THE DEPOSITOR AND THE MASTER Clause Samples

The clause titled "THE DEPOSITOR AND THE MASTER" defines the roles, responsibilities, and relationship between the party depositing assets or funds (the Depositor) and the party entrusted with their management or safekeeping (the Master). Typically, this clause outlines the obligations of each party, such as the Depositor's duty to provide accurate information and the Master's duty to safeguard and manage the assets according to agreed terms. For example, it may specify how the Master must handle the assets, report on their status, or return them upon request. The core function of this clause is to establish clear expectations and accountability between the parties, thereby reducing the risk of disputes and ensuring proper management of the deposited assets.
THE DEPOSITOR AND THE MASTER. SERVICER Section 6.01. Respective Liabilities of the Depositor and the Master Servicer......
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THE DEPOSITOR AND THE MASTER. SERVICER Section 6.01. Respective Liabilities of the Depositor and the Master Servicer........................................................111 Section 6.02. Merger or Consolidation of the Depositor or the Master Servicer; Assignment of Rights and Delegation of Duties by Master Servicer.................................................
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THE DEPOSITOR AND THE MASTER. SERVICER Section 6.01. RESPECTIVE LIABILITIES OF THE DEPOSITOR AND THE MASTER SERVICER......................
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Related to THE DEPOSITOR AND THE MASTER

  • THE DEPOSITOR AND THE MASTER SERVICER Respective Liabilities of the Depositor and the Master Servicer.......................VI-1 SECTION 6.02. Merger or Consolidation of the Depositor or the Master Servicer.......................VI-1 SECTION 6.03. Limitation on Liability of the Depositor, the Sellers, the Master Servicer and Others................................................................................VI-1 SECTION 6.04. Limitation on Resignation of Master Servicer..........................................VI-2 ARTICLE VII DEFAULT

  • THE DEPOSITOR AND THE SERVICER Section 7.01 Respective Liabilities of the Depositor and the Servicer... Section 7.02 Merger or Consolidation of the Depositor or the Servicer... Section 7.03 Limitation on Liability of the Depositor, the Servicer and Others.................................................. Section 7.04 Depositor and Servicer Not to Resign.........................

  • Liability of the Depositor and the Master Servicer The Depositor and the Master Servicer each shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Master Servicer herein.

  • THE COMPANY AND THE MASTER SERVICER Section 6.01. Respective Liabilities of the Company and the Master Servicer. The Company and the Master Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Company and the Master Servicer herein. By way of illustration and not limitation, the Company is not liable for the servicing and administration of the Mortgage Loans, nor is it obligated by Section 7.01 or Section 10.01 to assume any obligations of the Master Servicer or to appoint a designee to assume such obligations, nor is it liable for any other obligation hereunder that it may, but is not obligated to, assume unless it elects to assume such obligation in accordance herewith. Section 6.02. Merger or Consolidation of the Company or the Master Servicer; Assignment of Rights and

  • THE SELLER AND THE MASTER SERVICER Section 6.01 Liability of the Seller and the Master Servicer............... Section 6.02 Merger or Consolidation of the Seller or the Master Servicer..................................................