Common use of Custodian Obligations Regarding Genuineness of Documents Clause in Contracts

Custodian Obligations Regarding Genuineness of Documents. In the absence of bad faith on the part of the Custodian, the Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement, provided that the provisions of this Section shall not in any manner limit or reduce the responsibilities of the Custodian under Section 3 hereof.

Appears in 4 contracts

Samples: Custodial Agreement (Luminent Mortgage Trust 2006-6), Custodial Agreement (Luminent Mortgage Trust 2006-7), Custodial Agreement (Lares Asset Securitization, Inc.)

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Custodian Obligations Regarding Genuineness of Documents. In the absence of bad faith on the part of the Custodian, the Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement, ; provided that the provisions of this Section shall not in any manner limit or reduce the responsibilities of the Custodian under Section 3 hereof3.

Appears in 2 contracts

Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-1), Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A3)

Custodian Obligations Regarding Genuineness of Documents. In the absence of bad faith on the part of the Custodian, the Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement, ; provided that the provisions of this Section shall not in any manner limit or reduce the responsibilities of the Custodian under Section 3 hereof.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (NYMT Securities CORP), Transfer and Servicing Agreement (Aames Mortgage Investment Trust 2006-1)

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Custodian Obligations Regarding Genuineness of Documents. In the absence of bad faith on the part of the Custodian, the Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement, ; provided that the provisions of this Section 22 shall not in any manner limit or reduce the responsibilities of the Custodian under Section 3 hereof3.

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Securities Corp)

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