Common use of Administration of Collateral Clause in Contracts

Administration of Collateral. The Agent hereby acknowledges the appointment by the Issuer of the Administrator and the Manager to service and administer the Collateral in accordance with the provisions of the Administration Agreement and the Management Agreement and agrees to provide the Administrator and the Manager with such documentation, and to take all such actions, as the Administrator and the Manager may reasonably request in accordance with the provisions of the Administration Agreement and the Management Agreement.

Administration of Collateral. The Agent hereby acknowledges the appointment by the Issuer of the Administrator and the Manager to service and administer the Collateral in accordance with the provisions of the Administration Agreement and the Management Agreement Agreement(s) and agrees to provide the Administrator and the Manager with such documentation, and to take all such actions, as the Administrator and the Manager may reasonably request in accordance with the provisions of the Administration Agreement and the Management AgreementAgreement(s). ARTICLE V RIGHTS OF NOTEHOLDERS; ALLOCATION AND APPLICATION OF COLLECTIONS

Administration of Collateral. The Agent hereby acknowledges the appointment by the Issuer of the Administrator and the Manager to service and administer the Collateral in accordance with the provisions of the Administration Agreement and the Management Agreement Agreement, respectively, and agrees to provide the Administrator and the Manager with such documentation, and to take all such actions, as the Administrator and the Manager may reasonably request in accordance with the provisions of the Administration Agreement and the Management Agreement, respectively.