Custodial Duties. The Trustee shall act as collateral agent for the Secured Parties and as custodian for, and take and retain custody of the Collateral Debt Obligation Files delivered by, the Borrower or on its behalf pursuant to Section 5.4 in accordance with the terms and conditions of this Agreement, all for the benefit of the Secured Parties and subject to the Lien thereon in favor of the Secured Parties. Within one Business Day of receipt of any such Collateral Debt Obligation File, the Trustee shall deliver to the Administrative Agent a custodial receipt in form of Exhibit G hereto. Within five Business Days of its receipt of any Collateral Debt Obligation File and the related Collateral Debt Obligation Checklist, the Trustee shall review the related Collateral Debt Obligation Documents to verify that each Collateral Debt Obligation Document listed on the Collateral Debt Obligation Checklist has been received, is executed (where applicable) and has no missing or mutilated pages and that each Underlying Note with respect to each Collateral Debt Obligation (other than a Noteless Collateral Debt Obligation) is an original note, and to confirm (in reliance on the Obligor name and other identifying information listed on the Schedule of Collateral Debt Obligations) that such Collateral Debt Obligation is referenced on the related Schedule of Collateral Debt Obligations and shall, each calendar month on the date which is two Business Days prior to the Reporting Date occurring in such month, deliver to the Administrative Agent a certification in the form of Exhibit H hereto. Except as described in the preceding sentence with respect to Underlying Notes, the Trustee may fulfill its obligations hereunder by accepting and reviewing copies of all Collateral Debt Obligation Documents in a Collateral Debt Obligation File. In order to facilitate the foregoing review by the Trustee, in connection with each delivery of Collateral Debt Obligation Files hereunder to the Trustee, the Servicer shall provide to the Trustee an electronic file in a mutually acceptable electronic format that contains the related Schedule of Collateral Debt Obligations. If, at the conclusion of such review, the Trustee shall determine that any such Collateral Debt Obligation Document is not executed (where applicable), is missing pages or has mutilated pages, that any Underlying Note is not an original as required, that any Collateral Debt Obligation Document listed on the Collateral Debt Obligation Checklist ...
Custodial Duties. ESP employees shall not be required to perform custodial duties outside the scope of the job expectations for their position such as, but not limited to, cleaning floors or furniture, emptying trash, washing bathroom facilities, changing light bulbs, dusting, and wiping desks, when such duties are not directly related to the instructional program, student activity or service they support.
Custodial Duties. (a) The Servicer is hereby appointed as custodian of the documents in each Mortgage File.
Custodial Duties. No teacher or pupil shall be assigned responsibilities normally performed by the custodial staff. Teachers assigned to schools having a Breakfast, Hot Lunch and/or Bag Lunch Program shall not be responsible for custodial duties related to these programs.
Custodial Duties. 5. Bulk delivery of books to classrooms.
Custodial Duties. Employees are individually responsible for the cleaning and/or sanitation of their immediate work area as required. Custodial duties, if required and not in the Position Description, will be rotated fairly and equitably.
Custodial Duties. 8 Section 3.04 Withdrawals from the Custodial Account.................10 Section 3.05 Maintenance of Hazard Insurance; Property Protection Expenses....................................12 Section 3.06 Modification Agreements................................13 Section 3.07 Trust Estate; Related Documents........................13 Section 3.08 Realization upon Defaulted Mortgage Loans..............14 Section 3.09 Management and Sale of REO Property....................15 Section 3.10 Issuer and Indenture Trustee to Cooperate..............15 Section 3.11 Compensation; Payment of Certain Expenses..............16 Section 3.12 Annual Statement as to Compliance......................16 Section 3.13 Annual Servicing Report................................17 Section 3.14 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................17 Section 3.15 Maintenance of Certain Servicing Insurance Policies....17 Section 3.16 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.....................17 Section 3.17 Assignments; Recordings of Assignments.................18 Section 3.18 [Reserved].............................................18 Section 3.19 Funding Account........................................18 Section 3.20 [Reserved].............................................19 Section 3.21 P&I Advances...........................................19 Section 3.22 Transfer of Mortgage Loans.............................20 ARTICLE IV Servicing Certificate........................................21 Section 4.01 Statements to Securityholders..........................21 Section 4.02 Tax Returns and 1934 Act Reports.......................23 ARTICLE V Note Payment Account.........................................23 Section 5.01 Note Payment Account...................................23 ARTICLE VI The Servicer.................................................24 Section 6.01 Liability of the Servicer..............................24 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of, the Servicer...........................24 Section 6.03 Limitation on Liability of the Servicer and Others.....24 Section 6.04 Servicer Not to Resign.................................25 Section 6.05 Delegation of Duties...................................25 Section 6.06 Payment of Indenture Trustee's and Owner Trustee's Fees and Expenses; Indemnification.....................26 ARTICLE VII...
Custodial Duties. 5. Bulk delivery of books to classrooms. Administrators shall use reasonable effort to minimize supervision responsibilities to one hour or less per duty day.
Custodial Duties. (a) In the absence of contrary Instructions, the Custodian is authorised by the Issuer to, and where applicable, the Custodian shall, carry out the following actions in relation to the Securities Collateral:
Custodial Duties. Except in emergency situations, teacher will not be expected to perform custodial duties for any student; e.g., diapering, toileting, or lifting.
