Common use of Trustee or Company to Act; Appointment of Successor Clause in Contracts

Trustee or Company to Act; Appointment of Successor. On --------------------------------------------------- and after the time the Master Servicer receives a notice of termination pursuant to Section 9.01, the Trustee or its appointed agent shall be the successor in all respects to the Master Servicer to the extent provided in Section 8.05.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (MLCC Mort Inv Inc Mort Loan Asst Bk Pass Thru Cert Se 1997-A), Pooling and Servicing Agreement (MLCC Mortgage Investors Inc)

Trustee or Company to Act; Appointment of Successor. On --------------------------------------------------- and after the time the Master Servicer receives a notice of termination pursuant to Section 9.01, the Trustee or its appointed agent shall be the successor in all respects to the Master Servicer to the extent provided in Section 8.05.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (MLCC Mortgage Investors Inc)