Common use of General Authority Clause in Contracts

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 15 contracts

Samples: Trust Agreement (Homebanc Corp), Trust Agreement (Homebanc Corp), Trust Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2)

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General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, the Sale and Servicing Agreement and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 9 contracts

Samples: Trust Agreement (Saxon Asset Securities Trust 2005-1), Trust Agreement (Sast 2006-3), Trust Agreement (Saxon Asset Securities Co)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements to which the Trust is to be a party and party, each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, all as approved by the Depositor, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Trust Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 7 contracts

Samples: Trust Agreement (CWHEQ, Inc.), Trust Agreement (Indymac MBS Inc), Trust Agreement (CWMBS Inc)

General Authority. The Owner Trustee is authorized and directed to execute and deliver on behalf of the Notes, Trust the Ownership Certificate, and the other Operative Agreements Basic Documents to which the Trust is to be named as a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is to be named as a party and any amendment or other agreement or instrument described hereinthereto, in each case, in such form as the Depositor shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and, and on behalf of the Trust, to direct the Owner Trustee Administrator to authenticate and deliver the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents. The Owner Trustee is further authorized from time to time to take such action as the Certificate Majority recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.

Appears in 6 contracts

Samples: Trust Agreement (HSBC Automotive Trust 2005-3), Trust Agreement (HSBC Automotive Trust (USA) 2006-1), Trust Agreement (HSBC Automotive Trust 2005-1)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements to which the Trust is to be a party and party, each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, all as approved by the Depositor, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Securities Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 6 contracts

Samples: Owner Trust Agreement (FBR Securitization Trust 2005-1), Owner Trust Agreement (FBR Securitization Trust 2005-3), Owner Trust Agreement (FBR Securitization, Inc.)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements Transaction Documents to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents.

Appears in 4 contracts

Samples: Trust Agreement (Indymac MBS Inc), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H2)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Transaction Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party party, and any amendment or other agreement or instrument described hereinsupplement thereto, and, in each case, in such form as the Depositor shall approve, as evidenced conclusively by the presentation of such documents for execution to the Owner Trustee’s execution thereof, and, Trustee by or on behalf of the Trust, to direct the Owner Trustee to authenticate the NotesDepositor or its counsel. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents. The Owner Trustee is further authorized from time to time to take such action as the Administrator recommends with respect to the Transaction Documents.

Appears in 4 contracts

Samples: Trust Agreement (World Omni Automobile Lease Securitization Trust 2012-A), Trust Agreement (World Omni Auto Leasing LLC), Trust Agreement (World Omni Automobile Lease Securitization Trust 2011-A)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements Agreements, including each Yield Maintenance Agreement, to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Securities Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 3 contracts

Samples: Trust Agreement (Thornburg Mortgage Securities Corp), Trust Agreement (Thornburg Mortgage Securities Trust 2007-1), Trust Agreement (Thornburg Mortgage Securities Trust 2007-2)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateResidual Certificates, and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 3 contracts

Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corp)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsDocuments.

Appears in 3 contracts

Samples: Trust Agreement (Aegis Asset Backed Securities Trust 2005-2), Trust Agreement (Aegis Asset Backed Securities Corp), Trust Agreement (Aegis Asset Backed Securities Trust 2005-3)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateResidual Certificates, and the other Operative Agreements to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2005-He3), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateTrust Certificates, the Servicing Agreements and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Trust Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4), Trust Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateResidual Certificates, and the other Operative Agreements to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Trust Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Trust Agreement (Greenpoint Mortgage Funding Trust 2006-He1)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Agreements, including each Swap Agreement, to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Trust Agreement (Homebanc Corp), Trust Agreement (HomeBanc Mortgage Trust 2005-5)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Agreements, including each Cap Agreement, to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Trust Agreement (Homebanc Corp), Trust Agreement (HomeBanc Mortgage Trust 2006-2)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements to which the Trust is to be a party and party, each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, all as approved by the Depositor, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Securities Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 2 contracts

Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (First NLC Securitization, Inc.)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Basic Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is to be a party and any amendment or other agreement or instrument described hereinparty, in each case in such form as Depositor shall approve as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate and deliver Notes in the Notesaggregate principal amount specified in a letter of instruction from Depositor to Trustee. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents. Trustee is further authorized from time to time to take such action as Manager recommends with respect to the Basic Documents.

Appears in 2 contracts

Samples: Trust Agreement (Provident Lease Receivables Corp), Trust Agreement (Provident Lease Receivables Corp)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements Transaction Documents to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents.

Appears in 1 contract

Samples: Trust Agreement (Indymac MBS Inc)

General Authority. The Owner Trustee is authorized authorized, empowered and directed to execute and deliver deliver, on behalf of the NotesTrust, each of the Ownership Certificate, and the other Operative Agreements Basic Documents to which the Trust is, or is to be be, a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is, or is to be be, a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee Trustee, in the name and on behalf of the Trust, shall have the power and authority, and hereby is authorizedauthorized and empowered, but shall not be obligated, except as otherwise provided in this Trust Agreement, to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents.

Appears in 1 contract

Samples: Trust Agreement (Novastar Mortgage Funding Corp)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, Residual Certificates and the other Operative Agreements to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2005-He1)

General Authority. The Subject to the provisions and limitations of Sections 2.03 and 2.06, the Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Transaction Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein(in each case, in such form as approved by the Trust Depositor), as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents. The Owner Trustee is further authorized from time to time to take such action as the Administrator recommends with respect to the Transaction Documents.

