Common use of Power and Authority of the Master Servicer Clause in Contracts

Power and Authority of the Master Servicer. The Master Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Master Servicer by all necessary corporate action.

Appears in 12 contracts

Samples: Sale and Servicing Agreement, Sale and Servicing Agreement (Keycorp Student Loan Trust 2004-A), Sale and Servicing Agreement (Key Consumer Receivables LLC)

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Power and Authority of the Master Servicer. The Master Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; , and the execution, delivery and performance of this Agreement have been duly authorized by the Master Servicer by all necessary corporate action.

Appears in 1 contract

Samples: Master Servicing Agreement (Nellie Mae Education Loan Corp)

Power and Authority of the Master Servicer. The Master Servicer has the corporate power and authority to execute and deliver this Agreement and each of the other Transaction Documents to which it is a party and to carry out its their respective terms; and the execution, delivery and performance of this Agreement and each of the other Transaction Documents to which it is a party have been duly authorized by the Master Servicer by all necessary corporate action.

Appears in 1 contract

Samples: Indenture (Collegiate Funding Services Inc)

Power and Authority of the Master Servicer. The Master Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; , and the execution, delivery and performance of this Agreement have has been duly authorized by the Master Servicer by all necessary corporate action.

Appears in 1 contract

Samples: Master Servicing Agreement (Signet Student Loan Trusts)

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Power and Authority of the Master Servicer. The Master Servicer ------------------------------------------ has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; , and the execution, delivery and performance of this Agreement have has been duly authorized by the Master Servicer by all necessary corporate action.

Appears in 1 contract

Samples: Master Servicing Agreement (Signet Bank Maryland)

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