Common use of Residual Certificates Clause in Contracts

Residual Certificates. Section 5.01. Execution, Authentication, Availability and Dating of the Residual A Residual Certificate bearing the manual or facsimile signature of individuals who were at any time officers of Xxxxxx Xxx shall bind Xxxxxx Mae, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreement, Xxxxxx Xxx may deliver the Residual Certificates executed by Xxxxxx Mae to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. No Residual Certificate shall be entitled to any benefit under this Trust Agreement or be valid for any purpose, unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall be dated the date of its authentication.

Appears in 11 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Residual Certificates. Section 5.016.01. Execution, Authentication, Availability and Dating of the Residual A Certificates. (a) Each Residual Certificate bearing of each Series will be executed on behalf of the manual or facsimile Issuer and the Trustee by an authorized officer of the Issuer and the Trustee, respectively. The signature of individuals who were any such authorized officer on the Residual Certificates may be manual, facsimile or electronic. (b) With respect to each Series, at any time officers of Xxxxxx Xxx shall bind Xxxxxx Mae, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreementthe Issue Supplement related to such Series, Xxxxxx Xxx the Issuer may deliver the Residual Certificates executed by Xxxxxx Mae the Issuer and the Trustee to the Certificate Registrar for authentication and the Certificate Registrar shall will authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. . (c) No Residual Certificate shall will be entitled to any benefit under this the Trust Agreement Documents or be valid for any purpose, purpose unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual manual, facsimile or facsimile electronic signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall will be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall will be dated the date of its authentication.

Appears in 4 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

Residual Certificates. Section 5.01. Execution, Authentication, Availability and Dating of the Residual A Residual Certificate bearing the manual or facsimile signature of individuals who were at any time officers of Xxxxxx Xxx Mae shall bind Xxxxxx MaeXxx, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreement, Xxxxxx Xxx Mae may deliver the Residual Certificates executed by Xxxxxx Mae Xxx to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. No Residual Certificate shall be entitled to any benefit under this Trust Agreement or be valid for any purpose, unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall be dated the date of its authentication.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Residual Certificates. Section 5.01. Execution, Authentication, Availability and Dating of the Residual Certificates. The Residual Certificates shall be executed on behalf of Xxxxxx Mae by an Authorized Officer of Xxxxxx Xxx under the corporate seal of Xxxxxx Mae, which may be in facsimile form and be imprinted or otherwise reproduced thereon, and shall be attested by the Secretary, Assistant Secretary, or a second Authorized Officer of Xxxxxx Xxx. The signature of any of these Persons on the Residual Certificates may be manual or facsimile. A Residual Certificate bearing the manual or facsimile signature of individuals who were at any time officers of Xxxxxx Xxx Mae shall bind Xxxxxx MaeXxx, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreement, Xxxxxx Xxx Mae may deliver the Residual Certificates executed by Xxxxxx Mae Xxx to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. No Residual Certificate shall be entitled to any benefit under this Trust Agreement or be valid for any purpose, unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall be dated the date of its authentication.

Appears in 1 contract

Samples: Trust Agreement

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Residual Certificates. Section 5.01. Execution, Authentication, Availability and Dating of the Residual Certificates. The Residual Certificates shall be executed on behalf of Xxxxxx Xxx by an Authorized Officer of Xxxxxx Mae under the corporate seal of Xxxxxx Xxx, which may be in facsimile form and be imprinted or otherwise reproduced thereon, and shall be attested by the Secretary, Assistant Secretary, or a second Authorized Officer of Xxxxxx Mae. The signature of any of these Persons on the Residual Certificates may be manual or facsimile. A Residual Certificate bearing the manual or facsimile signature of individuals who were at any time officers of Xxxxxx Xxx shall bind Xxxxxx Mae, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreement, Xxxxxx Xxx may deliver the Residual Certificates executed by Xxxxxx Mae to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. No Residual Certificate shall be entitled to any benefit under this Trust Agreement or be valid for any purpose, unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall be dated the date of its authentication.

Appears in 1 contract

Samples: Trust Agreement

Residual Certificates. Section 5.01. Execution, Authentication, Availability and Dating of the Residual facsimile form and be imprinted or otherwise reproduced thereon, and shall be attested by the Secretary, Assistant Secretary, or a second Authorized Officer of Xxxxxx Xxx. The signature of any of these Persons on the Residual Certificates may be manual or facsimile. A Residual Certificate bearing the manual or facsimile signature of individuals who were at any time officers of Xxxxxx Xxx Mae shall bind Xxxxxx MaeXxx, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificate. At any time and from time to time after the execution and delivery of this Trust Agreement, Xxxxxx Xxx Mae may deliver the Residual Certificates executed by Xxxxxx Mae Xxx to the Certificate Registrar for authentication and the Certificate Registrar shall authenticate and make available such Certificates as provided in this Trust Agreement and not otherwise. No Residual Certificate shall be entitled to any benefit under this Trust Agreement or be valid for any purpose, unless there appears on such Residual Certificate a certificate of authentication substantially in the form provided for herein, executed by the Certificate Registrar by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Residual Certificate shall be conclusive evidence, and the only evidence, that such Residual Certificate has been duly authenticated and made available hereunder. Each Residual Certificate shall be dated the date of its authentication.

Appears in 1 contract

Samples: Trust Agreement

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