Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1323 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He6), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-3), Pooling and Servicing Agreement (First Horizon Asset Securities Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Trust Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 158 contracts
Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2007-Hf1), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust FundEstate, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication and delivery thereof by the Trustee pursuant to this Agreement, Section 6.01 are and shall be deemed fully paid.
Appears in 125 contracts
Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2006-E Trust), Pooling and Servicing Agreement (Banc of America Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Securities Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 118 contracts
Samples: Pooling and Servicing Agreement (Hsi Asset Securitization Corp Trust 2007-Opt1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He4), Pooling and Servicing Agreement (HASCO Trust 2007-He2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * *
Appears in 110 contracts
Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Trust 2005-He3), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac6), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust FundEstate, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Estate or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, Section 6.01 are and shall be deemed fully paid.
Appears in 73 contracts
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Asset Funding Trust, LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Authenticating Agent pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 58 contracts
Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust Asset-Backed Certificates, Series TMTS 2005-6he), Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2004-22sl), Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-12alt)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 38 contracts
Samples: Trust and Servicing Agreement (WFRBS Commercial Mortgage Trust 2013-C18), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30), Trust and Servicing Agreement (CSAIL 2020-C19 Commercial Mortgage Trust)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate-holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 36 contracts
Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Section 6.02 are and shall be deemed fully paid.
Appears in 29 contracts
Samples: Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Capital One Master Trust)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * *
Appears in 28 contracts
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-2 Trust), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-4 Trust), Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust FundIssuing Entity, that the interests in the Trust Fund Issuing Entity represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Authenticating Agent pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 26 contracts
Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Bc2), Pooling and Servicing Agreement (Mortgage Loan Asset-Backed Certificates, Series 2006-He4), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2006-Ff18)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 24 contracts
Samples: Pooling and Servicing Agreement (Indymac Abs Inc Hm Eq Mort Ln Asset Back Tr Ser SPMD 2001-B), Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Cert Ser 2002-He2), Pooling and Servicing Agreement (Mellon Residential Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate-holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * *
Appears in 21 contracts
Samples: CWMBS (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * *
Appears in 21 contracts
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Cwabs Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Contract Seller that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (Greenpoint Credit Corp), Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Financial Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall the certificate holders will not be personally liable for obligations of the Trust Fund, that the interests in represented by the certificates will be nonassessable for any losses or expenses of the Trust Fund represented by the Certificates shall be nonassessable or for any reason whatsoever, and that the Certificates, certificates upon due authentication thereof by the Trustee pursuant to this Agreement, section 2.5 are and shall will be deemed fully paid.
Appears in 14 contracts
Samples: Pooling Agreement (Citicorp Mortgage Securities Inc), Pooling Agreement (Citicorp Mortgage Securities Inc), Pooling Agreement (Citicorp Mortgage Securities Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor and the Trustee that the Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-E), Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2007-A), Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Securities Administrator pursuant to this Agreement, are and shall be deemed fully paid.. * * *
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-St1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-Ac5)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication and delivery thereof by the Trustee pursuant to this Agreement, Section 6.02 are and shall be deemed fully paid.
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Authenticating Agent pursuant to this Agreement, are and shall be deemed fully paid.. * * *
Appears in 11 contracts
Samples: Pooling and Servicing Agreement (Chase Funding Inc), Pooling and Servicing Agreement (Chase Funding Inc), Pooling and Servicing Agreement (Chase Funding Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that the Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 11 contracts
Samples: Pooling and Servicing Agreement (Popular ABS Inc Mortgage Pass-Through Certificates Series 2004-5), Pooling and Servicing Agreement (Equity One Abs Mortgage Pass Through Trust 2003-3), Pooling and Servicing Agreement (Equity One Mortgage Pass-Through Trust 2004-2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * * *
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Trust 2002-Nc2), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Trust 2002-Ami), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Trust 2001-Nc2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 8 contracts
Samples: Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2022-L8), Trust and Servicing Agreement (Benchmark 2022-B32 Mortgage Trust), Trust and Servicing Agreement (JPMBB Commercial Mortgage Securities Trust 2015-C28)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Investor Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Investor Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Investor Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Distribution Financial Services Floorplan Master Trust), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust FundIssuing Entity, that the interests in the Trust Fund Issuing Entity represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Ab1), Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Ab3), Pooling and Servicing Agreement (SURF Mortgage Loan Asset-Backed Certificates, Series 2007-Bc1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 6 contracts
Samples: Trust and Servicing Agreement (GS Mortgage Securities Trust 2020-Gc47), Trust and Servicing Agreement (Benchmark 2021-B25 Mortgage Trust), Trust and Servicing Agreement (Benchmark 2020-B21 Mortgage Trust)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that the Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 6 contracts
