Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust Estate, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 74 contracts
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Asset Funding Trust, LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee Securities Administrator that Certificateholders shall not be personally liable for obligations of the Trust Estate, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature authentication and delivery thereof by the Trustee Securities Administrator pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 42 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. * * *
Appears in 28 contracts
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-8 Trust), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall the certificate holders will not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall certificates will be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates the certificates upon execution, countersignature and delivery authentication thereof by the Trustee pursuant to Section 6.01 section 2.5 are and shall will be deemed fully paid.
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee Securities Administrator that Certificateholders shall not be personally liable for obligations of the Trust Estate, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee Securities Administrator pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-D Trust), Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2005-A), Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-2)
Certificates Nonassessable and Fully Paid. It is The parties agree that the intention of the Trustee that Investor Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that the Certificates upon execution, countersignature authentication and delivery thereof by the Trustee pursuant to Section 6.01 2.08 or 6.02 are and shall be deemed fully paid.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Cwabs Inc), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Greenpoint Mortgage Securities Inc/)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee this Agreement that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that the Certificates upon execution, countersignature authentication and delivery thereof by the Trustee pursuant to Section 6.01 2.02 are and shall be deemed fully paid.
Appears in 4 contracts
Samples: Trust Agreement (Banc of America Funding 2008-R3 Trust), Trust Agreement (Banc of America Funding 2008-R3 Trust), Trust Agreement (Banc of America Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee parties to this Agreement that the Certificateholders (and the Certificate owners) shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests Undivided Interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery authentication thereof by the Trustee pursuant to Section 6.01 6.02 are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Master Pooling and Servicing Agreement (American Express Credit Account Master Trust), Master Pooling and Servicing Agreement (American Express Centurion Bank), Master Pooling and Servicing Agreement (American Express Centurion Bank)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee intended that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2005-B), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee intended that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee Certificate Administrator pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee this Agreement that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature authentication and delivery thereof by the Trustee pursuant to Section 6.01 2.02 are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Trust Agreement (Lehman Structured Securities Corp), Trust Agreement (Lehman Structured Securities Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. * * * 102
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-5 Trust)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the related Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the related Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. * * * 135
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee Securities Administrator that Certificateholders Certificaxxxxxxxrs shall not be personally liable for obligations of the Trust Estate, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature authentication and delivery thereof by the Trustee Securities Administrator pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SunTrust Alternative Loan Trust, Series 2005-1f)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall the certificate holders will not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall certificates will be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates the certificates upon execution, countersignature and delivery authentication thereof by the Trustee pursuant to Section 6.01 section 2.5 are and shall will be deemed fully paid.. 11Depositories
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2006-A2)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenpoint Mort Sec Inc Mort Back Ps THR Certs Ser 2003-1)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that the Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that the Certificates upon execution, countersignature and delivery authentication thereof by the Trustee pursuant to Section 6.01 2.05 are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)
Certificates Nonassessable and Fully Paid. It is the intention of Seller and the Trustee Certificateholders that the Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery authentication thereof by the Trustee pursuant to Section 6.01 6.02 are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Rockford Industries Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. * * * 119
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee intended that Certificateholders shall not be personally liable for obligations of the Trust EstateTrust, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. 120
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2006-A)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. * * * 114
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Trustee that Certificateholders shall not be personally liable for obligations of the Trust EstateFund, that the beneficial ownership interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate Fund or for any reason whatsoever, and that Certificates upon execution, countersignature and delivery thereof by the Trustee pursuant to Section 6.01 are and shall be deemed fully paid.. 113 * * *
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
