CONCERNING THE TRUSTEE AND THE PAYING AGENT Sample Clauses

CONCERNING THE TRUSTEE AND THE PAYING AGENT. Section 8.01 Duties of the Trustee and the Paying Agent. (a) The Trustee and the Paying Agent, prior to the occurrence of an Event of Default and after the curing or waiving of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. If an Event of Default occurs and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of his own affairs. Any permissive right of the Trustee and the Paying Agent contained in this Agreement shall not be construed as a duty.
AutoNDA by SimpleDocs
CONCERNING THE TRUSTEE AND THE PAYING AGENT. Section 8.01 Duties of the Trustee and the Paying Agent...................... Section 8.02 Certain Matters Affecting the Trustee and the Paying Agent...... Section 8.03 Trustee and Paying Agent Not Liable for Validity or Sufficiency of Certificates or Mortgage Loans................. Section 8.04 Trustee or Paying Agent May Own Certificates.................... Section 8.05 Fees and Expenses of Trustee and Paying Agent; Indemnification of Trustee and Paying Agent................... Section 8.06 Eligibility Requirements for Trustee and the Paying Agent....... Section 8.07 Resignation and Removal of the Trustee and Paying Agent......... Section 8.08 Successor Trustee or Paying Agent............................... Section 8.09 Merger or Consolidation of Trustee or Paying Agent.............. Section 8.10 Appointment of Co-Trustee or Separate Trustee................... Section 8.11
CONCERNING THE TRUSTEE AND THE PAYING AGENT. Section 8.01 Duties of the Trustee and the Paying Agent................... Section 8.02 Certain Matters Affecting the Trustee and the Paying Agent... Section 8.03 Trustee and Paying Agent Not Liable for Validity or Sufficiency of Certificates or Mortgage Loans............... Section 8.04 Trustee or Paying Agent May Own Certificates................. Section 8.05 Fees and Expenses of Trustee and Paying Agent; Indemnification of Trustee and Paying Agent................. Section 8.06 Eligibility Requirements for Trustee and the Paying Agent.... Section 8.07 Resignation and Removal of the Trustee and Paying Agent...... Section 8.08
CONCERNING THE TRUSTEE AND THE PAYING AGENT. SECTION 8.01 Duties of Trustee and the Paying Agent...................... SECTION 8.02 Certain Matters Affecting Trustee and the Paying Agent...... SECTION 8.03 Trustee and Paying Agent Not Liable for Validity or Sufficiency of Certificates or Mortgage Loans............. SECTION 8.04 Trustee or Paying Agent May Own Certificates................ SECTION 8.05
CONCERNING THE TRUSTEE AND THE PAYING AGENT. Section 8.01 Duties of the Trustee and the Paying Agent.

Related to CONCERNING THE TRUSTEE AND THE PAYING AGENT

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!