Examples of Asset Documents in a sentence
The Servicer will not (i) place, or (ii) knowingly (including for this purpose any knowledge that the Servicer would have obtained if it had complied with the Servicing Standard) permit (voluntarily or involuntarily) to be placed, or to exist, any Lien on any of the Assets, the Collateral, the Asset Documents, or the Asset Proceeds, except for, in the case of Collateral or Acquired Property, such Permitted Liens as the Manager may permit from time to time.
Except as otherwise directed by the Manager, the Servicer will (and will cause each Subservicer to) deposit into the applicable Escrow Account on a daily basis, within two Business Days of receipt, all Escrow Payments and all other amounts required to be deposited in such Escrow Account pursuant to the applicable Asset Documents.
The Servicer will pay (or cause the applicable Subservicer to pay) to the Borrowers interest on funds in Escrow Accounts to the extent required by Law or the applicable Asset Documents.
Except as otherwise directed by the Manager, the Servicer must use (and cause each applicable Subservicer to so use) its reasonable best efforts to recover from Borrowers and Obligors all amounts of Servicing Expenses that are advanced by the Servicer (as permitted or required pursuant to the Servicing Obligations) as Servicer Advances to the extent that the Borrowers and Obligors are responsible for such Servicing Expenses under the Asset Documents.