Common use of System Clause in Contracts

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company or the Master Servicer.

Appears in 211 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Custodial Agreement (Residential Accredit Loans Inc)

AutoNDA by SimpleDocs

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 99 contracts

Samples: Pooling and Servicing Agreement (RAMP Series 2006-Rs3 Trust), Pooling and Servicing Agreement (Residential Funding Mortgage Securities Ii Inc), Pooling and Servicing Agreement (RAMP Series 2007-Rs1 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.

Appears in 21 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Mort Prod Inc Gmacm Mort Ln Tr 03-J2), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mort Product Gmacm Loan Ser 2003-Ar1)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Collection Account by the Company Servicer, other than any funds held by or on behalf of the Master ServicerTrustee in accordance with Section 3.10, subject to Section 8.01.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc Carrington Mortgage Loan Trust, Series 2004-Nc2), Custodial Agreement (Carrington Mortgage Loan Trust Inc Series 2005-Opt2), Custodial Agreement (Citigroup Mortgage Loan Trust Inc Series 2005-Opt1)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Servicer, other than any funds held by or on behalf of the Master ServicerTrustee in accordance with Section 3.10, subject to Section 8.01.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Nc1), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Nc2), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Fre1)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Collection Account by the Company Servicer, other than any funds held by or on behalf of the Master ServicerTrustee in accordance with Section 3.10.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Wmc2), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pas THR Cert Se 03 WMC), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Fre1)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 116

Appears in 3 contracts

Samples: Custodial Agreement (Residential Asset Securities Corp), Custodial Agreement (RASC Series 2004-Ks8 Trust), Custodial Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 110

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer...

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Custodial Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company or the Master Servicer.. 86

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 109

Appears in 2 contracts

Samples: Custodial Agreement (Residential Asset Securities Corp), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company or the Master Servicer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp), Pooling and Servicing Agreement (Impac Secured Assets Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 118

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (RASC Series 2004-Ks11 Trust), Pooling and Servicing Agreement (Residential Asset Securities Rasc Series 2004-Ks3 Trust)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor, the Master Servicer or the Master Special Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Collection Account by the Company Master Servicer or the Master Special Servicer, other than any funds held by or on behalf of the Trustee in accordance with Section 3.10.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc Series 2004-Ncm2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Mortgage Pass-Through Certificates, Series 2004-Ncm1)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 129

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RAMP Series 2006-Rs4 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for foR the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2005-Aa1)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans 101 or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or 117 for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans 144 or deposited in or withdrawn from the Custodial Account or the Certificate Collection Account by the Company Servicer, other than any funds held by or on behalf of the Master ServicerTrustee in accordance with Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates, Series 2004-Wmc3)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master 133 Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 130

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 127

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the The Trustee shall not be accountable for the use or application by the Company or the Master Servicer Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Servicer, other than any funds held by or on behalf of the Master Servicer.Trustee in accordance with Section 3.10, subject to Section 8.01. 125

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Fre2)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. 102

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or 118 for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Securities Corp)

AutoNDA by SimpleDocs

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 107

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RASC Series 2005-Ks3 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 103

Appears in 1 contract

Samples: Custodial Agreement (RASC Series 2005-Ks7 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company or the Master Servicer. Section 8.04.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. Pooling and Servicing Agreement -103-

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer. Section 8.04.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from 100 the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master 121 Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Custodial Agreement (RASC Series 2004-Ks6 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. 95

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. 100

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 119

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. 109

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Gmacm Trust 2004-J1)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.. 117

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RASC Series 2004-Ks10 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master 119 Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RASC Series 2005-Ks2 Trust)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the 110 Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Payment Account by the Company or the Master Servicer.. 107

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

System. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company Depositor or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company Depositor or the Master 121 Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company Depositor or the Master Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.