Common use of Original Issuance of Notes Clause in Contracts

Original Issuance of Notes. 3 SECTION 2.01 FORM..............................................................................3 SECTION 2.02 EXECUTION, AUTHENTICATION AND DELIVERY............................................3 ARTICLE III COVENANTS............................................................................4 SECTION 3.01 COLLECTION OF PAYMENTS WITH RESPECT TO THE MORTGAGE LOANS.........................4 SECTION 3.02 MAINTENANCE OF OFFICE OR AGENCY...................................................4 SECTION 3.03 MONEY FOR PAYMENTS TO BE HELD IN TRUST; PAYING AGENT..............................4 SECTION 3.04 EXISTENCE.........................................................................5 SECTION 3.05 PAYMENT OF PRINCIPAL AND INTEREST; DEFAULTED INTEREST.............................5 SECTION 3.06 PROTECTION OF TRUST ESTATE........................................................7 SECTION 3.07 OPINIONS AS TO TRUST ESTATE.......................................................8 SECTION 3.08 PERFORMANCE OF OBLIGATIONS; SERVICING AGREEMENT...................................9

Original Issuance of Notes. 3 SECTION 2.01 FORM......................................................................................................................................3 SECTION 2.02 EXECUTION, AUTHENTICATION AND DELIVERY..................................................................3 ARTICLE III COVENANTS.....................................................................................................................................4 SECTION 3.01 COLLECTION OF PAYMENTS WITH RESPECT TO THE MORTGAGE LOANS....................................................................4 SECTION 3.02 MAINTENANCE OF OFFICE OR AGENCY................................................................................4 SECTION 3.03 MONEY FOR PAYMENTS TO BE HELD IN TRUST; PAYING AGENT..................................................................................4 SECTION 3.04 EXISTENCE............................................................................................................................5 SECTION 3.05 PAYMENT OF PRINCIPAL AND INTEREST; DEFAULTED INTEREST..............................................................................5 SECTION 3.06 PROTECTION OF TRUST ESTATE..........................................................................................7 SECTION 3.07 OPINIONS AS TO TRUST ESTATE........................................................................................8 SECTION 3.08 PERFORMANCE OF OBLIGATIONS; SERVICING AGREEMENT................................................9