Common use of Execution and Authentication of Certificates Clause in Contracts

Execution and Authentication of Certificates. The Trustee shall on behalf of the Trust, not in its individual capacity but solely as Trustee, cause to be executed, and delivered on the Closing Date to or upon the order of the Depositor, in exchange for the Mortgage Loans and the other assets comprising the Trust, simultaneously with the sale, assignment and transfer to the Trustee of the Mortgage Loans, each Class of Certificates duly executed by the Trustee, and authenticated by the Trustee, pursuant to Section 6.01, in authorized denominations, equaling, 100% of the Percentage Interests in each Class, and collectively evidencing the entire ownership of the Trust.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Capital Corp Mort Pass THR Certs Ser 2001 3), Pooling and Servicing Agreement (Aames Capital Corp Mort Pass THR Certs Ser 2001 3)

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Execution and Authentication of Certificates. The Trustee shall on behalf of the Trust, not in its individual capacity but solely as Trustee, cause to be executed, and delivered on the Closing Date to or upon the order of the DepositorSeller, in exchange for the Mortgage Loans and the other assets comprising the Trust, simultaneously with the sale, assignment and transfer to the Trustee of the Mortgage Loans, each Class of Certificates duly executed by the Trustee, and authenticated by the Trustee, pursuant to Section 6.01, in authorized denominations, equaling, 100% of the Percentage Interests in each Class, and collectively evidencing the entire ownership of the Trust.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Mortgage Trust 2000-2)

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