Common use of THE DEPOSITOR AND THE MASTER SERVICER Clause in Contracts

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on Resignation of Master Servicer....................................................88 ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Respective Section 7.01 Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 104 Section 7.02 Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 Limitation ......................104 Section 7.03 Indemnification of the Trustee and the Master Servicer...............................104 Section 7.04 Limitations on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on Resignation ...........................................................................105 Section 7.05 Master Servicer Not to Resign........................................................106 Section 7.06 Successor Master Servicer............................................................106 Section 7.07 Sale and Assignment of Master Servicer....................................................88 Servicing..............................................106 ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91VIII

THE DEPOSITOR AND THE MASTER SERVICER. 87 86 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer.................................87 .............................................. 86 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer.................................87 .............................................. 86 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others........................................................... 87 SECTION 6.4 Limitation on Resignation of Master Servicer....................................................88 ......... 87 ARTICLE VII DEFAULT.............................................................................................................................................. 88 SECTION 7.1 Events of Default................................................................................................................... 88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 ............. 89 SECTION 7.3 Notification to Certificateholders..............................................................91................... 90

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Respective Liabilities Section 6.01 Liability of the Depositor and the Master Servicer.................................87 SECTION 6.2 ............VI-1 Section 6.02 Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 .....................................................VI-1 Section 6.03 Limitation on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on ..........................................VI-1 Section 6.04 Resignation of the Master Servicer....................................................88 ............................VI-2 Section 6.05 Compensation to the Master Servicer...........................VI-3 Section 6.06 Assignment or Delegation of Duties by Master Servicer.........VI-3 Section 6.07 Indemnification of Trustee and Depositor by Master Servicer.....................................................VI-4 Section 6.08 Master Servicer Errors and Omissions Policy...................VI-4 ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91VII

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Respective Section 7.01 Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 .........................- 105 - Section 7.02 Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 Limitation ..............- 105 - Section 7.03 Indemnification of the Trustee and the Master Servicer.......................- 105 - Section 7.04 Limitations on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on Resignation of .........................................................- 106 - Section 7.05 Master Servicer Not to Resign................................................- 107 - Section 7.06 Successor Master Servicer....................................................88 - 107 - Section 7.07 Sale and Assignment of Master Servicing......................................- 107 - ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91VIII

THE DEPOSITOR AND THE MASTER SERVICER. .... 87 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer................................................................ 87 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer................................................................. 87 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others..................................... 87 SECTION 6.4 Limitation on Resignation of Master Servicer........................................................................................... 88 ARTICLE VII DEFAULT..................................................................................................................................... 88 SECTION 7.1 Events of Default.......................................................................................................... 88 SECTION 7.2 Trustee to Act; Appointment of Successor..................................................................................................... 90 SECTION 7.3 Notification to Certificateholders........................................................................ 91

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 86 Section 6.01. Respective Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 ........................................86 Section 6.02. Merger or Consolidation of the Depositor or the Master Servicer.................................; Assignment of Rights and Delegation of Duties by Master Servicer................87 SECTION 6.3 Section 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others.....................................................87 SECTION 6.4 Limitation on Resignation of Section 6.04. Depositor and Master Servicer....................................................Servicer Not to Resign............88 ARTICLE VII DEFAULT........................................................................................................................................................88 SECTION 7.1 Section 7.01. Events of Default.....................................................................................................................88 SECTION 7.2 Section 7.02. Trustee or Depositor to Act; Appointment of Successor......................................................................................................90 SECTION 7.3 Section 7.03. Notification to Certificateholders...................................................................................91 Section 7.04. Waiver of Events of Default............................91

THE DEPOSITOR AND THE MASTER SERVICER. 87 81 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer.................................87 ...................................81 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer.................................87 ...................................81 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others........................87 ..........................82 SECTION 6.4 Limitation on Resignation of Master Servicer....................................................88 ......................................................82 ARTICLE VII DEFAULT...............................................................................................88 ..............................................................................................83 SECTION 7.1 Events of Default...............................................................................88 .................................................................................83 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 ..........................................................85 SECTION 7.3 Notification to Certificateholders..............................................................91................................................................86

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Respective Section 7.01 Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 Servicer ........................................... 126 Section 7.02 Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 Limitation Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on Resignation Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment of Master Servicer....................................................88 Servicing ........................................................ 128 ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91VIII

THE DEPOSITOR AND THE MASTER SERVICER. 87 SECTION 6.1 Section 6.01. Respective Liabilities of the Depositor and the Master Servicer.................................87 SECTION 6.2 .....-94- Section 6.02. Merger or Consolidation of the Depositor or the Master Servicer.................................87 SECTION 6.3 ; Assignment of Rights and Delegation of Duties by Master Servicer...............-94- Section 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others........................87 SECTION 6.4 Limitation on Resignation of Others ...................................................................-95- Section 6.04. Depositor and Master Servicer....................................................88 Servicer Not to Resign.........................-95- ARTICLE VII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 DEFAULT Section 7.02. Trustee or Depositor to Act; Appointment of Successor........................................................90 SECTION 7.3 ...............-98- Section 7.03. Notification to Certificateholders..............................................................91.................................-100- Section 7.04. Waiver of Events of Default........................................-100- ARTICLE VIII

THE DEPOSITOR AND THE MASTER SERVICER. 87 76 SECTION 6.1 7.01. Respective Liabilities of the Depositor and the Master Servicer.................................87 ...........................76 SECTION 6.2 7.02. Merger or Consolidation of the Depositor or the Master Servicer.................................87 ...........................76 SECTION 6.3 7.03. Limitation on Liability of the Depositor, the Master Servicer and Others........................87 ..................77 SECTION 6.4 Limitation on Resignation of 7.04. Depositor and Master Servicer....................................................88 Servicer Not to Resign...............................................77 ARTICLE VII VIII DEFAULT...............................................................................................88 .............................................................................................................78 SECTION 7.1 8.01. Events of Default...............................................................................88 .........................................................................78 SECTION 7.2 8.02. Remedies of Trustee.......................................................................79 SECTION 8.03. Directions by Certificateholders and Duties of Trustee to Act; Appointment During Event of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91Default............79