THE COMPANY AND THE MASTER SERVICER Sample Clauses

THE COMPANY AND THE MASTER SERVICER. Section 6.01. Respective Liabilities of the Company and the Master Servicer. The Company and the Master Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Company and the Master Servicer herein. By way of illustration and not limitation, the Company is not liable for the servicing and administration of the Mortgage Loans, nor is it obligated by Section 7.01 or Section 10.01 to assume any obligations of the Master Servicer or to appoint a designee to assume such obligations, nor is it liable for any other obligation hereunder that it may, but is not obligated to, assume unless it elects to assume such obligation in accordance herewith. Section 6.02. Merger or Consolidation of the Company or the Master Servicer; Assignment of Rights and

THE COMPANY AND THE MASTER SERVICER. Section 6.01 Respective Liabilities of the Company and the Master Servicer.........78

THE COMPANY AND THE MASTER SERVICER. 98 6.01. Liability of the Company and the Master Servicer...............................................98 6.02. Merger, Consolidation or Conversion of the Company or the Master Servicer......................98 6.03. Limitation on Liability of the Company, the Master Servicer and Others.........................98 6.04. Limitation on Resignation of the Master Servicer...............................................99 6.05. Sale and Assignment of Master Servicing........................................................99

THE COMPANY AND THE MASTER SERVICER. (See Article VI of the Standard Terms)

THE COMPANY AND THE MASTER SERVICER. Section 8.01 Liabilities of the Depositor, the Company and the Master Servicer. Each of the Depositor, the Company and the Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by it herein.

THE COMPANY AND THE MASTER SERVICER. Section 8.01 Liabilities of the Depositor, the Company and the Master Servicer Section 8.02 Merger or Consolidation of the Depositor, the Company or the Master Servicer. Section 8.03 Indemnification of the Trustee, the Master Servicer and the Securities Administrator.

THE COMPANY AND THE MASTER SERVICER. 50 ARTICLE VII DEFAULT........................................................................51

THE COMPANY AND THE MASTER SERVICER. Section 8.01 Liabilities of the Depositor, the Company and the Master Servicer.

THE COMPANY AND THE MASTER SERVICER. Section 6.01 Respective Liabilities of the Company and Master Servicer. (See Section 6.01 of the Standard Terms.) Section 6.02 Merger or Consolidation of the Company or Master Servicer; Assignment of Rights and Delegation of Duties by the Master Servicer. (a) (See Section 6.02(a) of the Standard Terms). (b) Any Person into which the Company or the Master Servicer may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Company or the Master Servicer shall be a party, or any Person succeeding to the business of the Company or the Master Servicer, shall be the successor of the Company or the Master Servicer, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything in this Section 6.02(b) to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Master Servicer shall be qualified to service mortgage loans on behalf of Xxxxxx Xxx or Xxxxxxx Mac; and provided further that each Rating Agency's ratings, if any, of the Senior, Class M or Class B Certificates in effect immediately prior to such merger or consolidation will not be qualified, reduced or withdrawn as a result thereof (as evidenced by a letter to such effect from each Rating Agency). (c) (See Section 6.02(c) of the Standard Terms). (d) Notwithstanding anything else in this Section 6.02 to the contrary, the conversion of Residential Funding Corporation's or Residential Accredit Loans, Inc.'s organizational structure from a Delaware corporation to a limited liability company shall not require the consent of any party or notice to any party and shall not in any way affect the rights or obligations of Residential Funding Corporation or Residential Accredit Loans, Inc. hereunder. Section 6.03 Limitation on Liability of the Company, Master Servicer and Others. (See Section 6.03 of the Standard Terms.) Section 6.04 Company and Master Servicer Not to Resign. (See Section 6.04 of the Standard Terms.)

THE COMPANY AND THE MASTER SERVICER. Section 6.01 Respective Liabilities of the Company and Master Servicer. (See Section 6.01 of the Standard Terms.) Section 6.02 Merger or Consolidation of the Company or Master Servicer; Assignment of Rights and Delegation of Duties by Master Servicer. (a) (See Section 6.02(a) of the Standard Terms). (b) (See Section 6.02(b) of the Standard Terms). (c) (See Section 6.02(c) of the Standard Terms). (d) The conversion of Residential Funding Mortgage Securities I, Inc.'s organizational structure from a Delaware corporation to a limited liability company shall not require the consent of any party or notice to any party and shall not in any way affect the rights or obligations of Residential Funding Mortgage Securities I, Inc. hereunder. (e) The Master Servicer shall notify the Rating Agencies and the Trustee in writing of any merger, conversion or consolidation of the Master Servicer with or into any Person. Section 6.03 Limitation on Liability of the Company, Master Servicer and Others. (See Section 6.03 of the Standard Terms.) Section 6.04 Company and Master Servicer Not to Resign. (See Section 6.04 of the Standard Terms.)