Common use of Status of Electronic Agent Clause in Contracts

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser and the Seller. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser or the Seller pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 5 contracts

Samples: Electronic Tracking Agreement, Electronic Tracking Agreement, Electronic Tracking Agreement

AutoNDA by SimpleDocs

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Lender and the SellerBorrower. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser Lender or the Seller Borrower pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 2 contracts

Samples: Electronic Tracking Agreement, Revolving Credit and Security Agreement (Aames Financial Corp/De)

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, partnership or joint venture between the parties hereto hereto, and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Rights Holders, the Manager and the SellerServicer. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for any Rights Holder, the Purchaser Manager or the Seller Servicer pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 2 contracts

Samples: Servicing Agreement, Servicing Agreement

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Buyer and the Seller. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser or Buyer and the Seller pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Buyer and the Seller. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser Buyer or the Seller pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 1 contract

Samples: Mortgage Loan Repurchase Agreement (Sirva Inc)

AutoNDA by SimpleDocs

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Buyer and the Seller. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser Buyer or the Seller pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)

Status of Electronic Agent. Nothing herein contained shall be deemed or construed to create a partnership, joint venture between the parties hereto and the services of the Electronic Agent and MERS shall be rendered as independent contractors for the Purchaser Bank and the SellerCompany. Other than the obligations of the Electronic Agent and MERS expressly set forth herein, the Electronic Agent and MERS shall have no power or authority to act as agent for the Purchaser Bank or the Seller Company pursuant to any grant of authority made under or pursuant to this Agreement.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!