Common use of Trust Estate; Related Documents Clause in Contracts

Trust Estate; Related Documents. (a) When required by the provisions of this Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's or the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 33 contracts

Samples: Servicing Agreement (GMACM Home Equity Loan Trust 2007-He2), Servicing Agreement (GMACM Home Loan Trust 2006-Hltv1), Servicing Agreement (GMACM Home Equity Loan Trust 2006-He5)

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Trust Estate; Related Documents. (a) When required by the provisions of this Servicing Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's or the Indenture Trustee's interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Servicing Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Appears in 28 contracts

Samples: Servicing Agreement (Residential Funding Mortgage Securities Ii Inc), Servicing Agreement (Home Loan Trust 2006-Hi2), Servicing Agreement (Home Loan Trust 2006-Hi1)

Trust Estate; Related Documents. (a) When required by the provisions of this Agreement, the Issuer or the Indenture Trustee shall execute instruments furnished to them by the Servicer to release property from the terms of the Trust Agreement, Indenture Agreement or Custodial AgreementIndenture, as applicable, or convey the Issuer's or the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 3.07 shall be bound to ascertain the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 6 contracts

Samples: Servicing Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust), Servicing Agreement (Wachovia Asset Funding Trust, LLC), Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)

Trust Estate; Related Documents. (a) When required by the provisions of this Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's ’s or the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain the Issuer's ’s or the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 5 contracts

Samples: Servicing Agreement (Phoenix Residential Securities, LLC), Servicing Agreement (Gmacm Home Equity Loan Trust 2005-He1), Master Servicing Agreement (SG Mortgage Securities, LLC)

Trust Estate; Related Documents. (a) When required by the provisions of this Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture Agreement or Custodial AgreementIndenture, as applicable, or convey the Issuer's or the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 3.07 shall be bound to ascertain the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 2 contracts

Samples: Servicing Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust), Servicing Agreement (Wachovia Asset Sec Inc Asst Back Notes Ser 2002 He1)

Trust Estate; Related Documents. (a) When required by the provisions of this Servicing Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's ’s or the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Servicing Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain the Issuer's ’s or the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 1 contract

Samples: Servicing Agreement (MSCC HELOC Trust 2007-1)

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Trust Estate; Related Documents. (a) When required by the provisions of this Servicing Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's or the Indenture Trustee's interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Servicing Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 3.6 shall be bound to ascertain the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 1 contract

Samples: Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Trust Estate; Related Documents. (ad) When required by the provisions of this Servicing Agreement, the Issuer or the Indenture Trustee shall execute instruments to release property from the terms of the Trust Agreement, Indenture or Custodial Agreement, as applicable, or convey the Issuer's ’s or the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Servicing Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain the Issuer's ’s or the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Appears in 1 contract

Samples: Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Trust Estate; Related Documents. (a) When required by the provisions of this Agreement, the Issuer or the Indenture Trustee shall execute instruments furnished to them by the Servicer to release property from the terms of the Trust Agreement, Indenture Agreement or Custodial AgreementIndenture, as applicable, or convey the Issuer's ’s or the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Agreement. No party relying upon an instrument executed by the Issuer or the Indenture Trustee as provided in this Section 3.06 3.07 shall be bound to ascertain the Issuer's ’s or the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)

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