Examples of CRMSI in a sentence
CRMSI initially appoints the Certificate Registrar designated in Article XII as its office for purposes of receipt of notices and demands.
CRMSI shall maintain or cause to be maintained at its expense an office or offices or agency or agencies where the Certificates may be surrendered for registration of transfer or exchange and where notices and demands to or upon CRMSI in respect of the Certificates and this Agreement may be served.
It is understood and agreed that the obligation of CRMSI to repurchase any Mortgage Loan or make a substitution therefor pursuant to Section 2.04 as to which a material defect in a constituent document exists shall constitute the sole remedy against CRMSI with respect to such defect available to the Certificateholders or the Trustee on behalf of the Certificateholders.
CRMSI shall not transfer any additional property to the Trust Fund except as expressly permitted by this Agreement.
The Trustee shall not be accountable for the use or application by CRMSI of any of the Certificates or of the proceeds of such Certificates or for the use or application of any funds paid to the Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Collection Account or Escrow Account.
CRMSI, the Servicer and the Trustee wish to set forth the terms and conditions pursuant to which CRMSI will sell to the Trust Fund the Mortgage Loans listed on Exhibit B hereto.
The recitals contained herein and in the Certificates (other than the certificate of authentication on the Certificates) shall be taken as the statements of CRMSI and the Trustee assumes no responsibility for the correctness of the same.
CRMSI shall furnish or cause to be furnished annually to the holders of the related Certificates information regarding their allocable share of the income with respect to such grantor trust and shall file or cause to be filed with the Internal Revenue Service Form 1041 (together with any necessary attachments) or such other applicable form.
In the regular course of their business, certain affiliates of CRMSI originate and acquire Mortgage Loans.
The Certificates shall be issued in the denominations specified in Article XII and shall be executed by manual or facsimile signature on behalf of CRMSI by its Chairman, President, a Senior Vice President, Treasurer or one of its Vice Presidents or Assistant Vice Presidents.