Common use of Covenants of the Servicers Clause in Contracts

Covenants of the Servicers. (a) Each Servicer hereby covenants to each of the other parties to this Agreement as follows: (i) Such Servicer shall comply in the performance of its obligations under this Agreement with all reasonable rules and requirements of the insurer under each Required Insurance Policy; and (ii) No written information, certificate of an officer, statement furnished in writing or written report delivered to the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer or the Trustee, any affiliate of the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer or the Trustee and prepared by each Servicer pursuant to this Agreement will be inaccurate in any material respect, provided, however, that such Servicer shall not be responsible for inaccurate information provided to it by third parties.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust, Series 2004-11he), Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc Asst Back Certs Ser TMTS 2004 5he)

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Covenants of the Servicers. (a) Each Servicer hereby covenants to each of the other parties to this Agreement as follows: (ia) Such such Servicer shall comply in the performance of its obligations under this Agreement with all reasonable rules and requirements of the insurer under each Required Insurance Policy; and; (iib) No such Servicer shall use commercially reasonable efforts consistent with Accepted Servicing Practices to assure that no written information, certificate of an officer, statement furnished in writing or written report delivered to the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer Custodian or the Trustee, or any affiliate of the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer Custodian or the Trustee and prepared by each such Servicer pursuant to this Agreement will be inaccurate in any material respect, ; provided, however, that such Servicer shall not be responsible for inaccurate information provided to it by third parties.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2006-Alt1)

Covenants of the Servicers. (a) Each Servicer hereby covenants to each of the other parties to this Agreement as follows: (i) Such Servicer shall comply in the performance of its obligations under this Agreement with all reasonable rules and requirements of the insurer under each Required Insurance Policy; and (ii) No no written information, certificate of an officer, statement furnished in writing or written report delivered to the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer or the Trustee, any affiliate of the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer or the Trustee and prepared by each Servicer pursuant to this Agreement will be inaccurate in any material respect, provided, however, that such Servicer shall not be responsible for inaccurate information provided to it by third parties.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc Asst Back Certs Ser TMTS 2004 3he)

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Covenants of the Servicers. (a) Each Servicer hereby covenants to each of the other parties to this Agreement as follows: (ia) Such such Servicer shall comply in the performance of its obligations under this Agreement with all reasonable rules and requirements of the insurer under each Required Insurance Policy; and; (iib) No no written information, certificate of an officer, statement furnished in writing or written report delivered to the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer Administrator or the Trustee, any affiliate Affiliate of the Depositor, the Master Servicer, the Securities Administrator, the Backup Servicer or the Trustee and prepared by each a Servicer pursuant to this Agreement will be inaccurate in any material respect, provided, however, that such Servicer shall not be responsible for inaccurate information provided to it by third parties.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-Sl2)

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