Common use of Successor Certificate Administrator Clause in Contracts

Successor Certificate Administrator. In the event that the Master Servicer is removed or replaced in accordance with the terms of the Pooling and Servicing Agreement, the Trustee shall become the successor certificate administrator hereunder. The Certificate Administrator agrees to cooperate with the Trustee in effecting the termination of the Certificate Administrator's responsibilities and rights hereunder. No such termination shall release the Certificate Administrator for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination.

Successor Certificate Administrator. In the event that the Master Servicer is removed or replaced in accordance with the terms of the Pooling and Servicing Agreement, the Trustee shall become the successor certificate administrator hereunder. The Certificate Administrator agrees to cooperate with the Trustee in effecting the termination of the Certificate Administrator's ’s responsibilities and rights hereunder. No such termination shall release the Certificate Administrator for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination.

Successor Certificate Administrator. In the event that the Master Servicer is removed or replaced in accordance with the terms of the each Pooling and Servicing Agreement, the Trustee shall become the successor certificate administrator hereunder. The Certificate Administrator agrees to cooperate with the Trustee in effecting the termination of the Certificate Administrator's responsibilities and rights hereunder. No such termination shall release the Certificate Administrator for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination.

Successor Certificate Administrator. In the event that the Master Servicer is removed or replaced in accordance with the terms of the Pooling and Servicing Agreement, the Trustee successor servicer selected in accordance with the terms of the Pooling and Servicing Agreement shall become the successor certificate administrator hereunder. The Certificate Administrator agrees to cooperate with the Trustee in effecting the termination of the Certificate Administrator's responsibilities and rights hereunder. No such termination shall release the Certificate Administrator for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination.

Successor Certificate Administrator. In the event that the Master Servicer is removed or replaced in accordance with the terms of the Pooling and Servicing Agreement, the Certificate Administrator shall be removed as Certificate Administrator hereunder and the Trustee shall become the successor certificate administrator hereunder. The Certificate Administrator agrees to cooperate with the Trustee in effecting the termination of the Certificate Administrator's responsibilities and rights hereunder. No such termination shall release the Certificate Administrator for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination.