CUSTODIAN AS CUSTODIAN AND AGENT OF INDENTURE TRUSTEE Sample Clauses

CUSTODIAN AS CUSTODIAN AND AGENT OF INDENTURE TRUSTEE. The Indenture Trustee hereby appoints the Custodian, in its independent corporate capacity, as the custodian and agent of the Indenture Trustee, and the Custodian hereby accepts and agrees to act as custodian and agent for the Indenture Trustee and any successor to or assignee of the Indenture Trustee in accordance with the terms and conditions of this Agreement. With respect to each Contract File delivered to the Custodian, the Custodian is solely and exclusively the custodian and agent for the Indenture Trustee for all purposes including, but not limited to, holding the Contract Files for the Indenture Trustee for purposes of perfection of the Indenture Trustee's security interest therein. The Custodian shall hold in its possession at 0 Xxx Xxxxx Xxxx Xxxx, Xxxxxxxx, XX 00000 or at any other facility specified in writing to the Indenture Trustee, located in the Commonwealth of Massachusetts from which it provides custodial services, all Contract Files received by the Custodian from the Issuers from time to time for the sole and exclusive use and benefit of the Indenture Trustee and, except as otherwise provided herein, shall make disposition thereof only in accordance with the written instructions of the Indenture Trustee. The Custodian shall segregate and maintain continuous custody of all documents constituting Contract Files received by it in secure facilities, equipped with fire detection and fire suppression features, all in accordance with customary standards for such custody.
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  • Custodian and Depository The Trustees may in their discretion from time to time enter into one or more contracts whereby the other party or parties undertakes to act as depository for and to maintain custody of the property of the Trust or any Series or Class and accounting records in connection therewith.

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  • Limitation of Liability of Eligible Lender Trustee and Indenture Trustee A. Notwithstanding anything contained herein to the contrary, this Agreement has been signed by Chase Manhattan Bank USA, National Association, not in its individual capacity but solely in its capacity as Eligible Lender Trustee of the Issuer and in no event shall Chase Manhattan Bank USA, National Association in its individual capacity or, except as expressly provided in the Trust Agreement, as Eligible Lender Trustee have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer or the Eligible Lender Trustee hereunder or in any of the certificates, notices or agreements delivered pursuant hereto as to all of which recourse shall be had solely to the assets of the Issuer.

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

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