Pooling And Servicing Agreement (Genie AI)
About this template
The Pooling and Servicing Agreement (Genie AI) is a legal template that outlines the terms and conditions for pooling and servicing the assets of a securitization transaction managed by Genie AI, an artificial intelligence platform. This agreement serves as a contractual arrangement between the parties involved, such as the originators, sponsors, servicers, and investors. It defines the rights and responsibilities of each party, the roles and duties of Genie AI as the platform provider, and the rules for managing the securitized assets, including their acquisition, disposal, and distribution of proceeds. The agreement may cover various provisions pertaining to the obligations of the parties, the calculation and payment of interest and principal, the reporting requirements, compliance with regulations, dispute resolution mechanisms, and termination clauses. Ultimately, the Pooling and Servicing Agreement (Genie AI) creates a legal framework for securitization transactions facilitated by Genie AI, ensuring transparency, legal protection, and accountability for all parties involved.