Common use of Obligations of the Sellers Clause in Contracts

Obligations of the Sellers. The obligations and liability of each of the Sellers under this Agreement are several, and no Seller shall be responsible for the obligations of any other Seller under this Agreement. Each representation, warranty, indemnity and covenant made by one Seller under the Agreement is made by, or on behalf of, and with respect to, that Seller only and not any other Seller.

Appears in 8 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-3), Mortgage Loan Purchase and Sale Agreement (GSR Mortgage Loan Trust 2006-9f), Servicing Agreement (Bear Stearns Asset Backed Securities Inc)

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Obligations of the Sellers. The obligations and liability of each of the Sellers under this Assignment Agreement are several, and no Seller shall be responsible for the obligations of any other Seller under this Assignment Agreement. Each representation, warranty, indemnity and covenant made by one Seller under the Assignment Agreement is made by, or on behalf of, and with respect to, that Seller only and not any other Seller.]

Appears in 3 contracts

Samples: Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Servicing Agreement (GSR Mortgage Loan Trust 2006-9f), Servicing Agreement (GSR Mortgage Loan Trust 2006-8f)

Obligations of the Sellers. The obligations and liability of each of the Sellers under this Agreement are several, and no neither Seller shall be responsible for the obligations of any the other Seller under this Agreement. Each representation, warranty, indemnity and covenant made by one a Seller under the Agreement is made by, or on behalf of, and with respect to, that Seller only and not any the other Seller.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Sale Agreement (Citigroup Mortgage Loan Trust Inc., Series 2006-Ar2), Mortgage Loan Purchase Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1)

Obligations of the Sellers. The obligations and liability of each of the Sellers under this Agreement are several, and no Seller shall be responsible for the obligations of any other Seller under this Agreement. Each representation, warranty, indemnity and covenant made by one Seller under the Agreement is made by, or on behalf of, and with respect to, that Seller only and not to any other Seller.

Appears in 1 contract

Samples: Assumption and Recognition Agreement (Greenwich Capital Acceptance Inc)

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Obligations of the Sellers. The obligations and liability liabilities of each of the Sellers under this Agreement are several, and no Seller shall be responsible for the obligations of any the other Seller under this Agreement. Each representation, warranty, indemnity and covenant made by one Seller under the Agreement is made by, or on behalf of, and with respect to, that Seller only and not any the other Seller.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement (WaMu Asset Acceptance Corp.)

Obligations of the Sellers. The obligations and liability of each of the Sellers under this Agreement are several, and no Seller shall be responsible for the obligations of any other Seller under this Agreement. Each representation, warranty, indemnity warranty and covenant made by one Seller under the this Agreement is made by, or on behalf of, and with respect toto , that Seller only and not to any other Seller.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mort Sec Corp M B P T C Se 00 Wm2)

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