Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the Administrator.
Indenture Trustee. All privileges, rights and immunities given to the Indenture Trustee in the Indenture are hereby extended to and applicable to the Indenture Trustee's obligations hereunder.
Indenture Trustee. The Indenture Trustee hereby acknowledges and agrees to perform all its obligations and duties pursuant to the Transaction Documents to which it is a party thereto.
Indenture Trustee. This Agreement has been signed by U.S. Bank National Association not in its individual capacity but solely in its capacity as Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the Servicer, the Custodian, the Marketing Agent, the Issuer or any other Person.
Indenture Trustee. SALE AND SERVICING AGREEMENT Dated as of December 28, 2005 -------------------------------- REVOLVING HOME EQUITY LOAN ASSET BACKED NOTES SERIES 2005-I ============================================================================== Table of Contents Page ----
Indenture Trustee. The consent of the Indenture Trustee will be required for any amendment under Section 5.1(b) or (c) that has a material adverse effect on the rights, obligations, immunities or indemnities of the Indenture Trustee.
Indenture Trustee. The Bank of New York Mellon.
Indenture Trustee. The Indenture Trustee agrees to hold, in trust on behalf of the Noteholders, upon the execution and delivery of this Indenture, the following documents relating to each Receivable:
(i) a copy of each Determination Date Administrator Report in electronic form listing each Receivable Granted to the Trust Estate, the applicable Advance Type for such Receivable and the corresponding Receivable Balance for such Receivable and demonstrating the profitability of each Subservicing Agreement for the immediately preceding calendar quarter which shall be equal to the greater of (a) 0.03% of the aggregate unpaid principal balance of the assets subject to such Subservicing Agreement as of the beginning of such quarter and (b) 25% of the Subservicer’s costs of performing thereunder during such quarter, as reported in writing to the Administrative Agent no later than the tenth day after the end of such quarter and any other information required in any related Indenture Supplement;
(ii) a copy of each Funding Certification delivered by the Administrator, which shall be maintained in electronic format;
(iii) the current Designated Servicing Agreement Schedule;
(iv) the current Schedule of Receivables;
(v) and any other documentation provided for in any Indenture Supplement; provided that the Indenture Trustee shall have no responsibility to ensure the validity or sufficiency of the Receivables.
Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture.
Indenture Trustee. To the extent this Agreement requires the Consenting Noteholders to take or refrain from taking any action under the Indenture, the Consenting Noteholders shall also direct the Trustee to take or refrain from taking such actions.
