Indenture Administrator definition
Examples of Indenture Administrator in a sentence
None of the Eligible Lender Trustee, the Indenture Trustee or the Indenture Administrator shall have a duty to conduct any affirmative investigation as to the occurrence of any condition requiring the purchase of any Trust Student Loan or the reimbursement for any interest penalty pursuant to this Section 6.
Initially, the Issuer has contracted with the Servicer and the Indenture Administrator to assist the Issuer in performing its duties under this Indenture.
The Indenture Administrator will prepare, or cause to be prepared, for execution by the Issuer, or execute as Indenture Administrator on behalf of the Issuer, all documents, reports, filings, instruments, certificates, notices and opinions that are the duty of the Issuer to prepare, file or deliver pursuant to the Indenture.
The Owner Trustee will not be held liable for the default or failure of the Indenture Administrator to carry out its obligations under the Administration Agreement.
The Indenture Administrator will notify the Owner Trustee in each instance that any additional tax withholding is subsequently required or any previously required tax withholding is no longer required.