Common use of DUTIES WITH RESPECT TO THE INDENTURE AND DEPOSITORY AGREEMENTS Clause in Contracts

DUTIES WITH RESPECT TO THE INDENTURE AND DEPOSITORY AGREEMENTS. The Master Servicer shall perform all its duties and the duties of the Issuer under the Depository Agreements. In addition, the Master Servicer shall consult with the Owner Trustee as the Master Servicer deems appropriate regarding the duties of the Issuer under the Indenture and the Depository Agreements. The Master Servicer shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the Issuer's duties under the Indenture and the Depository Agreements. The Master Servicer shall prepare for execution by the Issuer or shall cause the preparation by other appropriate Persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture and the Depository Agreements. In furtherance of the foregoing, the Master Servicer shall take all appropriate action that is the duty of the Issuer to take pursuant to the Indenture.

Appears in 2 contracts

Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc), Master Servicing Agreement (Structured Asset Mortgage Investments Inc)

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DUTIES WITH RESPECT TO THE INDENTURE AND DEPOSITORY AGREEMENTS. The Master Servicer shall perform all its duties and the duties of the Issuer under the Depository Agreements. In addition, the Master Servicer shall consult with the Owner Trustee as the Master Servicer deems appropriate regarding the duties of the Issuer under the Indenture and the Depository Agreements. The Master Servicer shall monitor the performance of the Issuer and shall advise provide notice to the Owner Trustee when action is necessary to comply with the Issuer's duties under the Indenture and the Depository Agreements. The Master Servicer shall prepare for execution by the Issuer or shall cause the preparation by other appropriate Persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture and the Depository Agreements. In furtherance of the foregoing, the Master Servicer shall take all appropriate action that is the duty of the Issuer to take pursuant to the Indenture.

Appears in 2 contracts

Samples: Form of Sale and Servicing Agreement (Mellon Auto Receivables Corp), Sale and Servicing Agreement (Barnett Auto Receivables Corp)

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DUTIES WITH RESPECT TO THE INDENTURE AND DEPOSITORY AGREEMENTS. The Master Servicer shall perform all its duties and the duties of the Issuer under the Depository Agreements. In addition, the Master Servicer shall consult with the Owner Trustee as the Master Servicer deems appropriate regarding the duties of the Issuer under the Indenture and the Depository Agreements. The Master Servicer shall monitor the performance of the Issuer and shall advise the Owner Trustee when action is necessary to comply with the Issuer's ’s duties under the Indenture and the Depository Agreements. The Master Servicer shall prepare for execution by the Issuer or shall cause the preparation by other appropriate Persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Issuer to prepare, file or deliver pursuant to the Indenture and the Depository Agreements. In furtherance of the foregoing, the Master Servicer shall take all appropriate action that is the duty of the Issuer to take pursuant to the Indenture.

Appears in 1 contract

Samples: Master Servicing Agreement (Gs Mortgage Securities Corp)

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