Common use of Persons Deemed Owners of the Residual Certificates Clause in Contracts

Persons Deemed Owners of the Residual Certificates. Prior to due presentation of a Residual Certificate for registration of transfer, Xxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of Xxxxxx Mae or the Trustee may treat the Person in whose name the Residual Certificate is registered as the owner of the Residual Certificate for the purpose of receiving distributions, if any, pursuant hereto and for all other purposes whatsoever, and neither Xxxxxx Xxx nor the Trustee, the Certificate Registrar or any agent of Xxxxxx Mae or the Trustee shall be affected by notice to the contrary.

Appears in 77 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Persons Deemed Owners of the Residual Certificates. Prior to due presentation of a Residual Certificate for registration of transfer, Xxxxxx XxxMae, the Trustee, the Certificate Registrar and any agent of Xxxxxx Mae Xxx or the Trustee may treat the Person in whose name the Residual Certificate is registered as the owner of the Residual Certificate for the purpose of receiving distributions, if any, pursuant hereto and for all other purposes whatsoever, and neither Xxxxxx Xxx Mae nor the Trustee, the Certificate Registrar or any agent of Xxxxxx Mae Xxx or the Trustee shall be affected by notice to the contrary.

Appears in 74 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Persons Deemed Owners of the Residual Certificates. Prior to due presentation of a Residual Certificate for registration of transfer, Xxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of Xxxxxx Mae or the Trustee may treat the Person in whose name the Residual Certificate is registered as the owner of the Residual Certificate for the purpose of receiving distributions, if any, pursuant hereto and for all other purposes whatsoever, and neither none of Xxxxxx Xxx nor Xxx, the Trustee, the Certificate Registrar or any agent of Xxxxxx Mae or the Trustee shall be affected by notice to the contrary.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Persons Deemed Owners of the Residual Certificates. Prior to due presentation of a Residual Certificate for registration of transfer, Xxxxxx XxxMae, the Trustee, the Certificate Registrar and any agent of Xxxxxx Mae Xxx or the Trustee may treat the Person in whose name the Residual Certificate is registered as the owner of the Residual Certificate for the purpose of receiving distributions, if any, pursuant hereto and for all other purposes whatsoever, and neither none of Xxxxxx Xxx nor Mae, the Trustee, the Certificate Registrar or any agent of Xxxxxx Mae Xxx or the Trustee shall be affected by notice to the contrary.

Appears in 1 contract

Samples: Trust Agreement

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