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

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

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-2), Pooling and Servicing Agreement (Soundview Home Loan Trust 2004-1)

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Liability of the Servicers and the Depositor. Each The Depositor and each Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the related Depositor or such Servicer herein, as the case may be. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Depositor.Section

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mid State Capital Corp)

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

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Finan as Sec Cp SDVW Hm Eq Ln Tr 2001-2 as Bk Cer Ser 2001-2)

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