Article Iii Sample Clauses


ARTICLE III. REPRESENTATIONS AND WARRANTIES


ARTICLE III. SERVICING OF THE MORTGAGE LOANS

ARTICLE III. Directors

ARTICLE III. REPRESENTATIONS AND WARRANTIES; REMEDIES FOR BREACH

ARTICLE III. The Securities

ARTICLE III. Covenants

ARTICLE III. PAYMENT ACCOUNT; PAYING AGENTS


ARTICLE III. Board of Directors

ARTICLE III. Administration and Servicing of Mortgage Loans Section 3.01. Master Servicer. The Master Servicer shall supervise, monitor and oversee the obligation of the Servicers to service and administer their respective Mortgage Loans in accordance with the terms of the applicable Servicing Agreements and shall have full power and authority to do any and all things which it may deem necessary or desirable in connection with such master servicing and administration. In performing its obligations hereunder, the Master Servicer shall act in a manner consistent with Accepted Master Servicing Practices. Furthermore, the Master Servicer shall oversee and consult with each Servicer as necessary from time-to-time to carry out the Master Servicers obligations hereunder, shall receive, review and evaluate all reports, information and other data provided to the Master Servicer by each Servicer and shall cause each Servicer to perform and observe the covenants, obligations and conditions to be performed or observed by such Servicer under its applicable Servicing Agreement. The Master Servicer shall independently and separately monitor each Servicers servicing activities with respect to each related Mortgage Loan, reconcile the results of such monitoring with such information provided in the previous sentence on a monthly basis and coordinate corrective adjustments to the Servicers and Master Servicers records, and based on such reconciled and corrected information, the Master Servicer shall provide such information to the Securities Administrator as shall be necessary in order for it to prepare the statements specified in Section 6.04, and prepare any other information and statements required to be forwarded by the Master Servicer hereunder. The Master Servicer shall reconcile the results of its Mortgage Loan monitoring with the actual remittances of the Servicers as reported to the Master Servicer. The Trustee shall furnish the Servicers and the Master Servicer with any powers of attorney, in substantially the form attached hereto as Exhibit O, and other documents in form as provided to it necessary or appropriate to enable the Servicers and the Master Servicer to service and administer the related Mortgage Loans and REO Property. The Trustee (or Custodian, as its agent) shall provide access to the records and documentation in possession of the Trustee (or Custodian, as its agent) regarding the related Mortgage Loans and REO Property and the servicing thereof to the ...

ARTICLE III. Administration and Servicing of Mortgage Loans