Common use of Shipment of Documents Clause in Contracts

Shipment of Documents. Written instructions as to the method of shipment and the shipper(s) that the Custodian is directed to utilize in connection with transmission of Mortgage Loan Documents in the performance of the Custodian’s duties hereunder shall be delivered by the Seller to the Custodian prior to any shipment of any Mortgage Loan Documents hereunder. The Seller will arrange for the provision of such services at its sole cost and expense (or, at the Custodian’s option, reimburse the Custodian for all costs and expenses incurred by the Custodian consistent with such instructions) and will maintain such insurance against loss or damage to Custodial Files and Mortgage Loan Documents as the Servicer deems appropriate. Without limiting the generality of the provisions of Section 20 above, it is expressly agreed that in no event shall the Custodian have any liability for any losses or damages to any person or property, arising out of actions of the Custodian properly taken pursuant to instructions of the Indenture Trustee or the Seller. In the event the Custodian does not receive written instructions as to the method of shipment and shippers from the Seller, the Custodian is hereby authorized to utilize a nationally recognized courier service and be reimbursed therefor.

Shipment of Documents. Written instructions Instructions as to the method of shipment and the shipper(s) that the Custodian is directed to utilize in connection with transmission of Mortgage Loan Documents Files in the performance of the Custodian’s 's duties hereunder shall be delivered by the Seller Sellers to the Custodian prior to any shipment of any Mortgage Loan Documents Files hereunder. The Seller Buyer will arrange for the provision of such services at its sole cost and expense (or, at the Custodian’s 's option, Buyer will reimburse the Custodian for all costs and expenses incurred by the Custodian consistent with such instructions) and will maintain such insurance against loss or damage to Custodial the Mortgage Files and Mortgage Loan Documents as the Servicer each Seller deems appropriate. Without limiting the generality of the provisions of Section 20 17 above, it is expressly agreed that in no event shall the Custodian have any liability for any losses or damages to any person or propertyperson, arising out of actions of the Custodian properly taken pursuant to in accordance with instructions of the Indenture Trustee Sellers or the SellerBuyer, unless such performance constitutes negligence, lack of good faith or willful misconduct on the part of the Custodian or any of its directors, officers, agents or employees. In the event If the Custodian does not receive written instructions timely Written Instructions as to the method of shipment and shippers from shipper(s) of the Sellerrelated Mortgage Files, the Custodian is hereby authorized to utilize shall be fully protected in using a nationally recognized courier service and be reimbursed thereforcourier.

Shipment of Documents. Written instructions Instructions as to the method of shipment and the shipper(s) that the Custodian is directed to utilize in connection with transmission of Mortgage Loan Documents Asset Files in the performance of the Custodian’s 's duties hereunder shall be delivered by the each Seller to the Custodian prior to any shipment of any Mortgage Loan Documents Asset Files hereunder. The Seller Buyer will arrange for the provision of such services at its sole cost and expense (or, at the Custodian’s 's option, Buyer will reimburse the Custodian for all costs and expenses incurred by the Custodian consistent with such instructions) and will maintain such insurance against loss or damage to Custodial the Asset Files and Mortgage Loan Documents as the Servicer each Seller deems appropriate. Without limiting the generality of the provisions of Section 20 17 above, it is expressly agreed that in no event shall the Custodian have any liability for any losses or damages to any person or propertyperson, arising out of actions of the Custodian properly taken pursuant to in accordance with instructions of the Indenture Trustee Sellers or the SellerBuyer, unless such performance constitutes negligence, lack of good faith or willful misconduct on the part of the Custodian or any of its directors, officers, agents or employees. In the event If the Custodian does not receive written instructions timely Written Instructions as to the method of shipment and shippers from shipper(s) of the Sellerrelated Asset Files, the Custodian is hereby authorized to utilize shall be fully protected in using a nationally recognized courier service and be reimbursed thereforcourier.

Shipment of Documents. Written instructions Instructions as to the method of shipment and the shipper(s) that the Custodian is directed to utilize in connection with transmission of Mortgage Loan Documents Files in the performance of the Custodian’s 's duties hereunder shall be delivered by each Seller or the Seller Buyer to the Custodian prior to any shipment of any Mortgage Loan Documents Files hereunder. The Seller requesting party will arrange for the provision of such services at its sole cost and expense (or, at the Custodian’s such party's option, reimburse the Custodian for all costs and expenses incurred by the Custodian consistent with such instructionsWritten Instructions) and will maintain such insurance against loss or damage to Custodial the Mortgage Files and Mortgage Loan Documents as the Servicer requesting party deems appropriate. Without limiting the generality of the provisions of Section 20 abovebelow, it is expressly agreed that in no event shall the Custodian have any liability for any losses or damages to any person or propertyperson, arising out of actions of the Custodian properly taken pursuant to in accordance with instructions of the Indenture Trustee requesting party, unless such performance constitutes negligence, lack of good faith or willful misconduct on the Sellerpart of the Custodian or any of its directors, officers, agents or employees. In the event absence of Written Instructions from a Seller or the Custodian does not receive written instructions as to the method of shipment and shippers from the SellerBuyer, the Custodian is hereby authorized to utilize a nationally recognized courier service and be reimbursed thereforshall not ship the related Mortgage Files.

Shipment of Documents. Written instructions Instructions as to the method of shipment and the shipper(s) that the Custodian is directed to utilize in connection with transmission of Mortgage Loan Documents Files in the performance of the Custodian’s 's duties hereunder shall be delivered by the Seller Sellers, the Buyer or any other Registered Holder to the Custodian prior to any shipment of any Mortgage Loan Documents Files hereunder. The Seller requesting party will arrange for the provision of such services at its sole cost and expense (or, at the Custodian’s such party's option, reimburse the Custodian for all costs and expenses incurred by the Custodian consistent with such instructionsWritten Instructions) and will maintain such insurance against loss or damage to Custodial the Mortgage Files and Mortgage Loan Documents as the Servicer requesting party deems appropriate. Without limiting the generality of the provisions of Section 20 above21 below, it is expressly agreed that in no event shall the Custodian have any liability for any losses or damages to any person or propertyperson, arising out of actions of the Custodian properly taken pursuant to in accordance with instructions of the Indenture Trustee requesting party, unless such performance constitutes negligence, lack of good faith or willful misconduct on the Sellerpart of the Custodian or any of its directors, officers, agents or employees. In the event the Custodian does not receive written instructions as to the method absence of shipment and shippers Written Instructions from the SellerSellers or the Buyer, the Custodian is hereby authorized to utilize a nationally recognized courier service and be reimbursed thereforshall not ship the related Mortgage Files.