Duly and Validly Issued. Each Underlying Entity Certificate has been duly and validly issued in the name of Administrative Agent.
Duly and Validly Issued. All of the shares of the REO Subsidiary Interests have been duly and validly issued and, if capital stock of a corporation, are fully paid and nonassessable.
Duly and Validly Issued. The Certificate has been duly and validly issued in the name of Administrative Agent.
Duly and Validly Issued. All of the shares of the Purchased Certificates have been duly and validly issued.
Duly and Validly Issued. Each of the REO Subsidiary Interests has been duly and validly issued and is fully paid and nonassessable.
Duly and Validly Issued. All of the shares of the Trust Interests have been duly and validly issued.
Duly and Validly Issued. All of the shares of the Mezzanine Loan Subsidiary Interests have been duly and validly issued and, if capital stock of a corporation, are fully paid and nonassessable;
Duly and Validly Issued. All of the shares of the Trust Subsidiary Interests have been duly and validly issued and, if Capital Stock of a trust, are fully paid and nonassessable.
Duly and Validly Issued. The REO Subsidiary Certificates have been duly and validly issued in the name of Agent for the benefit of Buyers.
Duly and Validly Issued. The Trust Certificate and all Trust Interests represented thereby has been duly and validly issued.
