Other Matters Relating to the Depositor Sample Clauses

Other Matters Relating to the Depositor. Section 9.1 Liability of the Depositor 66 Section 9.2 Limitations on Liability of the Depositor, Claymore Securities, Inc. and MACRO Financial, LLC 66 Section 9.3 Liabilities; Indemnification 66
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Other Matters Relating to the Depositor. Section 9.1 Liability of the Depositor 61 Section 9.2 Limitations on Liability of the Depositor, MacroMarkets LLC and Macro Financial, LLC 61 Section 9.3 Liabilities; Indemnification 61 Section 9.4 Covenant of the Depositor 62 ARTICLE 10 MATTERS RELATING TO THE ADMINISTRATIVE AGENT AND THE MARKETING AGENT Section 10.1 Role of the Administrative Agent 62 Section 10.2 Liability of the Administrative Agent 62 Section 10.3
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Other Matters Relating to the Depositor. Section 9.1 Liability of the Depositor................................................32 Section 9.2 Limitations on Liability of the Depositor , Claymore Securities, Inc. and MACRO Financial LLC..............................................32 Section 9.3 Liabilities; Indemnification..............................................33
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Other Matters Relating to the Depositor. Section 9.1
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Other Matters Relating to the Depositor. Section 9.1 Liability of the Depositor 61 Section 9.2 Limitations on Liability of the Depositor, MacroMarkets LLC and Macro Financial, LLC 61 Section 9.3 Liabilities; Indemnification 61 Section 9.4 Covenant of the Depositor 62 ARTICLE 10 MATTERS RELATING TO THE ADMINISTRATIVE AGENT AND THE MARKETING AGENTS Section 10.1 Role of the Administrative Agent 62 Section 10.2 Liability of the Administrative Agent 62 Section 10.3 Limitation on Liability of the Administrative Agent 63 Section 10.4 Administrative Agent Indemnification of the Down Trust and the Trustee 64 Section 10.5 Delegation of Duties by Administrative Agent; Assignment of Fees 64 Section 10.6 Resignation or Removal of Administrative Agent 65 Section 10.7 Role of the Marketing Agents 65 Section 10.8 Liability of the Marketing Agent 65 Section 10.9 Limitation on Liability of the Marketing Agent 66 Section 10.10 Marketing Agent's Indemnification of the Down Trust, the Depositor and the Trustee 66 Section 10.11 Delegation of Duties by Marketing Agent; Assignment of Fees 67 ARTICLE 11 EARLY TERMINATION Section 11.1 Termination Triggers 67 ARTICLE 12 TRUSTEE TERMINATION EVENTS Section 12.1 Trustee Termination Events 69 Section 12.2 Force Majeure 70 Section 12.3 Notification to Holders of the Down MacroShares 70
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Other Matters Relating to the Depositor. Liability of the Depositor 59 Section 9.2 Limitations on Liability of the Depositor, MacroMarkets LLC, Natixis Securities North America Inc. and MACRO Financial, LLC 59 Section 9.3 Liabilities; Indemnification 59
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Other Matters Relating to the Depositor. SECTION 7.01.
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Other Matters Relating to the Depositor. Section 7.01. Liability of the Depositor................... 78
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Other Matters Relating to the Depositor 
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Related to Other Matters Relating to the Depositor

  • Other Matters Pertaining to the Asset Representations Reviewer Section 5.01 Representations, Warranties and Covenants of the Asset Representations Reviewer 9 Section 5.02 Limitation of Liability 10 Section 5.03 Indemnification of Asset Representations Reviewer 11 Section 5.04 Indemnification by Asset Representations Reviewer 11 Section 5.05 Inspections of Asset Representations Reviewer 12 Section 5.06 Delegation of Obligations 13

  • Acceptance of Appointment and Other Matters Relating to the Servicer (a) The Servicer shall service and administer the Receivables, shall collect payments due under the Receivables and shall charge-off as uncollectible Receivables, all in accordance with its customary and usual servicing procedures for servicing wholesale receivables comparable to the Receivables which the Servicer services for its own account and in accordance with the Floorplan Financing Guidelines. The Servicer shall have full power and authority, acting alone or through any party properly designated by it hereunder, to do any and all things in connection with such servicing and administration which it may deem necessary or desirable. Without limiting the generality of the foregoing and subject to Section 10.01, the Servicer is hereby authorized and empowered, unless such power and authority is revoked by the Trustee on account of the occurrence of a Service Default pursuant to Section 10.01, (i) to instruct the Trustee to make withdrawals and payments from the Collection Account and any Series Account as set forth in this Agreement, (ii) to instruct the Trustee to take any action required or permitted under any Enhancement, (iii) to execute and deliver, on behalf of the Trust for the benefit of the Certificateholders and the other Beneficiaries, any and all instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Receivables and, after the delinquency of any Receivable and to the extent permitted under and in compliance with applicable Requirements of Law, to commence enforcement proceedings with respect to such Receivables, (iv) to make any filings, reports, notices, applications, registrations with, and seek any consents or authorizations from, the Securities and Exchange Commission and any State securities authority on behalf of the Trust as may be necessary or advisable to comply with any Federal or State securities laws or reporting requirement, and (v) to delegate certain of its servicing, collection, enforcement and administrative duties hereunder with respect to the Accounts and the Receivables to any Person who agrees to conduct such duties in accordance with the Floorplan Financing Guidelines and this Agreement; provided, however, that the Servicer shall notify the Trustee, the Rating Agencies, any Agent and any Enhancement Providers in writing of any such delegation of its duties which is not in the ordinary course of its business, that no delegation will relieve the Servicer of its liability and responsibility with respect to such duties and that the Rating Agency Condition shall have been satisfied with respect to any such delegation. The Trustee shall furnish the Servicer with any powers of attorney and other documents necessary or appropriate to enable the Servicer to carry out its servicing and administrative duties hereunder. (b) In the event that the Seller is unable for any reason to transfer Receivables to the Trust in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 9.02 or any court of competent jurisdiction ordering that the Seller not transfer any additional Principal Receivables to the Trust) then, in any such event, the Servicer agrees (i) to give prompt written notice thereof to any Enhancement Providers, any Agent and each Rating Agency and (ii) that it shall in any such event allocate after the occurrence of such event, payments on each Account with respect to the principal balance of such Account first to the oldest principal balance of such Account, subject to the proviso set forth in Section 2.06(b), and to have such payments applied as Collections in accordance with Section 4.

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