Common use of Duties of the Mortgagee Clause in Contracts

Duties of the Mortgagee. 44 SECTION 6.01. Notice of Event of Default............................. 44 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 SECTION 6.03. Indemnification........................................ 45 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46

Duties of the Mortgagee. 44 SECTION 6.01. Notice of Event of Default............................. 44 ..........................................52 SECTION 6.02. Action Upon upon Instructions; Certain Rights and Limitations............................................ 45 ............53 SECTION 6.03. Indemnification........................................ 45 .....................................................53 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ....54 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 ..............54 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46.............................55

Duties of the Mortgagee. 44 37 SECTION 6.01. Notice of Event of Default............................. 44 .........................................................37 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...........................38 SECTION 6.03. Indemnification........................................ 45 ....................................................................38 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ...................39 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .............................39 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46............................................39

Duties of the Mortgagee. 44 SECTION 6.01. Notice of Event of Default............................. ....................... 44 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ ...................................... 45 SECTION 6.03. Indemnification........................................ .................................. 45 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. ........................ 46 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ .................................. 46 SECTION 6.06. Investment of Amounts Held by Mortgagee................ .......... 46

Duties of the Mortgagee. 44 43 SECTION 6.01. Notice of Event of Default............................. 44 ....................... 43 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...................................... 43 SECTION 6.03. Indemnification........................................ 45 .................................. 44 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ........................ 44 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .................................. 45 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46.......... 45

Duties of the Mortgagee. 44 45 SECTION 6.01. Notice of Event of Default............................. 44 ....................... 45 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...................................... 46 SECTION 6.03. Indemnification........................................ 45 .................................. 46 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ........................ 47 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .................................. 47 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46.......... 47

Duties of the Mortgagee. 44 41 SECTION 6.01. Notice of Event of Default............................. 44 ..............................41 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...........................................41 SECTION 6.03. Indemnification........................................ 45 .........................................42 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 .......................................42 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .......................................43 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46.................43

Duties of the Mortgagee. 44 43 SECTION 6.01. Notice of Event of Default............................. 44 ............................ 43 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ........................................... 43 SECTION 6.03. Indemnification........................................ 45 ....................................... 44 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 .......................................... 44 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .......................................... 45 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46............... 45

Duties of the Mortgagee. 44 43 SECTION 6.01. Notice of Event of Default............................. 44 ..................... 43 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 .................................... 43 SECTION 6.03. Indemnification........................................ 45 ................................ 44 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ...................... 44 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 ................................... 45 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46........ 45

Duties of the Mortgagee. 44 SECTION 6.01. Notice of Event of Default............................. ....................... 44 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...................................... 44 SECTION 6.03. Indemnification........................................ .................................. 45 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ........................ 45 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 .................................. 45 SECTION 6.06. Investment of Amounts Held by Mortgagee................ .......... 46

Duties of the Mortgagee. 44 45 SECTION 6.01. Notice of Event of Default............................. 44 ....................... 45 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 Limitations ..................................... 46 SECTION 6.03. Indemnification........................................ 45 .................................. 46 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 .................................. 47 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ 46 Instructions .................................... 47 SECTION 6.06. Investment of Amounts Held by Mortgagee................ 46.......... 47

Duties of the Mortgagee. 44 SECTION 6.01. Notice of Event of Default............................. ............................44 SECTION 6.02. Action Upon Instructions; Certain Rights and Limitations............................................ 45 ...........................................44 SECTION 6.03. Indemnification........................................ .......................................45 SECTION 6.04. No Duties Except as Specified in Trust Indenture or Instructions.............................. 46 ..........................................45 SECTION 6.05. No Action Except Under Trust Indenture or Instructions........................................ ..........................................46 SECTION 6.06. Investment of Amounts Held by Mortgagee................ ...............46