Administration of Liquidating Trust Assetsarticle Vadministration of Trust Assets Sample Clauses

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Administration of Liquidating Trust Assetsarticle Vadministration of Trust Assets 

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Related to Administration of Liquidating Trust Assetsarticle Vadministration of Trust Assets

• Administration of the Trust Fund Section 4.01

• Administration of the Trust Section 3.01

• Administration and Servicing of the Trust Fund Section 3.01 Master Servicer to Act as Master Servicer; Special

• Sale of Trust Assets (a) [Intentionally Omitted].

• Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

• Protection of Trust Estate The Issuer will from time to time execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and will take such other action necessary or advisable to:

• Termination of Trust Agreement Section 9.01.

• Compensation of Trustee Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

• Administration of the Contributions 1.1. The Bank shall be responsible only for performing those functions specifically set forth in this Agreement and shall not be subject to any other duties or responsibilities to the Donors, including, without limitation, any duties or obligations that might otherwise apply to a fiduciary or trustee under general principles of trust or fiduciary law. Nothing in this Agreement shall be considered a waiver of any privileges or immunities of the IBRD and XXX under their Articles of Agreement or any applicable law, all of which are expressly reserved.

• Administration and Collection SECTION 6.01.