Additional Requirements of the Administrator
Additional Requirements of the Administrator Sample Clauses
Related to Additional Requirements of the Administrator
Duties of the Administrator (a) Duties with respect to the Note Depository Agreement and the Indenture.
Independence of the Administrator For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer or the Owner Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless expressly authorized by the Issuer, the Administrator shall have no authority to act for or represent the Issuer or the Owner Trustee in any way and shall not otherwise be deemed an agent of the Issuer or the Owner Trustee.
