Retention of Servicer, Securitization Note Trustee Sample Clauses

Retention of Servicer, Securitization Note Trustee. Note Trustee reserves the right to retain a servicer (as well as a special servicer) prior to or in connection with any Securitization to act as its agent with respect to the Notes and the Transaction Documents with such powers as are specifically delegated to the servicer (or such special servicer) by Note Trustee, whether pursuant to this Indenture, a servicing agreement, the Deposit Account Agreement or otherwise, together with such other powers as are reasonably incidental thereto. Issuers shall be responsible for the payment of such servicer's fees and expenses for servicing, master servicing or subservicing, including, without limitation, any fee or expense for any special servicing Note Trustee reasonably deems to be required and any fees and expenses of such servicer, including, without limitation, in connection with a release of any Property, satisfaction of any Mortgage, assumption of the Notes, modification of the Notes made at Issuers' request, any requests by Issuers for waivers or consents, protective advances, and the enforcement of the Transaction Documents. Issuers shall have the right to rely on any notices given by any servicer with the same force and affect as if Note Trustee had given such notices. In addition, in connection with a Securitization, Note Trustee reserves the right to retain a Securitization trustee for the benefit of the holders of the Notes. Issuers shall pay all costs associated with the retention and ongoing services provided by the Securitization trustee pursuant to any indenture or similar document.