Common use of Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar Clause in Contracts

Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar. (a) The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Investor Certificates and of transfers and exchanges of Investor Certificates as herein provided. The Trustee shall initially serve as Certificate Registrar for the purpose of registering Investor Certificates and transfers and exchanges of Investor Certificates as herein provided. Upon surrender for registration of transfer of any Investor Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing paragraph, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Investor Certificates of the same aggregate Percentage Interest. At the option of the Investor Certificateholders, Investor Certificates may be exchanged for other Investor Certificates in authorized denominations and the same aggregate Percentage Interests, upon surrender of the Investor Certificates to be exchanged at any such office or agency. Whenever any Investor Certificates are so surrendered for exchange, the Trustee shall execute and authenticate and deliver the Investor Certificates which the Investor Certificateholder making the exchange is entitled to receive. Every Investor Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Cwabs Inc), Greenpoint Mortgage Securities (Greenpoint Mortgage Securities Inc/), Pooling and Servicing Agreement (Cwabs Inc)

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Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar. (a) The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Investor Certificates and the Transferor Interest and of transfers and exchanges of Investor Certificates and the Transferor Interest as herein provided. The Trustee shall initially serve as Certificate Registrar for the purpose of registering Investor Certificates and the Transferor Interest and transfers and exchanges of Investor Certificates and the Transferor Interest as herein provided. Upon surrender for registration of transfer of any Investor Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing 52 57 paragraph, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Investor Certificates of the same aggregate Percentage Interest. Upon direction by the Transferor to the Trustee and the Certificate Registrar, the Trustee shall issue the Transferor Interest in a certificated form substantially in a form as set forth in Exhibit B. Upon notification by the Transferor to the Certificate Registrar of a transfer of the Transferor Interest and subject to Section 6.05, the Trustee on behalf of the Trust shall note on the Certificate Register the transfer of the Transferor Interest. At the option of the Investor Certificateholders, Investor Certificates may be exchanged for other Investor Certificates in authorized denominations and the same aggregate Percentage Interests, upon surrender of the Investor Certificates to be exchanged at any such office or agency. Whenever any Investor Certificates are so surrendered for exchange, the Trustee shall execute and authenticate and deliver the Investor Certificates which the Investor Certificateholder making the exchange is entitled to receive. Every Investor Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc One Abs Corp)

Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar. (a) The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Investor Certificates and of transfers and exchanges of Investor Certificates as herein provided. The Trustee shall initially serve as Certificate Registrar for the purpose of registering Investor Certificates and transfers and exchanges of Investor Certificates as herein provided. Upon surrender for registration of transfer of any Investor Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing paragraph, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Investor Certificates of the same Class of the same aggregate Percentage InterestInterest of such Class. At the option of the Investor Certificateholders, Investor Certificates in a Class may be exchanged for other Investor Certificates in such Class in authorized denominations and the same aggregate Percentage InterestsInterests of such Class, upon surrender of the Investor Certificates to be exchanged at any such office or agency. Whenever any Investor Certificates are so surrendered for exchange, the Trustee shall execute and authenticate and deliver the Investor Certificates which the Investor Certificateholder making the exchange is entitled to receive. Every Investor Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Abs Inc)

Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar. (a) The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Investor Certificates and the Transferor Interest and of transfers and exchanges of Investor Certificates and the Transferor Interest as herein provided. The Trustee First National Bank of Chicago shall initially serve as Certificate Registrar for the purpose of registering Investor Certificates and the Transferor Interest and transfers and exchanges of Investor Certificates and the Transferor Interest as herein provided. Upon surrender for registration of transfer of any Investor Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing paragraph, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name 50 of the designated transferee or transferees, one or more new Investor Certificates of the same aggregate Percentage Interest. Upon direction by the holder of the Transferor Interest to the Trustee and the Certificate Registrar, the Trustee shall issue the Transferor Interest in certificated form substantially in the form set forth in Exhibit B. Upon notification by the holder of the Transferor Interest to the Certificate Registrar of a transfer of the Transferor Interest and subject to Section 6.05, the Trustee on behalf of the Trust shall note on the Certificate Register the transfer of the Transferor Interest. At the option of the Investor Certificateholders, Investor Certificates also may be exchanged for other Investor Certificates in authorized denominations and the same aggregate Percentage Interests, upon surrender of the Investor Certificates to be exchanged at any such office or agencyagency of the Certificate Registrar. Whenever any Investor Certificates are so surrendered for exchange, the Trustee shall execute and authenticate and deliver the Investor Certificates which that the Investor Certificateholder making the exchange is entitled to receive. Every If so required by the Trustee or the Certificate Registrar, each Investor Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc One Abs Corp)

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Registration of Transfer and Exchange of Investor Certificates; Appointment of Registrar. (a) The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Investor Certificates and of transfers and exchanges of Investor Certificates as herein provided. The Trustee shall initially serve as Certificate Registrar for the purpose of registering Investor Certificates and transfers and exchanges of Investor Certificates as herein provided. Upon surrender for registration of transfer of any Investor Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing paragraph, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name of the designated transferee or transfereestrans- ferees, one or more new Investor Certificates of the same aggregate Percentage Interest. At the option of the Investor Certificateholders, Investor Certificates may be exchanged for other Investor Certificates in authorized denominations and the same aggregate Percentage Interests, upon surrender of the Investor Certificates to be exchanged at any such office or agency. Whenever any Investor Certificates are so surrendered for exchange, the Trustee shall execute and authenticate and deliver the Investor Certificates which the Investor Certificateholder making the exchange is entitled to receive. Every Investor Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Abs Inc)

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