Common use of Independent Certificate Clause in Contracts

Independent Certificate. A certificate or opinion to be delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 10.01 of the Indenture, made by an independent appraiser or other expert appointed by an Issuer Request and approved by the Indenture Trustee in the exercise of reasonable care, and such opinion or certificate shall state that the signer has read the definition of “Independent” in this Indenture and that the signer is Independent within the meaning thereof. Index: With respect to any Mortgage Loan, the index for the adjustment of the Mortgage Rate set forth as such on the related Mortgage Note.

Appears in 3 contracts

Samples: Servicing Agreement (Impac CMB Trust Series 2005-8), Servicing Agreement (Imh Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-7), Indenture (IMPAC CMB Trust Series 2005-5)

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Independent Certificate. A certificate or opinion to be delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 10.01 of the Indenture, made by an independent appraiser or other expert appointed by an Issuer Request and approved by the Indenture Trustee in the exercise of reasonable care, and such opinion or certificate shall state that the signer has read the definition of “Independent” in this Indenture and that the signer is Independent within the meaning thereof. Index: With respect to any Mortgage Loan, the index for the adjustment of the Mortgage Rate set forth as such on in the related Mortgage Note.

Appears in 2 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4), Servicing Agreement (American Home Mortgage Investment Trust 2004-3)

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Independent Certificate. A certificate or opinion to be delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 10.01 of the Indenture, made by an independent Independent appraiser or other expert appointed by an Issuer Request Issuing Entity Order and approved by the Indenture Trustee in the exercise of reasonable care, and such opinion or certificate shall state that the signer has read the definition of “Independent” in this Indenture and that the signer is Independent within the meaning thereof. Index: With respect to any Adjustable Rate Mortgage Loan, the index for the adjustment of the Mortgage Rate set forth as such on the related Mortgage Note.

Appears in 1 contract

Samples: Shellpoint Mortgage Acceptance LLC

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