Master Servicer Liable for Enforcement Sample Clauses

Master Servicer Liable for Enforcement. Notwithstanding any Servicing Agreement, the Master Servicer shall remain obligated and liable to the Trustee and the Certificateholders in accordance with the provisions of this Agreement, to the extent of its obligations hereunder, without diminution of such obligation or liability by virtue of such Servicing Agreements or arrangements. The Master Servicer shall use commercially reasonable efforts to ensure that the Mortgage Loans are serviced in accordance with the provisions of this Agreement and shall use commercially reasonable efforts to enforce the provisions of each Servicing Agreement for the benefit of the Certificateholders. The Master Servicer shall be entitled to enter into any agreement with the Servicers for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Except as expressly set forth herein, the Master Servicer shall have no liability for the acts or omissions of any Servicer in the performance by such Servicer of its obligations under the related Servicing Agreement.
AutoNDA by SimpleDocs
Master Servicer Liable for Enforcement. The Master Servicer shall use commercially reasonable efforts to ensure that the Mortgage Loans are serviced in accordance with the provisions of this Agreement and shall use commercially reasonable efforts to enforce the provisions of Article IV for the benefit of the Noteholders. The Master Servicer shall be entitled to enter into any agreement with any Servicer for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Except as expressly set forth herein, the Master Servicer shall have no liability for the acts or omissions of the Servicer in the performance by such Servicer of its obligations under Article IV.
Master Servicer Liable for Enforcement. The Master Servicer shall, subject to the provisions hereof, enforce the provisions of each Servicing Agreement for the benefit of the Certificateholders.
Master Servicer Liable for Enforcement. Notwithstanding any Servicing Agreement, the Master Servicer shall remain obligated and liable to the Trustee and the Certificateholders in accordance with the provisions of this Agreement, to the extent of its obligations hereunder, without diminution of such obligation or liability by virtue of such Servicing Agreements. The Master Servicer shall use commercially reasonable efforts to ensure that the Mortgage Loans are serviced in accordance with the provisions of this Agreement and shall enforce the provisions of each Servicing Agreement for the benefit of the Certificateholders. The Master Servicer shall be entitled to enter into any agreement with any Servicer for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.
Master Servicer Liable for Enforcement. Notwithstanding anything contained in the Servicing Agreement to the contrary, the Master Servicer shall remain obligated and liable to the Trustee and the Certificateholders in accordance with the provisions of this Agreement, to the extent of its obligations hereunder, without diminution of such obligation or liability by virtue of the Servicing Agreement. The Master Servicer shall use commercially reasonable efforts to ensure that the Mortgage Loans are serviced in accordance with the provisions of this Agreement and shall use commercially reasonable efforts to enforce the provisions of the Servicing Agreement for the benefit of the Certificateholders and any NIMS Insurer. The Master Servicer shall be entitled to enter into any agreement with the Servicer for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Except as expressly set forth herein, the Master Servicer shall have no liability under this Agreement or otherwise to any party for the acts or omissions of the Servicer in the performance by the Servicer of its obligations under the Servicing Agreement. The parties to this Agreement hereby agree and any third party beneficiaries to this Agreement shall be deemed to have agreed that, notwithstanding anything in this Agreement or any other agreement relating to the Mortgage Loans to the contrary, the Master Servicer shall not be under any liability under this Agreement or otherwise to any party for any acts or omissions of the Servicer or for information the Servicer has provided or has been required to provide to the Master Servicer relating to Section 9.04(b).
Master Servicer Liable for Enforcement. 43 Section 3.13 No Contractual Relationship Between Servicers and Master Servicer.........................................
Master Servicer Liable for Enforcement. 101 Section 5.11. Assumption of Master Servicing by Trustee. 101 Section 5.12. Release of Mortgage Files. 101
AutoNDA by SimpleDocs
Master Servicer Liable for Enforcement. The Master Servicer shall use commercially reasonable efforts to ensure that the Mortgage Loans are serviced in accordance with the provisions of this Agreement and shall use commercially reasonable efforts to enforce the applicable provisions of this Agreement for the benefit of the Noteholders and the Ownership Certificateholder. The Master Servicer shall be entitled to enter into any agreement with the Subservicer for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Except as expressly set forth herein, the Master Servicer shall have no liability for the acts or omissions of the Subservicer in the performance by such Subservicer of its obligations.
Master Servicer Liable for Enforcement. Section 9.09. No Contractual Relationship Between Servicers and Trustee or Depositor. Section 9.10. Assumption of Servicing Agreement by Trustee. Section 9.11. Due–on–Sale” Clauses; Assumption Agreements. Section 9.12.
Master Servicer Liable for Enforcement. Section 9.08 No Contractual Relationship Between the Servicer, the Subservicer and Trustee or Depositor
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!