Common use of Duties of the Administrator Clause in Contracts

Duties of the Administrator. (a) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related Documents. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related Documents. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and the Owner Trustee under the Related Documents. The Administrator shall prepare for execution by the Issuer or the Owner Trustee, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Documents. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 144 contracts

Samples: Administration Agreement (Honda Auto Receivables 2024-3 Owner Trust), Administration Agreement (Honda Auto Receivables 2024-3 Owner Trust), Administration Agreement (Honda Auto Receivables 2024-2 Owner Trust)

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Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, notices, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsIndenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take (ortake, in the case name and on behalf of the immediately preceding sentenceIssuer, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take take, pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 13 contracts

Samples: Administration Agreement (USAA Auto Owner Trust 2006-1), Administration Agreement (USAA Auto Owner Trust 2006-4), Administration Agreement (Usaa Auto Owner Trust 2005-1)

Duties of the Administrator. (a) Duties with Respect to the Related Agreements. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsAgreements. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and Issuer's or the Owner Trustee Trustee's duties under the Related DocumentsAgreements. The Administrator shall prepare for execution by the Issuer or the Owner Trustee, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsAgreements. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 10 contracts

Samples: Administration Agreement (Mmca Auto Owner Trust 2001-1), Administration Agreement (Mmca Auto Receivables Trust), Administration Agreement (Mmca Auto Receivables Trust)

Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsIndenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take (ortake, in the case name and on behalf of the immediately preceding sentenceIssuer or the Owner Trustee, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take take, if any, pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 9 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P)

Duties of the Administrator. (a) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related Issuer Basic Documents. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related Issuer Basic Documents. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and the Owner Trustee under the Related Issuer Basic Documents. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Issuer Basic Documents. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, including such of the foregoing actions as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 5 contracts

Samples: Administration Agreement (Daimler Retail Receivables LLC), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2015-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2014-1)

Duties of the Administrator. (a) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related Issuer Basic Documents. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related Issuer Basic Documents. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and the Owner Trustee under the Related Issuer Basic Documents. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Issuer Basic Documents. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 4 contracts

Samples: Administration Agreement (Daimler Retail Receivables LLC), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2010-1), Administration Agreement (Mercedes-Benz Auto Receivables Trust 2009-1)

Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsIndenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 3 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Motor Credit Co)

Duties of the Administrator. (a) DUTIES WITH RESPECT TO THE TRUST RELATED AGREEMENTS. The Administrator is authorized and directed to execute and deliver on behalf of the Trust the Basic Documents to which the Trust is a party and each certificate or other document attached as an exhibit to or contemplated by such Basic Documents, to the extent not otherwise executed and delivered by the Trust. The Administrator agrees to perform all its duties as Administrator andAdministrator, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Trust Related DocumentsAgreements and to act as Calculation Agent under the Derivative Products. In addition, the Administrator shall consult with the Owner Delaware Trustee regarding the duties of the Issuer or and the Owner Delaware Trustee under the Trust Related DocumentsAgreements. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Indenture Trustee and the Delaware Trustee when action is necessary to comply with the respective Issuer's duties of the Issuer and the Owner Trustee under the Trust Related DocumentsAgreements. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons or entities of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Trust Related DocumentsAgreements. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters Trust Related Agreements or under the Indenture (references are to Sections of the Indenture):Higher Education Act.

