Common use of Exculpation of MPF Provider Clause in Contracts

Exculpation of MPF Provider. Neither the MPF Provider nor any of its shareholders, directors, officers, employees or agents shall be liable to the Pittsburgh Bank for any obligation, undertaking, act or judgment of any Borrower, any guarantor or any other person liable on a Mortgage Loan, or be bound to ascertain or inquire as to the performance or observance of any provision of any Mortgage Loan or any of the Mortgage Loan Documents.

Appears in 4 contracts

Samples: MPF Investment & Service Agreement, MPF Services Agreement (Federal Home Loan Bank of Pittsburgh), Services Agreement (Federal Home Loan Bank of Chicago)

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