Liability of Seller Sample Clauses

Liability of Seller. The Seller shall pay organizational expenses of the Trust as they may arise or shall, upon the request of the Owner Trustee and upon receipt of documentation or invoices therefor, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.
Liability of Seller. Seller shall be liable in accordance ------------------- herewith to the extent, and only to the extent, of the obligations specifically undertaken by Seller hereunder.
Liability of Seller. 67 SECTION 5.02 Merger or Consolidation of, or Assumption of the Obligations of, Seller; Certain Limitations................................................................................................... 67 SECTION 5.03 Limitation on Liability of Seller and Others............................................ 68 SECTION 5.04 Seller Not to Resign.................................................................... 68 SECTION 5.05 Seller May Own Notes and Residual Interest Instruments.................................. 68 ARTICLE VI
Liability of Seller. 13 SECTION 6.2 Merger or Consolidation of Seller or Purchaser............13 SECTION 6.3 Limitation on Liability of Seller and Others..............14 SECTION 6.4 Seller May Own Notes or the Certificate...................14 SECTION 6.5 Amendment.................................................14 SECTION 6.6 Notices...................................................15 SECTION 6.7 Merger and Integration....................................15 SECTION 6.8
Liability of Seller. Notwithstanding any Subservicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between Seller and a Subservicer or reference to actions taken through a Subservicer or otherwise, Seller shall remain obligated and liable to Purchaser for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 10.01 without diminution of such obligation or liability by virtue of such Subservicing Agreements or arrangements or by virtue of indemnification from the Subservicer for any acts and omissions and to the same extent and under the same terms and conditions as if Seller alone were servicing and administering the Mortgage Loans and any other transactions or services relating to the Mortgage Loans involving the Subservicer shall be deemed to be between the Subservicer and Seller alone and Purchaser shall have no obligations, duties or liabilities with respect to the Subservicer including no obligation, duty or liability of Purchaser to pay Subservicer's fees and expenses except pursuant to an assumption of Seller's obligations pursuant to Section 16.01. For purposes of this Agreement, Seller shall be deemed to have received payments on Mortgage Loans when the Subservicer has received such payments. Seller shall be entitled to enter into any agreement with a Subservicer for indemnification of Seller by such Subservicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Seller shall pay all fees and expenses of the Subservicer from its own funds, the Servicing Fee or other amounts permitted to be retained by or reimbursed to Seller hereunder.