Common use of Liability of the Depositor, Ocwen and the Master Servicer Clause in Contracts

Liability of the Depositor, Ocwen and the Master Servicer. The Depositor, Ocwen and the Master Servicer each shall 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, a Servicer and Master Servicer and undertaken hereunder by the Depositor, Ocwen and the Master Servicer herein.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Ace Securities Corp Home Equity Loan Trust Series 2004 He1), Pooling and Servicing Agreement (Ace Securities Corp Hm Equity Ln Trust Ser 2003-He1), Pooling and Servicing Agreement (ACE Securities Corp Series 2004-He4)

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Liability of the Depositor, Ocwen and the Master Servicer. The Depositor, Ocwen and the Master Servicer each shall 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, a Servicer and Master Servicer and undertaken hereunder by the Depositor, Ocwen and the Master Servicer herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Loan Trust, Series 2005-Sn1)

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