Common use of Situs of the Trust Clause in Contracts

Situs of the Trust. It is the intention of the parties hereto that the situs of the Trust shall be in the State of New York; provided that it is understood that the Files may be held by the Custodian on behalf of the Trustee outside the State of New York.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Armesco Residential Sec Corp Mort Loan Tr 1996-5), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mort Loan Trust 1997-3), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1997-2)

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Situs of the Trust. It is the intention of the parties hereto that the situs of the Trust shall be in the State of New York; provided that it is understood that the Files may be held by the Custodian on behalf of the Trustee outside the State of New York.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Amresco Residential Securities Corp Mort Loan Trust 1998-1)

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