Common use of Final Certification Clause in Contracts

Final Certification. Not later than 90 days following the Closing Date, the Custodian shall ascertain that all documents specified in Sections 2(i) through (ix) of this Custodial Agreement are in its possession, and shall deliver to the Trustee, the Trust Administrator and the Depositor a Trust Receipt and Final Certification certifying, subject to any exceptions noted thereon that, as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan specifically identified in such certification as not covered by such certification): (i) all documents required to be delivered to it pursuant to Sections 2(i)-(ix) of this Custodial Agreement are in its possession; (ii) such documents have been reviewed by it (including the information set forth in items (1),(2),(3),(5),(8) and (10) of the Mortgage Loan Schedule) and appear regular on their face and relate to such Mortgage Loan; (iii) all Assignments of Mortgage or intervening assignments of mortgage, as applicable, have been submitted for recording in the jurisdiction in which recording is necessary; and (iv) each Mortgage Note has been endorsed as provided in Section 2(ii) of this Custodial Agreement and each Mortgage has been assigned in accordance with Section 2(vi) of this Custodial Agreement.

Appears in 1 contract

Sources: Custodial Agreement (Sequoia Residential Funding Inc)

Final Certification. Not later than 90 days following Within one (1) year after the Closing Date, the Custodian shall ascertain that all documents specified in Sections 2(i) through (ix) of this review each Custodial Agreement are in its possessionFile, and shall deliver to the Trustee, Trustee (with a copy to the Trust Administrator Depositor and the Depositor Servicer), a Trust Receipt and Final Certification certifying, subject attached hereto as Exhibit 2 to any exceptions noted thereon the effect that, as to each Mortgage Loan listed in on the Mortgage Loan Schedule (other than any Mortgage Loan (i) paid in full full, or any Mortgage Loan specifically identified in such certification as not covered by such certification): (ii) (i) all documents required to be delivered to it pursuant to Sections 2(i)-(ixparagraphs (i), (ii), (iii), (iv) and (vi) and to the extent provided in the Custodial Files paragraph (v) of Section 2 of this Custodial Agreement are in its possession; (ii) such documents have been reviewed by it (including the information set forth in items (1),(2),(3),(5),(8) and (10) of the Mortgage Loan Schedule) and appear regular on their face and relate to such Mortgage Loan; (iii) all Assignments based on its examination and only as to the foregoing documents, the information set forth in items (1) and (3) of the definition of "Mortgage or intervening assignments of mortgage, as applicable, have been submitted for recording Loan Schedule" in the jurisdiction Pooling and Servicing Agreement accurately reflects information set forth in which recording is necessarythe Custodial File; and (iv) each Mortgage Note has been endorsed as provided in Section 2(ii) 2 of this Custodial Agreement and each Mortgage has been assigned in accordance with Section 2(vi) 2 of this Custodial Agreement.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-1)

Final Certification. Not later than 90 days following Within one (1) year after the Closing Date, the Custodian shall ascertain that all documents specified in Sections 2(i) through (ix) of this review each Custodial Agreement are in its possessionFile, and shall deliver to the Trustee, Trustee (with a copy to the Trust Administrator Depositor and the Depositor Servicer), a Trust Receipt and Final Certification certifying, subject attached hereto as Exhibit 2 to any exceptions noted thereon the effect that, as to each Mortgage Loan listed in on the Mortgage Loan Schedule (other than any Mortgage Loan (i) paid in full full, or any Mortgage Loan (ii) specifically identified in on such certification Final Certification as not covered by such certificationFinal Certification): (i) all documents required to be delivered to it pursuant to Sections 2(i)-(ixparagraphs (i), (ii), (iii), (iv) and (vi) and to the extent provided in the Custodial Files paragraph (v) of Section 2 of this Custodial Agreement are in its possession; (ii) such documents have been reviewed by it (including the information set forth in items (1),(2),(3),(5),(8) and (10) of the Mortgage Loan Schedule) and appear regular on their face and relate to such Mortgage Loan; (iii) all Assignments based on its examination and only as to the foregoing documents, the information set forth in items (1) and (3) of the definition of “Mortgage or intervening assignments of mortgage, as applicable, have been submitted for recording Loan Schedule” in the jurisdiction Pooling and Servicing Agreement accurately reflects information set forth in which recording is necessarythe Custodial File; and (iv) each Mortgage Note has been endorsed as provided in Section 2(ii) 2 of this Custodial Agreement and each Mortgage has been assigned in accordance with Section 2(vi) 2 of this Custodial Agreement.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-2)