Common use of The Notes Clause in Contracts

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated desig nated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral inte gral multiples of $1 1,000 in excess thereof. Registered Holders will hold interests in Subject to the Class X Notes in physical form in minimum initial Notional Amount last sentence of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in Section 4.12 , the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except In addition, subject to the last sentence of Section 4.12, except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the The Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Merrill Lynch Mortgage Investors Inc)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 Notes shall be issued in the form of Book-Entry Notes and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 A-1 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders Beneficial Owners will hold interests in the Class X A-2 Notes in physical form through the book-entry facilities of the Depository in minimum initial Notional Amount Note Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 25,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository (through and to its nominee) as the authorized representative of the Beneficial Owners with respect to the Book-Entry Notes for the purposes of exercising the rights of Holders of the Book-Entry Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Book-Entry Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Book-Entry Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Book-Entry Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders Holders of Notes and give notice to the Depository of such record date. Without the consent of the Issuing Entity and the Securities AdministratorIndenture Trustee, no Offered Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Offered Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Servicing Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A), Manufactured Housing Contract (Origen Residential Securities, Inc.)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 (a) The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes Noteholders hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder Noteholder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Term Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee, at the request of the Servicer and with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner TrusteeTrustee and upon Issuer Order, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Phoenix Residential Securities, LLC, Phoenix Residential Securities, LLC

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuing Entity may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator Indenture Trustee and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2006-1), Indenture (New Century Home Equity Loan Trust 2006-2)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X X-1 Notes in physical form in minimum initial Notional Amount of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class XA-3, Class A-4, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2, Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2

The Notes. (a) The Class A Notes will be issued in denominations of $1,000 and multiples of $1,000 in excess thereof (with the exception of one Note of each class which will be issued in an odd amount) of the Initial Class A-1 Note Principal Balance, the Initial Class A-2 Note Principal Balance, the Initial Class A-3 Note Principal Balance, the Initial Class A-4 Note Principal Balance and the Subordinate Notes will be issued in denominations of $1,000,000 and $1,000 increments above $1,000,000 of the Initial Class B-1 Note Principal Balance, the Initial Class B-2 Note Principal Balance and the Initial Class B-3 Note Principal Balance. Each Note shall represent a validly issued and binding obligation, but only if such Note has been executed on behalf of the Trust by a Responsible Officer of the Owner Trustee by manual signature, and authenticated on behalf of the Indenture Trustee by a Responsible Officer of the Indenture Trustee by manual signature. Each Note bearing the manual signatures of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Trust shall be valid and binding obligations, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Note or did not hold such offices at the date of such Note. No Note shall be entitled to any benefit under this Indenture, or be valid for any purpose, unless there appears on such Note a certificate of authentication substantially in the form set forth in the form of the Notes of the related Class, each attached as Exhibits hereto, signed by the Indenture Trustee by manual signature, and such signature upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder. All Class of Class A-1A-1 Notes, Class A-2A-2 Notes, Class A-3 Notes and Class A-4 Notes shall be registered substantially in the name of a nominee designated by the Depository. Beneficial Owners will hold interests forms set forth in the Exhibits C-1, C-2, C-3 and C-4 hereto, respectively, all Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the B-1 Notes shall be limited to those established by law and agreements between such Beneficial Owners and substantially in the Depository and Depository Participantsform set forth in Exhibit D-1 hereto, all Class B-2 Notes shall be substantially in the form set forth in Exhibit D-2 hereto, all Class B-3 Notes shall be substantially in the form set forth in Exhibit D-3 hereto. Except as provided in Section 4.08 hereof, Beneficial Owners Each Note shall not be entitled to definitive certificates for dated the date of their authentication. Neither the Notes as to which they nor the Contracts are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity and the Securities Administrator, no Note may be transferred insured by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns Federal Deposit Insurance Corporation or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entityany other governmental agency.

Appears in 2 contracts

Samples: First Sierra Equipment Contract (First Sierra Receivables Iii Inc), Indenture (First Sierra Receivables Iii Inc)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository as set forth in Section 4.06 herein. The minimum initial Note Principal Balances of with respect to the Class A Notes and the Class M-1 Notes shall be $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in , and with respect to the Class X M-2 Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 M-3 Notes in physical form in minimum initial Note Principal Balances of shall be $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Residential Funding Mortgage Securities Ii Inc

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator Indenture Trustee and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Indenture (Homebanc Corp), Indenture (Homebanc Corp)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 Offered Notes shall be issued in the form of Book-Entry Notes and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Book-Entry Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Class B-2 Notes shall be issued in certificated, fully-registered form as Definitive Notes, in minimum initial Note Balances of $1,000,000 and internal multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository (through and to its nominee) as the authorized representative of the Beneficial Owners with respect to the Book-Entry Notes for the purposes of exercising the rights of Holders of the Book-Entry Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Book-Entry Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Book-Entry Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Book-Entry Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders Holders of Offered Notes and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Offered Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Offered Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 2 contracts

