Common use of Occupancy of the Mortgaged Property Clause in Contracts

Occupancy of the Mortgaged Property. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, the Mortgaged Property is capable of being lawfully occupied under applicable law. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;

Appears in 20 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust 2003-He2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He6), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He2)

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Occupancy of the Mortgaged Property. As of the Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Servicing Transfer Date, the Mortgaged Property is capable of being lawfully occupied under applicable law. As of the Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Servicing Transfer Date, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;

Appears in 5 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-3), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He7), Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2007-2)

Occupancy of the Mortgaged Property. As of the Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Date, the Mortgaged Property is capable of being lawfully occupied under applicable law. As of the Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Date, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;

Appears in 4 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-1), Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-2), Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-2)

Occupancy of the Mortgaged Property. As of the Closing Date, and to Accreditedthe Responsible Party's knowledge as of the Securitization Closing Date, the Mortgaged Property is capable of being lawfully occupied under applicable law. As of the Closing Date, and to Accreditedthe Responsible Party's knowledge as of the Securitization Closing Date, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Mort Pass THR Certs Ser 2003-He3)

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Occupancy of the Mortgaged Property. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, the Mortgaged Property is capable of being lawfully occupied under applicable law. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6)

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