Common use of Recordation of Instrument Clause in Contracts

Recordation of Instrument. To the extent permitted by applicable law, this Instrument, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the Bondholders' expense on direction of the related Bondholders, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 8 contracts

Samples: Indenture (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3), Servicing Agreement (IMPAC CMB Trust Series 2004-10), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2005-1)

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Recordation of Instrument. To the extent permitted by applicable law, this Instrument, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the BondholdersNoteholders' expense on direction of the related BondholdersMajority Noteholders or the Note Insurer, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Noteholders or the Note Insurer or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 8 contracts

Samples: Equity Loan Purchase Agreement (Pacificamerica Money Center Inc), Equity Loan Purchase Agreement (Merrill Lynch Mortgage Investors Inc), Merrill Lynch Mortgage Investors Inc

Recordation of Instrument. To the extent permitted by applicable law, this InstrumentAgreement, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the BondholdersCertificateholders' expense on direction of the related BondholdersCertificateholders entitled to at least 25% of the Voting Rights, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Certificateholders or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (WMC Secured Assets Corp WMC Mort Pass THR Cert Ser 2000-A), Pooling and Servicing Agreement (WMC Secured Assets Corp WMC Mort Pass THR Cert Ser 1999-A), Subsequent Transfer Agreement (WMC Secured Assets Corp WMC Mort Pass THR Cert Ser 2000-A)

Recordation of Instrument. To the extent permitted by applicable law, this Instrument, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the BondholdersNoteholders' expense on direction of the Note Insurer or the related BondholdersMajority Noteholders, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Noteholders or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Afc Mortgage Loan Asset Backed Notes Series 2000-1, Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2

Recordation of Instrument. To the extent permitted by applicable law, this Instrument, law or a memorandum thereof if permitted under applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the related Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the BondholdersNoteholders' expense on direction of the related BondholdersInsurer or Noteholders of at least 51% of the Note Balance, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Noteholders or the Insurer or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Advanta Conduit Receivables Inc)

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Recordation of Instrument. To the extent permitted by applicable law, this Instrument, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the Bondholders' expense on direction of the related Bondholders, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders or is necessary for the administration or servicing of the Group [_] Seasoned Mortgage Loans and Subsequent Mortgage Loans.

Appears in 1 contract

Samples: Imh Assets Corp

Recordation of Instrument. To the extent permitted by applicable law, this InstrumentAgreement, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer [_________] at the Bondholders' Class A Noteholders’ expense on direction of the related BondholdersClass A Noteholders, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Class A Noteholders or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Horizon Asset Securities Inc)

Recordation of Instrument. To the extent permitted by applicable law, this Instrument, law or a memorandum thereof if permitted under applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the related Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the BondholdersNoteholders' expense on direction of Noteholders holding Notes evidencing at least 51% of the related BondholdersAggregate Note Balance, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Bondholders Noteholders or is necessary for the administration or servicing of the Group [_] Subsequent Mortgage Loans.

Appears in 1 contract

Samples: 1 Purchase Agreement (Advanta Revolving Home Equity Loan Trust 2000 A)

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