Common use of Trustee Capacity Clause in Contracts

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Sasco 2006-Bc3), Isda Master Agreement (Sasco 2006-Bc3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee Citibank, N.A. not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC317, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 17 is made and intended not as personal representations, undertakings and agreements by the Trustee Citibank, N.A. but is made and intended for the purpose of binding only Supplemental Interest TrustTrust ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Structured Asset Securities Corporation Series 2006-BC317, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National AssociationCitibank, N.A., individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee Citibank, N.A. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 17 under this Agreement or any other related documentsAgreement.

Appears in 2 contracts

Sources: Isda Master Agreement (Lehman XS Trust 2006-17), Isda Master Agreement (Lehman XS Trust 2006-17)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as the trustee of the Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust 2006-BC3BNC3, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust 2006-BC3 BNC3 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only the Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust 2006-BC3BNC3, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust 2006-BC3 BNC3 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Sail 2006-Bnc3), Isda Master Agreement (Sail 2006-Bnc3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation First Franklin Mortgage Loan Trust 2006-BC3FF12, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation First Franklin Mortgage Loan Trust 2006-BC3 FF12 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation First Franklin Mortgage Loan Trust 2006-BC3FF12, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation First Franklin Mortgage Loan Trust 2006-BC3 FF12 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff12), Isda Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff12)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-BC31, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-BC3 1 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-BC31, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-BC3 1 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Structured Asset Investment Loan Trust 2006-1), Isda Master Agreement (Structured Asset Investment Loan Trust 2006-1)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-11, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-11 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-11, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-11 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Structured Asset Investment Loan Trust 2005-11), Isda Master Agreement (Structured Asset Investment Loan Trust 2005-11)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation Mortgage Loan Trust 2006-BC3S3, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation Mortgage Loan Trust 2006-BC3 S3 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation Mortgage Loan Trust 2006-BC3S3, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation Mortgage Loan Trust 2006-BC3 S3 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Sasco 2006-S3), Isda Master Agreement (Sasco 2006-S3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation BNC Mortgage Loan Trust 2006-BC32, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation BNC Mortgage Loan Trust 2006-BC3 2 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation BNC Mortgage Loan Trust 2006-BC32, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation BNC Mortgage Loan Trust 2006-BC3 2 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (BNC Mortgage Loan Trust 2006-2), Isda Master Agreement (BNC Mortgage Loan Trust 2006-2)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee LaSalle Bank National Association not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC311, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 11 is made and intended not as a personal representationsrepresentation, undertakings and agreements by the Trustee undertaking or agreement of LaSalle Bank National Association but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC311, (iii) nothing herein contained shall be construed as creating imposing any liability on the part of U.S. LaSalle Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee LaSalle Bank National Association be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 11 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Lehman XS Trust 2006-11), Isda Master Agreement (Lehman XS Trust 2006-11)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee Citibank, N.A. not individually or personally but solely as the trustee of the Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC313, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 13 is made and intended not as personal representations, undertakings and agreements by the Trustee Citibank, N.A. but is made and intended for the purpose of binding only the Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC313, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National AssociationCitibank, N.A., individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee Citibank, N.A. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 13 under this Agreement or any other related documents.

