REMIC Administrator definition

REMIC Administrator. The Certificate Administrator or any REMIC administrator appointed pursuant to Section 10.04.

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REMIC Administrator. The Trustee; provided that if the REMIC Administrator is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Servicer or Trustee acting as Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

REMIC Administrator. LaSalle Bank National Association, its successor in interest, or any successor REMIC administrator appointed as herein provided.

Examples of REMIC Administrator in a sentence

• The appointment of a REMIC Administrator shall not relieve the Certificate Administrator from any of its obligations hereunder, and the Certificate Administrator shall remain responsible and liable for all acts and omissions of the REMIC Administrator.

• Any successor REMIC Administrator upon acceptance of its appointment hereunder shall become vested with all the rights, powers, duties and responsibilities of its predecessor hereunder, with like effect as if originally named as REMIC Administrator.

• The Certificate Administrator shall cause any such REMIC Administrator to execute and deliver to the Certificate Administrator an instrument in which REMIC Administrator shall agree to act in such capacity, with the obligations and responsibilities herein.

• Each REMIC Administrator must be acceptable to the Certificate Administrator and must be organized and doing business under the laws of the United States of America or of any State and be subject to supervision or examination by federal or state authorities.

• No REMIC Administrator shall have responsibility or liability for any action taken by it as such at the direction of the Certificate Administrator.

More Definitions of REMIC Administrator

REMIC Administrator its successor in interest, or any successor REMIC administrator appointed as herein provided.

REMIC Administrator. The Holder of the Class R Certificate on the Closing ------------------- Date, or any successor thereto meeting the requirements set forth in Section 4.17 (c).

REMIC Administrator means the person designated as such under the terms of the documents governing the creation and administration of any REMIC, and generally having the duty to prepare and file tax returns on behalf such REMIC and to perform tax compliance and administrative duties with respect to such REMIC.

REMIC Administrator. Wells Fargo Bank, N.A., its successor in interest, or any successor REM▇▇ ▇▇ministrator appointed as herein provided.

REMIC Administrator. The Paying Agent or any REMIC administrator appointed pursuant to Section 10.01.

REMIC Administrator. The Bank of New York, or any successor REMIC Administrator. If The Bank of New York or any successor REMIC Administrator is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement, the Depositor shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

REMIC Administrator means the Trustee or any Person appointed as REMIC Administrator pursuant to Section 2.05.