Security Release Certification. With respect to each Purchased Mortgage Loan that is subject to a security interest (including any precautionary security interest) immediately prior to the Purchase Date, Buyer shall have received a Security Release Certification substantially in form attached hereto as Exhibit F (a “Security Release Certification”) for such Purchased Mortgage Loan that is duly executed by the related secured party and Seller. If necessary, such secured party shall have filed UCC termination statements in respect of any UCC filings made in respect of such Purchased Mortgage Loan, and each such release and UCC termination statement has been delivered to Buyer prior to each Transaction and to the Custodian as part of the Mortgage File.
Security Release Certification. If any of the Loans has at any time been subject to any security interest, pledge or hypothecation for the benefit of any Person, the Seller shall deliver to the Department a Security Release Certification, in the form of Exhibit E attached hereto executed by such Person.
Security Release Certification. If any of the Eligible Loans are subject to any security interest, pledge or hypothecation for the benefit of any Person, the Sponsor shall deliver to the Department a fully executed Security Release Certification with respect to such Eligible Loans.
Security Release Certification. With respect to each Purchased Mortgage Loan that is subject to a security interest (including any precautionary security interest) immediately prior to the Purchase Date, Seller shall have received adequate documentation necessary to release the related secured party’s security interest in such Purchased Mortgage Loan and upon request shall provide such documentation to Buyer. If necessary, such secured party shall have filed UCC termination statements in respect of any UCC filings made in respect of such Purchased Mortgage Loan, and each such release and UCC termination statement has been delivered to Buyer prior to each Transaction and to the Custodian as part of the Mortgage File.
Security Release Certification. With respect to each Purchased Mortgage Loan that is subject to a security interest (including any precautionary security interest) immediately prior to the Purchase Date, Buyer shall have received a Security Release Certification substantially in form attached hereto as Exhibit H or in such form and substance reasonably approved by the Buyer (a “Security Release Certification”) for such Purchased Mortgage Loan that is duly executed by the related secured party and Seller. If necessary, such secured party shall have filed UCC termination statements in respect of any UCC filings made in respect of such Purchased Mortgage Loan, and each such release and UCC termination statement has been delivered to Buyer prior to each Transaction and to the Custodian as part of the Mortgage File.
Security Release Certification in substantially the form of Exhibit L executed by any other person as requested by Purchaser if any of the Mortgage Loans have at any time been subject to any security interest, pledge or hypothecation for the benefit of such person;
Security Release Certification. In accordance with the provisions below and effective as of [DATE] [ ] (“[ ]”) hereby relinquishes any and all right, title and interest it may have in and to the Loans described in Annex A attached hereto upon purchase thereof by the [ ] (“Buyer”) from the Seller named below pursuant to that certain Master Repurchase Agreement, dated as of [ ] (as amended, restated, supplemented or otherwise modified from time to time, the “Repurchase Agreement”) as of the date and time of receipt by [ ] of an amount at least equal to the amount then due to [ ] as set forth on Annex A for such Loans (the “Date and Time of Sale”) and certifies that all notes, mortgages, assignments and other documents in its possession relating to such Loans have been delivered and shall be released to the Seller named below or its designees as of the Date and Time of Sale. Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Repurchase Agreement. Name and Address of Lender: [Custodian] [ ] For Credit Account No. [ ] Attention: [ ] Phone: [ ] Further Credit — [ ] [NAME OF WAREHOUSE LENDER] By: Name: Title: The Seller named below hereby certifies to Buyer that, as of the Date and Time of Sale of the above mentioned Loans to Buyer, the security interests in the Loans released by the above named corporation comprise all security interests in any and all such Loans. The Seller warrants that, as of such time, there are and will be no other security interests in any or all of such Loans. QUICKEN LOANS, LLC By: Name: Title: [List of Loans and amounts due] Quicken Loans, LLC 0000 Xxxxxxxx Xxx. Detroit, Michigan 48226 Attention: Xxxxx Xxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxXxxxx@xxxxxxxxxxxx.xxx RE: Master Repurchase Agreement, dated as of June 12, 2020 (as amended, modified and/or restated, the “Underlying Repurchase Agreement”), between Quicken Loans, LLC, as seller (“Underlying Seller”) and Jefferies Funding LLC, as buyer (in such capacity, “Underlying Buyer”) and Master Repurchase Agreement, dated as of [ ], 20[ ] (as amended, modified and/or restated, the “[ ] Repurchase Agreement”; together with the Underlying Repurchase Agreement, collectively, the “Sale Agreements”), between Jefferies Funding LLC, as seller and [ ], as buyer (“[ ] Buyer”) Ladies and Gentlemen: Pursuant to and subject to the terms and conditions in the Underlying Repurchase Agreement, the Underlying Seller has sold and will sell, from time to time, all o...
Security Release Certification. With respect to each Purchased Mortgage Loan that is subject to a security interest (including any precautionary security interest) immediately prior to the Purchase Date, Buyer shall have 32
Security Release Certification. In accordance with the provisions below and effective as of [DATE] [ ] (“[ ]”)
Security Release Certification. Effective as of [DATE] [ ] hereby relinquishes any and all right, title and interest it may have in and to the Loans described in Exhibit A attached hereto upon purchase thereof by Citibank, N.A. (“Buyer”) from Seller named below pursuant to that certain Master Repurchase Agreement, dated as of March 24, 2010 as of the date and time of receipt by [ ] of $ for such Loans (the “Date and Time of Sale”) and certifies that all notes, mortgages, assignments and other documents in its possession relating to such Loans have been delivered and released to the Seller named below or its designees as of the Date and Time of Sale.
