Common use of MASTER SERVICER'S CERTIFICATE Clause in Contracts

MASTER SERVICER'S CERTIFICATE. SECTION 4.01. Master Servicer's Certificate. Each month, not later than 12:00 noon Eastern time on the Business Day following each Determination Date, the Master Servicer shall deliver to the Trustee, a Master Servicer's Certificate (in substance and format mutually acceptable to the Master Servicer and the Trustee) certified by a Servicing Officer. The Trustee may conclusively rely upon the information contained in a Master Servicer's Certificate for all purposes hereunder and shall have no duty to verify or re-compute any of the information contained therein. Such statement shall be provided by the Trustee to any Holder of a Certificate upon request and shall also, to the extent available, include information regarding delinquencies on Mortgage Loans, indicating the number and aggregate principal amount of Mortgage Loans which are either one, two, three or more than three months delinquent and the book value of any REO Property.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)

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MASTER SERVICER'S CERTIFICATE. SECTION 4.01. Master Servicer's Certificate. Each month, not later than 12:00 noon Eastern time on the Business Day following each Determination Date, the Master Servicer shall deliver to the Trustee, a Master Servicer's Certificate (in substance and format mutually acceptable to the Master Servicer and the Trustee) certified by a Servicing Officer. The Trustee may conclusively rely upon the information contained in a Master Servicer's Certificate for all purposes hereunder and shall have no duty to verify or re-compute any of the information contained therein. Such statement shall be provided by the Trustee to any Holder of a Certificate upon request and shall also, to the extent available, include information regarding delinquencies on Mortgage Loans, indicating the number and aggregate principal amount of Mortgage Loans which are either one, two, three or more than three months delinquent and the book value of any REO Property.. 51 58

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)

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