Common use of Required Closing Documents Clause in Contracts

Required Closing Documents. The Closing Documents for the Mortgage Loans to be purchased on each Closing Date shall consist of fully executed originals of the following documents: (a) this Agreement (to be executed and delivered only for the initial Closing Date); (b) with respect to the initial Closing Date, the Custodial Agreement, dated as of the initial Cut-off Date; (c) the related Mortgage Loan Schedule attached to the related Purchase Confirmation as the Mortgage Loan Schedule thereto; (d) with respect to the initial Closing Date, an Officer's Certificate, in the form of Exhibit E hereto with respect to Countrywide, including all attachments thereto; (e) a Security Release Certification, in the form of Exhibit F, as applicable, hereto executed by any person, if any of the Mortgage Loans are subject to a security interest, pledge or hypothecation for the benefit of such person; and Countrywide shall bear the risk of loss of the closing documents until such time as they are received by the Purchaser or its attorneys.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (BCAP LLC Trust 2007-Aa5), Trust Agreement (BCAP LLC Trust 2007-Aa4), Trust Agreement (BCAP LLC Trust 2007-Aa1)

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Required Closing Documents. The Closing Documents for the Mortgage Loans to be purchased on each Closing Date shall consist of fully executed originals of the following documents: (a) this Agreement (to be executed and delivered only for the initial Closing Date); (b) with respect to the initial Closing Date, the Custodial Agreement, dated as of the initial Cut-off Date; (c) the related Mortgage Loan Schedule attached to the related Purchase Confirmation as the Mortgage Loan Schedule thereto; (d) with respect to the initial Closing Date, an Officer's Certificate, in the form of Exhibit E hereto with respect to Countrywide, including all attachments thereto; (e) a Security Release Certification, in the form of Exhibit F, as applicable, hereto executed by any person, if any of the Mortgage Loans are subject to a security interest, pledge or hypothecation for the benefit of such person; and and (f) Countrywide shall bear the risk of loss of the closing documents until such time as they are received by the Purchaser or its attorneys.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (BCAP LLC Trust 2007-Aa5)

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