Common use of The Offered Securities Clause in Contracts

The Offered Securities. The Depositor proposes to sell pursuant to the applicable Underwriting Agreement to the several Underwriters named therein mortgage loan certificates (the "Securities") representing beneficial ownership interests in a trust, the trust property of which consists of a pool of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing Agreement") by and among the Depositor, WMFC 1997-2 Inc., as unaffiliated seller (the "Unaffiliated Seller"), Wilshire Servicing Corporation, as servicer (the "Servicer"), and Bankers Trust Company of California, N.A., as trustee (the "Trustee") and as backup servicer (the "Backup Servicer"). The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Pooling and Servicing Agreement identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

Appears in 1 contract

Samples: Underwriting Agreement (Prudential Securities Secured Financing Corp)

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The Offered Securities. The Depositor proposes to sell pursuant to the applicable Underwriting Agreement to the several Underwriters named therein mortgage loan certificates (the "Securities") representing beneficial ownership interests in a trust, the trust property of which consists of a pool of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing Agreement") by and among the Depositor, WMFC 1997-2 Inc.Wilshire Financing Company, L.L.C., as unaffiliated seller (the "Unaffiliated Seller"), Wilshire Servicing Corporation, as servicer (the "Servicer"), Source One Mortgage Services Corporation, as backup servicer (the "Backup Servicer"), and Bankers Trust Company of California, N.A., as trustee (the "Trustee") and as backup servicer (the "Backup Servicer"). The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Pooling and Servicing Agreement identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

Appears in 1 contract

Samples: Underwriting Agreement (Prudential Securities Secured Financing Corp)

The Offered Securities. The Depositor proposes to sell pursuant to the applicable Underwriting Agreement to the several Underwriters named therein mortgage home equity loan certificates asset backed notes (the "Securities") representing beneficial ownership interests in a trust, the trust property of which consists of a pool of mortgage loans (the "Mortgage Loans") Loans and certain related property. The Securities will be issued pursuant to a pooling an Indenture dated as of December 1, 1997 between the Trust and servicing agreement First Union National Bank, as Indenture Trustee (the "Pooling Trustee"). The underlying home equity loans are to be serviced pursuant to a Sale and Servicing Agreement dated as of December 1, 1997 (the "Sale and Servicing Agreement") by and among the Trust, the Depositor, WMFC 1997-2 Inc., as unaffiliated seller (the "Unaffiliated Seller"), Wilshire Servicing Corporation, as servicer Emergent Mortgage Corp. (the "Servicer"), and Bankers Trust Company of California, N.A., as trustee (the "Trustee") and as backup servicer (the "Backup Servicer")Trustee. The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Pooling Sale and Servicing Agreement identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

Appears in 1 contract

Samples: Prudential Securities Secured Financing Corp

The Offered Securities. The Depositor proposes to sell pursuant to the applicable Underwriting Agreement to the several Underwriters named therein mortgage home equity loan certificates asset backed notes (the "Securities") representing beneficial ownership interests in a trust, the trust property of which consists of a pool of mortgage loans (the "Mortgage Loans") Loans and certain related property. The Securities will be issued pursuant to a pooling an Indenture dated as of May 1, 1999 between the Trust and servicing agreement First Union National Bank, as Indenture Trustee (the "Pooling Trustee"). The underlying home equity loans are to be serviced pursuant to a Sale and Servicing Agreement dated as of May 1, 1999 (the "Sale and Servicing Agreement") by and among the Trust, the Depositor, WMFC 1997-2 Inc.HomeGold, as unaffiliated seller (the "Unaffiliated Seller"), Wilshire Servicing Corporation, as servicer Inc. (the "Servicer"), and Bankers Trust Company of California, N.A., as trustee (the "Trustee") and as backup servicer (the "Backup Servicer")Trustee. The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Pooling Sale and Servicing Agreement identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

Appears in 1 contract

Samples: Underwriting Agreement (Prudential Securities Secured Financing Corp)

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The Offered Securities. The Depositor proposes to sell pursuant to the applicable Underwriting Agreement to the several Underwriters named therein mortgage loan certificates (the "Securities") representing beneficial ownership interests in a trust, the trust property of which consists of a pool of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing Agreement") by and among the Depositor, WMFC 1997-2 Inc., as unaffiliated seller (the "Unaffiliated Seller"), Wilshire Servicing Corporation, as servicer (the "Servicer"), and Bankers Trust Company of California, N.A., as trustee (the "Trustee") and as backup servicer (the "Backup Servicer"). . The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Pooling and Servicing Agreement identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

Appears in 1 contract

Samples: Prudential Securities Secured Financing Corp

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