Independence of the Administrator. For all purposes of this Administration Agreement, the Administrator shall be an independent contractor and, notwithstanding its affiliation with the Issuer, shall not be subject to the supervision of the Issuer, the Indenture Trustee or the Delaware Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder.
Appears in 23 contracts
Samples: Administration Agreement (Goal Capital Funding, LLC), Administration Agreement (Nelnet Student Loan Trust 2009-2), Administration Agreement (Gmac Elf LLC)