Common use of The Certificate Clause in Contracts

The Certificate. (a) Except as provided in Section 3.02(b), the Certificate shall be issued and maintained in definitive form. On the Closing Date, the Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of authentication and delivery of such Certificate. A Person shall become the Certificateholder and shall be entitled to the rights and subject to the obligations of the Certificateholder hereunder upon such Person’s acceptance of a Certificate duly registered in such Person’s name subject to Sections 3.04 and 3.05. The Certificateholder, by acceptance of the Certificate, acknowledges the limitations on the rights of the Certificateholder as provided herein, including without limitation the provisions of Section 4.02, and agrees that it shall be bound by the provisions hereof.

Appears in 64 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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The Certificate. (a) Except as provided in Section 3.02(b), the The Certificate shall be issued and maintained in definitive forma single denomination of a 100.00% Certificate Percentage Interest. On the Closing Date, the The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by in the manner provided in Section 3.04. If the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trustee. A Certificate bearing bears the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, it shall be validly issued and entitled to the benefit of this Owner Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such the Certificate or did not hold such offices at the date of authentication and delivery of such the Certificate. A Person shall become the Certificateholder and shall be entitled to the rights and subject to the obligations of the Certificateholder hereunder upon such Person’s 's acceptance of a the Certificate duly registered in such Person’s name 's name, pursuant to Section 3.05. A transferee of the Certificate shall become the Certificateholder and shall be entitled to the rights and subject to Sections 3.04 and 3.05. The Certificateholder, by the obligations of the Certificateholder hereunder upon such transferee's acceptance of the Certificate, acknowledges the limitations on the rights Certificate duly registered in such transferee's name pursuant to and upon satisfaction of the Certificateholder as provided herein, including without limitation the provisions of conditions set forth in Section 4.02, and agrees that it shall be bound by the provisions hereof3.05.

Appears in 10 contracts

Samples: Owner Trust Agreement (Credit Suisse First Boston Mor Ac Corp CSFB Abs Tr 2002 Hi23), Owner Trust Agreement (Cendant Mortgage Capital LLC), Owner Trust Agreement (Nomura Home Equity Loan, Inc.)

The Certificate. (a) Except as provided in Section 3.02(b), the The Certificate shall be issued as a single certificate in definitive, fully registered form and maintained shall initially be registered in definitive formthe name of the Initial Certificateholder. On the Closing Date, the The Certificate shall not be issued in an authorized denomination of less than a 100% Percentage Interest in such Certificate. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer Authorized Trust Officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trusteemanner provided in Section 3.2. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such the Certificate or did not hold such offices at the date of authentication and delivery of such the Certificate. A Person shall become the a Certificateholder and shall be entitled to the rights and subject to the obligations of the a Certificateholder hereunder upon such Person’s acceptance registration of a the Certificate duly registered in such Person’s name subject pursuant to Sections 3.04 and 3.05. The Certificateholder, by acceptance of the Certificate, acknowledges the limitations on the rights of the Certificateholder as provided herein, including without limitation the provisions of Section 4.02, and agrees that it shall be bound by the provisions hereof3.3.

Appears in 5 contracts

Samples: Owner Trust Agreement (First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3), Owner Trust Agreement (FBR Securitization Trust 2005-4), Owner Trust Agreement (FBR Securitization Trust 2005-3)

The Certificate. (a) Except as provided in Section 3.02(b), the The Certificate shall be issued and maintained in definitive formthe form of a single Certificate, representing 100% Certificate Percentage Interest. On The Certificate (which includes the Closing DateTransferor Interest) shall initially be registered in the name of American Home Mortgage Acceptance, the Inc. The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenturemanner provided in Section 3.04. The Certificate, as certified by the Sponsor to the Certificate Registrar and Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of authentication and delivery of such Certificate. A Person shall become the a Certificateholder and shall be entitled to the rights and subject to the obligations of the a Certificateholder hereunder upon such Person’s 's acceptance of a Certificate duly registered in such Person’s name 's name, pursuant to Section 3.05. A transferee of a Certificate shall become a Certificateholder and shall be entitled to the rights and subject to Sections 3.04 and 3.05. The Certificateholder, by the obligations of a Certificateholder hereunder upon such transferee's acceptance of the Certificate, acknowledges the limitations on the rights a Certificate duly registered in such transferee's name pursuant to and upon satisfaction of the Certificateholder as provided herein, including without limitation the provisions of conditions set forth in Section 4.02, and agrees that it shall be bound by the provisions hereof3.05.

