Master Trust Servicer definition

Master Trust Servicer means the entity responsible for the servicing obligations under the applicable Pooling and Servicing Agreement.
Master Trust Servicer means Chase USA or any successor servicer, in its capacity as servicer pursuant to the applicable Pooling and Servicing Agreement.
Master Trust Servicer means First USA or any successor servicer, in its capacity as servicer pursuant to the applicable Pooling and Servicing Agreement.

Examples of Master Trust Servicer in a sentence

  • The Issuer agrees to pay the portion of the servicing fee owed to each Master Trust Servicer as servicer of the receivables underlying such Collateral Certificate; provided, however, in no event shall the Owner Trustee (as such or in its individual capacity), the Indenture Trustee, the Administrator or any Noteholders be liable for the share of such servicing fee.

  • On each Payment Date, the Issuer will, in cooperation with the Servicer and, if applicable, the Master Trust Servicer, complete and deliver to the Indenture Trustee and, if applicable, the Master Trust Trustee (with a copy to each Note Rating Agency), a Monthly Noteholders’ Statement.

  • The Issuer agrees to give the Indenture Trustee and the Note Rating Agencies prompt (and in any event within five Business Days) written notice of each Event of Default, Master Trust Servicer Default and each default on the part of the Depositor of its obligations under the Deposit and Administration Agreement.

  • If a Master Trust Servicer Default shall arise from the failure of the Servicer to perform any of its duties or obligations under the Pooling and Servicing Agreement with respect to the Series Certificate, the Issuer shall take all reasonable steps available to it to remedy such failure.

  • On each Payment Date, the Issuer will, in cooperation with the Servicer and, if applicable, the Master Trust Servicer, complete and deliver to the Indenture Trustee, the Paying Agent and, if applicable, the Master Trust Trustee (with a copy to each Note Rating Agency), a Monthly Noteholders’ Statement.

  • On each Payment Date, the Issuer will, in cooperation with the Servicer and, if applicable, the Master Trust Servicer, complete and deliver to the Indenture Trustee and, if applicable, the Master Trust Trustee (with a copy to each Note Rating Agency), a Monthly Noteholders' Statement.

  • The Issuer agrees to pay the portion of the servicing fee owed to each Master Trust Servicer as servicer of the receivables underlying such Collateral Certificate; provided, however, in no event shall the Issuer Trustee (as such or in its individual capacity), the Indenture Trustee, the Administrator or any Noteholders be liable for the share of such servicing fee.


More Definitions of Master Trust Servicer

Master Trust Servicer means JPMCB or any successor servicer, in its capacity as servicer pursuant to the applicable Pooling and Servicing Agreement.
Master Trust Servicer means DMCCB, in its capacity as Servicer under the Metris Pooling and Servicing Agreement, and any successor or assign in such capacity.