Common use of Appointment of the Owner Trustee Clause in Contracts

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 19 contracts

Samples: Trust Agreement (Homebanc Corp), Trust Agreement (HomeBanc Mortgage Trust 2006-2), Trust Agreement (Homebanc Corp)

AutoNDA by SimpleDocs

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 15 contracts

Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (SunTrust Mortgage Securitization, LLC), Trust Agreement (NYMT Securities CORP)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 13 contracts

Samples: Trust Agreement (Saxon Asset Securities Trust 2005-1), Trust Agreement (Sast 2006-3), Trust Agreement (Saxon Asset Securities Trust 2005-3)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) Trustee of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized (but not obligated) to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 9 contracts

Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization Trust 2005-4), Owner Trust Agreement (FBR Securitization Trust 2005-1)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the "Owner Trustee") of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Sale and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 5 contracts

Samples: Trust Agreement (CWHEQ, Inc.), Trust Agreement (CWMBS Inc), Trust Agreement (Indymac MBS Inc)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) Trustee of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Insurance Agreement, the Sale and Servicing Agreement and any other Operative Agreement Transaction Document on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 5 contracts

Samples: Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H2)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) Trustee of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Sale and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2005-He4), Sale and Servicing Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1), Sale and Servicing Agreement (Greenpoint Mortgage Funding Trust 2005-He1)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) Trustee of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2006-He1), Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2005-He3)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corp)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement Document on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Aegis Asset Backed Securities Trust 2005-2), Trust Agreement (Aegis Asset Backed Securities Trust 2005-3), Trust Agreement (Aegis Asset Backed Securities Corp)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Sale and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2007-2), Trust Agreement (Thornburg Mortgage Securities Corp), Trust Agreement (Thornburg Mortgage Securities Trust 2007-1)

AutoNDA by SimpleDocs

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the "Owner Trustee") of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Aames Mortgage Investment Trust 2005-2)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the "Owner Trustee") of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement Document on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Aegis 2006-1)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby empowered and authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (New York Mortgage Trust 2005-3)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the "Owner Trustee") of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Sale and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 1 contract

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

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) Trustee of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Owner Trust Agreement (FBR Securitization, Inc.)

Appointment of the Owner Trustee. The Depositor hereby appoints the Bank to act as owner trustee (the “Owner Trustee”) of the Trust effective as of the date hereof to have all the rights, powers and duties set forth herein with respect to accomplishing the purposes of the Trust. The Owner Trustee is hereby authorized to execute this Agreement, the Indenture, the Administration Agreement, the Transfer Sale and Servicing Agreement and any other Operative Agreement on behalf of the Trust. The Owner Trustee is hereby authorized to take all actions required or permitted to be taken by it in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.