Concerning the Trustee and the Securities Administrator Events of Default Sample Clauses

Concerning the Trustee and the Securities Administrator Events of Default. SECTION 6.01 Duties of Trustee and the Securities Administrator.
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Concerning the Trustee and the Securities Administrator Events of Default. .. 68 Section 6.01. Duties of Trustee and Securities Administrator........................ 68 Section 6.02. Certain Matters Affecting the Trustee and the Securities Administrator......................................................... 70 Section 6.03. Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans........................................................ 72 Section 6.04. Trustee and Securities Administrator May Own Certificates............. 72 Section 6.05. Eligibility Requirements for Trustee and Securities Administrator..... 72 Section 6.06. Resignation and Removal of Trustee and Securities Administrator....... 73 Section 6.07. Successor Trustee or Successor Securities Administrator............... 73 Section 6.08. Merger or Consolidation of Trustee or Securities Administrator........ 74 Section 6.09. Appointment of Co-Trustee, Separate Trustee or Custodian.............. 74 Section 6.10. Authenticating Agents................................................. 76 Section 6.11. Indemnification of Trustee and Securities Administrator............... 77 Section 6.12. Fees and Expenses of the Trustee and Securities Administrator......... 77 Section 6.13. Collection of Monies.................................................. 77
Concerning the Trustee and the Securities Administrator Events of Default. ...62 Section 6.01 Duties of Trustee and the Securities Administrator...........................62 Section 6.02 Certain Matters Affecting the Trustee and the Securities Administrator.......65 Section 6.03 Trustee and Securities Administrator Not Liable for Certificates.............67 Section 6.04 Trustee and the Securities Administrator May Own Certificates................67 Section 6.05
Concerning the Trustee and the Securities Administrator Events of Default 

Related to Concerning the Trustee and the Securities Administrator Events of Default

  • CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Section 8.1

  • Certain Matters Affecting the Trustee and the Securities Administrator Except as otherwise provided in Section 6.01:

  • Duties of Trustee and the Securities Administrator (a) The Trustee, except during the continuance of an Event of Default, and the Securities Administrator each undertake to perform their respective duties and only such duties as are specifically set forth in this Agreement. Any permissive right of the Trustee and the Securities Administrator provided for in this Agreement shall not be construed as a duty of the Trustee or the Securities Administrator, as the case may be. If an Event of Default has occurred and has not otherwise been cured or waived, the Trustee shall exercise such of the rights and powers vested in it by this Agreement and use the same degree of care and skill in their exercise as a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own affairs.

  • Resignation and Removal of Trustee and the Securities Administrator (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving 60 days’ written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, and one copy to the Master Servicer. If no successor trustee or successor securities administrator shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or successor securities administrator, as applicable. In the case of any such resignation by the Securities Administrator, if no successor securities administrator shall have been appointed and shall have accepted appointment within 60 days after the Securities Administrator ceases to be the Securities Administrator pursuant to this Section 6.06, then the Trustee shall perform the duties of the Securities Administrator pursuant to this Agreement and shall be entitled to the fees of the Securities Administrator for so long as the Trustee performs such duties; provided, however, that the Trustee may engage a qualified entity to perform the duties of the Securities Administrator under Sections 6.21, 6.22, 6.23, 6.24 and 11.16 of this Agreement. The successor trustee shall notify each Rating Agency through the Rule 17g-5 Information Provider, the Servicers, the Servicing Administrator and the Master Servicer of any change of Trustee and the successor securities administrator shall notify each Rating Agency through the Rule 17g-5 Information Provider, the Servicers, the Servicing Administrator and the Master Servicer of any change of Securities Administrator.

  • Remedies of the Trustee and Securityholders on Event of Default SECTION 5.1 Event of Default Defined; Acceleration of Maturity; Waiver of Default. "

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