Appears in 2 contracts

Sources: Isda Master Agreement (Lehman XS 2006-13), Isda Master Agreement (Lehman XS 2006-13)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee U.S. Bank National Association not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-HE3, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-HE3 is made and intended not as personal representations, undertakings and agreements by the Trustee U.S. Bank National Association. but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-HE3, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee U.S. Bank National Association. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-HE3 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Structured Asset Investment Loan Trust 2005-He3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex is executed by Deutsche Bank National Trust Company (i) this Agreement Annex is executed and delivered by the Trustee Deutsche Bank National Trust Company not individually or personally in its individual capacity but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3, Trustee under the PSA in the exercise of the powers and authority conferred and vested invested in it under the Trust Agreementas trustee thereunder, (ii) Deutsche Bank National Trust Company has been directed pursuant to the PSA to enter this Agreement and perform its obligations hereunder on behalf of the Trust, (iii) each of the representations, undertakings and agreements herein made on behalf of the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3 Trust is made and intended not as personal representations, undertakings and agreements by the Trustee representations of Deutsche Bank National Trust Company but is made and intended for the purpose of binding only Supplemental Interest the Trust, Structured Asset Securities Corporation 2006-BC3(iv) except as expressly required by the terms of the PSA, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Deutsche Bank National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto who are signatories to this Agreement and by any Person person claiming by, through or under the parties hereto such parties, and (ivv) under no circumstances shall the Trustee Deutsche Bank National Trust Company in its individual capacity be personally liable for the payment of any indebtedness or expenses of the Trust or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by under this Annex, as to all of which recourse shall be had solely to the assets of the Supplemental Interest Trust, Structured Asset Securities Corporation 2006-BC3 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Sast 2007-3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee U.S. Bank National Association not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-GEL3, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-GEL3 is made and intended not as personal representations, undertakings and agreements by the Trustee U.S. Bank National Association. but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-GEL3, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee U.S. Bank National Association. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-GEL3 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (SASCO Mortgage Loan Trust Series 2005-Gel3)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC312N, in the exercise of the powers and authority conferred and vested in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 12N is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest TrustTrust ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Structured Asset Securities Corporation Series 2006-BC312N, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation ▇▇▇▇▇▇ XS Trust Mortgage Pass-Through Certificates, Series 2006-BC3 12N under this Agreement or any other related documentsAgreement.

Appears in 1 contract

Sources: Isda Master Agreement (Lehman XS Trust Series 2006-12n)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-7, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-7 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3Through Certificates, Series 2005-7, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Investment Loan Trust Mortgage Pass-BC3 Through Certificates, Series 2005-7 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Structured Asset Investment Loan Trust 2005-7)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee U.S. Bank National Association not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-WF4, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-WF4 is made and intended not as personal representations, undertakings and agreements by the Trustee U.S. Bank National Association. but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-WF4, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee U.S. Bank National Association. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-WF4 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Structured Asset Securities Corp 2005-Wf4)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee Wilmington Trust Company, not individually or personally but solely as owner trustee of Supplemental Interest Trust, Structured Aegis Asset Backed Securities Corporation 2006Trust 2004-BC36, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Aegis Asset Backed Securities Corporation 2006Trust 2004-BC3 6 is made and intended not as personal representations, undertakings and agreements by the Trustee Wilmington Trust Company but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Aegis Asset Backed Securities Corporation 2006Trust Series 2004-BC36, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National AssociationWilmington Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Aegis Asset Backed Securities Corporation 2006Trust 2004-BC3 6 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Aegis Asset Backed Securities Trust 2004-6)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee U.S. Bank National Association not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-OPT1, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-OPT1 is made and intended not as personal representations, undertakings and agreements by the Trustee U.S. Bank National Association. but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-OPT1, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee U.S. Bank National Association. be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-OPT1 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Structured Asset Securities Corporation, 2005 OPT-1)

Trustee Capacity. It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee not individually or personally but solely as trustee of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-AR1, in the exercise of the powers and authority conferred and vested in it under the Trust Agreementit, (ii) each of the representations, undertakings and agreements herein made on the part of Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-AR1 is made and intended not as personal representations, undertakings and agreements by the Trustee but is made and intended for the purpose of binding only Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3Through Certificates, Series 2005-AR1, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank National Associationthe Trustee, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (iv) under no circumstances shall the Trustee be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Supplemental Interest Trust, Structured Asset Securities Corporation 2006Mortgage Pass-BC3 Through Certificates, Series 2005-AR1 under this Agreement or any other related documents.

Appears in 1 contract

Sources: Isda Master Agreement (Structured Asset Securities Corp 2005-Ar1)