Common use of Appointment of Paying Agent and Certificate Administrator Clause in Contracts

Appointment of Paying Agent and Certificate Administrator. The Trustee may appoint an Eligible Institution to act as a paying agent (the "Paying Agent") or a certificate administrator (the "Certificate Administrator"), as the case may be, in order to delegate to such Eligible Institution any of its duties under this Agreement to administer the issuance, transfer and exchange of the Certificates, administer payments to Certificateholders or prepare information related to the Certificates; provided, that the Trustee shall remain primarily responsible for any duties so delegated; provided, further, that the Trustee shall receive no additional compensation in connection with such appointment and delegation. Initially, LaSalle Bank National Association will be the Certificate Administrator and Paying Agent. If LaSalle Bank National Association ceases to serve as Certificate Administrator or Paying Agent, the Trustee shall send written notice to all Certificateholders (i) indicating that LaSalle Bank National Association is no longer in such capacity and (ii) setting forth its replacement, if any, appointed pursuant to this Section 4.10.

Appointment of Paying Agent and Certificate Administrator. The Trustee may appoint an Eligible Institution to act as a paying agent (the "Paying Agent") or a certificate administrator (the "Certificate Administrator"), as the case may be, in order to delegate to such Eligible Institution any of its duties under this Agreement to administer the issuance, transfer and exchange of the Certificates, administer payments to Certificateholders or prepare information related to the Certificates; provided, that the Trustee shall remain primarily responsible for any duties so delegated; provided, further, that the Trustee shall receive no additional compensation in connection with such appointment and delegation. Initially, LaSalle National Bank National Association will be the Certificate Administrator and Paying Agent. If LaSalle National Bank National Association ceases to serve as Certificate Administrator or Paying Agent, the Trustee shall send written notice to all Certificateholders (i) indicating that LaSalle National Bank National Association is no longer in such capacity and (ii) setting forth its replacement, if any, appointed pursuant to this Section 4.10.

Appointment of Paying Agent and Certificate Administrator. The Trustee may appoint an Eligible Institution to act as a paying agent (the "Paying Agent") or a certificate administrator (the "Certificate Administrator"), as the case may be, in order to delegate to such Eligible Institution any of its duties under this Agreement to administer the issuance, transfer and exchange of the Certificates, administer payments to Certificateholders or prepare information related to the Certificates; providedPROVIDED, that the Trustee shall remain primarily responsible for any duties so delegated; providedPROVIDED, furtherFURTHER, that the Trustee shall receive no additional compensation in connection with such appointment and delegation. Initially, LaSalle Bank National Association will be the Certificate Administrator and Paying Agent. If LaSalle Bank National Association ceases to serve as Certificate Administrator or Paying Agent, the Trustee shall send written notice to all Certificateholders (i) indicating that LaSalle Bank National Association is no longer in such capacity and (ii) setting forth its replacement, if any, appointed pursuant to this Section 4.10.

Appointment of Paying Agent and Certificate Administrator. The Trustee may appoint an Eligible Institution to act as a paying agent (the "Paying Agent") or a certificate administrator (the "Certificate Administrator"), as the case may be, in order to delegate to such Eligible Institution any of its duties under this Agreement to administer the issuance, transfer and exchange of the Certificates, administer payments to Certificateholders or prepare information related to the Certificates; providedPROVIDED, that the Trustee shall remain primarily responsible for any duties so delegated; providedPROVIDED, furtherFURTHER, that the Trustee shall receive no additional compensation in connection with such appointment and delegation. Initially, LaSalle National Bank National Association will be the Certificate Administrator and Paying Agent. If LaSalle National Bank National Association ceases to serve as Certificate Administrator or Paying Agent, the Trustee shall send written notice to all Certificateholders (i) indicating that LaSalle National Bank National Association is no longer in such capacity and (ii) setting forth its replacement, if any, appointed pursuant to this Section 4.10.

Appointment of Paying Agent and Certificate Administrator. The Trustee may appoint an Eligible Institution to act as a paying agent (the "Paying Agent") or a certificate administrator (the "Certificate Administrator"), as the case may be, in order to delegate to such 118 Eligible Institution any of its duties under this Agreement to administer the issuance, transfer and exchange of the Certificates, administer payments to Certificateholders or prepare information related to the Certificates; provided, that the Trustee shall remain primarily responsible for any duties so delegated; provided, further, that the Trustee shall receive no additional compensation in connection with such appointment and delegation. Initially, LaSalle Bank National Association will be the Certificate Administrator and Paying Agent. If LaSalle Bank National Association ceases to serve as Certificate Administrator or Paying Agent, the Trustee shall send written notice to all Certificateholders (i) indicating that LaSalle Bank National Association is no longer in such capacity and (ii) setting forth its replacement, if any, appointed pursuant to this Section 4.10.