Common use of Recording of Assignments Clause in Contracts

Recording of Assignments. The Issuer shall use reasonable best efforts to record substantially all Assignments and Trust Mortgages within 21 days of the Closing Date and in any event all Assignments and Trust Mortgages shall be duly recorded not later than 90 days after the date of the Grant of the related Account.

Recording of Assignments. The Issuer shall use reasonable best efforts to record substantially all Assignments and Trust Mortgages within 21 days of the Closing Date and in any event all Assignments and Trust Mortgages shall be duly recorded not later than 90 days after the date of the Grant of the related AccountAccount unless the recordation of an Assignment or Trust Mortgage is not required by either Rating Agency in order to obtain the initial ratings on the Notes on the Closing Date.

Recording of Assignments. The Issuer shall use reasonable best efforts to record substantially all Assignments and Trust Mortgages within 21 days of the Closing Date and in any event all Assignments and Trust Mortgages shall be duly recorded not later than 90 days after the date of the Grant of the related AccountMortgage Asset unless the recordation of an Assignment or Trust Mortgage is not required by either Rating Agency in order to obtain the initial ratings on the Notes on the Closing Date.