Common use of No Contractual Relationship Between the Servicer and Trustee or Depositor Clause in Contracts

No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 11 contracts

Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2)

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No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 8 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff14), Trust Agreement (First Franklin Mortgage Loan Trust 2006-FFB)

No Contractual Relationship Between the Servicer and Trustee or Depositor. 165 The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1)

No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the such Servicer, the Seller and the Master Servicer, and the Trustee, any the NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the such Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the such Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Series 2003 Bc3), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2)

No Contractual Relationship Between the Servicer and Trustee or Depositor. The Any Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2007-5h)

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No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.. 147

Appears in 1 contract

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff17)

No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s the Servicing Agreement and the Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Fremont Home Loan Trust 2004-3)

No Contractual Relationship Between the Servicer and Trustee or Depositor. The Servicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving the Servicer in its capacity as such and not as an originator shall be deemed to be between the such Servicer, the Seller and the Master Servicer, and the Trustee, any NIMS Insurer Trustee and the Depositor shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the such Servicer except as set forth in Section 9.10 hereof, but shall have rights thereunder as third party beneficiaries. It is furthermore understood and agreed by the parties hereto that the obligations of the Servicer are set forth in their entirety in the Servicer’s Servicing Agreement and the such Servicer has no obligations under and is not otherwise bound by the terms of this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Sasco 2006-S3)

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