Common use of Compensation of the Custodian Clause in Contracts

Compensation of the Custodian. Throughout the Term of this Agreement, as set forth in Section 14 below, the Custodian shall perform its duties hereunder without compensation. Thereafter, the Custodian shall be entitled to reimbursement of expenses incurred in connection with any necessary transfer following notice of termination or removal under Sections 11, 12 or 14.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Mellon Residential Funding Corp Mort Pas THR Tr Se 2000 Tbc2), Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 2000-Tbc1)

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Compensation of the Custodian. Throughout the Term of this Agreement, as set forth in Section 14 below, the Custodian shall perform its duties hereunder without compensation. Thereafter, the Custodian shall be entitled to reimbursement of expenses incurred in connection with any necessary transfer following notice of termination or removal under Sections 11, 12 or 14.. O-3 157

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mortgage Pass Through Certificates Series 1999-Tbc1)

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Compensation of the Custodian. Throughout the Term of this Agreement, as set forth in Section 14 below, the Custodian shall perform its duties hereunder without compensation. Thereafter, the Custodian shall be entitled to reimbursement of expenses incurred in connection with any necessary transfer following notice of termination or removal under Sections 11, 12 or 14.. O-3 141

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 1999-Tbc2)

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