Common use of Respective Liabilities Clause in Contracts

Respective Liabilities. of the Depositor and the Master ------------------------------------------------------ Servicer. -------- The Depositor and the Master Servicer shall each be liable in accordance with this Agreement only to the extent of the obligations specifically and respectively imposed upon and undertaken by them in this Agreement.

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (CWMBS Inc)