Concerning the Trustee Sample Clauses

Concerning the Trustee. Section 8.01 Duties of the Trustee........................................ Section 8.02 Certain Matters Affecting the Trustee........................ Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans.....

Concerning the Trustee. Section 8.01

Concerning the Trustee. 98 Section 8.01. Duties of Trustee......................................98 Section 8.02. Certain Matters Affecting the Trustee..................99 Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans.................................................101 Section 8.04. Trustee May Own Certificates..........................101 Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses; Indemnification.............................101 Section 8.06. Eligibility Requirements for Trustee..................102 Section 8.07. Resignation and Removal of the Trustee................103 Section 8.08. Successor Trustee.....................................104 Section 8.09. Merger or Consolidation of Trustee....................104 Section 8.10. Appointment of Co-Trustee or Separate Trustee.........104 Section 8.11. Appointment of the Custodian..........................105 Section 8.12. Appointment of Office or Agency.......................106

Concerning the Trustee. Section 7.01. Duties and Responsibilities of Trustee 34 Section 7.02. Reliance on Documents, Opinions, Etc 36 Section 7.03. No Responsibility for Recitals, Etc 38 Section 7.04. Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes 38 Section 7.05. Monies to Be Held in Trust 38 Section 7.06. Compensation and Expenses of Trustee 38 Section 7.07. Officer’s Certificate as Evidence 39 Section 7.08. Eligibility of Trustee 39 Section 7.09. Resignation or Removal of Trustee 40 Section 7.10. Acceptance by Successor Trustee 41 Section 7.11. Succession by Merger, Etc 41 Section 7.12. Trustee’s Application for Instructions from the Company 42 Section 7.13. Preferential Collection of Claims 42 Section 8.01. Action by Holders 42 Section 8.02. Proof of Execution by Holders 43 Section 8.03. Who Are Deemed Absolute Owners 43 Section 8.04. Company-Owned Notes Disregarded 43 Section 9.01. Purpose of Meetings 44 Section 9.02. Call of Meetings by Trustee 44 Section 9.03. Call of Meetings by Company or Holders 45 Section 9.04. Qualifications for Voting 45 Section 9.05. Regulations 45 Section 9.06. Voting 46 Section 9.07. No Delay of Rights by Meeting 46

Concerning the Trustee. (a) The Trustee, prior to the occurrence of an Event of Default with respect to Securities of a series and after the curing of all Events of Default with respect to Securities of that series which may have occurred, shall undertake to perform with respect to Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to Securities of a series has occurred (which has not been cured or waived), the Trustee shall exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. (b) No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that (1) prior to the occurrence of an Event of Default with respect to Securities of a series and after the curing or waiving of all such Events of Default with respect to that series which may have occurred: (i) the duties and obligations of the Trustee shall with respect to Securities of such series be determined solely by the express provisions of this Indenture, and the Trustee shall not be liable with respect to Securities of such series except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and (ii) in the absence of bad faith on the part of the Trustee, the Trustee may with respect to Securities of such series conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture; (2) the Trustee shall not be liable for any error of judgment made in good faith by a responsible officer or responsible officers of the Trustee, unless it shall be proved that the T...

Concerning the Trustee. 96 Section 8.01. Duties of Trustee....................................................96 Section 8.02. Certain Matters Affecting the Trustee................................97 Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans................99 Section 8.04. Trustee May Own Certificates.........................................99 Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses; Indemnification.99 Section 8.06. Eligibility Requirements for Trustee................................100 Section 8.07. Resignation and Removal of the Trustee..............................101 Section 8.08. Successor Trustee...................................................102 Section 8.09. Merger or Consolidation of Trustee..................................102 Section 8.10. Appointment of Co-Trustee or Separate Trustee.......................102 Section 8.11. Appointment of Custodians...........................................103 Section 8.12. Appointment of Office or Agency.....................................104 ARTICLE IX TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES....................105 Section 9.01. Optional Purchase by the Master Servicer of All Certificates; Termination Upon Purchase by the Master Servicer or Liquidation of All Mortgage Loans105 Section 9.02. Additional Termination Requirements.................................108 Section 9.03. Termination of Multiple REMICs......................................109 ARTICLE X REMIC PROVISIONS........................................................110 Section 10.01.REMIC Administration................................................110 Section 10.02.Master Servicer, REMIC Administrator and Trustee Indemnification....113 Section 10.03.Designation of REMIC(s). As provided in Section 10.03 of the Series Supplement 114 Section 10.04.Distributions on the Uncertificated REMIC I and REMIC II Regular Interests. As provided in Section 10.04 of the Series Supplement..............114

Concerning the Trustee. Trustee shall be under no duty to take any action hereunder except as expressly required hereunder or by law, or to perform any act which would involve Trustee in any expense or liability or to institute or defend any suit in respect hereof, unless properly indemnified to Trustee's reasonable satisfaction. Trustee, by acceptance of this Deed of Trust, covenants to perform and fulfill the trusts herein created, being liable, however, only for willful negligence or misconduct, and hereby waives any statutory fee and agrees to accept reasonable compensation, in lieu thereof, for any services rendered by Trustee in accordance with the terms hereof. Trustee may resign at any time upon giving thirty (30) days' notice to Grantor and to Beneficiary. Beneficiary may remove Trustee at any time or from time to time, and select a successor trustee. In the event of the death, removal, resignation, refusal to act, or inability to act of Trustee, or in its sole discretion for any reason whatsoever Beneficiary may, without notice and without specifying any reason therefor and without applying to any court, select and appoint a successor trustee, and, if necessary, several successor Trustees in succession, who shall succeed to all the estate, rights, powers, and duties of the original Trustee named herein, without any other formality than an appointment and designation in writing (or other formality required by applicable law, if any). Such substitute trustee shall not be required to give bond for the faithful performance of the duties of Trustee hereunder unless required by Beneficiary. The procedure provided for in this paragraph for substitution of Trustee shall be in addition to and not in exclusion of any other provisions for substitution, by law or otherwise.

Concerning the Trustee. 86 SECTION 8.1 Duties of Trustee.................................................................................86 SECTION 8.2 Certain Matters Affecting the Trustee.............................................................88 SECTION 8.3 Trustee Not Liable for Certificates or Mortgage Loans.............................................90 SECTION 8.4 Trustee May Own Certificates......................................................................90 SECTION 8.5 Trustee's Fees and Expenses.......................................................................90 SECTION 8.6

Concerning the Trustee. 25 SECTION 7.01 Certain Duties and Responsibilities of Trustee....................................25 SECTION 7.02 Certain Rights of Trustee.........................................................26 SECTION 7.03 Trustee Not Responsible for Recitals or Issuance or Securities....................27 SECTION 7.04 May Hold Securities...............................................................27 SECTION 7.05 Moneys Held in Trust..............................................................27 SECTION 7.06