Examples of WG Trust 2001 in a sentence
In consideration of the sale of any Subsequent Mortgage Loan by WG Trust 2001 to the Issuer, the Issuer shall pay to WG Trust 2001 by wire transfer of immediately available funds to a bank account designated by WG Trust 2001, the amount specified above in paragraph (a) for each Subsequent Mortgage Loan sold by WG Trust 2001.
GMACM sold a portion of the Initial Mortgage Loans (the "WG Trust 2001 Initial Mortgage Loans") and intends to sell a portion of the Subsequent Mortgage Loans to be sold by WG Trust 2001 hereunder, to Walnut Grove Funding, Inc.
The Mortgage Loan Schedule indicating such information with respect to the Mortgage Loans sold by WG Trust 2001 shall be marked as Exhibit 1-B to this Agreement and is hereby incorporated into and made a part of this Agreement.
GMACM or WG Trust 2001 and any director, officer, employee or agent of GMACM or WG Trust 2001 may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder.
GMACM, as Servicer of the Mortgage Loans sold by WG Trust 2001, agrees to deliver to the Purchaser true and complete lists of all of the Mortgage Loans sold by WG Trust 2001 specifying for each Mortgage Loan (i) its account number and (ii) its Cut-Off Date Principal Balance or Subsequent Cut-Off Date Principal Balance.
Except as and to the extent expressly provided in the Servicing Agreement, GMACM and WG Trust 2001 shall not be under any liability to the Issuer, the Owner Trustee, the Indenture Trustee or the Securityholders.
None of the directors, officers, employees or agents of either GMACM or WG Trust 2001 shall be under any liability to the Purchaser or the Issuer, it being expressly understood that all such liability is expressly waived and released as a condition of, and as consideration for, the execution of this Agreement and any Subsequent Transfer Agreement.
GMACM, WG Trust 2001 or WG Trust 2003 and any director, officer, employee or agent of GMACM, WG Trust 2001 or WG Trust 2003 may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder.
The Purchase Price for the WG Trust Initial Mortgage Loans to be paid by the Purchaser to WG Trust 2001 on the Closing Date shall be an amount equal to $187,022,200.37 in immediately available funds, in respect of the Cut-Off Date Principal Balances thereof.
Except as and to the extent expressly provided in the Servicing Agreement, GMACM, WG Trust 2000 and WG Trust 2001 shall not be under any liability to the Issuer, the Owner Trustee, the Indenture Trustee or the Securityholders.