Common use of Form of the Certificates Clause in Contracts

Form of the Certificates. (a) The Certificates shall be issued without a principal amount. The Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an authorized signatory of the Owner Trustee. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust shall be valid, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of authentication and delivery of such Certificates.

Appears in 11 contracts

Samples: Trust Agreement (Imc Home Equity Loan Owner Trust 1998-6), Trust Agreement (First Alliance Mortgage Co /De/), Trust Agreement (Oakwood Homes Corp)

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Form of the Certificates. (a) The Certificates shall be issued without a principal amountamount in the form of one or more Certificates each representing not less than a 10% Percentage Interest. The Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an authorized signatory of the Owner Trustee. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust shall be valid, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of authentication and delivery of such Certificates.

Appears in 3 contracts

Samples: Trust Agreement (First Alliance Mortgage Loan Trust 1998-1a), Trust Agreement (First Alliance Mortgage Loan Trust 1998-2), Trust Agreement (First Alliance Mortgage Loan Trust 1998-1f)

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