Common use of Appointment as Custodian Clause in Contracts

Appointment as Custodian. Subject to the terms and conditions hereof, the Depositors and the Trustee (for the benefit of the Certificateholders), as their interests may appear, hereby appoint BankBoston, N.A., and BankBoston, N.A., hereby accepts such appointment, as Custodian to maintain custody of the Mortgage Files during such time as each such Person is a Mortgage Holder. The Servicer shall be liable for all of the Custodian's fees and expenses under this Agreement.

Appears in 4 contracts

Samples: Custodial Agreement (Eqcc Asset Backed Corp), Custodial Agreement (Eqcc Asset Backed Corp), Custodial Agreement (Eqcc Asset Backed Corp)

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