Common use of CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Clause in Contracts

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. Duties of Trustee and Securities Administrator................................................98 Section 9.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 Section 9.03. Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 Section 9.04. Trustee and Securities Administrator May Own Certificates....................................101 Section 9.05. Trustee's and Securities Administrator's Fees and Expenses...................................102 Section 9.06. Eligibility Requirements for Trustee, Securities Administrator and Paying Agent..............102 Section 9.07. Insurance....................................................................................103 Section 9.08. Resignation and Removal of Trustee and Securities Administrator..............................103 Section 9.09. Successor Trustee , Securities Administrator or Successor Paying Agent.......................104 Section 9.10. Merger or Consolidation of Trustee, Securities Administrator or Paying Agent.................104 Section 9.11. Appointment of Co-Trustee or Separate Trustee................................................105 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. 10.01 Duties of Trustee and Securities Administrator................................................98 .............................................116 Section 9.02. 10.02 Certain Matters Affecting the Trustee and the Securities Administrator........................99 .....................118 Section 9.03. 10.03 Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 ..........................................................................119 Section 9.04. 10.04 Trustee and Securities Administrator May Own Certificates....................................101 ..................................120 Section 9.05. 10.05 Trustee's and Securities Administrator's Fees and Expenses...................................102 .................................120 Section 9.06. 10.06 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator..........................121 Section 9.07. 10.07 Insurance....................................................................................103 ..................................................................................121 Section 9.08. 10.08 Resignation and Removal of Trustee and Securities Administrator..............................103 ............................121 Section 9.09. 10.09 Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator..............................................122 Section 9.10. 10.10 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator.............................123 Section 9.11. 10.11 Appointment of Co-Trustee or Separate Trustee................................................105 ..............................................123 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.10.12

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 99 Section 9.018.1. Duties of Trustee and Securities Administrator................................................98 .............................................99 Section 9.028.2. Certain Matters Affecting the Trustee and the Securities Administrator........................99 ............................100 Section 9.038.3. Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 .................102 Section 9.048.4. Trustee and Securities Administrator May Own Certificates....................................101 .................................102 Section 9.058.5. Trustee's Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses....................................................................102 Section 9.068.6. Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Section 9.07. Insurance....................................................................................Administrator.........................103 Section 9.088.7. Resignation and Removal of Trustee and Securities Administrator.........................................................103 Section 9.098.8. Successor Trustee , or Securities Administrator or Successor Paying Agent.......................Administrator.............................................104 Section 9.108.9. Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator............................105 Section 9.118.10. Appointment of Co-Trustee or Separate Trustee.............................................................................................105 Section 9.128.11. Tax Matters..................................................................................Appointment of Office or Agency...........................................................106 ARTICLE X.Section 8.12. Representations and Warranties of the Trustee.............................................107

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. 8.1 Duties of Trustee and Securities Administrator................................................98 ............................................... Section 9.02. 8.2 Certain Matters Affecting the Trustee and the Securities Administrator........................99 ............................... Section 9.03. 8.3 Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 .................... Section 9.04. Trustee 8.4 Trustee, Master Servicer and Securities Administrator May Own Certificates....................................101 ................... Section 9.05. Trustee's 8.5 Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 .................................... Section 9.06. 8.6 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator............................ Section 9.07. Insurance....................................................................................103 Section 9.08. 8.7 Resignation and Removal of Trustee and Securities Administrator..............................103 .............................. Section 9.09. 8.8 Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator................................................ Section 9.10. 8.9 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator............................... Section 9.11. 8.10 Appointment of Co-Trustee or Separate Trustee................................................ Section 8.11 Appointment of Office or Agency.............................................................. Section 8.12 Representations and Warranties of the Trustee................................................105 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 134 Section 9.01. 9.01 Duties of Trustee and Securities Administrator................................................98 Trustee..................................... 134 Section 9.02. 9.02 Certain Matters Affecting the Trustee and the Securities Administrator........................99 .............................. 137 Section 9.03. 9.03 Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 ........................ 139 Section 9.04. 9.04 Trustee and Securities Administrator May Own Certificates....................................101 .......................................... 139 Section 9.05. 9.05 Trustee's and Securities Administrator's Fees and Expenses...................................102 .............................................. 140 Section 9.06. 9.06 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator......................................... 140 Section 9.07. 9.07 Insurance....................................................................................103 ............................................. 141 Section 9.08. 9.08 Resignation and Removal of the Trustee and Securities Administrator..............................103 ......................................... 141 Section 9.09. 9.09 Successor Trustee , and Successor Securities Administrator or Successor Paying Agent.......................104 Administrator......................................... 142 Section 9.10. 9.10 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator......................................... 142 Section 9.11. 9.11 Appointment of Co-Trustee or Separate Trustee................................................105 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.......... 143 -iii- TABLE OF CONTENTS (continued)

