Common use of Authentication of Certificate Clause in Contracts

Authentication of Certificate. Concurrently with the acquisition of the Mortgage Loans by the Trust, the Owner Trustee or the Certificate Paying Agent shall cause the Certificates in an initial aggregate Percentage Interest of 100.00% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of Xxxxx Union Bank and Trust Company, signed by its chairman of the board, its president or any vice president, without further corporate action by Xxxxx Union Bank and Trust Company, in authorized denominations. No Certificate shall entitle its holder to any benefit under this Agreement or be valid for any purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Paying Agent, by manual signature; and such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication.

Appears in 3 contracts

Samples: Trust Agreement (Irwin Home Equity Loan Trust 2005-1), Trust Agreement (Irwin Home Equity Loan Trust 2004-1), Trust Agreement (Bear Stearns Asset Backed Securities Inc)

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Authentication of Certificate. Concurrently with the acquisition of the Mortgage Loans by the Trust, the Owner Trustee or the Certificate Paying Agent shall cause the each Class of Certificates to be issued in an initial aggregate a Certificate Percentage Interest of 100.00% %, to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of Xxxxx Union Bank and Trust Companythe Depositor, signed by its chairman of the board, its president or any vice president, without further corporate action by Xxxxx Union Bank and Trust Companythe Depositor, in the authorized denominationsdenomination. No A Certificate shall not entitle its holder to any benefit under this Trust Agreement or be valid for any purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, Exhibit I or Exhibit K executed by the Owner Trustee or the Certificate Paying Agent, by manual signature; and such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates Each Certificate shall be dated the date of their its authentication.

Appears in 3 contracts

Samples: Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-B), Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-C), Trust Agreement (CSFB Home Equity Mortgage Trust 2005-Hf1)

Authentication of Certificate. Concurrently with the acquisition of the Mortgage Loans by the Trust, the Owner Trustee or the Certificate Paying Agent shall cause the Certificates Certificate in an initial aggregate Certificate Percentage Interest of 100.00% to be executed on behalf of the Trust, authenticated authenti cated and delivered to or upon the written order of Xxxxx Union Bank and Trust Companythe Depositor, signed by its chairman of the board, its president or any vice president, without further corporate action by Xxxxx Union Bank and Trust Companythe Depositor, in the authorized denominationsdenomination. No The Certificate shall not entitle its holder to any benefit under this Owner Trust Agreement or be valid for any purpose unless there shall appear on such the Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Paying Agent, by manual signature; and such authentication shall constitute conclusive evidence that such the Certificate shall have been duly authenticated and delivered hereunder. All Certificates The Certificate shall be dated the date of their its authentication.

Appears in 2 contracts

Samples: Owner Trust Agreement (DLJ Mortgage Acceptance Corp), Owner Trust Agreement (Cendant Mortgage Capital LLC)

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Authentication of Certificate. Concurrently with the acquisition of the Mortgage Loans by the Trust, the Owner Trustee or the Certificate Paying Agent shall cause the Certificates in an initial aggregate Percentage Interest of 100.00% to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of Xxxxx Union Bank and Trust Companythe Transferor, signed by its chairman of the board, its president or any vice president, without further corporate action by Xxxxx Union Bank and Trust Companythe Transferor, in authorized denominations. No Certificate shall entitle its holder to any benefit under this Agreement or be valid for any purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth in Exhibit A, executed by the Owner Trustee or the Certificate Paying Agent, by manual signature; and such authentication shall constitute conclusive evidence that such Certificate shall have been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication.

Appears in 1 contract

Samples: Trust Agreement (Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2)

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