Primary Servicer to Service Sample Clauses

Primary Servicer to Service. 7 SECTION 3.02. Collections................................................ 7 SECTION 3.03.
Primary Servicer to Service. (a) The Primary Servicer, as an independent contractor, shall service and administer pursuant to this Agreement on behalf of the Master Servicer and the Trustee in the best interests of and for the benefit of the Certificateholders in accordance with any and all applicable laws and the terms of this Agreement and the Mortgage Loan documents, and to the extent consistent with the foregoing, with the Servicing Standard under the Pooling and Servicing Agreement. For the avoidance of doubt the Primary Servicer’s obligations and rights under this Agreement are expressly limited to the Mortgage Loans set forth in Exhibit A.
Primary Servicer to Service. The Primary Servicer, as an independent contractor, shall service and administer the Mortgage Loans in a manner consistent with the standards, requirements, guidelines, procedures and restrictions imposed upon the Master Servicer under Sections 3.01, 3.02, 3.03, 3.08, 3.11 and 3.20 of the Pooling and Servicing Agreement. As described herein and unless otherwise specifically provided in this Agreement, the Primary Servicer shall perform, on behalf of the Master Servicer, all of the obligations of the Master Servicer with respect to the Mortgage Loans as set forth in Sections 3.01, 3.02, 3.03, 3.08, 3.11 and 3.20 of the Pooling and Servicing Agreement and the Master Servicer shall have the same rights with respect to the Primary Servicer that the Trustee, the Sellers, the Depositor and the Certificateholders have with respect to the Master Servicer under the Pooling and Servicing Agreement, except to the extent otherwise set forth herein. The addendum attached hereto as Exhibit R which addresses certain timing and related matters (the "Timing Addendum") is hereby incorporated by reference as if fully set forth herein. Any conflict between the provisions of the main body of this Agreement and the Timing Addendum shall be resolved in favor of the Timing Addendum. The Primary Servicer shall promptly notify the Master Servicer of any significant events which become known to Primary Servicer affecting the Mortgage Loans, the related Borrower or related Mortgaged Property, such as a payment default, a bankruptcy, a judicial lien or casualty event, and the Primary Servicer shall also promptly advise the Master Servicer of all material collection and customer service issues and, if requested, shall furnish the Master Servicer with copies of any correspondence or other documents in the possession of the Primary Servicer related to any such matter. If litigation is instituted with respect to a Mortgage Loan, the Primary Servicer, if aware of such litigation, shall notify the Master Servicer immediately as to the status of the litigation related to such Mortgage Loan and shall, when reasonably required or requested by the Master Servicer, provide to the Master Servicer copies of all pertinent information in the Primary Servicer's possession related to such litigation, including, without limitation, copies of related servicing documents. Under no circumstance shall the Primary Servicer make or have an obligation to make any Advances.

Related to Primary Servicer to Service

  • Servicer to Act as Administrator In the event of the resignation or removal of the Administrator and the failure of a successor Administrator to have been appointed and to have accepted such appointment as successor Administrator, the Servicer shall become the successor Administrator and shall be bound by the terms of the Administration Agreement.

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