Common use of THE DEPOSITOR AND THE MASTER SERVICER Clause in Contracts

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment of Master Servicing ........................................................ 128 ARTICLE VIII

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 Liabilities of the Depositor and the Master Servicer ........................................... 126 Servicer.........................- 105 - Section 7.02 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Servicer..............- 105 - Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Servicer.......................- 105 - Section 7.04 Limitations on Liability of the Depositor, the Master Servicer and Others ...................... 127 Others.........................................................- 106 - Section 7.05 Master Servicer Not to Resign .................................................................. 128 Resign................................................- 107 - Section 7.06 Successor Master Servicer ...................................................................... 128 Servicer....................................................- 107 - Section 7.07 Sale and Assignment of Master Servicing ........................................................ 128 Servicing......................................- 107 - ARTICLE VIII

THE DEPOSITOR AND THE MASTER SERVICER. 86 Section 7.01 6.01. Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Servicer........................................86 Section 7.02 6.02. Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Servicer; Assignment of Rights and Delegation of Duties by Master Servicer................87 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Others.............................87 Section 7.05 6.04. Depositor and Master Servicer Not to Resign .................................................................. 128 Resign............88 ARTICLE VII DEFAULT.........................................................88 Section 7.06 Successor Master Servicer ...................................................................... 128 7.01. Events of Default......................................88 Section 7.07 Sale and Assignment 7.02. Trustee or Depositor to Act; Appointment of Master Servicing ........................................................ 128 ARTICLE VIIISuccessor..............................................90 Section 7.03. Notification to Certificateholders.....................91 Section 7.04. Waiver of Events of Default............................91

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 81 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer...................................81 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations Servicer...................................81 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment Others..........................82 SECTION 6.4 Limitation on Resignation of Master Servicing ........................................................ 128 Servicer......................................................82 ARTICLE VIIIVII DEFAULT..............................................................................................83 SECTION 7.1 Events of Default.................................................................................83 SECTION 7.2 Trustee to Act; Appointment of Successor..........................................................85 SECTION 7.3 Notification to Certificateholders................................................................86

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 Liabilities 6.01 Liability of the Depositor and the Master Servicer ........................................... 126 Servicer............VI-1 Section 7.02 6.02 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Servicer.....................................................VI-1 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations 6.03 Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Others..........................................VI-1 Section 7.05 6.04 Resignation of the Master Servicer............................VI-2 Section 6.05 Compensation to the Master Servicer...........................VI-3 Section 6.06 Assignment or Delegation of Duties by Master Servicer.........VI-3 Section 6.07 Indemnification of Trustee and Depositor by Master Servicer.....................................................VI-4 Section 6.08 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale Errors and Assignment of Master Servicing ........................................................ 128 Omissions Policy...................VI-4 ARTICLE VIIIVII

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 86 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer.............................................. 86 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations Servicer.............................................. 86 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment Others................................... 87 SECTION 6.4 Limitation on Resignation of Master Servicing ........................................................ 128 Servicer......... 87 ARTICLE VIIIVII DEFAULT............................................... 88 SECTION 7.1 Events of Default.................................... 88 SECTION 7.2 Trustee to Act; Appointment of Successor............. 89 SECTION 7.3 Notification to Certificateholders................... 90

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 76 SECTION 7.01. Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer...........................76 SECTION 7.02. Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations Servicer...........................76 SECTION 7.03. Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Others..................77 SECTION 7.04. Depositor and Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale Resign...............................................77 ARTICLE VIII DEFAULT.............................................................................................................78 SECTION 8.01. Events of Default.........................................................................78 SECTION 8.02. Remedies of Trustee.......................................................................79 SECTION 8.03. Directions by Certificateholders and Assignment Duties of Master Servicing ........................................................ 128 ARTICLE VIIITrustee During Event of Default............79

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 .... 87 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer............................... 87 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer Servicer................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations 87 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment Others............. 87 SECTION 6.4 Limitation on Resignation of Master Servicing ........................................................ 128 Servicer....................................... 88 ARTICLE VIIIVII DEFAULT...................................... 88 SECTION 7.1 Events of Default........................... 88 SECTION 7.2 Trustee to Act; Appointment of Successor............................................. 90 SECTION 7.3 Notification to Certificateholders.......... 91

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 87 SECTION 6.1 Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer.................................87 SECTION 6.2 Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations Servicer.................................87 SECTION 6.3 Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 Section 7.05 Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Assignment Others........................87 SECTION 6.4 Limitation on Resignation of Master Servicing ........................................................ 128 Servicer....................................................88 ARTICLE VIIIVII DEFAULT...............................................................................................88 SECTION 7.1 Events of Default...............................................................................88 SECTION 7.2 Trustee to Act; Appointment of Successor........................................................90 SECTION 7.3 Notification to Certificateholders..............................................................91

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 6.01. Respective Liabilities of the Depositor and the Master Servicer ........................................... 126 Servicer.....-94- Section 7.02 6.02. Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Servicer; Assignment of Rights and Delegation of Duties by Master Servicer...............-94- Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others ...................... 127 ...................................................................-95- Section 7.05 6.04. Depositor and Master Servicer Not to Resign .................................................................. 128 Resign.........................-95- ARTICLE VII DEFAULT Section 7.06 Successor Master Servicer ...................................................................... 128 7.02. Trustee or Depositor to Act; Appointment of Successor...............-98- Section 7.07 Sale and Assignment 7.03. Notification to Certificateholders.................................-100- Section 7.04. Waiver of Master Servicing ........................................................ 128 Events of Default........................................-100- ARTICLE VIII

THE DEPOSITOR AND THE MASTER SERVICER. Section 7.01 Liabilities SECTION 6.01. Liability of the Depositor and the Master Servicer ........................................... 126 Section 7.02 Servicer..........................................-103- SECTION 6.02. Merger or Consolidation of the Depositor or the Master Servicer ................................ 126 Section 7.03 Indemnification of the Trustee and the Master Servicer ......................................... 126 Section 7.04 Limitations Servicer.............................-103- SECTION 6.03. Limitation on Liability of the Depositor, the Master Servicer Servicer, the Servicers, the Securities Administrator and Others ...................... 127 Section 7.05 Others.........................................................-103- SECTION 6.04 Limitation on Resignation of the Master Servicer Not to Resign .................................................................. 128 Section 7.06 Successor Master Servicer ...................................................................... 128 Section 7.07 Sale and Servicer............................................-104- SECTION 6.05 Assignment of Master Servicing ........................................................ 128 Servicing..............................................................-104- SECTION 6.06 Rights of the Depositor in Respect of the Master Servicer...................................-105- ARTICLE VIIIVII