Custodial Duties. The Collateral Custodian shall take and retain custody of the Contract Files delivered by the Seller pursuant to Section 3.3 hereof in accordance with the terms and conditions of this Agreement, all for the benefit of the Purchasers and subject to the Lien thereon in favor of the Deal Agent as agent for the Purchasers. Within five Business Days of its receipt of any Contract File, the Collateral Custodian shall review the related Contract to verify that such Contract has been executed and has no missing or mutilated pages and to confirm (in reliance on the related contract number and Lessee name) that such Contract is referenced on the related list of Contracts. In order to facilitate the foregoing review by the Collateral Custodian, in connection with each delivery of Contract Files hereunder to the Collateral Custodian, the Servicer shall provide to the Collateral Custodian an electronic file (in EXCEL or a comparable format) that contains the related list of Contracts or which otherwise contains the Contract number and the name of the Lessee with respect to each related Contract. If, at the conclusion of such review, the Collateral Custodian shall determine that such Contract is not executed or in proper form on its face, or that it is not referenced on such list of Contracts, the Collateral Custodian shall promptly notify the Seller and the Deal Agent of such determination by providing a written report to such Persons setting forth, with particularity, the lack of execution of such Contract, that such Contract has missing or mutilated pages, or the fact that such Contract was not referenced on the related list of Contracts. In addition, unless instructed otherwise in writing by the Seller or the Deal Agent within 10 days of the Collateral Custodian's delivery of such report, the Collateral Custodian shall return any Contract not referenced on such list of Contracts to the Seller. Other than the foregoing, the Collateral Custodian shall not have any responsibility for reviewing any Contract File. In taking and retaining custody of the Contract Files, the Collateral Custodian shall be deemed to be acting as the agent of the Deal Agent as agent for the Purchasers, provided, however, that the Collateral Custodian makes no representations as to the existence, perfection or priority of any Lien on the Contract Files or the instruments therein, and provided, further, that the Collateral Custodian's duties as agent shall be limited to those expressly contempla...
Custodial Duties. ESP employees shall not be required to perform custodial duties outside the scope of the job expectations for their position such as, but not limited to, cleaning floors or furniture, emptying trash, washing bathroom facilities, changing light bulbs, dusting, and wiping desks, when such duties are not directly related to the instructional program, student activity or service they support.
Custodial Duties. (a) The Servicer is hereby appointed as custodian of the documents in each Mortgage File.
Custodial Duties. No teacher or pupil shall be assigned responsibilities normally performed by the custodial staff. Teachers assigned to schools having a Breakfast, Hot Lunch and/or Bag Lunch Program shall not be responsible for custodial duties related to these programs.
Custodial Duties. 5. Bulk delivery of books to classrooms.
Custodial Duties. Employees are individually responsible for the cleaning and/or sanitation of their immediate work area as required. Custodial duties, if required and not in the Position Description, will be rotated fairly and equitably.
Custodial Duties. 8 Section 3.04 Withdrawals from the Custodial Account.................10 Section 3.05 Maintenance of Hazard Insurance; Property Protection Expenses....................................12 Section 3.06 Modification Agreements................................13 Section 3.07 Trust Estate; Related Documents........................13 Section 3.08 Realization upon Defaulted Mortgage Loans..............14 Section 3.09 Management and Sale of REO Property....................15 Section 3.10 Issuer and Indenture Trustee to Cooperate..............15 Section 3.11 Compensation; Payment of Certain Expenses..............16 Section 3.12 Annual Statement as to Compliance......................16 Section 3.13 Annual Servicing Report................................17 Section 3.14 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................17 Section 3.15 Maintenance of Certain Servicing Insurance Policies....17 Section 3.16 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.....................17 Section 3.17 Assignments; Recordings of Assignments.................18 Section 3.18 [Reserved].............................................18 Section 3.19 Funding Account........................................18 Section 3.20 [Reserved].............................................19 Section 3.21 P&I Advances...........................................19 Section 3.22 Transfer of Mortgage Loans.............................20 ARTICLE IV Servicing Certificate........................................21 Section 4.01 Statements to Securityholders..........................21 Section 4.02 Tax Returns and 1934 Act Reports.......................23 ARTICLE V Note Payment Account.........................................23 Section 5.01 Note Payment Account...................................23 ARTICLE VI The Servicer.................................................24 Section 6.01 Liability of the Servicer..............................24 Section 6.02 Merger or Consolidation of, or Assumption of the Obligations of, the Servicer...........................24 Section 6.03 Limitation on Liability of the Servicer and Others.....24 Section 6.04 Servicer Not to Resign.................................25 Section 6.05 Delegation of Duties...................................25 Section 6.06 Payment of Indenture Trustee's and Owner Trustee's Fees and Expenses; Indemnification.....................26 ARTICLE VII...
Custodial Duties. 5. Bulk delivery of books to classrooms. Administrators shall use reasonable effort to minimize supervision responsibilities to one hour or less per duty day.
Custodial Duties. (a) In the absence of contrary Instructions, the Custodian is authorised by the Issuer to, and where applicable, the Custodian shall, carry out the following actions in relation to the Securities Collateral:
Custodial Duties. Except in emergency situations, teacher will not be expected to perform custodial duties for any student; e.g., diapering, toileting, or lifting.
