Common use of Presentation of Certificates Clause in Contracts

Presentation of Certificates. Upon receipt of notice of the final Distribution Date with respect to any Class, the Trustee will notify each affected Certificateholder that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Depositor, the Master Servicer, the Trustee and the Trust Fund against all claims with respect to such Certificate arising following such Distribution Date. Claims against the Trust for payment on such Certificate shall be void unless made within three years from the Termination Date.

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-B), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-D), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-A)

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Presentation of Certificates. Upon receipt of notice of the final Distribution Date with respect to any Class, the Trustee will notify each affected Certificateholder that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Depositor, the Master Servicer, the Trustee and the Trust Fund against all claims with respect to such Certificate arising following such Distribution Date. Claims against the Trust Fund for payment on such Certificate shall be void unless made within three years from the Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HMB Acceptance Corp.)

Presentation of Certificates. Upon receipt of notice of the final Distribution Date with respect to any Class, the Trustee will notify each affected Certificateholder and the Class A-F5 Insurer that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Depositor, the Master Servicer, the Trustee and the Trust Fund against all claims with respect to such Certificate arising following such Distribution Date. Claims against the Trust for payment on such Certificate shall be void unless made within three years from the Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D)

Presentation of Certificates. Upon receipt of ---------------------------- notice of the final Distribution Date with respect to any Class, the Trustee will notify each affected Certificateholder that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Unaffiliated Seller, the Seller, the Depositor, the Master ServicerTrustee, the Trustee and the Trust Fund against all claims with respect to such Certificate Certificate(s) arising following such Distribution Date. Claims against the Trust for payment on such Certificate shall be void unless made within three years from the Termination DateTrust termination date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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Presentation of Certificates. Upon receipt of notice of the final Distribution Date with respect to any Class, the Trustee will notify each affected Certificateholder and the Class 1-A5 Insurer that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Depositor, the Master Servicer, the Trustee and the Trust Fund against all claims with respect to such Certificate arising following such Distribution Date. Claims against the Trust for payment on such Certificate shall be void unless made within three years from the Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B)

Presentation of Certificates. Upon receipt of notice ---------------------------- of the final Distribution Date with respect to any ClassCertificates, the Trustee will notify each affected Certificateholder that the next Distribution Date will be the final Distribution Date. In the event that a Certificateholder fails to deliver its Certificate(s) for cancellation on the final Distribution Date, by its purchase of a Certificate it agrees to indemnify the Unaffiliated Seller, each Seller, the Depositor, the Master ServicerTrustee, the Trustee and the Trust Fund against all claims with respect to such Certificate Certificate(s) arising following such Distribution Date. Claims against the Trust for payment on such Certificate shall be void unless made within three years from the Termination Date.Trust termination date. 107

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cs First Boston Mortgage Securities Corp /De/)

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