DECLARATION OF TRUST; ORIGINAL ISSUANCE OF CERTIFICATES Sample Clauses

DECLARATION OF TRUST; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.1 Creation and Declaration of Trust; Conveyance of the Trust Loan 54 Section 2.2 Acceptance by the Trustee and the Certificate Administrator 57 Section 2.3 Representations and Warranties of the Trustee 58 Section 2.4 Representations and Warranties of the Servicer 59 Section 2.5 Representations and Warranties of the Special Servicer 60 Section 2.6 Representations and Warranties of the Depositor 62 Section 2.7 Representations and Warranties of the Certificate Administrator 63 Section 2.8 Representations and Warranties Contained in the Loan Purchase Agreement 64 Section 2.9 Execution and Delivery of Certificates; Issuance of Uncertificated Lower-Tier Interests 67 Section 2.10 Miscellaneous REMIC Provisions 67 Section 3.1 Servicer to Act as the Servicer; Special Servicer to Act as the Special Servicer 68 Section 3.2 Sub-Servicing Agreements 69 Section 3.3 Cash Management Account 71 Section 3.4 Collection Account 71 Section 3.5 Distribution Account 76 Section 3.6 Foreclosed Property Account 77 Section 3.7 Appraisal Reductions 77 Section 3.8 Investment of Funds in the Collection Account and Any Foreclosed Property Account 80 Section 3.9 Payment of Taxes, Assessments, etc 82 Section 3.10 Appointment of Special Servicer 82 Section 3.11 Maintenance of Insurance and Errors and Omissions and Fidelity Coverage 87 Section 3.12 Procedures with Respect to the Trust Loan; Realization upon the Property 89 Section 3.13 Certificate Administrator to Cooperate; Release of Items in the Mortgage File 91 Section 3.14 Title and Management of Foreclosed Property 91 Section 3.15 Sale of Foreclosed Property 94 Section 3.16 Sale of the Whole Loan and the Trust Loan 95 Section 3.17 Servicing Compensation 98 Section 3.18 Reports to the Certificate Administrator; Account Statements 100 Section 3.19 Reserved 101 Section 3.20 Reserved 101 Section 3.21 Access to Certain Documentation Regarding the Whole Loan and Other Information 101 Section 3.22 Inspections 102 Section 3.23 Advances 102 Section 3.24 Modifications of Loan Documents 105 Section 3.25 Servicer and Special Servicer May Own Certificates 108 Section 3.26 Rating Agency Confirmations 108 Section 3.27 Miscellaneous Provisions 109 Section 3.28 Companion Loan Intercreditor Matters 110
DECLARATION OF TRUST; ORIGINAL ISSUANCE OF CERTIFICATES 

Related to DECLARATION OF TRUST; ORIGINAL ISSUANCE OF CERTIFICATES

  • Discontinuance of Issuance of Certificates The Trustees may at any time discontinue the issuance of share certificates and may, by written notice to each shareholder, require the surrender of share certificates to the Trust for cancellation. Such surrender and cancellation shall not affect the ownership of shares in the Trust.