Common use of No Purchaser Responsibility Clause in Contracts

No Purchaser Responsibility. Purchaser shall have no responsibility, liability or other obligation whatsoever under any Servicing Agreement or with respect to any Mortgage Loan, or to make any advance thereunder, or to pay any servicing fees.

Appears in 54 contracts

Samples: Future Spread Agreement, Sale Agreement (Korth Direct Mortgage LLC), www.sec.gov

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No Purchaser Responsibility. Purchaser shall have no responsibility, liability or other obligation whatsoever under any Servicing Agreement or with respect to any Mortgage Loan, or to make any advance thereunder, or to pay any servicing fees. Purchaser shall have no right to control the manner in which Seller satisfies its obligations under the Servicing Agreements. Seller is and shall be responsible for the acts or omissions of its sub-servicer and for all costs of originating any Mortgage Loan.

Appears in 3 contracts

Samples: Flow and Bulk Purchase Agreement, Flow and Bulk Purchase Agreement (Cherry Hill Mortgage Investment Corp), Flow and Bulk Purchase Agreement (Cherry Hill Mortgage Investment Corp)

No Purchaser Responsibility. Purchaser shall have no responsibility, liability or other obligation whatsoever under any Servicing Agreement or with respect to any Mortgage Loan, or to make any advance thereunder, or to pay any servicing feesfees thereunder or for repurchase or origination claims thereunder.

Appears in 3 contracts

Samples: Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Newcastle Investment Corp, Newcastle Investment Corp

No Purchaser Responsibility. Purchaser shall have no responsibility, liability or other obligation whatsoever under any Servicing Agreement or with respect to any Mortgage Loan, or to make any advance thereunder, or to pay any servicing fees. Purchaser shall have no right to control the manner in which Seller satisfies its obligations under the Servicing Agreements. Seller is and shall be responsible for the acts or omissions of its sub-servicer and for all costs of originating any Mortgage Loan. Notwithstanding the foregoing, Purchaser is obligated as provided in the Acknowledgement Agreement.

Appears in 2 contracts

Samples: Acquisition and Recapture Agreement (Cherry Hill Mortgage Investment Corp), Acquisition and Recapture Agreement (Cherry Hill Mortgage Investment Corp)

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No Purchaser Responsibility. The Purchaser shall have no responsibility, liability or other obligation whatsoever under any the Servicing Agreement or with respect to any Mortgage Loan, or to make any advance thereunder, or to pay any servicing feesfees thereunder or for repurchase or origination claims thereunder.

Appears in 1 contract

Samples: Reference Spread Payment Agreement (GlassBridge Enterprises, Inc.)

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