Common use of Certain Duties and Powers Clause in Contracts

Certain Duties and Powers. (a) The Collateral Administrator shall assist the Borrower and the Servicer in connection with monitoring the Collateral Portfolio by maintaining a database on certain characteristics of the Collateral Portfolio on an ongoing basis and providing to the Borrower and the Servicer (and, where applicable, the Borrower’s independent professional accountants) certain reports, schedules, calculations and other data which the Borrower is required to prepare and deliver under this Agreement, as well as providing the Borrower and the Servicer reasonable cooperation in respect thereof. The Collateral Administrator’s duties and authority to act as Collateral Administrator hereunder are limited to the duties and authority specifically provided for in this Agreement. The Collateral Administrator shall not be deemed to assume the obligations of the Borrower or the Servicer hereunder. Without limiting the foregoing, the Collateral Administrator shall perform the following functions:

Certain Duties and Powers. (a) The Collateral Administrator shall assist the Borrower and the Servicer in connection with monitoring the Collateral Portfolio by maintaining a database on certain characteristics of the Collateral Portfolio on an ongoing basis and providing to the Borrower and AmericasActive:18709990.5 the Servicer (and, where applicable, the Borrower’s independent professional accountants) certain reports, schedules, calculations and other data which the Borrower is required to prepare and deliver under this Agreement, as well as providing the Borrower and the Servicer reasonable cooperation in respect thereof. The Collateral Administrator’s duties and authority to act as Collateral Administrator hereunder are limited to the duties and authority specifically provided for in this Agreement. The Collateral Administrator shall not be deemed to assume the obligations of the Borrower or the Servicer hereunder. Without limiting the foregoing, the Collateral Administrator shall perform the following functions:

Certain Duties and Powers. (a) The Collateral Administrator shall assist the Borrower and the Servicer Collateral Manager in connection with monitoring the Collateral Portfolio by maintaining a database on certain characteristics of the Collateral Portfolio on an ongoing basis and providing to the Borrower and the Servicer Collateral Manager (and, where applicable, the Borrower’s independent professional accountants) certain reports, schedules, calculations and other data which the Borrower is required to prepare and deliver under this Agreement, as well as providing the Borrower and the Servicer Collateral Manager reasonable cooperation in respect thereof. The Collateral Administrator’s duties and authority to act as Collateral Administrator hereunder are limited to the duties and authority specifically provided for in this Agreement. The Collateral Administrator shall not be deemed to assume the obligations of the Borrower or the Servicer Collateral Manager hereunder. Without limiting the foregoing, the Collateral Administrator shall perform the following functions: