Common use of Liability of the Depositor and the Servicer Clause in Contracts

Liability of the Depositor and the Servicer. The Depositor and the Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Servicer herein.

Appears in 55 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Sec Corp Home Equ Loan Tr Ser 2003-He1), Pooling and Servicing Agreement (Home Equity Loan Trust Series 2003-He2), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Mort Ps THR CRTS Ser 2003-7)

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Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement upon them in their respective capacities as Depositor and Servicer and undertaken hereunder by the Depositor and the Servicer herein.

Appears in 41 contracts

Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-A), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-Opt3), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Nc3)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Servicer herein.

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (GE-WMC Asset-Backed Pass-Through Trust, Series 2006-1), Pooling and Servicing Agreement (Asset Backed Sec Corp Pass Through Certificates Ser 2002-He3), Pooling and Servicing Agreement (GE-WMC Asset-Backed Pass Through Certificates, Series 2005-1)

Liability of the Depositor and the Servicer. The Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Servicer herein. The Depositor and the Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Servicer herein.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Wfhe2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Wfhe3), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2005-He4)

Liability of the Depositor and the Servicer. The Depositor and the Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Servicer herein.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp Home Equity Ln Tr Ser 2001-He2), Pooling and Servicing Agreement (Asset Backed Sec Corp Home Equity Loan Trust Series 2001 He3), Pooling and Servicing Agreement (Asset Backed Pass Through Certificates Series 2002 He2)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement on and undertaken hereunder by the Depositor and the Servicer Servicer, respectively herein.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp), Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor and the Servicer hereinAgreement.

Appears in 1 contract

Samples: Trust and Servicing Agreement (Hospitality Properties Trust)

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Liability of the Depositor and the Servicer. The Depositor Depositer and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement upon and undertaken hereunder by the Depositor and the Servicer it herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be severally, and not jointly, liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder herein by the Depositor and the Servicer hereinServicer, respectively.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Home Eq Ln Tr Ser 2000 NCB Asset Back Ps THR Cer)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement upon and undertaken hereunder by the Depositor and the Servicer herein. Only the Servicer, any successor Servicer or the Trustee acting as Servicer shall be liable with respect to the servicing of the Mortgage Loans and the REO Property for actions taken by any such Person in contravention of the Servicer ‘s duties hereunder.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Accredited Mortgage Loan REIT Trust)

Liability of the Depositor and the Servicer. The Depositor and the Servicer each shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement on and undertaken hereunder by the Depositor and the Servicer hereinServicer, respectively.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

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