Trust Receipt and Initial Certification definition

Trust Receipt and Initial Certification. As defined in Section 2.02(a). Trustee: U.S. Bank National Association, a national banking association, not in its individual capacity, but solely in its capacity as trustee for the benefit of the Certificateholders under this Agreement, and any successor thereto, as provided herein.

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Trust Receipt and Initial Certification. A trust receipt and initial certification as to each Mortgage Loan, which Trust Receipt and Initial Certification is delivered to the Trustee by the Custodian in the form annexed hereto as EXHIBIT 1.

Trust Receipt and Initial Certification. As defined in Section 2.02(a).

Examples of Trust Receipt and Initial Certification in a sentence

• Based on its review and examination, and only as to the documents identified in such Trust Receipt and Initial Certification, the Trustee or the Custodian acknowledges that such documents appear regular on their face and relate to such Mortgage Loan.

• Based on its review and examination, and only as to the documents identified in such Trust Receipt and Initial Certification, the Custodian acknowledges that such documents appear regular on their face and relate to such Mortgage Loan.

• The Custodian shall certify its receipt of all such Mortgage Loan Documents required to be delivered pursuant to the Custodial Agreement for the related Closing Date, as evidenced by the Trust Receipt and Initial Certification of the Custodian in the form annexed to the Custodial Agreement.

• This Trust Receipt and Initial Certification is not divisible or negotiable.

• Such Trust Receipt and Initial Certification shall require the Custodians, based on their review and examination, and only as to the documents identified in such Trust Receipt and Initial Certification, to acknowledge that such documents appear regular on their face and relate to such Mortgage Loan.

• The Trustee or the Custodian agrees to execute and deliver on the Closing Date to the Depositor, the Master Servicer, each Seller, each Servicer and the Trust Administrator a Trust Receipt and Initial Certification in the form annexed hereto as Exhibit I.

• The Trustee or the Custodian agrees to execute and deliver on the Closing Date to the Depositor, the Master Servicer, each Seller, each Servicer and the Trust Administrator a Trust Receipt and Initial Certification in the form annexed hereto as Exhibit K.

• Based on its review and examination, and only as to the documents identified in such Trust Receipt and Initial Certification, the Custodian acknowledges that such documents appear regular on their face and relate to such Initial Mortgage Loan.

• Such Trust Receipt and Initial Certification shall require the Custodian, based on its review and examination, and only as to the documents identified in such Trust Receipt and Initial Certification, to acknowledge that such documents appear regular on their face and relate to such Mortgage Loan.

• Upon the Custodian’s receipt of two (2) Business Days’ written or electronic notification from the Trustee, the Custodian shall release to such persons as the Trustee shall designate all or a portion of the Custodial Files relating to the Mortgage Loans subject to the Trust Receipt and Initial Certification or Final Trust Receipt, as applicable.

More Definitions of Trust Receipt and Initial Certification

Trust Receipt and Initial Certification. As defined in Section 2.02(a). Trustee: JPMorgan Chase Bank, a New York Banking Corporation, not in its individual capacity, but solely in its capacity as trustee for the benefit of the Certificateholders under this Agreement, and any successor thereto, as provided herein.

Trust Receipt and Initial Certification. A trust receipt and certification, in the form annexed hereto as Exhibit 1, which Trust Receipt and Initial Certification is delivered to the Trustee by the Custodian pursuant to the requirements of Section 3 below.