CONCERNING THE TRUSTEE AND THE CUSTODIAN Sample Clauses

CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee......................................... Section 8.02 Administration of the Servicer................................ Section 8.03 Certain Matters Affecting the Trustee and the Custodian....... Section 8.04 Trustee and Custodian Not Liable for Certificates or Mortgage Loans................................................ Section 8.05 Trustee May Own Certificates.................................. Section 8.06 Trustee's Fees and Expenses................................... Section 8.07 Eligibility Requirements for the Trustee...................... Section 8.08 Resignation and Removal of the Trustee........................ Section 8.09
AutoNDA by SimpleDocs
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian. The Trustee, before the occurrence of an Event of Default and after the curing of all Events of Default that may have occurred, shall undertake to perform such duties and only such duties as are specifically set forth in this Agreement. In case an Event of Default has occurred and remains uncured, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person's own affairs. The Trustee and the Custodian, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee or the Custodian, as applicable, that are specifically required to be furnished pursuant to any provision of this Agreement shall examine them to determine whether on their face they are in the form required by this Agreement or with respect to the documents in the Custodial File, whether they satisfy the review criteria set forth in Section 2.02. Neither the Trustee nor the Custodian shall be responsible for the accuracy or content of any resolution, certificate, statement, opinion, report, document, order, or other instrument. No provision of this Agreement shall be construed to relieve the Trustee or the Custodian from liability for its own negligent action, its own negligent failure to act or its own bad faith or willful misfeasance; provided, however, that:
CONCERNING THE TRUSTEE AND THE CUSTODIAN. 124 Section 9.01
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian.......................76 Section 8.02
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian...................................................78 Section 8.02 Custodial Responsibilities................................................................79 Section 8.03 Certain Matters Affecting the Trustee and the Custodian...................................79 Section 8.04 Trustee and Custodian Not Liable for Certificates or Mortgage Loans.......................81 Section 8.05 Trustee May Own Certificates..............................................................81 Section 8.06 Trustee's Fees and Expenses...............................................................82 Section 8.07 Eligibility Requirements for the Trustee..................................................82 Section 8.08 Resignation and Removal of the Trustee....................................................83 Section 8.09 Successor Trustee.........................................................................84 Section 8.10 Merger or Consolidation of the Trustee or the Custodian...................................84 Section 8.11 Appointment of Co-Trustee or Separate Trustee.............................................84 Section 8.12
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian 69 Section 8.02 [Reserved] 70 Section 8.03 Certain Matters Affecting the Trustee and the Custodian 70 Section 8.04 Trustee and Custodian Not Liable for Certificates or Mortgage Loans 71 Section 8.05 Trustee May Own Certificates 72 Section 8.06 Trustee’s Fees and Expenses 72 Section 8.07 Eligibility Requirements for the Trustee 73 Section 8.08 Resignation and Removal of the Trustee 73 Section 8.09 Successor Trustee 74 Section 8.10 Merger or Consolidation of the Trustee or Custodian 75 Section 8.11 Appointment of Co-Trustee or Separate Trustee 75 Section 8.12 Tax Matters 76 Section 8.13 [Reserved] 79 Section 8.14 [Reserved] 79 Section 8.15 [Reserved] 79 Section 8.16 Custodial Responsibilities 79
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian 40 Section 8.02 [Reserved] 41 Section 8.03 Certain Matters Affecting the Trustee and the Custodian 41 Section 8.04 Trustee and Custodian Not Liable for Certificates or Mortgage Loans 42 Section 8.05 Trustee May Own Certificates 43 Section 8.06 Trustee’s Fees and Expenses 43 Section 8.07 Eligibility Requirements for the Trustee 44 Section 8.08 Resignation and Removal of the Trustee 44 Section 8.09 Successor Trustee 45 Section 8.10 Merger or Consolidation of the Trustee or the Custodian 45 Section 8.11 Appointment of Co-Trustee or Separate Trustee 46 Section 8.12 Tax Matters 47 Section 8.13 [Reserved] 50 Section 8.14 Tax Classification of the Excess Reserve Fund Account 50 Section 8.15 Tax Classification of the Excess Reserve Fund Account Error! Bookmark not defined. Section 8.16 Custodial Responsibilities 51
AutoNDA by SimpleDocs
CONCERNING THE TRUSTEE AND THE CUSTODIAN. Section 8.01 Duties of the Trustee and the Custodian. 43 Section 8.02 [Reserved] 44 Section 8.03 Certain Matters Affecting the Trustee and the Custodian. 44 Section 8.04 Trustee and Custodian Not Liable for Certificates or Mortgage Loans 46 Section 8.05 Trustee May Own Certificates. 46 Section 8.06 Trustee’s Fees and Expenses. 46 Section 8.07 Eligibility Requirements for the Trustee. 47 Section 8.08 Resignation and Removal of the Trustee. 48 Section 8.09 Successor Trustee. 48 Section 8.10 Merger or Consolidation of the Trustee or the Custodian. 49 Section 8.11 Appointment of Co-Trustee or Separate Trustee. 49 Section 8.12 Tax Matters. 50 Section 8.13 [Reserved] 53 Section 8.14 Tax Classification of the Excess Reserve Fund Account and the Interest Rate Swap Agreement. 54 Section 8.15 [Reserved] 54 Section 8.16 Custodial Responsibilities. 54 ARTICLE IX
CONCERNING THE TRUSTEE AND THE CUSTODIAN 

