Servicer Liability. In the event the Certificateholders fail to pay all or any portion of any fees, expenses or indemnification amounts to the Owner Trustee or the Trust Paying Agent for which they are liable under this Article VIII, the Servicer shall pay such amounts to the Owner Trustee or the Trust Paying Agent, as the case may be, promptly after receipt of an invoice therefor from the party entitled thereto.
Appears in 5 contracts
Samples: Deposit Trust Agreement (Fund America Investors Corp Ii), Deposit Trust Agreement (Fund America Investors Corp Ii), Deposit Trust Agreement (Prudential Securities Secured Financing Corp)
Servicer Liability. In the event the Certificateholders fail to pay all or any portion of any fees, expenses expenses, or indemnification amounts to the Owner Trustee or the Trust Paying Agent for which they are liable under this Article VIII, the Servicer shall pay such amounts to the Owner Trustee or the Trust Paying Agent, as the case may be, promptly after receipt of an invoice therefor from the party entitled thereto.
Appears in 2 contracts
Samples: Deposit Trust Agreement (Union Planters Home Equity Corp), Deposit Trust Agreement (Union Planters Mortgage Finance Corp)
Servicer Liability. In the event the Certificateholders fail to pay all or any portion of any fees, expenses expenses, or indemnification amounts to the Owner Trustee or the Trust Paying Agent for which they are liable under this Article VIII, the Servicer shall pay such amounts to the Owner Trustee or the Trust Paying Agent, as the case may be, promptly after receipt of an invoice therefor therefore from the party entitled thereto.
Appears in 1 contract
Samples: Deposit Trust Agreement (Residential Resources Inc)
