Concerning the Trustee and the Trust Administrator Sample Clauses

Concerning the Trustee and the Trust Administrator. Section 8.01. Duties of Trustee and Trust Administrator......................... Section 8.02. Certain Matters Affecting the Trustee and the Trust Administrator........................................... Section 8.03. Neither Trustee nor Trust Administrator Required to Make Investigation.................................... Section 8.04. Neither Trustee nor Trust Administrator Liable for Certificates or Mortgage Loans................................ Section 8.05. Trustee and Trust Administrator May Own Certificates.............. Section 8.06. The Master Servicer to Pay Fees and Expenses...................... Section 8.07.
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Concerning the Trustee and the Trust Administrator. SECTION 8.01. Duties of Trustee and Trust Administrator............................................103 SECTION 8.02. Certain Matters Affecting the Trustee and the Trust Administrator....................104 SECTION 8.04. Trustee and Trust Administrator May Own Certificates. ..............................106 SECTION 8.05. Trustee's and Trust Administrator's Fees and Expenses. ..............................106 SECTION 8.06. Eligibility Requirements for Trustee and Trust Administrator. .......................106 SECTION 8.07. Resignation and Removal of the Trustee and the Trust Administrator ..............................................................107 SECTION 8.08. Successor Trustee or Trust Administrator.............................................108 SECTION 8.09. Merger or Consolidation of Trustee...................................................109 SECTION 8.10. Appointment of Co-Trustee or Separate Trustee........................................109 SECTION 8.11. Appointment of Office or Agency......................................................110 SECTION 8.12. Representations and Warranties.......................................................110
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Concerning the Trustee and the Trust Administrator. SECTION 8.01. Duties of Trustee and Trust Administrator.
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Concerning the Trustee and the Trust Administrator. Section 8.01. Duties of Trustee and the Trust Administrator................ Section 8.02. Certain Matters Affecting the Trustee and the Trust Administrator............................................... Section 8.03. Neither Trustee nor Trust Administrator Liable for Certificates or Mortgage Loans.............................. Section 8.04. Trustee and Trust Administrator May Own Certificates......... Section 8.05. Expenses of the Trustee and Trust Administrator.............. Section 8.06. Eligibility Requirements for Trustee and Trust Administrator............................................... Section 8.07. Resignation and Removal of Trustee or the Trust Administrator............................................... Section 8.08. Successor Trustee; Successor Trust Administrator............. Section 8.09.
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Concerning the Trustee and the Trust Administrator. Section 8.01 Duties of Trustee and the Trust Administrator Section 8.02 Certain Matters Affecting the Trustee and the Trust Administrator Section 8.03 Neither Trustee nor Trust Administrator Required to Make Investigation Section 8.04 Neither Trustee nor Trust Administrator Liable for Certificates or Mortgage Loans Section 8.05 Trustee and Trust Administrator May Own Certificates Section 8.06 The Master Servicer to Pay Fees and Expenses Section 8.07 Eligibility Requirements Section 8.08 Resignation and Removal Section 8.09 Successor Section 8.10 Merger or Consolidation Section 8.11 Authenticating Agent Section 8.12 Separate Trustees and Co-Trustees Section 8.13 Appointment of Custodians Section 8.14
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Concerning the Trustee and the Trust Administrator 
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Related to Concerning the Trustee and the Trust Administrator

  • CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Section 8.1

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

  • Duties of the Trustee and the Certificate Administrator (a) The Trustee, prior to the occurrence of a Servicer Termination Event of which a Responsible Officer of the Trustee has actual knowledge and after the curing or waiver of all Servicer Termination Events which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement and no permissive right of the Trustee shall be construed as a duty. During the continuance of a Servicer Termination Event of which a Responsible Officer of the Trustee has actual knowledge, the Trustee, subject to the provisions of Section 7.02 and Section 7.04 of this Agreement, shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. The Certificate Administrator undertakes to perform at all times such duties and only such duties as are specifically set forth in this Agreement and no permissive right of the Certificate Administrator shall be construed as a duty.

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

  • CONCERNING THE TRUSTEE Section 8.01 Duties of the Trustee........................................ Section 8.02 Certain Matters Affecting the Trustee........................ Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans........ Section 8.04 Trustee May Own Certificates................................. Section 8.05 Trustee's Fees and Expenses.................................. Section 8.06 Eligibility Requirements for the Trustee..................... Section 8.07 Resignation and Removal of the Trustee....................... Section 8.08

  • Duties of Trustee and the Securities Administrator (a) The Trustee, except during the continuance of an Event of Default, and the Securities Administrator each undertake to perform their respective duties and only such duties as are specifically set forth in this Agreement. Any permissive right of the Trustee and the Securities Administrator provided for in this Agreement shall not be construed as a duty of the Trustee or the Securities Administrator, as the case may be. If an Event of Default has occurred and has not otherwise been cured or waived, 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.

  • Rights of the Depositor and the Trustee in Respect of the Master Servicer The Depositor may, but is not obligated to, enforce the obligations of the Master Servicer hereunder and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of the Master Servicer hereunder and in connection with any such defaulted obligation to exercise the related rights of the Master Servicer hereunder; provided that the Master Servicer shall not be relieved of any of its obligations hereunder by virtue of such performance by the Depositor or its designee. Neither the Trustee nor the Depositor shall have any responsibility or liability for any action or failure to act by the Master Servicer nor shall the Trustee or the Depositor be obligated to supervise the performance of the Master Servicer hereunder or otherwise.

  • Rights of the Depositor and the Trustee in Respect of the Servicer The Depositor may, but is not obligated to, enforce the obligations of the Servicer hereunder and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of the Servicer hereunder and in connection with any such defaulted obligation to exercise the related rights of the Servicer hereunder; provided that the Servicer shall not be relieved of any of its obligations hereunder by virtue of such performance by the Depositor or its designee. Neither the Trustee nor the Depositor shall have any responsibility or liability for any action or failure to act by the Servicer nor shall the Trustee or the Depositor be obligated to supervise the performance of the Servicer hereunder or otherwise. Any Subservicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Subservicer in its capacity as such shall be deemed to be between the Subservicer and the Servicer alone, and the Trustee and Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Subservicer except as set forth in Section 3.07. The Servicer shall be solely liable for all fees owed by it to any Subservicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.

  • 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 Owner Trustee 17 Section 7.01 Acceptance of Trusts and Duties............................................................17 Section 7.02 Furnishing of Documents....................................................................19 Section 7.03

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