Other Basic Documents. Each of the Indenture Trustee and Securities Administrator is hereby authorized and directed to execute and deliver the Sale and Servicing Agreement, the Servicing Agreement and any other Basic Documents (other than this Indenture) naming it as a party. Neither the Indenture Trustee nor the Securities Administrator shall be responsible for the sufficiency of the terms of any of the Basic Documents. In entering into and acting under the other Basic Documents, each of the Indenture Trustee and Securities Administrator shall be entitled to all of the rights, immunities, indemnities and other protections set forth in this Article VI.
Appears in 3 contracts
Sources: Indenture (Peoples Choice Home Loan Securities Trust Series 2005-4), Indenture (Peoples Choice Home Loan Securities Trust Series 2005-2), Indenture (Peoples Choice Home Loan Securities Trust Series 2005-3)