Rights of the Depositor, the Master Servicer and the Trustee in Respect of the EMC Servicer. Neither the Trustee nor the Depositor nor the Master Servicer shall have any responsibility or liability for any action or failure to act by the EMC Servicer, and neither the Depositor nor the Trustee is obligated to supervise the performance of the EMC Servicer hereunder or otherwise.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (Bearn Stearns Asset Backed Securities Trust 2004-Sd4), Pooling and Servicing Agreement (Bear Stearns Asset Back Securities Trust 2003-3), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2004-Sd2)