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 103 Section 9.01. 9.01 Duties of Trustee and Securities Administrator................................................98 .................................................................................... 103 Section 9.02. 9.02 Certain Matters Affecting the Trustee and the Securities Administrator........................99 Administrator ............................... 105 Section 9.03. 9.03 Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 Loans ................... 107 Section 9.04. 9.04 Trustee and Securities Administrator May Own Certificates....................................101 Certificates ............................................ 107 Section 9.05. 9.05 Trustee's and Securities Administrator's Fees and Expenses...................................102 Expenses ........................................... 108 Section 9.06. 9.06 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 .................................... 108 Section 9.07. Insurance....................................................................................103 9.07 Insurance ............................................................................................ 109 Section 9.08. 9.08 Resignation and Removal of the Trustee and Securities Administrator..............................103 Administrator .................................. 109c Section 9.09. 9.09 Successor Trustee , and Successor Securities Administrator or Successor Paying Agent.......................104 ............................................. 110 Section 9.10. 9.10 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 ....................................... 110 Section 9.11. 9.11 Appointment of Co-Trustee or Separate Trustee................................................105 Trustee ........................................................ 111 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.9.12 Federal Information Returns and Reports to Certificateholders; REMIC Administration .................. 112

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 88 Section 9.01. 8.1 Duties of Trustee and Securities Administrator................................................98 ........................................88 Section 9.02. 8.2 Certain Matters Affecting the Trustee and the Securities Administrator........................99 89 Section 9.03. 8.3 Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 .................................................................................91 Section 9.04. 8.4 Trustee and Securities Administrator May Own Certificates....................................101 .............................91 Section 9.05. Trustee's 8.5 Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 .............................91 Section 9.06. 8.6 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator.....................92 Section 9.07. Insurance....................................................................................103 Section 9.08. 8.7 Resignation and Removal of Trustee and Securities Administrator..............................103 .......................92 Section 9.09. 8.8 Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator.........................................93 Section 9.10. 8.9 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator........................94 Section 9.11. 8.10 Appointment of Co-Trustee or Separate Trustee................................................105 .........................................94 Section 9.12. Tax Matters..................................................................................106 8.11 Appointment of Office or Agency.......................................................95 Section 8.12 Representations and Warranties........................................................95 ARTICLE X.IX

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01139 SECTION 8.01. Duties of the Trustee and the Securities Administrator................................................98 Section 9.02.......................................... 139 SECTION 8.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 Section 9.03............................... 140 SECTION 8.03. Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 Section 9.04......................... 142 SECTION 8.04. Trustee and Securities Administrator May Own Certificates....................................101 Section 9.05........................................... 142 SECTION 8.05. Trustee's and Securities Administrator's Fees and Expenses...................................102 Section 9.06............................................... 142 SECTION 8.06. Indemnification and Expenses of Trustee................ 143 SECTION 8.07. Eligibility Requirements for Trustee, Securities Administrator and Paying Agent..............102 Section 9.07. Insurance....................................................................................103 Section 9.08................... 144 SECTION 8.08. Resignation and Removal of Trustee and Securities Administrator..............................103 Section 9.09Trustee..................... 144 SECTION 8.09. Successor Trustee , Securities Administrator or Successor Paying Agent.......................104 Section 9.10Trustee...................................... 145 SECTION 8.10. Merger or Consolidation of Trustee, Securities Administrator or Paying Agent.................104 Section 9.11..................... 145 SECTION 8.11. Appointment of Co-Trustee or Separate Trustee................................................105 Section 9.12. Tax Matters..................................................................................106 ARTICLE X........... 146 -iii- TABLE OF CONTENTS (continued)