Related to CONCERNING THE TRUSTEE AND THE CUSTODIAN

  • CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Section 8.1

  • Reports to the Trustee and the Company Not later than fifteen days after each Distribution Date, the Master Servicer shall forward to the Trustee and the Company a statement, certified by a Servicing Officer, setting forth the status of the Custodial Account as of the close of business on such Distribution Date as it relates to the Mortgage Loans and showing, for the period covered by such statement, the aggregate of deposits in or withdrawals from the Custodial Account in respect of the Mortgage Loans for each category of deposit specified in Section 3.07 and each category of withdrawal specified in Section 3.10.

  • Concerning the Trustee and the Securities Administrator Events of Default SECTION 6.01 Duties of Trustee and the Securities Administrator.

  • Concerning the Custodian Section 3.1 Custodian a Bailee and Agent of the Trustee. With respect to each Mortgage Note, Mortgage and other documents constituting each Mortgage File which are delivered to the Custodian, the Custodian is exclusively the bailee and agent of the Trustee and has no instructions to hold any Mortgage Note or Mortgage for the benefit of any person other than the Trustee and the Certificateholders and undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. Except upon compliance with the provisions of Section 2.5 of this Agreement, no Mortgage Note, Mortgage or other document constituting a part of a Mortgage File shall be delivered by the Custodian to the Company or the Master Servicer or otherwise released from the possession of the Custodian. The Master Servicer shall promptly notify the Custodian in writing if it shall no longer be a member of MERS, or if it otherwise shall no longer be capable of registering and recording Mortgage Loans using MERS. In addition, the Master Servicer shall (i) promptly notify the Custodian in writing when a MERS Mortgage Loan is no longer registered with and recorded under MERS and (ii) concurrently with any such deregistration of a MERS Mortgage Loan, prepare, execute and record an original assignment from MERS to the Trustee and deliver such assignment to the Custodian.

  • Certain Matters Affecting the Trustee and the Trust Administrator (a) Except as otherwise provided in Section 8.01:

  • Certain Matters Affecting the Trustee and the Certificate Administrator (a) Except as otherwise provided in Section 8.01 of this Agreement:

  • THE SERVICER AND THE DEPOSITOR SECTION 6.01 Liability of the Servicer and the Depositor.

  • The Trustee and the Collateral Agent Neither the Trustee nor the Collateral Agent make any representation or warranty as to the validity or sufficiency of this Supplemental Indenture or with respect to the recitals contained herein, all of which recitals are made solely by the other parties hereto.

  • THE DEPOSITOR AND THE SERVICER Section 7.01 Respective Liabilities of the Depositor and the Servicer...... Section 7.02 Merger or Consolidation of the Depositor or the Servicer...... Section 7.03 Limitation on Liability of the Depositor, the Servicer and Others.................................................. Section 7.04 Depositor and Servicer Not to Resign.........................

  • Certain Matters Affecting the Trustee and the Securities Administrator Except as otherwise provided in Section 6.01:

Time is Money Join Law Insider Premium to draft better contracts faster.