Appears in 3 contracts

Samples: Administration Agreement (Nelnet Student Loan Funding LLC), Administration Agreement (Nelnet Student Loan Funding LLC), Administration Agreement (Nelnet Student Loan Funding LLC)

Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall will consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall will monitor the performance of the Issuer and shall will advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall will prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall will cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall will be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture, the Interest Rate Swap Agreements and the Note Depository Agreement. In furtherance of the foregoing, the Administrator will take, in the name and on behalf of the Issuer or the Owner Trustee, all appropriate action that is the duty of the Issuer or the Owner Trustee to preparetake, file or deliver pursuant to the Related Documents. In furtherance of the foregoingif any, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 3 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

Duties of the Administrator. (a) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related Documents. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related Documents. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and the Owner Trustee under the Related Documents. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Documents. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 2 contracts

Samples: Administration Agreement (Pooled Auto Securities Shelf LLC), Administration Agreement (American Honda Receivables Corp)

Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall will consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall will monitor the performance of the Issuer and shall will advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall will prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall will cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall will be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator will take, in the name and on behalf of the Issuer or the Owner Trustee, all appropriate action that is the duty of the Issuer or the Owner Trustee to preparetake, file or deliver pursuant to the Related Documents. In furtherance of the foregoingif any, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 2 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2004-A), Administration Agreement (Ford Credit Auto Owner Trust 2005-C)

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Duties of the Administrator. (a) Duties with Respect to the Indenture and the Note Depository Agreement. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall will consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall will monitor the performance of the Issuer and shall will advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall will prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall will cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall will be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture, the Interest Rate Swap Agreement and the Note Depository Agreement. In furtherance of the foregoing, the Administrator will take, in the name and on behalf of the Issuer or the Owner Trustee, all appropriate action that is the duty of the Issuer or the Owner Trustee to preparetake, file or deliver pursuant to the Related Documents. In furtherance of the foregoingif any, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 1 contract

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC)

Duties of the Administrator. (a) Duties with Respect to the Related Agreements. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsAgreements. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and Issuer's or the Owner Trustee Trustee's duties under the Related DocumentsAgreements. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsAgreements. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 1 contract

Samples: Administration Agreement (Mmca Auto Receivables Inc)

Duties of the Administrator. (a) Duties with Respect to the Note Depository Agreement, the Sale and Servicing Agreement and the Indenture. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement, the Sale and Servicing Agreement and the Indenture. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective Issuer’s or the Owner Trustee’s duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsIndenture or the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 1 contract

Samples: Administration Agreement (Chrysler Financial Auto Securitization Trust 2010-A)

Duties of the Administrator. (a) Duties with Respect to the --------------------------- -------------------------- Indenture and the Note Depository Agreement. (i) The Administrator agrees to ------------------------------------------- perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsIndenture and the Note Depository Agreement. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective Issuer's duties of under the Issuer Indenture and the Owner Trustee under the Related DocumentsNote Depository Agreement. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons Persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsIndenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take (ortake, in the case name and on behalf of the immediately preceding sentenceIssuer, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take take, pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections sections of the Indenture):

Appears in 1 contract

Samples: Administration Agreement (Bear Stearns Asset Backed Funding Ii Inc)

Duties of the Administrator. (a) Duties with Respect to the Related Agreements. (i) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all the duties of the Issuer and the Owner Trustee under the Related DocumentsNote Depository Agreement. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related DocumentsAgreements. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and Issuer's or the Owner Trustee Trustee's duties under the Related DocumentsAgreements. The Administrator shall prepare for execution by the Issuer or the Owner Trustee, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related DocumentsAgreements. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that is the duty of the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 1 contract

Samples: Administration Agreement (Daimler Benz Vehicle Receivables Corp)

Duties of the Administrator. (a) The Administrator agrees to perform all its duties as Administrator and, except as specifically excluded herein, agrees to perform all and the duties of the Issuer and the Owner Trustee under the Related Documents. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer or the Owner Trustee under the Related Documents. The Administrator shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuer and the Owner Trustee under the Related Documents. The Administrator shall prepare for execution by the Issuer or the Owner TrusteeIssuer, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Documents. In furtherance of the foregoing, the Administrator shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the Issuer or the Owner Trustee is required to take pursuant to the Indenture including, without limitation, including such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the Indenture):

Appears in 1 contract

Samples: Issuer Administration Agreement (Ryder Truck Rental Lt)

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