Samples: Servicing Agreement (Origen Manufactured Housing Contract Trust 2004-B), Servicing Agreement (Origen Residential Securities, Inc.)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X ; provided that Offered Notes in physical form must be purchased in minimum initial Notional Amount total investments of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereofper Class. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Securities Administrator with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Custodial Agreement (Renaissance Home Equity Loan Trust 2007-1), Indenture (Renaissance Home Equity Loan Trust 2007-2)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will shall hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in , with respect to the Class X Notes in physical form 1A1, Class 1A2, Class 1A3 and Class 2A1 Notes, and in minimum initial Notional Amount Initial Note Principal Balances of $100,000 and in integral multiples of $1 in excess thereof. Registered Holders will hold interests in , with respect to the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereofM Notes. The Indenture Trustee and Securities Administrator may may, for all purposes (including the making of payments due on the Notes) ), deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes that it beneficially owns owns, in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Peoples Choice Home Loan Securities Trust Series 2005-4

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes Noteholders hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder Noteholder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee, at the request of the Servicer and with the approval of the Issuer, may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner TrusteeTrustee and upon Issuer Order, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Residential Asset Mortgage Products Inc

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator Indenture Trustee and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (New Century Home Equity Loan Trust 2005-4)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class XM, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Dxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Servicing Agreement (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-5)

The Notes. Each Class of Class A-1A-1A Notes, Class A-2A-1B Notes, Class A-3 A-2A Notes, Class A-2B Notes and Class A-4 A-3 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1A-1A Notes, Class A-2A-1B Notes, Class A-3 A-2A Notes, Class A-2B and Class A-4 A-3 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class XM, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and the Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Citigroup Mortgage Loan Trust 2005-11

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 1,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuing Entity may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Indenture (Opteum Mortgage Acceptance CORP)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator Indenture Trustee and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Servicing Agreement (American Home Mortgage Investment Trust 2004-3)

The Notes. Each Class of Class A-1, Class A-2A-2A, Class A-3 A-2B, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class A-4 B-1 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2A-2A, Class A-3 A-2B, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class A-4 B-1 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 B-2 Notes in physical form in minimum initial Note Principal Balances of $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the written consent of the Issuing Entity and the Securities AdministratorIssuer, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (GSR Trust 2005-Hel1)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Each Beneficial Owners Owner will hold interests an interest in the Class A-1, Class A-2, Class A-3 and Class A-4 such Notes through the book-entry facilities of the Depository in a minimum initial Note Principal Balances Balance of $100,000 25,000 and integral multiples of $1 1,000 in excess thereof. Registered Holders will hold interests in thereof and with respect to the Class X Notes in physical form in minimum initial A-IO Notes, a Notional Amount of equal to $100,000 2,000,000 and in integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes Noteholders hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder Noteholder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee, at the request of the Servicer and with the approval of the Issuer, may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner TrusteeTrustee and upon Issuer Order, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Gmacm Home Equity Loan Trust 2005-He2

The Notes. Each Class of Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Dxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-9)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Securities Administrator with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Renaissance Home (Renaissance Home Equity Loan Trust 2005-2)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository as set forth in Section 4.06 herein. The minimum initial Note Principal Balances of with respect to the Class A Notes and the Class M-1 Notes shall be $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in , with respect to the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class XM-2 Notes, Class B-1M-3 Notes, Class B-2, Class B-3, Class B-4, Class B-5 M-4 Notes and Class B-6 M-5 Notes in physical form in minimum initial Note Principal Balances of shall be $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Residential Fund Mort Sec Home Loan-BCKD NTS Ser 2004-Hi1

AutoNDA by SimpleDocs

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates notes for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Dxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Securities Administrator with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Renaissance Home (Renaissance Home Equity Loan Trust 2005-3)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 A-1 Notes and Class A-4 A-2 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class XM, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-5

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in the minimum initial Note Principal Balances Balance of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes Noteholders hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder Noteholder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee, at the request of the Servicer and with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner TrusteeTrustee and upon Issuer Order, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Wachovia Asset (Wachovia Asset Securitization Inc 2002 He2 Trust)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will shall hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in thereof with respect to the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X1A1, Class B-11A2, Class B-21A3, Class B-3, Class B-4, Class B-5 2A1 and Class B-6 2A2 Notes in physical form and in minimum initial Note Principal Balances of $100,000 and in integral multiples of $1 in excess thereofthereof with respect to the Class M Notes. The Indenture Trustee and Securities Administrator may may, for all purposes (including the making of payments due on the Notes) ), deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes that it beneficially owns owns, in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (Peoples Choice Home Loan Securities Trust Series 2005-3)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository as set forth in Section 4.06 herein. The minimum initial Note Principal Balances of with respect to the Class A Notes and the Class M-1 Notes shall be $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in , with respect to the Class X M-2 Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 M-3 Notes in physical form in minimum initial Note Principal Balances of shall be $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Original Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in the minimum initial Note Principal Balances Balance of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes Noteholders hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder Noteholder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee, at the request of the Servicer and with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner TrusteeTrustee and upon Issuer Order, authenticated by the Securities Administrator Note Registrar and delivered by the Securities Administrator Indenture Trustee to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Wachovia Asset Sec Inc Asst Back Notes Ser 2002 He1

