Common use of Enforcement of Servicer’s and Master Servicer’s Obligations Clause in Contracts

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 49 contracts

Samples: Trust Agreement (Lehman XS Trust 2007-14h), Trust Agreement (Lehman XS Trust 2006-3), Trust Agreement (Lehman XS Trust 2006-11)

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Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 40 contracts

Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-2), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-S2), Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 22 contracts

Samples: Trust Agreement (Sasco 2007-Eq1), Trust Agreement (BNC Mortgage Loan Trust 2007-1), Trust Agreement (Structured Asset Investment Loan Trust 2006-Bnc1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees fees, costs, expenses and other amounts payable to a such Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 14 contracts

Samples: Trust Agreement (Lehman XS Trust Series 2007-7n), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar6), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar8)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 13 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4), Trust Agreement (Structured Asset Securities Corp)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 13 contracts

Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Trust Agreement (BNC Mortgage Loan Trust 2007-3), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust FundIssuer, the Indenture Trustee or the Master Servicer.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Thornburg Mortgage Securities Corp), Transfer and Servicing Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Custodial Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a such Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 5 contracts

Samples: Trust Agreement (Lehman XS Trust Series 2006-Gp4), Trust Agreement (Lehman XS Trust Series 2006-Gp2), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar4)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 4 contracts

Samples: Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc2), Trust Agreement (SASCO Mortgage Pass-Through Certifidates, Series 2005-Wmc1), Trust Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 3 contracts

Samples: Trust Agreement (NYMT Securities CORP), Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Fieldstone Mortgage Investment CORP)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 3 contracts

Samples: Trust Agreement (Structured Asset Securities Corp 2005-Wf4), Trust Agreement (SASCO Mortgage Loan Trust 2005-Wf3), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 3 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-FFB), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff10)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Trustee, the Securities Administrator or the Master Servicer.

Appears in 3 contracts

Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-2xs), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-16xs), Trust Agreement (Structured Asset Securities Corp Trust 2005-4xs)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 2 contracts

Samples: Trust Agreement (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Ff3)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2), Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Series 2003 Bc3)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 2 contracts

Samples: Trust Agreement (Amortizing Resi Collateral Tr Mor Pas Thru Cert Ser 2000-Bc3), Trust Agreement (Structured Asset Securities Corp Mo Pa Th Ce Se 2000-Bc2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires Agreements require the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable related Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. .References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. .Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-19-Xs)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.. 144

Appears in 1 contract

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff12)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Fremont Home Loan Trust 2004-3)

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Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2007-5h)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent 121 permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-6)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Sasco 2006-S3)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by the a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Am1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp. 2005-Rms1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.. 154

Appears in 1 contract

Samples: Trust Agreement (BNC Mortgage Loan Trust 2006-2)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.. 143

Appears in 1 contract

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff14)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement ) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each The Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee Fund or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf1)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (Structured Adjustable Rate Mortgage)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans and Reserve Fund Mortgage Assets in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust FundIssuer, the Indenture Trustee or the Master Servicer.

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, Servicer to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a Servicer on behalf of the Master Servicer. Any fees fees, costs, expenses and other amounts payable to a such Servicer shall be deducted from amounts remitted to the Master Servicer by such the Servicer to the extent permitted by the applicable Servicing Agreement and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.. 148

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust Series 2006-12n)

Enforcement of Servicer’s and Master Servicer’s Obligations. (a) Each Servicing Agreement requires the applicable Servicer, respectively, to service the Mortgage Loans in accordance with the provisions thereof. References in this Agreement to actions taken or to be taken by the Master Servicer include actions taken or to be taken by a the Servicer on behalf of the Master Servicer. Any fees and other amounts payable to a the Servicer shall be deducted from amounts remitted to the Master Servicer by such Servicer (to the extent permitted by the applicable Servicing Agreement Agreement) and shall not be an obligation of the Trust Fund, the Trustee or the Master Servicer.

Appears in 1 contract

Samples: Trust Agreement (TBW 2006-3)

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