Administration and Servicing Certain Covenants Sample Clauses

The "Administration and Servicing; Certain Covenants" clause defines the responsibilities and obligations of parties involved in managing and servicing an agreement or asset, such as a loan or trust. It typically outlines the standards and procedures for ongoing administration, including record-keeping, reporting, and compliance with specified covenants or promises. For example, the clause may require the servicer to maintain accurate records, provide regular updates to stakeholders, and adhere to certain operational or financial standards. Its core function is to ensure that the asset or agreement is managed properly and that all parties fulfill their ongoing commitments, thereby reducing the risk of mismanagement or default.
Administration and Servicing Certain Covenants. 46 SECTION 6.01 Appointment and Designation of the Servicer............. 46 SECTION 6.02 Collection of Certain Pledged Receivable Payments....... 47 SECTION 6.03
Administration and Servicing Certain Covenants. 113 SECTION 6.01 Appointment and Designation of the Servicer..113 SECTION 6.02 Collection of Receivable Payments; Modification and Amendment of Receivables....115 SECTION 6.03 Realization Upon Receivables.................116 SECTION 6.04 Insurance Regarding Intervals................116 SECTION 6.05 Maintenance of Security Interests in Intervals....................................117 SECTION 6.06 Pledged Receivable Receipts..................118 SECTION 6.07 [Intentionally omitted]......................118 SECTION 6.08 Unidentified Payments; Lender's Right of Presumption..................................118 SECTION 6.09 No Rights of Withdrawal......................118 SECTION 6.10
Administration and Servicing Certain Covenants. 63 SECTION 6.01 Appointment and Designation of the Servicer ....
Administration and Servicing Certain Covenants 

Related to Administration and Servicing Certain Covenants

  • Administration and Servicing OF MORTGAGE LOANS

  • Administration and Servicing of Contracts 43 SECTION 3.01

  • ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS Master Servicer to Act as Master Servicer; Administration of the Mortgage Loans; Sub-Servicing Agreements; Outside Serviced Mortgage Loans 175 Section 3.02 Liability of the Master Servicer and the Special Servicer 189 Section 3.03 Collection of Certain Mortgage Loan Payments 189 Section 3.04 Collection of Taxes, Assessments and Similar Items; Escrow Accounts 191

  • Pooling and Servicing Agreement The Pooling and Servicing Agreement, dated as of June 1, 2003, among Bear ▇▇▇▇▇▇▇ Asset Backed Securities Inc., as depositor, EMC Mortgage Corporation, as seller and servicer, ▇▇▇▇▇ Fargo Bank, National Association, as master servicer and securities administrator and JPMorgan Chase Bank, as trustee, as amended.

  • Administration and Servicing of Receivables Prior to the Certificate Trust Termination Date, the Receivables shall be serviced as provided in the Pooling and Servicing Agreement, and this ARTICLE III will have no effect. On and after the Certificate Trust Termination Date: