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Common use of Transfer of Certificates Clause in Contracts

Transfer of Certificates. Subject to the foregoing provisions of this section 3.6, each certificate delivered under this agreement upon registration of transfer of or in exchange for or in lieu of any other certificate will carry the rights to unpaid distributions that were carried by the other certificate.

Appears in 20 contracts

Sources: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)

Related Clauses

  • Office for Transfer of Certificates
  • Designation of Certificates
  • Certificates and Transfer of Certificates
  • Execution of Certificates
  • Retention of Certificates

Parent Clauses

  • Exercise of Call Warrants
  • Additional Depositor Representation
  • Trust Accounts Distributions Statements to Certificateholders and Noteholders
  • Certificates and Transfer of Certificates
  • Voting of Underlying Securities, Modification of Indenture

Sub-Clauses

  • No Violation
  • Organization and Good Standing
  • Severability
  • Limitation on Liability of Servicer and Others
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