.

More Definitions of Exchangeable Transferor Certificate

Exchangeable Transferor Certificate means the certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A and exchangeable as provided in Section 6.9; PROVIDED, HOWEVER, that at any time there shall be only one Exchangeable Transferor Certificate.

Exchangeable Transferor Certificate means the certificate executed by the Transferor and authenticated by the Owner Trustee, substantially in the form of Exhibit 3.4 to the Trust Agreement, and any Exchangeable Transferor Certificate reissued pursuant to Section 3.4 of the Trust Agreement.

Exchangeable Transferor Certificate means the certifi- cate executed by the Transferor and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A.

Exchangeable Transferor Certificate means the ownership interest in the Master Trusts not represented by any outstanding Series.

Exchangeable Transferor Certificate means, if the Transferorselect (i) to evidence their interests in the Transferor Interest in certificated form pursuant to Section 6.01, the certificate executed by the Transferors and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A, as the same may be modified in accordancewith Exhibit A, and exchangeable as provided in Section 6.09 for oneor more Series of Investor Certificates and the reissued Exchangeable Transferor Certificate, or (ii) to have their interests in the Transferor Interest be uncertificated pursuant to Section 6.01, such uncertificated interests.

Exchangeable Transferor Certificate means the certificate representing the ownership interest in the Trust not represented by any Series.

Exchangeable Transferor Certificate means the certificate executed by the Transferor and authenticated by the Trustee, substantially in the form of Exhibit A, and any Exchangeable Transferor Certificate reissued pursuant to Section 6.9.