Common use of Qualified Nominee Clause in Contracts

Qualified Nominee. A Person (who may not be the Depositor or an Affiliate thereof) in whose name Eligible Investments held by the Trustee or Paying Agent may be registered as nominee of the Trustee or Paying Agent in lieu of registration in the name of the Trustee or Paying Agent, provided that the following conditions shall be satisfied in connection with such registration:

Appears in 6 contracts

Sources: Pooling and Servicing Agreement (Citicorp Residential Mortgage Securities, Inc.), Pooling and Servicing Agreement (Citicorp Residential Mortgage Trust Series 2006-3), Pooling and Servicing Agreement (Citicorp Residential Mortgage Trust Series 2006-1)

Qualified Nominee. A Person (who may not be the Depositor or an Affiliate thereof) in whose name Eligible Investments held by the Trustee or Paying Agent may be registered as nominee of the Trustee or Paying Agent in lieu of registration in the name of the Trustee or Paying AgentTrustee, provided that the following conditions shall be satisfied in connection with such registration:

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Citifinancial Mortgage Securities Inc)