Samples: Citicorp Residential Mortgage Securities, Inc., These Standard Terms for Pooling and Servicing Agreements (Citicorp Residential Mortgage Trust Series 2006-2), Pooling Agreement (Citicorp Residential Mortgage Trust Series 2007-2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, Section 6.01 are and shall be deemed fully paid.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Trust Administrator pursuant to this Agreement, are and shall be deemed fully paid.. [Signature Page Follows]
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-10), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-9), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages 2005-1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Registrar pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-D), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I LLC), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-A)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 4 contracts
Samples: Trust and Servicing Agreement (Deutsche Mortgage & Asset Receiving Corp), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. [Signature Page Follows]
Appears in 4 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1), Pooling and Servicing Agreement (Morgan Stanley Abs Mort Pass THR Certs Ser 2003-He3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 4 contracts
Samples: Trust and Servicing Agreement (BBCMS Mortgage Trust 2019-C5), Trust and Servicing Agreement (UBS Commercial Mortgage Trust 2019-C17), Trust and Servicing Agreement (BBCMS Mortgage Trust 2019-C4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Seller that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB), Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc), Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders Certificate holders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * *
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Indymac Abs Inc), Pooling and Servicing Agreement (Mellon Residential Funding Corp Home Eq Instal Loan Tru 99-1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders (and the Certificate owners) shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund Undivided Interests represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Section 6.02 are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (American Express Centurion Bank), Master Pooling and Servicing Agreement (American Express Centurion Bank), Pooling and Servicing Agreement (American Express Credit Account Master Trust)
Certificates Nonassessable and Fully Paid. It is the ----------------------------------------- intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Section 6.02 are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Mail Well Inc), Pooling and Servicing Agreement (Capital One FSB), Pooling and Servicing Agreement (Asset Backed Securities Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 125
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Bsabs 2005-1), Pooling and Servicing Agreement (Bsabs 2005-1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2005-2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor this Agreement that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, Section 2.04 hereof are and shall be deemed fully paid.. * * *
Appears in 3 contracts
Samples: Trust Agreement (Greenwich Capital Acceptance Inc), Trust Agreement (Greenwich Capital Acceptance Inc), Trust Agreement (Greenwich Capital Acceptance Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties hereto that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the Certificates, Certificates upon due authentication execution and delivery thereof by the Trustee pursuant to this Agreement, and authentication by the Certificate Registrar are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC), Trust Agreement (GNMAG Asset Backed Securitizations, LLC), Trust Agreement (GNMAG Asset Backed Securitizations, LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due 263 authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Trust and Servicing Agreement (Bank 2022-Bnk41), Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2022-L8), Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2022-C62)
Certificates Nonassessable and Fully Paid. It is the ----------------------------------------- intention of the Depositor parties to this Agreement that the Investor Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Sections -------- 2.07 and 6.02 are and shall be deemed fully paid.. ---- ----
Appears in 3 contracts
Samples: Servicing Agreement (Safeguard Scientifics Inc Et Al), Pooling and Servicing Agreement (Compucom Systems Inc), Servicing Agreement (Compucom Systems Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Section 6.2 are and shall be deemed fully paid.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Target Corp), Pooling and Servicing Agreement (Target Receivables Corp), Pooling and Servicing Agreement (Pier 1 Imports Inc/De)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 104
Appears in 2 contracts
Samples: Custodial Agreement (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 119
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx4), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 176
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He3), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 122
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa2), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 133
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-2), Pooling and Servicing Agreement (Credit Suisse First Boston Mort Sec Corp Home Eq Mo Tr 03 7)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * Pooling & Servicing Agreement
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2004-Ar1), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2004-Ar2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 109
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx2), Trust Agreement (GSAA Home Equity Trust 2007-2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication and delivery thereof by the Trustee pursuant to this Agreement, Section 6.2 are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Credit Card Receivables Funding Corp), Pooling and Servicing Agreement (Partners First Receivables Funding Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * * *
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (GSAMP Trust 2004-Nc1), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Series 2002-Nc4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 140
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWABS Asset Backed Certificates Trust 2004-Bc3), Pooling and Servicing Agreement (CWABS Asset Backed Certificates Trust 2004-Bc3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 129
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Home Equity Mortgage Pass Through Certificates Series 2002-2), Pooling and Servicing Agreement (Home Equity Mortgage Pass-Through Certificates Series 2003-5)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 116
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bears Stearns Asset Backed Securities Trust 2005-Sd2), Pooling and Servicing Agreement (Bears Stearns Asset Backed Securities Trust 2005-Sd2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Trustee, as authenticating agent, pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-He1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 128
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CSFB Mort Sec Corp Home Equity Mort Trust 2002-3), Pooling and Servicing Agreement (CSFB Mort Sec Corp Home Equity Mort Trust 2002-3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 135
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mort Sec Corp Ho Eq Mo Tr 2002-5), Pooling and Servicing Agreement (Credit Suisse First Boston Mor Sec Corp Series 2002-1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Contract Sellers that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bank of America FSB/Ca), Pooling and Servicing Agreement (Bank of America National Trust & Saving Association)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. [Signature Page Follows]
