Common use of Duties of the Master Collateral Agent Clause in Contracts

Duties of the Master Collateral Agent. (a) Whether or not therein expressly so provided, every provision of this Agreement relating to the conduct or affecting the liability of or affording protection to the Master Collateral Agent shall be subject to this Article VII. U.S. Bank National Association is hereby appointed as the Master Collateral Agent hereunder and shall have the power and authority in such capacity to execute, deliver and perform each of its express duties as Master Collateral Agent hereunder or under the Transaction Documents. In the performance of its duties and obligations hereunder:

Appears in 5 contracts

Samples: Trust Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)

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Duties of the Master Collateral Agent. (a) Whether or not therein expressly so provided, every provision of this Agreement relating to the conduct or affecting the liability of or affording protection to the Master Collateral Agent shall be subject to this Article VII. U.S. Bank National Association [___] is hereby appointed as the Master Collateral Agent hereunder and shall have the power and authority in such capacity to execute, deliver and perform each of its express duties as Master Collateral Agent hereunder or under the Transaction Documents. In the performance of its duties and obligations hereunder:

Appears in 1 contract

Samples: Form of Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust)

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