Administration of REO Properties. In addition to any other terms and conditions set forth herein, in connection with any REO Properties, the Servicer shall, in each case subject to applicable instructions from the Manager and the Servicing Obligations, comply with the following terms and conditions:
Administration of REO Properties. Notwithstanding any other provision of this Agreement to the contrary, in operating, managing, leasing or disposing of any REO Property, Debtor and the Manager shall act in the best interests of Debtor and the members and creditors of Debtor (including the FDIC in its various capacities) in accordance with the Servicing Standards pursuant to the LLC Operating Agreement, in accordance with the specific provisions of the LLC Operating Agreement relating to REO Properties and in general conformance with the Business Plan. Debtor shall furnish to the Collateral Agent such reports regarding the operation, management, leasing or disposition of any REO Property as the Collateral Agent reasonably shall request.
Administration of REO Properties. The following terms and conditions shall be binding on the Company and the Ownership Entities (and on the Manager’s performance of its obligations hereunder) with respect to any REO Properties, in addition to any other terms and conditions concerning the same subject matter set forth in this Agreement and any of the other Transaction Documents:
Administration of REO Properties. In addition to, and not in limitation of, its other covenants pursuant to this Agreement, in operating, managing, leasing or disposing of any Acquired REO Property, the Debtor and the Manager are to act in the best interests of the Debtor and the members and creditors of the Debtor (including the FDIC in its various capacities) in accordance with the Servicing Standards pursuant to the LLC Operating Agreement, in accordance with the specific provisions of the LLC Operating Agreement relating to Acquired REO Properties (including Section 5 of Annex IV of the LLC Operating Agreement), and in general conformance with the Business Plan. The Debtor is to furnish to the PMN Agent such reports regarding the operation, management, leasing or disposition of any Acquired REO Property as the PMN Agent reasonably might request. Section 8.19 [Intentionally Omitted].
Administration of REO Properties. The following terms and conditions shall be binding on each Grantor with respect to any REO Properties that remain part of the Collateral and the Borrowing Base, in addition to any other terms and conditions concerning the same subject matter set forth in this Agreement and any of the other PA Financing Transaction Documents:
