Common use of Purpose of Certificate Clause in Contracts

Purpose of Certificate. This Certificate is delivered to Lender and Xxxxxx Mae, in order to induce (a) Lender to enter into the Agreement and to establish the Credit Facility in favor of Borrower; and (b) Xxxxxx Xxx to agree to issue mortgage-backed securities which are secured by an interest in the Notes and the Collateral Pool securing the Notes.

Purpose of Certificate. This Certificate is delivered to Lender and Xxxxxx Mae, in order to induce (a) Lender to enter into the Agreement and to establish maintain and modify the Credit Facility in favor of Borrower; and (b) Xxxxxx Xxx to agree to issue mortgage-backed securities which are secured by an interest in the Notes and the Collateral Pool securing the Notes.

Purpose of Certificate. This Certificate is delivered to Lender and Xxxxxx Mae, in order to induce (a) Lender to enter into the Master Agreement and to establish make the Credit Facility in favor of Advances to Borrower; and (b) Xxxxxx Xxx to agree to issue mortgage-backed securities which are secured by an interest in the Notes and the Collateral Pool securing purchase the Notes.

Purpose of Certificate. This Certificate is delivered to Lender and Xxxxxx MaeXxx, in order to induce (a) Lender to enter into the Master Agreement and to establish make the Credit Facility in favor of Advances to Borrower; and (b) Xxxxxx Xxx Mae to agree to issue mortgage-backed securities which are secured by an interest in the Notes and the Collateral Pool securing purchase the Notes.