Common use of Designation of Collateral Custodian Clause in Contracts

Designation of Collateral Custodian. 180 Section 11.02 Duties of Collateral Custodian.................................................................................181 Section 11.03 Merger or Consolidation..........................................................................................183 Section 11.04 Collateral Custodian Compensation.........................................................................184 Section 11.05 Collateral Custodian Removal.................................................................................184 Section 11.06 Limitation on Liability.............................................................................................184 Section 11.07 Collateral Custodian Resignation.............................................................................185 Section 11.08 Release of Documents..............................................................................................186 Section 11.09 Return of Required Loan Documents......................................................................186 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral..................................................................................................................187 Section 11.11 Bailment...................................................................................................................187

Designation of Collateral Custodian. 180 102 Section 11.02 9.02 Duties of Collateral Custodian.................................................................................181 Custodian .................................................................... 103 Section 11.03 9.03 Merger or Consolidation..........................................................................................183 Consolidation ............................................................................ 105 Section 11.04 9.04 Collateral Custodian Compensation.........................................................................184 Compensation ........................................................... 105 Section 11.05 9.05 Collateral Custodian Removal.................................................................................184 Removal .................................................................... 106 Section 11.06 9.06 Limitation on Liability.............................................................................................184 Liability ................................................................................. 106 Section 11.07 9.07 Collateral Custodian Resignation.............................................................................185 Resignation ............................................................... 108 Section 11.08 9.08 Release of Documents..............................................................................................186 Documents ................................................................................ 108 Section 11.09 9.09 Return of Required Loan Documents......................................................................186 Asset Files .......................................................................... 109 Section 11.10 9.10 Access to Certain Documentation and Information Regarding the Collateral..................................................................................................................187 ; Audits of Portfolio Asset Servicer ............................................. 109 Section 11.11 Bailment...................................................................................................................1879.11 Bailment ..................................................................................................... 110 Section 9.12 Indemnification of the Collateral Custodian .............................................. 110 ARTICLE X. INDEMNIFICATION ......................................................................................................... 110 Section 10.01 Indemnities by the Borrower ..................................................................... 110 Section 10.02 Reserved ..................................................................................................... 111 ARTICLE XI. MISCELLANEOUS ............................................................................................................ 112 Section 11.01