Common use of Deposit of Uncertificated REMIC Interests Clause in Contracts

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form and transferred through the efforts of the Underwriter to the trustee under the Trust Agreement to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Administrator, respectively.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (CSMC Trust 2007-4), Pooling and Servicing Agreement (CSMC Trust 2007-4), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-7)

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Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form to the Underwriter pursuant to the Underwriting Agreement and transferred through the efforts of by the Underwriter to the trustee under the Trust Agreement Exchange Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Exchange Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Exchange Trustee and the Trust Securities Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Securities Administrator, respectively.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2007-S1), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A7), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-S4)

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form to the Underwriter pursuant to Section 4 of the Underwriting Agreement and transferred through the efforts of by the Underwriter on the Closing Date to the trustee under the Trust Agreement Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Administrator, respectively.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (STARM Mortgage Loan Trust 2007-3), Pooling and Servicing Agreement (Starm Mortgage Loan Trust 2007-2), Pooling and Servicing Agreement (STARM Mortgage Loan Trust 2007-S1)

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form and transferred through the efforts of the Underwriter to the trustee under the Trust Agreement to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Administrator, respectively.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3)

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form and transferred through the efforts of the Underwriter to the trustee under the Trust Agreement Exchange Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Exchange Trustee, and Xxxxx Fargo Bank, N.A., as Trust Securities Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Exchange Trustee and the Trust Securities Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Securities Administrator, respectively.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (J P Morgan Acceptance Corp I), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2007-S2), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2007-S3)

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Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form to the Underwriter pursuant to Section 4 of the Underwriting Agreement and transferred through the efforts of by the Underwriter on the Closing Date to the trustee under the Trust Agreement Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity capacities as Trustee and Trust Administrator, respectively.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-1), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-1)

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form to the Underwriter pursuant to the Underwriting Agreement and transferred through the efforts of by the Underwriter to the trustee under the Trust Agreement Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Administrator, respectively.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2006-9), Pooling and Servicing Agreement (CSMC 2006-8)

Deposit of Uncertificated REMIC Interests. The Uncertificated REMIC Interests shall be issued in uncertificated form to the Underwriter pursuant to the Underwriting Agreement and transferred through the efforts of by the Underwriter to the trustee under the Trust Agreement Exchange Trustee to be held in trust pursuant to terms of the Trust Agreement. U.S. Bank National Association, as Exchange Trustee, and Xxxxx Fargo Bank, N.A., as Trust Administrator, are hereby directed and authorized to enter into the Trust Agreement. In entering into the Trust Agreement and performing its obligations thereunder, each of the Exchange Trustee and the Trust Administrator shall be entitled to the same rights, protections and indemnities afforded to them under this Agreement in their capacity as Trustee and Trust Administrator, respectively.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2006-7), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2006-7)

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