Common use of Agent for Party B Clause in Contracts

Agent for Party B. Party A acknowledges that Party B has appointed the Trust Administrator as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trust Administratorshall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Nc3), Assignment and Recognition Agreement (MASTR Asset Backed Securities Trust 2006-He5)

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Agent for Party B. Party A acknowledges that Party B has appointed the Trust Administrator as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trust Administratorshall Administrator shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 1 contract

Samples: MASTR Adjustable Rate Mortgages Trust 2007-1

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Agent for Party B. Party A acknowledges that Party B has appointed the Trustee and the Trust Administrator have been appointed as its agent agents under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trustee and the Trust Administratorshall Administrator shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ahl3)

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