Liabilities of the Master Servicer. The Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by it herein.
Liabilities of the Master Servicer. Section 7.02
Liabilities of the Master Servicer. 84 Section 7.02 MERGER OR CONSOLIDATION OF THE MASTER SERVICER........................................84 Section 7.03 INDEMNIFICATION OF THE TRUSTEE, THE MASTER SERVICER AND THE SECURITIES ADMINISTRATOR....................................................................................................84 Section 7.04 LIMITATIONS ON LIABILITY OF THE MASTER SERVICER AND OTHERS............................85 Section 7.05 MASTER SERVICER NOT TO RESIGN.........................................................86 Section 7.06 SUCCESSOR MASTER SERVICER.............................................................86 Section 7.07 SALE AND ASSIGNMENT OF MASTER SERVICING...............................................86
Liabilities of the Master Servicer. Section 5.02. Merger or Consolidation of the Master Servicer Section 5.03. Indemnification of the Indenture Trustee, Owner Trustee, the Master Servicer and the Securities Administrator Section 5.04. Limitations on Liability of the Master Servicer and Others Section 5.05. Master Servicer Not to Resign Section 5.06. Successor Master Servicer Section 5.07. Sale and Assignment of Master Servicing ARTICLE VI Default
Liabilities of the Master Servicer. The Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by it herein. Only the Master Servicer, any successor Master Servicer or the Trustee acting as Master Servicer shall be liable with respect to the servicing of the Mortgage Loans and the REO Property for actions taken by any such Person in contravention of the Master Servicer's duties hereunder.
Liabilities of the Master Servicer. 30 Section 5.02 Merger or Consolidation of the Master Servicer................................................30 Section 5.03 Indemnification of the Indenture Trustee, Owner Trustee, the Master Servicer and the Securities Administrator.................................................................30 Section 5.04 Limitations on Liability of the Master Servicer and Others....................................31 Section 5.05 Master Servicer Not to Resign.................................................................32 Section 5.06 Successor Master Servicer.....................................................................32 Section 5.07 Sale and Assignment of Master Servicing.......................................................32 ARTICLE VI Default
Liabilities of the Master Servicer. Merger or Consolidation of the Master Servicer Indemnification of the Trustee, the Delaware Trustee, the Seller, the Master Servicer and the Securities Administrator Limitations on Liability of the Master Servicer and Others Master Servicer Not to Resign Successor Master Servicer Sale and Assignment of Master Servicing 87 87 87 88 89 89 89 ARTICLE VIII Default
Liabilities of the Master Servicer. Section 4.02 Merger or Consolidation of the Master Servicer
Liabilities of the Master Servicer. 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 parties agree that the Master Servicer shall master service the Mortgage Loans in accordance with the terms of this Agreement. In that regard, the Master Servicer shall supervise, administer, monitor and oversee the servicing of the Mortgage Loans by each Sub-Servicer pursuant to the terms of its Sub-Servicing Agreement, in accordance with this Agreement and applicable laws and regulations and giving due consideration to customary and usual standards of practice of prudent mortgage lenders and master servicers. In addition, the Master Servicer shall (i) oversee and consult with each Sub-Servicer as appropriate from time to time to fulfill the Master Servicer's obligations hereunder, (ii) receive, review and evaluate all reports, information and other data and documents provided to the Master Servicer by each Sub-Servicer and (iii) otherwise exercise its best efforts, as more fully set forth herein, to cause each Sub-Servicer to perform and observe the covenants, obligations and conditions required to be performed under its Sub-Servicing Agreement.
Liabilities of the Master Servicer. 112 Section 7.02. Merger or Consolidation of the Master Servicer..........................................112 Section 7.03. Indemnification of the Trustee, the Custodian and the Securities Administrator..........
