Trustee Not Liable for Certificates. The recitals contained herein and in the Certificates (other than the signature of the Trustee, the authentication of the Certificate Registrar on the Certificates, the acknowledgments of the Trustee contained in Article II and the representations and warranties of the Trustee in Section 6.12) shall be taken as the statements of the Depositor and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement (other than as specifically set forth in Section 6.12) or of the Certificates (other than the signature of the Trustee and authentication of the Certificate Registrar on the Certificates). The Trustee shall not be accountable for the use or application by the Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds, other than any funds held by or on behalf of the Trustee in accordance with Section 3.01.
Appears in 2 contracts
Sources: Trust Agreement (Salomon Brothers Mortgage Securities Vii Inc), Trust Agreement (Solomon Bros Mort Securities Vii Trust Cert Series 1999 1)
Trustee Not Liable for Certificates. The recitals contained herein and in the Certificates (other than the signature of the Trustee, the authentication of the Certificate Registrar on the Certificates, the acknowledgments of the Trustee contained in Article II and the representations and warranties of the Trustee in Section 6.126.11) shall be taken as the statements of the Depositor and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement (other than as specifically set forth in Section 6.126.11) or of the Certificates (other than the signature of the Trustee and authentication of the Certificate Registrar on the Certificates). The Trustee shall not be accountable for the use or application by the Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds, other than any funds held by or on behalf of the Trustee in accordance with Section 3.01.
Appears in 1 contract
Sources: Trust Agreement (Salomon Brothers Mort Sec Vii Inc Trust Cert Series 1996-4)