Common use of Owner Trustee Not Liable for the Certificate or Related Documents Clause in Contracts

Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust Agreement, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Trust Estate or its ability to generate the payments to be distributed to the Certificateholder under this Owner Trust Agreement or the Noteholders under the Indenture, including, the compliance by the Depositor or the Seller with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee taken in the name of the Owner Trustee.

Appears in 5 contracts

Samples: Owner Trust Agreement (Residential Fund Mort Sec Home Loan-BCKD NTS Ser 2004-Hi1), Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

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Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust AgreementIndenture, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents, or of MERS or the MERS(R) System. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Trust Estate or its ability to generate the payments to be distributed to the Certificateholder under this Owner the Trust Agreement or the Noteholders under the this Indenture, including, the compliance by the Depositor or the Seller with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee taken in the name of the Owner Trustee.

Appears in 4 contracts

Samples: Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Home Loan Trust 2006-Hi5), Indenture (Residential Funding Mortgage Securities Ii Inc)

Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than as set forth in Section 6.03 herein and the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Other than as set forth in Section 6.03, the Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust Agreement, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents, or of MERS or the MERS® System. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Owner Trust Estate or its ability to generate the payments to be distributed to the Certificateholder under this Owner Trust Agreement or the Noteholders under the Indenture, including, the including compliance by the Depositor or the Seller Sponsor with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar Registrar, the Securities Administrator or the Indenture Trustee taken in the name of the Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-3), Trust Agreement (American Home Mortgage Investment Trust 2007-2), Trust Agreement (American Home Mortgage Investment Trust 2006-1)

Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust AgreementIndenture, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents, or of MERS or the MERS(R)System. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Trust Estate or its ability to generate the payments to be distributed to the Certificateholder under this Owner the Trust Agreement or the Noteholders under the this Indenture, including, the compliance by the Depositor or the Seller with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee taken in the name of the Owner Trustee.

Appears in 3 contracts

Samples: Indenture (Home Loan Trust 2006-Hi2), Indenture (Home Loan Trust 2006-Hi2), Indenture (Home Loan Trust 2007-Hi1)

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Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust Agreement, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents, or of MERS or the MERS® System. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Owner Trust Estate or its ability to generate the payments to be distributed to the Certificateholder Certificateholders under this Owner Trust Agreement or the Noteholders under the Indenture, including, the including compliance by the Depositor or the Seller with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar or Registrar, the Indenture Trustee or the Securities Administrator taken in the name of the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Citigroup Mortgage Loan Trust 2006-Ar1)

Owner Trustee Not Liable for the Certificate or Related Documents. The recitals contained herein and in the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) shall be taken as the statements of the Depositor, and the Owner Trustee assumes no responsibility for the correctness thereof. The Owner Trustee makes no representations as to the validity or sufficiency of this Owner Trust Agreement, of any Basic Document or of the Owner Trust Certificate (other than the signatures of the Owner Trustee on the Owner Trust Certificate) or the Notes, or of any Related Documents. The Owner Trustee shall at no time have any responsibility or liability with respect to the sufficiency of the Owner Trust Estate or its ability to generate the payments to be distributed to the Certificateholder under this Owner Trust Agreement or the Noteholders under the Indenture, including, the compliance by the Depositor or the Seller with any warranty or representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation, or any action of the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee taken in the name of the Owner Trustee.

Appears in 1 contract

Samples: Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

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