No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, Trustee or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS Insurer, the Trustee or Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Wmc2), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Fre1), Pooling and Servicing Agreement (Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates, Series 2004-Wmc3)
No Contractual Relationship Between Sub. Servicers and the NIMS InsurerTrust Administrator, the Trustee or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS InsurerTrust Administrator, the Trustee Trustee, Certificateholders or Certificateholders the Certificate Insurer shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Citigroup Commercial Mortgage Securities Inc), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc), Pooling and Servicing Agreement (Long Beach Securities Corp)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer Sub‑Servicer in its capacity as such shall be deemed to be between the Sub-Servicer related Sub‑Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer such Sub‑Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-ServicerSub‑Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such feesfees and such fees shall not be an expense of the Trust.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (WaMu Asset-Backed Certificates, WaMu Series 2007-He3), Pooling and Servicing Agreement (WaMu Asset-Backed Certificates, WaMu Series 2007-He1), Pooling and Servicing Agreement (WaMu Asset-Backed Certificates, WaMu Series 2007-He4)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or CertificateholdersCertificateholders . Any Sub-Servicing Sub‑Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer Sub‑Servicer in its capacity as such shall be deemed to be between the Sub-Servicer related Sub‑Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer such Sub‑Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-ServicerSub‑Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such feesfees and such fees shall not be an expense of the Trust.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He5), Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He3), Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He4)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS Insurer, the Trustee or Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Financial Asset Securities Corp), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pas THR Cert Se 03 WMC)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or CertificateholdersCertificateholders . Any Sub-Servicing Sub‑Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer Sub‑Servicer in its capacity as such shall be deemed to be between the Sub-Servicer Sub‑Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer Sub‑Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-ServicerSub‑Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such feesfees and such fees shall not be an expense of the Trust.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He1), Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He2)
No Contractual Relationship Between Sub. Servicers and the Trustee, the NIMS Insurer, Trustee Insurer or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mastr Alternative Loan Trust 2005-Nc1)
No Contractual Relationship Between Sub. Servicers and the Trustee, the Trust Administrator, the NIMS Insurer, Trustee Insurer or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or Master Servicer, the Trust Administrator, the NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-He1)
No Contractual Relationship Between Sub. Servicers and the SERVICERS AND THE NIMS InsurerINSURER, Trustee or CertificateholdersTHE TRUSTEE OR CERTIFICATEHOLDERS. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Master Servicer alone, and the NIMS Insurer, the Trustee or Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Master Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Master Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
No Contractual Relationship Between Sub. Servicers and the NIMS NIMs Insurer, Trustee Trustee, the Trust Administrator or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Master Servicer alone, and the NIMS NIMs Insurer, the Trustee or Trustee, the Trust Administrator and Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Master Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Master Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Floating Rate Mortgage Pass-Through Cert-Series 2001-2)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, Trustee the Trustee, the Certificate Insurer or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS Insurer, the Trustee Trustee, the Certificate Insurer or Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-Fxd2)
No Contractual Relationship Between Sub. Servicers and the NIMS InsurerTrust Administrator, the Trustee or Certificateholders. Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the NIMS InsurerTrust Administrator, the Trustee Trustee, Certificateholders or Certificateholders the Certificate Insurer shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Sub- Servicer, irrespective of whether the Servicer's compensation pursuant to this Agreement is sufficient to pay such fees.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Salomon Bros MRT Sec Vii Inc MRT PSS THR Cert Ser 1998 Nc7)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or Certificateholders. Certificateholders Any Sub-Servicing Sub‑Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer Sub‑Servicer in its capacity as such shall be deemed to be between the Sub-Servicer related Sub‑Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer such Sub‑Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-ServicerSub‑Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such feesfees and such fees shall not be an expense of the Trust.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2)
No Contractual Relationship Between Sub. Servicers and the NIMS Insurer, the Trustee or Certificateholders. Any Sub-Servicing Sub‑Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer Sub‑Servicer in its capacity as such shall be deemed to be between the Sub-Servicer related Sub‑Servicer and the Servicer alone, and the NIMS InsurerTrustee, the Trustee or NIMS Insurer and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer such Sub‑Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-ServicerSub‑Servicer, irrespective of whether the Servicer's ’s compensation pursuant to this Agreement is sufficient to pay such feesfees and such fees shall not be an expense of the Trust.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-8)