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 91 Section 9.01. 9.01 Duties of Trustee and Securities Administrator................................................98 ........................................................................ 91 Section 9.02. 9.02 Certain Matters Affecting the Trustee and the Securities Administrator........................99 Administrator ................... 93 Section 9.03. 9.03 Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 Loans ....... 95 Section 9.04. 9.04 Trustee and Securities Administrator May Own Certificates....................................101 Certificates ................................ 95 Section 9.05. 9.05 Trustee's and Securities Administrator's Fees and Expenses...................................102 Expenses ............................... 96 Section 9.06. 9.06 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 ........................ 96 Section 9.07. Insurance....................................................................................103 9.07 Insurance ................................................................................ 96 Section 9.08. 9.08 Resignation and Removal of the Trustee and Securities Administrator..............................103 Administrator ...................... 97 Section 9.09. 9.09 Successor Trustee , and Successor Securities Administrator or Successor Paying Agent.......................104 ................................. 98 Section 9.10. 9.10 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 ........................... 98 Section 9.11. 9.11 Appointment of Co-Trustee or Separate Trustee................................................105 Trustee ............................................ 98 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.9.12 Federal Information Returns and Reports to Certificateholders; REMIC Administration ...... 100

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. Duties of Trustee and Securities Administrator................................................98 .................94 Section 9.02. 8.2 Certain Matters Affecting the Trustee and the Securities Administrator........................99 ..................................................95 Section 9.03. 8.3 Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 ..........................................96 Section 9.04. 8.4 Trustee and Securities Administrator May Own Certificates....................................101 ......97 Section 9.05. Trustee's 8.5 Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 ......97 Section 9.06. 8.6 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator..................................................98 Section 9.07. Insurance....................................................................................103 Section 9.08. 8.7 Resignation and Removal of Trustee and Securities Administrator..............................103 ..................................................98 Section 9.09. 8.8 Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator..................99 Section 9.10. 8.9 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator.................................................100 Section 9.11. 8.10 Appointment of Co-Trustee or Separate Trustee................................................105 .................100 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.8.11 Appointment of Office or Agency...............................101 Section 8.12 Representations and Warranties of the Trustee.................101

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. Duties of Trustee and Securities Administrator................................................98 96 Section 9.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 97 Section 9.03. Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 ............99 Section 9.04. Trustee and Securities Administrator May Own Certificates....................................101 .....................................99 Section 9.05. Trustee's and Securities Administrator's Fees and Expenses...................................102 ....................................100 Section 9.06. Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator.............................100 Section 9.07. Insurance....................................................................................103 .....................................................................................101 Section 9.08. Resignation and Removal of Trustee and Securities Administrator..............................103 ...............................101 Section 9.09. Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator.................................................102 Section 9.10. Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator................................102 Section 9.11. Appointment of Co-Trustee or Separate Trustee................................................105 .................................................102 Section 9.12. Tax Matters..................................................................................106 ARTICLE X..