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated desig nated by the Depository. Beneficial Owners will hold interests in the Class A-1, A Notes (other than the Class A-2, Class A-3 A-6 IO Notes) and Class A-4 M-1 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders Beneficial Owners will hold interests in the Class X A-6 IO Notes in physical form through the book-entry facilities of the Depository in minimum initial Notional Amount Amounts of $100,000 2,000,000 and integral multiples multi ples of $1 in excess thereof. Registered Holders Beneficial Owners will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 M-2 Notes and Class B-6 B-1 Notes in physical form through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Indenture (Southern Pacific Secured Assets Corp)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 M-1, Class M-2 and Class A-4 B-1 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 M-1, Class M-2 and Class A-4 B-1 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (Luminent Mortgage Trust 2005-1)

The Notes. Each (a) The Class of Class A-1, Class A-2, Class A-3 and Class A-4 A Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 A Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Class A Notes for the purposes of exercising the rights of Holders of the Class A Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Class A Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof4.08, Beneficial Owners shall not be entitled to definitive certificates for the Class A Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Class A Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Class A Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Class A Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor Indenture Trustee with the approval of the Issuer may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Class A Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 The Notes shall be registered in the name of a nominee designated desig nated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 A Notes and Class A-4 M- 1 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders Beneficial Owners will hold interests in the Class X M-2 Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 B-1 Notes in physical form through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 250,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities AdministratorIndenture Trustee, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Class A Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Indenture (Impac Secured Assets CMN Trust Series 1998-1)

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will shall hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in thereof with respect to the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X1A1, Class B-11A2, Class B-21A3, Class B-3, Class B-4, Class B-5 2A1 and Class B-6 2A2 Notes in physical form and in minimum initial Note Principal Balances of $100,000 and in integral multiples of $1 in excess thereofthereof with respect to the Class M Notes and Class B Notes. The Indenture Trustee and Securities Administrator may may, for all purposes (including the making of payments due on the Notes) ), deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes that it beneficially owns owns, in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (Peoples Choice Home Loan Securities Trust Series 2005-2)

The Notes. Each Class of Class A-11-A, Class A-22-A, Class A-3 and Class A-4 3-A Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-11-A, Class A-2, Class A-3 2-A and Class A-4 3-A Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 B-2 and Class B-6 B-3 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Depository that agrees to hold such Note for sucx Xxxx xxx the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing Entity.

Appears in 1 contract

Samples: Merrill Lynch Mortgage Investors Trust, Series 2005-2

The Notes. Each Class of Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class A-1, Class A-2, Class A-3 and Class A-4 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 and integral multiples of $1 1,000 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx Dxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s 's resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Sale and Servicing Agreement (MORTGAGEIT TRUST 2005-2, Mortgage-Backed Notes, Series 2005-2)

The Notes. Each Class of Class I-A-1, Class I-A-2, Class A-3 II-A-1 and Class A-4 II-A-2 Notes shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Class I-A-1, Class I-A-2, Class A-3 II-A-1 and Class A-4 II-A-2 Notes through the book-entry facilities of the Depository in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 25,000 and integral multiples of $1 in excess thereof. Registered Holders will hold interests in the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes in physical form in minimum initial Note Principal Balances of $100,000 25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee and Securities Administrator may for all purposes (including the making of payments due on the Notes) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Notes for the purposes of exercising the rights of Holders of the Notes hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Notes shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Notes as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Notes shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Securities Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Noteholders and give notice to the Depository of such record date. Without the consent of the Issuing Entity Issuer and the Securities Administrator, no Note may be transferred by the Depository except to a successor Xxxxxxxxxx that agrees to hold such Note for the account of the Beneficial Owners. In the event the Depository Trust Company resigns or is removed as Depository, the Depositor may appoint a successor Depository. If no successor Depository has been appointed within 30 days of the effective date of the Depository’s resignation or removal, each Beneficial Owner shall be entitled to certificates representing the Notes it beneficially owns in the manner prescribed in Section 4.08. The Notes shall, on original issue, be executed on behalf of the Issuing Entity Issuer by the Owner Trustee, not in its individual capacity but solely as Owner Trustee, authenticated by the Securities Administrator and delivered by the Securities Administrator to or upon the order of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Indenture (Bear Stearns ARM Trust 2005-7)

Time is Money Join Law Insider Premium to draft better contracts faster.