Appears in 3 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-2), Trust Agreement (American Home Mortgage Investment Trust 2006-1), Trust Agreement (American Home Mortgage Investment Trust 2006-3)

The Certificate. (a) Except as provided in Section 3.02(b), the The Certificate shall be issued and maintained in definitive formthe form of one Certificate, representing not less than a 100% Certificate Percentage Interest. On the Closing Date, the Certificate The Certificates shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trusteemanner provided in Section 3.03. A Certificate Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate Certificates or did not hold such offices at the date of authentication and delivery of such CertificateCertificates. A Person shall become the a Certificateholder and shall be entitled to the rights and subject to the obligations of the a Certificateholder hereunder upon such Person’s 's acceptance of a Certificate duly registered in such Person’s name 's name, pursuant to Section 3.04. A transferee of a Certificate shall become a Certificateholder and shall be entitled to the rights and subject to Sections 3.04 and 3.05. The Certificateholder, by the obligations of a Certificateholder hereunder upon such transferee's acceptance of the Certificate, acknowledges the limitations on the rights a Certificate duly registered in such transferee's name pursuant to and upon satisfaction of the Certificateholder as provided herein, including without limitation the provisions of conditions set forth in Section 4.02, and agrees that it shall be bound by the provisions hereof3.04.

Appears in 2 contracts

Samples: Trust Agreement (Bear Stearns ARM Trust 2006-1), Trust Agreement (Bear Stearns ARM Trust 2006-1)

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The Certificate. (a) Except as provided in Section 3.02(b), the Certificate shall be issued and maintained in definitive form. On the Closing Date, the Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trustee. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Certificate or did not hold such offices at the date of authentication and delivery of such Certificate. A Person shall become the Certificateholder and shall be entitled to the rights and subject to the obligations of the Certificateholder hereunder upon such PersonXxxxxx’s acceptance of a Certificate duly registered in such Person’s name subject to Sections 3.04 and 3.05. The Certificateholder, by acceptance of the Certificate, acknowledges the limitations on the rights of the Certificateholder as provided herein, including without limitation the provisions of Section 4.02, and agrees that it shall be bound by the provisions hereof.

Appears in 1 contract

Samples: Trust Agreement

The Certificate. (a) Except as provided in Section 3.02(b), the The Certificate shall be issued and maintained in definitive formthe form of a single Certificate, representing a 100% Certificate Percentage Interest. On the Closing Date, the The Certificate shall be executed on behalf of the Trust by manual or facsimile signature of an authorized officer of the Owner Trustee and authenticated by the Certificate Registrar upon satisfaction of the closing conditions set forth in the Indenture, as certified by the Sponsor to the Certificate Registrar and Owner Trusteemanner provided in Section 3.03. A Certificate bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign for the Owner Trustee on behalf of the Trust, shall be validly issued and entitled to the benefit of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such a Certificate or did not hold such offices at the date of authentication and delivery of such a Certificate. A Person shall become the a Certificateholder and shall be entitled to the rights and subject to the obligations of the a Certificateholder hereunder upon such Person’s 's acceptance of a Certificate duly registered in such Person’s name 's name, pursuant to Section 3.04. A transferee of a Certificate shall become a Certificateholder and shall be entitled to the rights and subject to Sections 3.04 and 3.05. The Certificateholder, by the obligations of a Certificateholder hereunder upon such transferee's acceptance of the Certificate, acknowledges the limitations on the rights a Certificate duly registered in such transferee's name pursuant to and upon satisfaction of the Certificateholder as provided herein, including without limitation the provisions of conditions set forth in Section 4.02, and agrees that it shall be bound by the provisions hereof3.04.

Appears in 1 contract

Samples: Trust Agreement (Citigroup Mortgage Loan Trust 2006-Ar1)

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