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. 78 Section 9.01. 8.1 Duties of Trustee and Securities Administrator................................................98 ....................................................78 Section 9.02. 8.2 Certain Matters Affecting the Trustee and the Securities Administrator........................99 ....................................79 Section 9.03. 8.3 Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 .........................81 Section 9.04. 8.4 Trustee and Securities Administrator May Own Certificates....................................101 .........................................81 Section 9.05. Trustee's 8.5 Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 .........................................81 Section 9.06. 8.6 Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator.................................82 Section 9.07. Insurance....................................................................................103 Section 9.08. 8.7 Resignation and Removal of Trustee and Securities Administrator..............................103 ...................................82 Section 9.09. 8.8 Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator.....................................................83 Section 9.10. 8.9 Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator....................................84 Section 9.11. 8.10 Appointment of Co-Trustee or Separate Trustee................................................105 ....................................................84 Section 9.12. Tax Matters..................................................................................106 ARTICLE X.8.11 Appointment of Office or Agency..................................................................85

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section SECTION 9.01. Duties of Trustee and Securities Administrator................................................98 Section ...................................... SECTION 9.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 Section ...................... SECTION 9.03. Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 Section ............................................................................... SECTION 9.04. Trustee and Securities Administrator May Own Certificates....................................101 Section ........................... SECTION 9.05. Trustee's Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 Section ........................... SECTION 9.06. Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Section Administrator................... SECTION 9.07. Insurance....................................................................................103 Section 9.08. Resignation and Removal of Trustee and Securities Administrator..............................103 Section 9.09..................... SECTION 9.08. Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Section 9.10Administrator....................................... SECTION 9.09. Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Section 9.11Administrator...................... SECTION 9.10. Appointment of Co-Trustee or Separate Trustee................................................105 Section ....................................... SECTION 9.11. Appointment of Office or Agency..................................................... SECTION 9.12. Tax Matters..................................................................................106 ARTICLE X..

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section 9.01. Duties of Trustee and Securities Administrator................................................98 ...............80 Section 9.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 ...................................81 Section 9.03. Trustee and Securities Administrator Not Liable for Certificates or Mortgage Loans...........101 .............................83 Section 9.04. Trustee and Securities Administrator May Own Certificates....................................101 ....84 Section 9.05. Trustee's and Securities Administrator's Fees and Expenses...................................102 ...84 Section 9.06. Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Administrator..............................................84 Section 9.07. Insurance....................................................................................103 ....................................................84 Section 9.08. Resignation and Removal of Trustee and Securities Administrator..............................103 ..............................................85 Section 9.09. Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Administrator................86 Section 9.10. Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Administrator..............................................86 Section 9.11. Appointment of Co-Trustee or Separate Trustee................................................105 ................86 Section 9.12. Tax Matters..................................................................................106 ARTICLE X..

CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR. Section SECTION 9.01. Duties of Trustee and Securities Administrator................................................98 Section ..................................... SECTION 9.02. Certain Matters Affecting the Trustee and the Securities Administrator........................99 Section ..................... SECTION 9.03. Trustee and Securities Administrator Not not Liable for Certificates or Mortgage Loans...........101 Section .............................................................................. SECTION 9.04. Trustee and Securities Administrator May Own Certificates....................................101 Section .......................... SECTION 9.05. Trustee's Fees and Expenses of Trustee and Securities Administrator's Fees and Expenses...................................102 Section .......................... SECTION 9.06. Eligibility Requirements for Trustee, Trustee and Securities Administrator and Paying Agent..............102 Section Administrator.................. SECTION 9.07. Insurance....................................................................................103 Section 9.08. Resignation and Removal of Trustee and Securities Administrator..............................103 Section 9.09.................... SECTION 9.08. Successor Trustee , or Securities Administrator or Successor Paying Agent.......................104 Section 9.10Administrator...................................... SECTION 9.09. Merger or Consolidation of Trustee, Trustee or Securities Administrator or Paying Agent.................104 Section 9.11Administrator..................... SECTION 9.10. Appointment of Co-Trustee or Separate Trustee................................................105 Section ...................................... SECTION 9.11. Appointment of Office or Agency.................................................... SECTION 9.12. Tax Matters..................................................................................106 ARTICLE X..