Common use of Master Servicer and Administrator Expenses Clause in Contracts

Master Servicer and Administrator Expenses. The Master Servicer and the Administrator shall be severally required to pay all expenses incurred by them in connection with their respective activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, the Noteholders and the Eligible Lender Trustee, as the case may be.

Appears in 6 contracts

Samples: Transfer and Servicing Agreement (Crestar Securitization LLC), Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (PNC Student Loan Trust I)

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Master Servicer and Administrator Expenses. The Each Master Servicer and the Administrator shall be severally required to pay all expenses incurred by them in connection with their respective activities hereunderhereunder and under any Supplemental Sale and Servicing Agreements, including fees and disbursements of independent accountants, taxes imposed on the such Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the AdministratorAdministrator or to the Certificateholders, the Noteholders and Noteholders, the Eligible Lender TrusteeTrustee and the Surety Provider, as the case may be.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Classnotes Inc), Second Supplemental Sale and Servicing Agreement (Classnotes Inc), Sale and Servicing Agreement (Classnotes Inc)

Master Servicer and Administrator Expenses. The Master Servicer and the Administrator shall be severally required to pay all expenses incurred by them in connection with their respective activities hereunderhereunder and under the Sale and Servicing Agreement and all other Supplemental Sale and Servicing Agreements, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the AdministratorAdministrator or to the Certificateholders, the Noteholders and Noteholders, the Eligible Lender TrusteeTrustee and the Surety Provider, as the case may be.

Appears in 2 contracts

Samples: Third Supplemental Sale and Servicing Agreement (Classnotes Trust 1995-1 Asset Backed Ser 1996-2), Sale and Servicing Agreement (Transworld Insurance Co)

Master Servicer and Administrator Expenses. The Each of the Master Servicer and the Administrator shall be severally required to pay all expenses incurred by them it (or its agent acting on its behalf) in connection with their respective its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer (or the sub-servicer acting on its behalf) or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, Administrator or to the Noteholders Excess Distribution Certificateholders and the Eligible Lender TrusteeNoteholders, as the case may be.

Appears in 2 contracts

Samples: Administration Agreement (Wachovia Student Loan Trust 2005-1), Administration Agreement (Wachovia Education Loan Funding LLC)

Master Servicer and Administrator Expenses. The Master Servicer and the Administrator shall be severally required to pay or cause to be paid all expenses incurred by them it (or its agents acting on its behalf) in connection with their respective its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, Administrator or to the Noteholders holders of Certificates and the Eligible Lender Trusteeholders of Notes, as the case may be.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Mellon Bank N A), Sale and Servicing Agreement (Key Bank Usa National Association)

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Master Servicer and Administrator Expenses. The Each of the Master Servicer and the Administrator shall be severally required to pay all expenses incurred by them it (or its agent acting on its behalf) in connection with their respective its activities hereunder, including fees and disbursements of independent Independent accountants, taxes imposed on the Master Servicer (or the Subservicer acting on its behalf) or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, the Noteholders Certificateholders and the Eligible Lender TrusteeNoteholders, as the case may be, other than expenses included in the definition of “Liquidation Proceeds”.

Appears in 2 contracts

Samples: Administration Agreement (Collegiate Funding of Delaware LLC), Administration Agreement (Chase Education Loan Trust 2007-A)

Master Servicer and Administrator Expenses. The Master Servicer and the Administrator shall be severally required to pay or cause to be paid all expenses incurred by them it (or its agents acting on its behalf) in connection with their respective its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, the Noteholders and Securities Insurer, the Swap Counterparty, the Eligible Lender Trustee, or to the holders of Notes, as the case may be.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-B), Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-A)

Master Servicer and Administrator Expenses. The Master Servicer and the Administrator shall be severally required to pay or cause to be paid all expenses incurred by them it (or its agents acting on its behalf) in connection with their respective its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Master Servicer or the Administrator, as the case may be, and expenses incurred in connection with distributions and reports to the Administrator, the Noteholders and Depositor, the Eligible Lender Trustee, or to the Holders of the related group of Notes, as the case may be.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2004-A)

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