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

Liability of the Seller and the Depositor. The Seller shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Seller herein. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Depositor herein.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Greenwich Capital Acc Inc Mort Loan Pas THR Certs Ser 01 2), Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc), Pooling and Servicing Agreement (Thornburg Mortgage Sec Tr 2001-1 MRT Ln Ps THR CRT Sr 2001-1)

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Liability of the Seller and the Depositor. The Seller and the Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Seller herein. The Depositor shall be liable in accordance herewith only to or Depositor, as the extent of the obligations specifically imposed upon and undertaken by the Depositor case may be, herein.

Appears in 2 contracts

Samples: Pooling Agreement (Morgan Stanley ABS Capital I Inc. Trust, Series 2004-Sd2), Pooling Agreement (Morgan Stanley Abs Capital I Inc Trust Series 2004-Sd1)

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