Appears in 2 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 102
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc 2000-5 Trust)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that the Certificateholders shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, Sections 2.07 and 6.02 are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that The Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund 215 represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Administrator pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2021-C61)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that the Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, Certificates upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Registrar pursuant to this Agreement, are and shall be deemed fully paid.. Fremont 2006-E Pooling & Servicing Agreement 187
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-E)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 113 * * *
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders parties to this Agreement that, except as expressly provided herein, no Certificateholder shall not be personally liable for obligations of the Trust Fundor the Trustee, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or the Trustee for any reason whatsoever, whatsoever and that the Certificates, Certificates upon due authentication thereof execution and delivery by the Trustee pursuant to this Agreement, Section 2.02 hereof are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust FundIssuing Entity, that the interests in the Trust Fund Issuing Entity represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 134
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Loan Asset-Backed Certificates, Series 2006-Ab2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates Fremont 2005-B Pooling & Servicing Agreement 156 shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fremont Mortgage Securities Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 152
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2005-2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties hereto that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and 117 that the Certificates, Certificates upon due authentication execution and delivery thereof by the Trustee pursuant to this Agreement, [Trustee] [Securities Administrator] and authentication by the Certificate Registrar are and shall be deemed fully paid.
Appears in 1 contract
Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * *
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. EXECUTION COPY
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Mastr Alternative Loan Trust 2004-3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due 137 authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * *
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Cwabs Inc. Asset-Backed Certificates Trust 2005-Im2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Securities Administrator pursuant to this Agreement, are and shall be deemed fully paid.. 189
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust FundIssuing Entity, that the interests in the Trust Fund Issuing Entity represented by the Certificates 143 shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust FundIssuing Entity, that the interests in the Trust Fund Issuing Entity represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 128
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * * 103 109
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 2000-Tbc1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties to this Agreement that Certificateholders no Certificateholder shall not be personally liable for obligations of the Trust FundTrust, that the interests in the Trust Fund represented by the Investor Certificates and the Exchangeable Certificate shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, whatsoever and that Investor Certificates and the Certificates, Exchangeable Certificate upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor this Trust Agreement that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, Section 2.04 hereof are and shall be deemed fully paid.
Appears in 1 contract
Samples: Trust Agreement (Washington Mutual Mort Ps THR Certs Ser 2003-R1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Certificate Registrar pursuant to this Agreement, are and shall be deemed fully paid.. 161
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SunTrust Mortgage Securitization, LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 122
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 108
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 117
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Al1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 130
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2005-3)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be 112 nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc Mort Ln as Bk Ce Ser 2003 Bc4)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 135
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2003-Bc1)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 160
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Authenticating Agent pursuant to this Agreement, are and shall be deemed fully paid.. * * * 136
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Funding Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor parties hereto that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the Certificates, Certificates upon due authentication execution and delivery thereof by the Trustee pursuant to this Agreement, Securities Administrator and authentication by the Certificate Registrar are and shall be deemed fully paid.
Appears in 1 contract
Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Contract Seller that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due 103 authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * * * * 110
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Equity One Abs Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor intended that Certificateholders shall not be personally liable for obligations of the Trust Fund, and that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust or for any reason whatsoever, and that . Full payment for the Certificates, purchase of the Certificates shall be deemed to have been made upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paidSection 2.05.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Resource America Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor Trustee that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the beneficial ownership interests in the Trust Fund represented by the Certificates shall be nonassessable for any losses or expenses of the Trust Fund or for any reason whatsoever, and that the CertificatesCertificates upon execution, upon due authentication countersignature and delivery thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. * * * 114
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.. 130
Appears in 1 contract
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any 150 reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee pursuant to this Agreement, are and shall be deemed fully paid.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Fre2)
Certificates Nonassessable and Fully Paid. It is the intention of the Depositor that Certificateholders shall not be personally liable for obligations of the Trust Fund, that the interests in the Trust Fund represented by the Certificates shall be nonassessable for any reason whatsoever, and that the Certificates, upon due authentication thereof by the Trustee Authenticating Agent pursuant to this Agreement, are and shall be deemed fully paid.. * * * 129
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Funding Inc)
