Appointment of the Subservicer; Direction to Trustee. Pursuant to the Pooling Agreements, the Servicer and the Trusts hereby appoint the Subservicer to perform certain of the Servicer's servicing obligations under the Pooling Agreements as set forth in Section 2.02 hereof, which appointment the Subservicer hereby accepts. The Subservicer agrees to perform the obligations set forth in Section 2.02 hereof in accordance with the servicing standards set forth in the Pooling Agreements. The Subservicer undertakes no obligations of the Servicer under the Pooling Agreements other than those expressly set forth in Section 2.02 hereof. Nothing in this Agreement shall relieve the Servicer of its obligations under the Pooling Agreements or in any way limit such obligations. The Depositor hereby directs the Trustee to execute and deliver this Agreement on behalf of each Trust.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)
