ISSUANCE AND SALE OF CERTIFICATES. Section 4.01.
ISSUANCE AND SALE OF CERTIFICATES. 20 Section 4.01. Issuance of Certificates.............................................................. 20 Section 4.02. Sale of Certificates.................................................................. 20
ISSUANCE AND SALE OF CERTIFICATES. 46 4.1. Issuance of Certificates.......................................................................46 4.2.
ISSUANCE AND SALE OF CERTIFICATES. 90 Section 4.01. Issuance of Certificates. 90 Section 4.02. Sale of Certificates. 90
ISSUANCE AND SALE OF CERTIFICATES. The Depositor has authorized the issuance and sale of $[ ] Class [ ] [ ]% Agency Security Pass-Through Certificates (the “Class [ ] Certificates”), $[ ] Class [ ] [ ]% Agency Security Pass-Through Certificates (the “Class [ ] Certificates”), and $[ ] Class [ ] [ ]% Agency Security Pass-Through Certificates (the “Class [ ] Certificates” and, together with the Class [ ] Certificates and the Class [ ] Certificates, the “Offered Certificates”), and $[ ] Class [ ] [ ]% Agency Security Pass-Through Certificates (the “Class [ ] Certificates” and, together with the Offered Certificates, the “Certificates”). The Certificates are to be issued by GNMAG Asset Backed Securitization Trust Series [ ] (the “Trust”) pursuant to a Trust Agreement, to be dated as of [ ] (the “Trust Agreement”), between the Depositor and [ ] (“[ ]”), a [ ], as trustee (the “Trustee”). The assets of the Trust will include a pool of “fully modified pass-through” mortgage-backed certificates issued and serviced by Xxxxxx Xxx-approved issuers of Xxxxxx Xxx certificates (the “Agency Securities”) under the Xxxxxx Xxx I and/or the Xxxxxx Xxx XX program and certain monies due thereunder after [ ] (the “Cutoff Date”). [The Trust will provide for the review of the Agency Securities for compliance with the representations and warranties made about them in certain circumstances under an asset representations review agreement (the “Asset Representations Review Agreement”) to be entered into by the Trust, the Sponsor, and [ ], as asset representations reviewer (the “Asset Representations Reviewer”).]
ISSUANCE AND SALE OF CERTIFICATES. 52 4.1. Issuance of Certificates..........................................52 4.2. Sale of Certificates..............................................52 ARTICLE V
ISSUANCE AND SALE OF CERTIFICATES. Section 4.01. Section 4.02. Issuance of Certificates Sale of Certificates 69 69 ARTICLE V CERTIFICATES AND TRANSFER OF INTERESTS Section 5.01. Section 5.02. Section 5.03. Section 5.04. Section 5.05. Section 5.06. Section 5.07. Section 5.08. Section 5.09. Terms Forms Execution, Authentication and Delivery Registration and Transfer of Certificates Mutilated, Destroyed, Lost or Stolen Certificates Persons Deemed Owners Cancellation Limitation on Transfer of Ownership Rights Assignment of Rights 70 70 70 71 73 74 74 74 76
ISSUANCE AND SALE OF CERTIFICATES. 70 Section 4.01 Issuance of Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 Section 4.02 Sale of Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70
ISSUANCE AND SALE OF CERTIFICATES. 69 Section 4.01 Issuance of Certificates..............................................................69 Section 4.02 Sale of Certificates..................................................................69 ARTICLE V CERTIFICATES AND TRANSFER OF INTERESTS..................................................................70 Section 5.01 Terms.................................................................................70 Section 5.02 Forms.................................................................................70 Page Section 5.03 Execution, Authentication and Delivery................................................70 Section 5.04 Registration and Transfer of Certificates.............................................71 Section 5.05 Mutilated, Destroyed, Lost or Stolen Certificates.....................................72 Section 5.06 Persons Deemed Owners.................................................................73 Section 5.07 Cancellation..........................................................................73 Section 5.08 Limitation on Transfer of Ownership Rights............................................73 Section 5.09 Assignment of Rights..................................................................74
ISSUANCE AND SALE OF CERTIFICATES. Issuance of Certificates. ------------------------- On the Startup Day, upon the Trustee's receipt from the Depositor of an executed Delivery Order in the form set forth as Exhibit G hereto, the Trustee shall execute, authenticate and deliver the Certificates on behalf of the Trust.
