Trust Receipt and Certification Sample Clauses

Trust Receipt and Certification. Upon delivery to Custodian of the Mortgage Files, as specified in Section 3.1, Custodian shall review the same on account of the Depositors and the Trustee in accordance with the terms of Section 2.05(a) of the Transfer Agreement and Section 2.06(a) of the Pooling and Servicing Agreement and (subject to Section 4.1 hereof) shall provide to the Originators, the Depositors and the Trustee, as the case may be, with a copy to the Certificate Insurer, a receipt indicating that (i) all the documents in the Mortgage Files required to be delivered under Section 3.1 (being the documents described in Section 2.04 of the Transfer Agreement, and Section 2.04 of the Pooling and Servicing Agreement) have been delivered (subject to any exceptions noted in the related exception report referred to in such receipt) and (ii) Custodian holds such documents on behalf of the applicable Mortgage Holder pursuant to this Agreement (the "Mortgage Receipt"). Upon consummation of a Transfer in accordance with Article IV hereof, Custodian shall, with respect to the Mortgage Loans transferred to the applicable Mortgage Holder in connection with the applicable Transfer, as described in Section 3.1 hereof, number, execute and deliver to the applicable Mortgage Holder (with a copy to the Originators and the Certificate Insurer) one or more certifications (each, a "Trust Receipt and Certification") in the form attached hereto as Exhibit A. Upon issuance of a Trust Receipt and Certification with respect to any Transfer, the Mortgage Receipt relating to such Mortgage Loans previously delivered shall be deemed cancelled with respect to such Mortgage Loans.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Trust Receipt and Certification. (a) The Custodian shall, in each Trust Receipt and Certification, certify and confirm as to each Contract listed on the Contract Schedule to the Transaction Notice or Computer Tape delivered with such Transaction Notice, as applicable, that except as noted on the schedule of exception report attached to the related Trust Receipt and Certification:
Sample 1
Trust Receipt and Certification. Upon delivery to Custodian of the Mortgage Files, as specified in Section 3.1, Custodian shall review the same on account of the Depositors and the Trustee in accordance with the terms of Section 2.05(a) of the Transfer Agreement and Section 2.06(a) of the Pooling and Servicing Agreement and (subject to Section 4.1 hereof) shall provide to the Originators, the Depositors and the Trustee, as the case may be, with a copy to the Certificate Insurer, a receipt indicating that (i) all the documents in the Mortgage Files required to be delivered under Section 3.1 (being the documents described in Section 2.04 of the Transfer Agreement, and Section 2.04 of the Pooling and Servicing
Sample 1
Trust Receipt and Certification. (a)(i) Within two (2) Business Days following receipt of the Receivable Files, the Computer File and the Borrowing Request, the Custodian shall, with respect to the Receivables referenced in such Borrowing Request, execute and deliver to the Lender (with a copy to the related Borrower which shall be clearly marked as a copy and non-transferable) one or more certifications (each, a "Trust Receipt and Certification") in the form set forth in Exhibit A hereto.
Sample 1

Related to Trust Receipt and Certification

  • AS9100 Certification ‌ AS9100 Certification, specifies requirements for a quality management system to demonstrate the Contractor’s ability to consistently meet the customer requirements as well as statutory and regulatory requirements for the aerospace industry. An AS9100 Certification, is not mandatory; however, Contractors who desire to compete for work within the aerospace industry are encouraged to have AS9100 Certification, during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their AS9100 Certification, and provide the reasons for the change and copies of audits from an AS9100 Certification Body, as applicable. If only part of a Contractor’s organization is AS9100, certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.

  • CLEC Certification 8.1 Notwithstanding any other provision of this Agreement, CenturyLink shall have no obligation to perform under this Agreement until such time as CLEC has obtained such FCC and Commission authorization(s) as may be required by Applicable Law for conducting business in the State as a competitive local exchange carrier. CLEC shall not be permitted to establish its account nor place any orders under this Agreement until it has obtained such authorization and provided proof of such to CenturyLink. For the life of this Agreement, CLEC must represent and warrant to CenturyLink that it remains a certified local provider of Telephone Exchange Service within CenturyLink’s Local Calling Area(s) in the State. At any time during the life of this Agreement, CLEC will provide a copy of its current Certificate of Operating Authority or other evidence of its status to CenturyLink upon request. CLEC’s failure to maintain such authorization(s) as may be required by Applicable Law for conducting business in the State as a CLEC shall be considered a Default of Agreement.

  • Flood Certification Contract The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

  • Owner Certification During the term of this Contract, the Owner certifies that:

  • Contractor Certification The Department may, at its option, terminate the Contract if the Contractor is found to have submitted a false certification as provided under section 287.135(5), F.S., or been placed on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, or been engaged in business operations in Cuba or Syria, or to have been placed on the Scrutinized Companies that Boycott Israel List or is engaged in a boycott of Israel.

  • Class Certification Solely for the purposes of this Settlement, the Parties stipulate and agree to certification of the claims asserted on behalf of Class Members. As such, the Parties stipulate and agree that in order for this Settlement to occur, the Court must certify the Class as defined in this Agreement.

  • New Certifications If a participating Employer is newly certified by ONA at one of its owned nursing homes for its registered nurses, the existing standard non-monetary provisions in the central ONA/RN agreements will automatically apply to the nurses effective nine (9) months after the Employer receives notice to bargain from the Union or a Memorandum of Agreement or Interest Arbitration Award is received, whichever is earlier. These provisions include: Article 1 Article 2.03 Articles 2.05, 2.07-2.12 Articles 3-8 Articles 9.01(d) only, 9.03-9.13, 9.15, 9.16, 9.17 Article 10

  • Required Certification Contractor must include with any request for reimbursement from the JBE a certification that Contractor is not seeking reimbursement for costs incurred to assist, promote, or deter union organizing. If Contractor incurs costs or makes expenditures to assist, promote or deter union organizing, Contractor will maintain records sufficient to show that no reimbursement from the JBE was sought for these costs, and Contractor will provide those records to the Attorney General upon request.

  • Annual Certification The Contractor is required to submit an annual certification demonstrating compliance with the Warranty of Security to the Department by December 31 of each Contract year.

  • CHILD SUPPORT CERTIFICATION Under Section 231.006, Texas Family Code, the Engineer certifies that the individual or business entity named in this contract, bid, or application is not ineligible to receive the specified grant, loan, or payment and acknowledges that this contract may be terminated and payment may be withheld if this certification is inaccurate. If the above certification is shown to be false, the Engineer is liable to the state for attorney’s fees, the cost necessary to complete the contract, including the cost of advertising and awarding a second contract, and any other damages provided by law or the contract. A child support obligor or business entity ineligible to receive payments because of a payment delinquency of more than thirty (30) days remains ineligible until: all arrearages have been paid; the obligor is in compliance with a written repayment agreement or court order as to any existing delinquency; or the court of continuing jurisdiction over the child support order has granted the obligor an exemption from Subsection (a) of Section 231.006, Texas Family Code, as part of a court- supervised effort to improve earnings and child support payments.

Time is Money Join Law Insider Premium to draft better contracts faster.