Common use of Limitation on Indenture Trustee Duties Clause in Contracts

Limitation on Indenture Trustee Duties. The Indenture Trustee shall have no independent duty to verify: (i) the Adjusted Tangible Equity, the occurrence of any of the events described in clause (ii), (v), (vi) and (vii) of the definition of “Target Amortization Event,” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.”

Appears in 2 contracts

Samples: Indenture Supplement, Third Amended and Restated Indenture Supplement (Home Loan Servicing Solutions, Ltd.)

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Limitation on Indenture Trustee Duties. The Indenture Trustee shall have no independent duty to verify: (i) the Adjusted Tangible Equity, the occurrence of any of the events described in clause (ii), (v), (vi) and (viiiii) of the definition of “Target Amortization Event,” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.”

Appears in 2 contracts

Samples: Indenture Supplement (Nationstar Mortgage Holdings Inc.), Indenture Supplement (Nationstar Mortgage Holdings Inc.)

Limitation on Indenture Trustee Duties. The Indenture Trustee shall have no independent duty to verify: (i) the Adjusted Tangible Equity, the occurrence of any of the events described in clause (ii), (v), (vi) and (vii) of the definition of “Target Amortization Event,;” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.”

Appears in 2 contracts

Samples: Amended and Restated Indenture Supplement (New Residential Investment Corp.), Amended and Restated Indenture Supplement (New Residential Investment Corp.)

Limitation on Indenture Trustee Duties. The Indenture Trustee shall have no independent duty to verify: (i1) the Adjusted Tangible Equity, Net Worth or (2) the occurrence of any of the events described in clause (ii), (v), (vi) and (viiB) of the definition of “Target Amortization Event,” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.”

Appears in 1 contract

Samples: Indenture Supplement (New Residential Investment Corp.)

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Limitation on Indenture Trustee Duties. The Indenture Trustee Trustee, in any of its capacities, shall have no independent duty to verify: (i) the Adjusted Tangible Equity, verify the occurrence of any of the events described in clause (ii), (v), (vi) and (viiB) of the definition of “Target Amortization Event,” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.

Appears in 1 contract

Samples: Indenture Supplement (DITECH HOLDING Corp)

Limitation on Indenture Trustee Duties. The Indenture Trustee Trustee, in any of its capacities, shall have no independent duty to verify: (i) the Adjusted Tangible Equity, verify the occurrence of any of the events described in clause (ii), (v), (vi) and (viiB) of the definition of “Target Amortization Event,” or (ii) compliance with clause (vi) of the definition of “Facility Eligible Servicing Agreement.”

Appears in 1 contract

Samples: Indenture Supplement (DITECH HOLDING Corp)

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