Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.
Section 1. 5 (Interpretation) of the Credit Agreement is applicable to this Agreement as and to the extent set forth therein.
Section 1. 1. 18 The District hereby recognizes the Association as the exclusive representative of all employees in the 20 representing the interests of all such employees.
Section 1. 1 of the Financing Agreement is hereby amended by the addition of the following new definitions, in their proper alphabetical order, to provide in their respective entireties as follows:
Section 1. 02. The following definitions are hereby added or amended and restated in its entirety as follows:
Section 1. 1(a) of the Loan Agreement is hereby amended and restated to read in its entirety as follows:
Section 1. 1 of the Agreement (which appears in the Agreement Terms and Conditions) is hereby amended by amending and restating the following defined terms in their entirety to read as follows:
Section 1. 6. Tax Classification; Requirement of Separate Books and Records and Segregation of Assets and Liabilities........................................3 SECTION 1.7. Title to Assets; Transactions..........................3
Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan or the Serviced Pari Passu Companion Loan, to the extent the application is not governed by the express provisions of the related Mortgage Note or Mortgage, shall be made by the Master Servicer in accordance with Section 1.02(d) of the Pooling and Servicing Agreement.
Section 1. Section 1 of the Existing Agreement is hereby amended and restated to read in its entirety as follows: