Reliance of Custodian. (i) The Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement; but in the case of any loan document or other request, instruction, document or certificate which by any provision hereof is specifically required to be furnished to the Custodian, the Custodian shall be under a duty to examine the same to determine, subject to the limitations on the Custodian’s obligations set forth herein, whether or not it conforms to the requirements of this Agreement.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-Opt2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-Opt3), Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-2)
Reliance of Custodian. (ia) The Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement; but in the case of any loan document or other request, instruction, document or certificate which by any provision hereof is specifically required to be furnished to the Custodian, the Custodian Custodial shall be under a duty to examine the same to determine, subject to the limitations on of the Custodian’s 's obligations set forth herein, whether or not it conforms to the requirements of this Agreement.
Appears in 4 contracts
Samples: Custodial Agreement (Lares Asset Securitization, Inc.), Custodial Agreement (Luminent Mortgage Trust 2007-1), Custodial Agreement (Luminent Mortgage Trust 2006-7)
Reliance of Custodian. (i) The Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement; but in the case of any loan document or other request, instruction, document or certificate which by any provision hereof is specifically required to be furnished to the Custodian, the Custodian shall be under a duty to examine the same to determine, subject to the limitations on the Custodian’s 's obligations set forth herein, whether or not it conforms to the requirements of this Agreement.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-1), Custodial Agreement (Citigroup Mortgage Loan Trust Inc Series 2005-Opt1), Custodial Agreement (Carrington Mortgage Loan Trust Inc Series 2005-Opt2)
Reliance of Custodian. (ia) The Custodian may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement; but in the case of any loan document or other request, instruction, document or certificate which by any provision hereof is specifically required to be furnished to the Custodian, the Custodian shall be under a duty to examine the same to determine, subject to the limitations on the Custodian’s 's obligations set forth herein, whether or not it conforms to the requirements of this Agreement.
Appears in 2 contracts
Samples: Custodial Agreement (PHH Mortgage Trust, Series 2008-Cim2), Custodial Agreement (Peoples Choice Home Loan Securities Trust Series 2004-2)
Reliance of Custodian. (i) The Custodian may conclusively --------------------- rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any request, instructions, certificate, opinion or other document furnished to the Custodian, reasonably believed believe by the Custodian to be genuine and to have been signed or presented by the proper party or parties and conforming to the requirements of this Agreement; but in the any case of any loan document or other request, instruction, document or certificate which by any provision hereof is specifically required to be furnished to the Custodian, the Custodian shall be under a duty to examine the same to determine, subject to the limitations on the Custodian’s obligations set forth herein, determine whether or not it conforms to the requirements of this Agreement.
Appears in 1 contract
Samples: Master Escrow Agreement (Franchise Mortgage Acceptance Co)