Common use of No Charge; Disposition of Void Certificates Clause in Contracts

No Charge; Disposition of Void Certificates. No service charge shall be made to a Certificateholder for any transfer or exchange of Certificates, but the Certificate Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates. All Certificates surrendered for transfer and exchange shall be disposed of in a manner approved by the Trustee.

Appears in 37 contracts

Samples: Pooling and Servicing Agreement (Cit Home Equity Loan Trust 2002-1), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Acceptance Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

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No Charge; Disposition of Void Certificates. No ------------------------------------------- service charge shall be made to a Certificateholder for any transfer or exchange of Certificates, but the Certificate Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates. All Certificates surrendered for transfer and exchange shall be disposed of in a manner approved by the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

No Charge; Disposition of Void Certificates. No service charge shall be made to a Certificateholder for any registration of transfer or exchange of Certificates, but the Trustee or the Certificate Registrar Registrar, if other than the Trustee, may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates. All cancelled Certificates surrendered for transfer and exchange held by the Trustee or the Certificate Registrar, if other than the Trustee, shall be disposed of in a manner approved destroyed by the Trustee.

Appears in 1 contract

Samples: Master Terms of Trust (Citicorp North America Inc)

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No Charge; Disposition of Void Certificates. No service charge shall be made to a Certificateholder for any transfer or exchange of Certificates, but the Certificate Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates. All Certificates surrendered for transfer and exchange shall be disposed of in a manner approved by the Trustee.or

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

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