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

Liability of the Owner and the Servicer. The Owner and the Servicer shall each be liable in accordance with the terms of this Agreement only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Owner and Servicer in this Agreement.

Appears in 15 contracts

Samples: Flow Servicing Agreement (GSR Mortgage Loan Trust 2007-4f), Flow Servicing Agreement (GSR Mortgage Loan Trust 2007-1f), Flow Servicing Agreement (GSR 2007-Oa2)

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Liability of the Owner and the Servicer. The Owner and the Servicer each shall each be liable in accordance with the terms of this Agreement herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Owner and Servicer in this Agreement.

Appears in 1 contract

Samples: Interim Servicing Agreement (Capital Lease Funding Inc)

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Liability of the Owner and the Servicer. The Owner and the Servicer shall each be liable in accordance with the terms of this Agreement herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Owner and or the Servicer in this Agreementherein.

Appears in 1 contract

Samples: Servicing Agreement (Groundfloor Finance Inc.)

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