Custodial Agreement definition

Custodial Agreement. An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

Custodial Agreement. The agreement governing the retention of the originals of each Mortgage Note, Mortgage, Assignment of Mortgage and other Mortgage Loan Documents.

Custodial Agreement. Each custodial agreement attached as Exhibit K hereto, and any custodial agreement subsequently executed by the Trustee substantially in the form thereof.

Examples of Custodial Agreement in a sentence

• This Custodial Agreement shall be construed, administered and enforced according to the law of the State of Delaware, except to the extent preempted by XXXXX.

• In the event of any conflict between the terms of the Plan and the terms of this Custodial Agreement, the terms of the Custodial Agreement shall control with respect to the obligations, duties and liability of the Custodian.

• This Custodial Agreement shall be binding upon, and inure to the benefit of, the Employer, the Participant and the Custodian and their respective successors and permitted assigns.

• Neither “leased employees” within the meaning of Code Section 414(n) or (o), nor independent contractors shall be considered to be Employees for purposes of this Custodial Agreement.

• The Custodian shall maintain the Account in accordance with the terms of this Custodial Agreement and shall hold and administer the assets in the Account, including any gains or income from the investment thereof.

More Definitions of Custodial Agreement

Custodial Agreement. The Custodial Agreement, if any, from time to time in effect between the Custodian named therein, the Seller, the Master Servicer and the Trustee, substantially in the form of Exhibit E hereto, as the same may be amended or modified from time to time in accordance with the terms thereof.

Custodial Agreement. The custodial agreement, if any, from time to time in effect between the Custodian named therein (if other than the Certificate Administrator) and the Certificate Administrator, as the same may be amended or modified from time to time in accordance with the terms thereof. For avoidance of doubt, as of the Closing Date, the Custodian is the Certificate Administrator.

Custodial Agreement in Article I is hereby amended in its entirety to read as follows:

Custodial Agreement means that certain Custodial Agreement dated as of the date hereof among the Servicer, the Borrower, the Lender and the Custodian, together with all instruments, documents and agreements executed in connection therewith, as such Custodial Agreement may from time to time be amended, restated, supplemented and/or otherwise modified in accordance with the terms thereof.

Custodial Agreement. The Custodial Agreement, dated as of April 1, 2005, among the Trustee, the Depositor, the Master Servicer and the Custodian, as amended or supplemented from time to time.

Custodial Agreement means that certain Custodial Agreement dated as of the date hereof, among Seller, Buyer and Custodian as the same may be amended from time to time.

Custodial Agreement. The Custodial Agreement, dated as of February 27, 2006, among the Custodian, the Depositor, the Master Servicer and the Trustee, which agreement is attached hereto as Exhibit E, as the same may be amended or modified from time to time in accordance with the terms thereof.