Execution, Authentication and Delivery of the Certificate. Concurrently with the sale of the Mortgage Loans to the Trust pursuant to the Transfer and Servicing Agreement, the Trust shall cause the Certificate issued hereunder to be executed and authenticated and delivered to or upon the written order of the Depositor, signed by its president or any vice president, without further corporate action by the Depositor. The Certificate shall not entitle the Certificateholder to any benefit under this Agreement nor shall it be valid for any purpose unless there shall appear on such Certificate a certificate of authentication substantially in the form set forth as Exhibit A hereto (as applicable), executed by the Securities Administrator, by manual signature. Such authentication shall constitute conclusive evidence that the Certificate shall have been duly authenticated and delivered hereunder. A Certificate shall be dated the date of its authentication.
Appears in 5 contracts
Samples: Owner Trust Agreement (FBR Securitization Trust 2005-3), Owner Trust Agreement (FBR Securitization Trust 2005-4), Owner Trust Agreement (FBR Securitization, Inc.)