Persons Deemed Note Owners. Prior to due presentment for registration of transfer of any Note, the Issuer[, the Securities Insurer], the Indenture Trustee and any agent of the Issuer[, the Securities Insurer] or the Indenture Trustee may treat the Person in the name of which any Note is registered (as of the day of determination) as the Note Owner for the purpose of receiving payments of principal of and interest, if any, on such Note and for all other purposes whatsoever, whether or not such Note be overdue, and none of the Issuer[, the Securities Insurer], the Indenture Trustee or any agent of the Issuer[, the Securities Insurer] or the Indenture Trustee shall be affected by notice to the contrary.
Appears in 5 contracts
Samples: Hsi Asset Securitization Corp, Indenture (Painewebber Mortgage Acceptance Corporation Iv), Bcap LLC
Persons Deemed Note Owners. Prior to due presentment for registration of transfer of any Note, the Issuer[, the Securities Insurer], the Indenture Trustee and any agent of the Issuer[, the Securities Insurer] Insurer or the Indenture Trustee may treat the Person in the name of which any Note is registered (as of the day of determination) as the Note Owner for the purpose of receiving payments of principal of and interest, if any, on such Note and for all other purposes whatsoever, whether or not such Note be overdue, and none of the Issuer[, the Securities Insurer], the Indenture Trustee or any agent of the Issuer[, the Securities Insurer] Insurer or the Indenture Trustee shall be affected by notice to the contrary.
Appears in 4 contracts
Samples: Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2), Indenture (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1), Empire Funding Home Loan Owner Trust 1998 3
