Common use of Administration and Servicing of the Trust Fund Clause in Contracts

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Servicers.....................................................40 SECTION 3.03. Successor Sub-Servicers.......................................41 SECTION 3.04. Liability of the Master Servicer..............................41 SECTION 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION 3.08. Sub-Servicing Accounts........................................42 SECTION 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ............................................... 38 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ...................... 39 3.03. Successor Sub-Servicers.......................................41 SECTION ................................ 40 3.04. Liability of the Master Servicer..............................41 SECTION ....................... 40 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.............................................................................. 41 SECTION 3.06. Assumption or Termination of Sub-Sub- Servicing Agreements by Trustee.......................................................42 SECTION ........................ 41 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............................................... 41 3.08. Sub-Servicing Accounts......................................................................... 42 SECTION 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...................... 42 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ................................................. 30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Servicers.....................................................40 SECTION ................................................................................. 31 3.03. Successor Sub-Servicers.......................................41 SECTION ................................................................... 31 3.04. Liability of the Master Servicer..............................41 SECTION .......................................................... 32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ........................................................................ 32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION .......................... 32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION .............................................. 33 3.08. Sub-Servicing Accounts........................................42 SECTION .................................................................... 33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .................................................................................. 34 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ............................................... 37 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ...................... 38 3.03. Successor Sub-Servicers.......................................41 SECTION ................................ 39 3.04. Liability of the Master Servicer..............................41 SECTION ....................... 40 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ..................................... 40 3.06. Assumption or Termination of Sub-Sub- Servicing Agreements by Trustee.......................................................42 SECTION ........................ 41 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............................................... 41 3.08. Sub-Servicing Accounts........................................42 SECTION ................................. 41 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...................... 42 3.10.

Administration and Servicing of the Trust Fund. SECTION 57 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ......................................................57 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION .............................58 3.03. Successor Sub-Servicers.......................................41 SECTION ........................................................................60 3.04. Liability of the Master Servicer..............................41 SECTION ...............................................................60 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .............................................................................60 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...............................61 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ...................................................61 3.08. Sub-Servicing Accounts........................................42 SECTION .........................................................................62 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .........................63 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ........................... 35 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ....................................................... 36 3.03. Successor Sub-Servicers.......................................41 SECTION ............................................. 37 3.04. Liability of the Master Servicer..............................41 SECTION .................................... 37 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ....................................... 37 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION .......................................................... 38 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ........................ 38 3.08. Sub-Servicing Accounts........................................42 SECTION .............................................. 38 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .................................................. 39 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ................. 30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ............................................. 31 3.03. Successor Sub-Servicers.......................................41 SECTION ................................... 32 3.04. Liability of the Master Servicer..............................41 SECTION .......................... 32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ............................. 32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ................................................... 32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION .............. 33 3.08. Sub-Servicing Accounts........................................42 SECTION .................................... 33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ........................................ 34 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ...............30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ..............................31 3.03. Successor Sub-Servicers.......................................41 SECTION .................................32 3.04. Liability of the Master Servicer..............................41 SECTION ........................32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .........32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...................................32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............33 3.08. Sub-Servicing Accounts........................................42 SECTION ..................................33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...............................34 3.10.

Administration and Servicing of the Trust Fund. SECTION 3.01. Section 3.01 Master Servicer to Act as Master Servicer.....................39 SECTION 3.02. ...................................53 Section 3.02 Sub-Servicing Agreements Between the Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION 3.03. ..................................................55 Section 3.03 Successor Sub-Servicers.......................................41 SECTION 3.04. .....................................................56 Section 3.04 Liability of the Master Servicer..............................41 SECTION 3.05. ............................................57 Section 3.05 No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION 3.06. ...........................................57 Section 3.06 Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION 3.07. ............57 Section 3.07 Collection of Certain Mortgage Loan Payments..................42 SECTION 3.08. ................................58 Section 3.08 Sub-Servicing Accounts........................................42 SECTION 3.09. ......................................................58 Section 3.09 Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION 3.10.....

Administration and Servicing of the Trust Fund. SECTION 61 Section 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION .............................................61 Section 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ....................63 Section 3.03. Successor Sub-Servicers.......................................41 SECTION ...............................................................64 Section 3.04. Liability of the Master Servicer..............................41 SECTION ......................................................64 Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ...64 Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ......................65 Section 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ..........................................65 Section 3.08. Sub-Servicing Accounts........................................42 SECTION ................................................................66 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ................67 Section 3.10.

Administration and Servicing of the Trust Fund. SECTION 68 Section 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ......................................................68 Section 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION .............................70 Section 3.03. Successor Sub-Servicers.......................................41 SECTION ........................................................................71 Section 3.04. Liability of the Master Servicer..............................41 SECTION ...............................................................71 Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .............................................................................72 Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...............................72 Section 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ...................................................72 Section 3.08. Sub-Servicing Accounts........................................42 SECTION .........................................................................73 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .........................74 Section 3.10.