Conveyance of Trust Fund Representations and Warranties Sample Clauses

Conveyance of Trust Fund Representations and Warranties. Section 2.01 Conveyance of Trust Fund.
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Conveyance of Trust Fund Representations and Warranties. Section 2.01. Conveyance of Trust Fund................................................................34 Section 2.02. Acceptance by Trustee of the Mortgage Loans.............................................37
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Conveyance of Trust Fund Representations and Warranties. Section 2.01 Conveyance of Trust Fund...................................................................77 Section 2.02 Acceptance of the Mortgage Loans...........................................................79 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Seller............81 Section 2.04 Representations and Warranties of the Depositor............................................86 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases............87 Section 2.06 Countersignature and Delivery of Certificates..............................................88
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Conveyance of Trust Fund Representations and Warranties. Section 2.01 Conveyance of Trust Fund.................................................................. Section 2.02 Acceptance of the Mortgage Loans.......................................................... Section 2.03 Representations, Warranties and Covenants of the Servicer and the Sponsor................. Section 2.04 Representations and Warranties of the Depositor........................................... Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases........... Section 2.06 Issuance of the REMIC I Regular Interests and the Class R Certificates.................... Section 2.07 Conveyance of the REMIC I Regular Interests; Issuance and Conveyance of the REMIC II Regular Interests......................................................................... Section 2.08 Issuance of Class R Certificates.......................................................... Section 2.09
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Conveyance of Trust Fund Representations and Warranties. Section 2.01 Conveyance of Trust Fund. Pursuant to the Mortgage Loan Purchase Agreement, the Seller sold, transferred, assigned, set over and otherwise conveyed to the Depositor, without recourse, all the right, title and interest of the Seller in and to the assets in the Trust Fund. The Seller has entered into this Agreement in consideration for the purchase of the Mortgage Loans by the Depositor pursuant to the Mortgage Loan Purchase Agreement and has agreed to take the actions specified herein. The Depositor, concurrently with the execution and delivery hereof, hereby sells, transfers, assigns, sets over and otherwise conveys to the Trustee for the use and benefit of the Certificateholders, without recourse, all the right, title and interest of the Depositor in and to the Trust Fund. In connection with such sale, the Depositor has delivered to, and deposited with, the Trustee or the Custodian, as its agent, the following documents or instruments with respect to each Mortgage Loan so assigned: (i) the original Mortgage Note, including any riders thereto, endorsed without recourse to the order of "Xxxxx Fargo Bank, National Association, as Trustee for certificateholders of Bear Xxxxxxx Asset Backed Securities I LLC Asset Backed Certificates, Series 2004-BO1," and showing an unbroken chain of endorsements from the original payee thereof to the Person endorsing it to the Trustee, (ii) the original Mortgage and, if the related Mortgage Loan is a MOM Loan, noting the presence of the MIN and language indicating that such Mortgage Loan is a MOM Loan, which shall have been recorded (or if the original is not available, a copy), with evidence of such recording indicated thereon (or if clause (x) in the proviso below applies, shall be in recordable form), (iii) unless the Mortgage Loan is a MOM Loan, the assignment (either an original or a copy, which may be in the form of a blanket assignment if permitted in the jurisdiction in which the Mortgaged Property is located) to the Trustee of the Mortgage with respect to each Mortgage Loan in the name of "Xxxxx Fargo Bank, National Association, as Trustee for certificateholders of Bear Xxxxxxx Asset Backed Securities I LLC Asset Backed Certificates, Series 2004-BO1," in recordable form) (iv) an original or a copy of all intervening assignments of the Mortgage, if any, with evidence of recording thereon, (v) the original policy of title insurance or mortgagee's certificate of title insurance or commitment or binder for t...
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Conveyance of Trust Fund Representations and Warranties. Section 2.01. Conveyance of Trust Fund.....................................28 Section 2.02. Acceptance of the Mortgage Loans and the BSSP Certificates...29 Section 2.03. Representations, Warranties and Covenants of the Master Servicers and the Seller...................................31 Section 2.04. Representations and Warranties of the Depositor..............40 Section 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases..............................41 Section 2.06. Countersignature and Delivery of Certificates................42 Section 2.07. Covenants of the Master Servicers............................42 ARTICLE III. Administration and Servicing of Mortgage Loans
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Conveyance of Trust Fund Representations and Warranties 
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Related to Conveyance of Trust Fund Representations and Warranties

  • CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance by the Trustee of the Mortgage Loans.............. Section 2.03

  • Representations and Warranties of Trustee The Trustee represents and warrants that:

  • Representations and Warranties of Owner Trustee The Owner Trustee hereby represents and warrants to the Depositor, for the benefit of the Certificateholders, that:

  • Depositor’s Representations and Warranties The Depositor represents and warrants to the Issuer as of the Closing Date, on which the Issuer is relying in purchasing the Sold Property and which will survive the sale and assignment of the Sold Property by the Depositor to the Issuer under this Agreement and the pledge of the Sold Property by the Issuer to the Indenture Trustee under the Indenture:

  • Additional Representations and Warranties of the Trustee (a) The Trustee shall be deemed to represent and warrant to the Company as of the Closing Date and on each date on which information is provided to the Company under Sections 12.01, 12.02(b) or 12.03 that, except as disclosed in writing to the Company prior to such date: (i) it is not aware and has not received notice that any default, early amortization or other performance triggering event has occurred as to any other Securitization Transaction due to any default of the Trustee; (ii) there are no aspects of its financial condition that could have a material adverse effect on the performance by it of its trustee obligations under this Agreement or any other Securitization Transaction as to which it is the trustee; (iii) there are no material legal or governmental proceedings pending (or known to be contemplated) against it that would be material to Certificateholders; (iv) there are no relationships or transactions (as described in Item 1119(b) of Regulation AB) relating to the Trustee with respect to the Company or any sponsor, issuing entity, servicer, trustee, originator, significant obligor, enhancement or support provider or other material transaction party (as each of such terms are used in Regulation AB) relating to the Securitization Transaction contemplated by the Agreement, as identified by the Company to the Trustee in writing as of the Closing Date (each, a "Transaction Party") that are outside the ordinary course of business or on terms other than would be obtained in an arm's length transaction with an unrelated third party, apart from the Securitization Transaction, and that are material to the investors' understanding of the Certificates; and (v) the Trustee is not an affiliate (as contemplated by Item 1119(a) of Regulation AB) of any Transaction Party. The Company shall notify the Trustee of any change in the identity of a Transaction Party after the Closing Date.

  • Servicer Representations and Warranties The Servicer represents and warrants, as of the date of this Agreement and, except as otherwise provided, throughout the term of this Agreement, that the statements set forth below in this Section 5.2 are true and accurate. Relative to the Servicer:

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