Common use of Guarantee Absolute Clause in Contracts

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondi▇▇▇▇▇l irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this Guarante▇.

Appears in 49 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust), Servicing Agreement (Wells Fargo Asset Securities Corp)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondiuncondit▇▇▇▇▇l irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this Guarante▇Guarantee.

Appears in 8 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar8 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar3 Trust)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondiuncon▇▇▇▇▇l nal irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this GuaranteGuaran▇▇▇.

Appears in 8 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-2 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-10 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-16 Trust)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondiunco▇▇▇▇▇l onal irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this GuaranteGuara▇▇▇▇.

Appears in 3 contracts

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar1 Trust)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondi▇▇▇▇▇l irrespective of: (i) any change in the t 0 6 he time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this Guarante▇.

Appears in 2 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-16 Trust), Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa6 Trust)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondiuncon▇▇▇▇▇l nal irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this GuaranteGuara▇▇▇▇.

Appears in 2 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-13 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-7 Trust)

Guarantee Absolute. The liability of Wells ▇▇▇▇▇ Fargo under this Guarantee shall be absolute and uncondi▇▇▇▇▇l unconditional irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells ▇▇▇▇▇ Fargo as defenses to its obligations under this Guarante▇Guarantee.

Appears in 2 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-19 Trust), Servicing Agreement (Wells Fargo Asset Securities Corp)

Guarantee Absolute. The liability of Wells W▇▇▇▇ Fargo under this Guarantee shall be absolute and uncondi▇▇▇▇▇l unconditional irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's ’s Obligation; (ii) the avoidance or subordination of any Servicer's ’s Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's ’s Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's ’s Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's ’s Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells W▇▇▇▇ Fargo as defenses to its obligations under this Guarante▇Guarantee.

Appears in 1 contract

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp)

Guarantee Absolute. The liability of Wells Fargo under this Guarantee shall be absolute and uncondiuncond▇▇▇▇▇l al irrespective of: (i) any change in the time, manner of place of performance of, or in any other term of, the Servicer's Obligation; (ii) the avoidance or subordination of any Servicer's Obligation, or the invalidity or unenforceability thereof; (iii) the waiver, consent, extension, forbearance or granting of any indulgence, or other modification or amendment to any obligation of Servicer under the Servicing Agreement; including without limitation the Servicer's Obligation; (iv) the disallowance under bankruptcy or similar laws relating to insolvency applicable to Servicer of all or any portion of any claim by the Trustee or certificate holders for the performance, satisfaction, and discharge of the Servicer's Obligation; or (v) any other circumstance that might otherwise constitute a defense to, or a discharge of the Servicer's Obligation (except for an express written release or discharge of Servicer by the Trustee), all of the foregoing being expressly waived by Wells Fargo as defenses to its obligations under this GuaranteGuarant▇▇.

Appears in 1 contract

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar15 Trust)