Administration and Servicing of Collateral Sample Clauses
The 'Administration and Servicing of Collateral' clause defines the responsibilities and procedures for managing and maintaining collateral provided under an agreement. It typically outlines who is responsible for holding, monitoring, and taking necessary actions regarding the collateral, such as ensuring its value is preserved, handling insurance, or addressing defaults. This clause ensures that the collateral remains sufficient and properly managed throughout the term of the agreement, thereby protecting the interests of the secured party and reducing the risk of loss.
Administration and Servicing of Collateral. SECTION 8.01
Administration and Servicing of Collateral. SECTION 8.01 Appointment and Designation of the Applicable Servicer 99107 SECTION 8.02 Duties of the Applicable Servicer 101110 SECTION 8.03 Authorization of the Portfolio Asset Servicer 105113 SECTION 8.04 Collection of Payments; Accounts 106114 SECTION 8.05 Realization Upon Portfolio Assets 107116 SECTION 8.06 Calculation Agent Compensation 109118 SECTION 8.07 Payment of Certain Expenses by Portfolio Asset Servicer 109118 SECTION 8.08 Reports to the Administrative Agent Account Statements; Servicing Information 109118
Administration and Servicing of Collateral. 90 Section 8.01 Appointment and Designation of the Applicable Servicer ........................... 90 Section 8.02 Duties of the Applicable Servicer ................................................................. 92 Section 8.03 Authorization of the Portfolio Asset Servicer ............................................... 96 Section 8.04 Collection of Payments; Accounts ................................................................ 96 Section 8.05 Realization Upon Portfolio Assets ................................................................ 98 Section 8.06 Calculation Agent Compensation ................................................................. 99 Section 8.07 Payment of Certain Expenses by Portfolio Asset Servicer .........................
Administration and Servicing of Collateral. Reports to the Administrative Agent; Account Statements; Servicing Information 133 Section 6.09 Annual Statement as to Compliance 136 Section 6.10 Annual Independent Public Accountant’s Collateral Manager 136 Section 6.11 The Collateral Manager Not to Resign 137 Section 6.12 Collateral Manager Termination Events 137 ARTICLE VII.
Administration and Servicing of Collateral. OBLIGATIONS Section 7.1 Retention and Termination of the Servicer 61 Section 7.2 Resignation and Removal of the Servicer; Appointment of Successor Servicer. 61 Section 7.3 Duties of the Servicer 62 Section 7.4 Representations and Warranties of the Servicer. 707063 Section 7.5 Covenants of the Servicer and Equityholder. 66 Section 7.6 Servicing Fees; Payment of Certain Expenses by Servicer. 777769 Section 7.7 Collateral Reporting 777769 Section 7.8 Notices. 777869 Section 7.9 Procedural Review of Collateral Obligations; Access to Servicer and Servicer’s Records. 70 Section 7.10 Optional Sales. 70 Section 7.11 Repurchase or Substitution of Warranty Collateral Obligations. 808072 Section 7.12 Servicing of REO Assets. 808172 ARTICLE VIII ACCOUNTS; PAYMENTS
Administration and Servicing of Collateral. ASSETS Section 6.01 Appointment and Designation of the Collateral Manager ................................126 Section 6.02 Activities of the Collateral Manager .................................................................128 Section 6.03 Authorization of the Collateral Manager ..........................................................129 Section 6.04 Collection of Payments; Accounts ....................................................................130 Section 6.05 Realization Upon Collateral Assets ..................................................................133 Section 6.06 Collateral Manager Compensation ...................................................................133 Section 6.07 Payment of Certain Expenses by Collateral Manager ......................................133 Section 6.08 Reports to the Administrative Agent; Account Statements; Servicing Information ....................................................................................................133
Administration and Servicing of Collateral. 100107 Section 8.01 Appointment and Designation of the Servicer 100107 Section 8.02 Duties of the Servicer 102109 Section 8.03 Authorization of the Servicer 105111 Section 8.04
Administration and Servicing of Collateral. OBLIGATIONS ______________________________________69
Section 7.1 Retention and Termination of the Servicer____________69
Section 7.2 Resignation and Removal of the Servicer; Appointment of Successor Servicer 69 Section 7.3 Duties of the Servicer 71 Section 7.4 Representations and Warranties of the Servicer 72 Section 7.5 Covenants of the Servicer 7475 Section 7.6 Servicing Fees; Payment of Certain Expenses by Servicer 7778
Administration and Servicing of Collateral. SECTION 8.01 Appointment and Designation of the Servicer. -111- USActive 60444631.4
Administration and Servicing of Collateral