Examples of Mortgage Certificates in a sentence
The representations, warranties and covenants of each of the parties to this Mortgage Origination Agreement shall survive and remain enforceable with respect to each Program for so long as such Program continues and for so long as any Bonds of the Series issued to implement such Program or Mortgage Certificates purchased under such Program remain outstanding.
The Division has found and determined that origination of Mortgage Loans under such Program and the purchase of the related Mortgage Certificates by the Trustee to finance the acquisition by Eligible Borrowers of Qualified Residences will further and fulfill the public purposes of the Act.
The Participating Lending Institution represents, warrants and covenants that neither the Participating Lending Institution nor any “related person” as defined in Section 147(a) (2) of the Code, has or will acquire, pursuant to an arrangement, formal or informal, tax-exempt Bonds in an amount related to the amount of Mortgage Loans to be originated or Mortgage Certificates to be issued under the related Program.