Examples of PMI Letter Agreement in a sentence
In connection therewith, the Depositor hereby directs the Trustee (solely in its capacity as such) and the Trustee is hereby authorized to execute and deliver the MGIC Letter Agreement and the PMI Letter Agreement for the benefit of the Certificateholders.
Concurrently with the execution of this Agreement, the MGIC Letter Agreement and the PMI Letter Agreement shall be delivered to the Trustee on behalf of the Trust Fund.
The Seller, the Master Servicer, the Securities Administrator, the Depositor, the Servicers and the Certificateholders (by their acceptance of such Certificates) acknowledge and agree that the Trustee is executing and delivering the MGIC Letter Agreement and the PMI Letter Agreement solely in its capacity as Trustee of the Trust Fund, and not in its individual capacity.
Concurrently with the execution of this Agreement, the MGIC Letter Agreement and the PMI Letter Agreement shall be delivered to the Trustee on behalf of the Issuing Entity.
In addition, on or prior to the Closing Date, the Trustee shall execute the Cap Agreement, the Swap Agreement, PMI Letter Agreement and the MGIC Letter Agreement and the Depositor hereby directs the Trustee to do so.
The Trustee makes no representations as to the validity or sufficiency of this Agreement, the Swap Agreement, the PMI Letter Agreement or of the Certificates or of any Mortgage Loan or related document.
The Securities Administrator makes no representations as to the validity or sufficiency of this Agreement, the Swap Agreement, the PMI Letter Agreement or of the Certificates or of any Mortgage Loan or related document other than with respect to the Securities Administrator’s execution and authentication of the Certificates.
The Seller, the Master Servicer, the Depositor, the Servicers and the Certificateholders (by their acceptance of such Certificates) acknowledge and agree that the Trustee is executing and delivering the MGIC Letter Agreement and the PMI Letter Agreement solely in its capacity as Trustee of the Trust Fund, and not in its individual capacity.
In addition, on or prior to the Closing Date, the Trustee shall execute the PMI Letter Agreement and the Depositor hereby directs the Trustee to do so.
In connection therewith, the Depositor hereby directs (i) the Securities Administrator (solely in its capacity as such) and the Securities Administrator is hereby authorized to execute and deliver the Swap Agreement (on behalf of the Supplemental Interest Trust) and (ii) the Trustee (solely in its capacity as such) and the Trustee is hereby authorized to execute the PMI Letter Agreement, in each case for the benefit of Certificateholders.