Common use of Liability of the Master Servicer Clause in Contracts

Liability of the Master Servicer. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders. Section 3.06 Assumption or Termination of Sub-Servicing Agreements by Trustee.

Appears in 16 contracts

Sources: Pooling and Servicing Agreement (Ab Mortgage Securities Corp), Pooling and Servicing Agreement (PHHMC Series 2007-6 Trust), Pooling and Servicing Agreement (PHHMC Series 2007-5 Trust)

Liability of the Master Servicer. No Contractual Relationship Between Sub-Servicers and the Trustee or Certificateholders. Section 3.06 Assumption or Termination of Sub-Servicing Agreements by Trustee.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L2), Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L1)

Liability of the Master Servicer. Section 3.05. No Contractual Relationship Between Sub-Servicers Subservicers and Trustee or Certificateholders. Section 3.06 3.06. Assumption or Termination of Sub-Servicing Subservicing Agreements by Trustee.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (IMPAC Secured Assets Corp. Mortgage Pass-Through Certificates, Series 2005-1)

Liability of the Master Servicer. SECTION 3.05 No Contractual Relationship Between Sub-Servicers and Trustee Trustee, Trust Administrator or Certificateholders. Section SECTION 3.06 Assumption or Termination of Sub-Servicing Agreements by Trustee. SECTION 3.07 Collection of Certain Mortgage Loan Payments. SECTION 3.08 Sub-Servicing Accounts. SECTION 3.09 Collection of Taxes, Assessments and Similar Items; Servicing Accounts.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2005-Wf1)

Liability of the Master Servicer. Section 3.05. No Contractual Relationship Between Sub-Servicers and Servicers, the Indenture Trustee or Certificateholdersthe Noteholders. Section 3.06 3.06. Assumption or Termination of Sub-Servicing Agreements by the Indenture Trustee. Section 3.07.

Appears in 1 contract

Sources: Servicing Agreement (New Century Mortgage Securities LLC)