Participation Certificates. With respect to any Asset that constitutes a Participation Certificate, Buyer shall have received the original Participation Certificate registered into the name of the Indenture Trustee as designee of the Buyer.
Appears in 2 contracts
Sources: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)
Participation Certificates. With respect to any Asset that constitutes a Participation Certificate, the Buyer shall have received the an original Participation Certificate registered into which is in form and substance satisfactory to the name of the Indenture Trustee as designee of the BuyerBuyer in its sole discretion.
Appears in 1 contract
Sources: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)