Common use of Swap Administrator and Trust Administrator Rights Clause in Contracts

Swap Administrator and Trust Administrator Rights. The Swap Administrator shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement and the Indenture Trustee under the Indenture, in each case, as if specifically set forth herein with respect to the Swap Administrator. The Trust Administrator and the Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement as if specifically set forth herein with respect to the Trust Administrator.

Appears in 14 contracts

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2007-He2), Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Am3), Pooling and Servicing Agreement (MASTR Asset-Backed Securities Trust 2006-Am2)

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Swap Administrator and Trust Administrator Rights. The Swap Administrator shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement and the Indenture Trustee under the Indenture, in each case, as if specifically set forth herein with respect to the Swap Administrator. The Trust Administrator and the Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement as if specifically set forth herein with respect to the Trust Swap Administrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2005-Wf1)

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Swap Administrator and Trust Administrator Rights. The Swap Administrator shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement Agreement, and the Indenture Trustee under the Indenture, in each case, case as if specifically set forth herein with respect to the Swap Administrator. The Trust Administrator and the Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities afforded to the Trust Administrator under the Pooling and Servicing Agreement as if specifically set forth herein with respect to the Trust Administrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2005-He2)

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