Liabilities of the Depositor Clause Samples

The 'Liabilities of the Depositor' clause defines the responsibilities and potential financial obligations of the depositor under the agreement. It typically outlines the circumstances under which the depositor may be held liable, such as for losses resulting from breach of contract, negligence, or failure to provide accurate information. This clause ensures that the depositor is aware of and accepts accountability for specific risks or damages, thereby clarifying the allocation of risk and protecting the interests of the other party.
Liabilities of the Depositor. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by it herein.
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Liabilities of the Depositor. 85 Section 6.02 Merger or Consolidation of the Depositor.......................................................85 Section 6.03 Limitation on Liability of the Depositor and Others............................................85 Section 6.04 Servicing Compliance Review....................................................................86 Section 6.05 Option to Purchase Defaulted Mortgage Loans....................................................86
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Liabilities of the Depositor. Section 6.02 Merger or Consolidation of the Depositor...................... Section 6.03 Limitation on Liability of the Depositor and Others........... Section 6.04
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Liabilities of the Depositor. THE COMPANY AND THE MASTER SERVICER. Each of the Depositor, the Company and t............................................................-125- Section 8.02 MERGER OR CONSOLIDATION OF THE DEPOSITOR, THE COMPANY OR THE MASTER SERVICER....................................................................................-125-
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Related to Liabilities of the Depositor

  • 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.

  • Respective Liabilities of the Depositor and the Servicer The Depositor and the Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by them herein.

  • Respective Liabilities of the Depositor and the Master Servicer The Depositor 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 them herein.

  • Liability of the Depositor The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed by these Standard Terms and the related Supplement.

  • Liabilities of the Company Except as stated in this Section 8, the Company shall have no liability for damages of any kind arising out of or related to events, acts, rights or privileges contemplated in this Agreement. a. The liability of the Company for damages resulting in whole or in part from or arising in connection with the furnishing of Service under this Agreement including, but not limited to, mistakes, omissions, interruptions, delays, errors or other defects or misrepresentations shall not exceed an amount equal to the charges under this Agreement applicable to the specific call (or portion thereof) that was affected. No other liability shall attach to the Company. b. The Company shall not be liable for any failure of performance hereunder due to causes beyond its control, including, but not limited to: (1) acts of God, fires, flood or other catastrophes; (2) any law, order, regulation, directive, action or request of the United States Government, or any other government, including state and local governments having jurisdiction over the Company, or of any department, agency, bureau, corporation or other instrumentality of any one or more of said governments, or of any civil or military authority; or (3) national emergencies, insurrections, riots, wars or other labor difficulties. c. The Company shall not be liable for any act or omission of any other entity furnishing facilities, equipment, or services used by a Customer, with the Company's Services. In addition, the Company shall not be liable for any damages or losses due to the failure or negligence of any customer or due to the failure of customer provided equipment, facilities or services.