Appears in 1 contract

Samples: Trust Agreement (Newcourt Receivables Corp Ii)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements to Basic Documents which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is to be a party and any amendment or other agreement or instrument described hereinparty, in each case, in such form as the Depositor shall approve, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, and on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate and deliver any Class of Notes of any Series in an aggregate principal amount specified by the NotesDepositor. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents. The Owner Trustee is further authorized from time to time to take such action as the Trust Administrator recommends with respect to the Basic Documents.

Appears in 1 contract

Samples: Master Trust Agreement (A I Receivables Transfer Corp)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Related Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Related Documents to which the Trust is to be a party and any amendment or other agreement or instrument described hereinthereto, as evidenced conclusively by the Owner Trustee’s execution thereof, and, and on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate and deliver the NotesClass A Notes in the aggregate principal amount of $536,957,000, and the Class M Notes in the aggregate principal amount of $38,043,000. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsRelated Documents. The Owner Trustee is further authorized, on behalf of the Trust, to enter into the Administration Agreement, to appoint a successor Administrator.

Appears in 1 contract

Samples: Trust Agreement (Conseco Finance Securitizations Corp)

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General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, Residual Certificates and the other Operative Agreements to which the Trust it is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2005-He4)

General Authority. The Owner Trustee is authorized authorized, empowered and directed to execute and deliver deliver, on behalf of the NotesTrust, each of the Ownership Certificate, and the other Operative Agreements Transaction Documents to which the Trust is or is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is or is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee Trustee, in the name and on behalf of the Trust, shall have the power and authority, and hereby is authorizedauthorized and empowered, but shall not be obligated, except as otherwise provided in this Trust Agreement, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsDocuments.

Appears in 1 contract

Samples: Trust Agreement (Aegis 2006-1)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Transaction Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party and and, at the written direction of the Beneficial Owner, any amendment or other agreement or instrument described hereincontemplated by this Agreement or any Series Supplement, in each case, in such form as the Beneficial Owner shall approve, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents.

Appears in 1 contract

Samples: Trust Agreement (AIP Alternative Lending Fund A)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Basic Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is to be a party and any amendment party, in each case in such form as the Basic Documents shall require or other agreement or instrument described herein, the Seller shall approve as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct execute and deliver the Notes in the aggregate principal amount specified in a letter of instruction from the Seller to the Owner Trustee to authenticate the NotesTrustee. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents.

Appears in 1 contract

Samples: Trust Agreement (Textron Financial Corp)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateTrust Certificates, the Servicing Agreements and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Trust Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Greenwich Capital Acceptance, Inc New York Mortgage Trust 2005-1)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements Agreements, including each Yield Maintenance Agreement, to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Securities Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Mortgage Investments Ii Inc)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateResidual Interest Certificates, and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Indenture Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateTrust Certificates, the Servicing Agreement and the other Operative Agreements to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Trust Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (New York Mortgage Trust 2005-2)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership CertificateCertificates, and the other Operative Agreements to which the Trust is to be a party and party, each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, all as approved by the Depositor, as evidenced conclusively by the Owner Trustee’s execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Trust Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Owner Trust Agreement (FBR Securitization, Inc.)

General Authority. The Owner Trustee is authorized and ------------------ directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements Basic Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Basic Documents to which the Trust is to be a party party, as well as any certificate that supports the factual assumptions made in any Opinion of Counsel delivered on the Closing Date, and any amendment or other agreement or instrument described herein, in each case, in such form as the Owner Trustee shall approve, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, obligated to take all actions required of the Trust pursuant to the Operative AgreementsBasic Documents.

Appears in 1 contract

Samples: Trust Agreement (Wachovia Asset Securitization Inc)

General Authority. The Subject to the provisions and limitations of Sections 2.03 and 2.06, the Owner Trustee is authorized and directed to execute and deliver on behalf of the Notes, Trust the Ownership Certificate, and the other Operative Agreements Transaction Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements Transaction Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein(in each case, in such form as approved by the Trust Depositor), as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative AgreementsTransaction Documents. The Owner Trustee is further authorized from time to time to take such action as the Administrator directs or recommends with respect to the Transaction Documents.

Appears in 1 contract

Samples: Trust Agreement (Newcourt Receivables Corp Ii)

General Authority. The Owner Trustee is authorized and directed to execute and deliver or cause to be executed and delivered the Notes, the Ownership Certificate, Trust Certificates and the other Operative Agreements each Basic Document to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements each Basic Document to which the Trust is to be a party and any amendment or other agreement or instrument described hereinin Article II or III, in each case, in such form as the Depositor shall approve, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the . The Owner Trustee shall authenticate and deliver, or cause to authenticate be authenticated and delivered, the NotesTrust Certificates. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust Trust, pursuant to the Operative AgreementsBasic Documents.

Appears in 1 contract

Samples: Trust Agreement (American Business Financial Services Inc /De/)

General Authority. The Owner Trustee is authorized and directed to execute and deliver the Notes, the Ownership Certificate, and the other Operative Agreements to which the Trust is to be a party and party, each certificate or other document attached as an exhibit to or contemplated by the Operative Agreements to which the Trust is to be a party and any amendment or other agreement or instrument described herein, all as approved by the Depositor, as evidenced conclusively by the Owner Trustee’s 's execution thereof, and, on behalf of the Trust, to direct the Owner Trustee Securities Administrator to authenticate the Notes. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, to take all actions required of the Trust pursuant to the Operative Agreements.

Appears in 1 contract

Samples: Owner Trust Agreement (Lares Asset Securitization, Inc.)

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