Limited Remedies. Sequoia acknowledges and agrees that it shall have no recourse to RRAC with respect to any Defective Mortgage Loan except as provided in Section 2(d) and Section 3 and that Sequoia’s remedies with respect to any other Defective Mortgage Loans shall be exercised with respect to the Originator of such Defective Mortgage Loan as set forth in the applicable Purchase Agreement.
Appears in 25 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Sequoia Residential Funding Inc), Mortgage Loan Purchase and Sale Agreement (Sequoia Residential Funding Inc), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-8)