Common use of Trustee Not Liable for Certificates Clause in Contracts

Trustee Not Liable for Certificates. Class R Certificate or ----------------------------------------------------------- Loans. The Trustee assumes no responsibility for the correctness of the recitals ----- contained herein, in the Certificates or in the Class R Certificate (other than the Trustee's execution thereof). The Trustee makes no representations as to the validity or sufficiency of this Agreement, of the Certificates or of the Class R Certificate (other than its execution thereof) or of any Loan, Loan File or related document. The Trustee shall not be accountable for the use or application by the Servicer, the Originator or the Seller of funds paid to the Originator or the Seller, as applicable in consideration of conveyance of the Loans to the Trust by the Originator and the Seller or deposited in or withdrawn from the Certificate Account by the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

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Trustee Not Liable for Certificates. the Class R C ------------------------------------------------ Certificate or ----------------------------------------------------------- Loans. -------------------- The Trustee assumes no responsibility for the correctness of the recitals ----- contained herein, in the Certificates or in the Class R C Certificate (other than the Trustee's execution thereof). The Trustee makes no representations as to the validity or sufficiency of this Agreement, of the Certificates or of the Class R C Certificate (other than its execution thereof) or of any Loan, Loan File or related document. The Trustee shall not be accountable for the use or application by the Servicer, the Originator Servicer or the Seller Company of funds paid to the Originator or the Seller, as applicable Company in consideration of conveyance of the Loans to the Trust by the Originator and the Seller Company or deposited in or withdrawn from the Certificate Account by the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

Trustee Not Liable for Certificates. Class R Certificate C Certificates --------------------------------------------------------- or ----------------------------------------------------------- Loans. The Trustee assumes no responsibility for the correctness of the -------- recitals ----- contained herein, in the Certificates or in the Class R Certificate C Certificates (other than the Trustee's execution thereof). The Trustee makes no representations as to the validity or sufficiency of this Agreement, of the Certificates or of the Class R Certificate C Certificates (other than its execution thereof) or of any Loan, Loan File or related document. The Trustee shall not be accountable for the use or application by the Servicer, the Originator or the Seller of funds paid to the Originator or the Seller, as applicable in consideration of conveyance of the Loans to the Trust by the Originator and the Seller or deposited in or withdrawn from the Certificate Account by the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Trustee Not Liable for Certificates. Class R C Certificate or ----------------------------------------------------------- Loans. The Trustee assumes no responsibility for the correctness of the recitals ----- contained herein, in the Certificates or in the Class R C Certificate (other than the Trustee's execution thereof). The Trustee makes no representations as to the validity or sufficiency of this Agreement, of the Certificates or of the Class R C Certificate (other than its execution thereof) or of any Loan, Loan File or related document. The Trustee shall not be accountable for the use or application by the Servicer, the Originator or the Seller of funds paid to the Originator or the Seller, as applicable in consideration of conveyance of the Loans to the Trust by the Originator and the Seller or deposited in or withdrawn from the Certificate Account by the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

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Trustee Not Liable for Certificates. Class R C Certificate or ----------------------------------------------------------- Loans. The Trustee assumes no responsibility for the correctness of the ----- recitals ----- contained herein, in the Certificates or in the Class R C Certificate (other than the Trustee's execution thereof). The Trustee makes no representations as to the validity or sufficiency of this Agreement, of the Certificates or of the Class R C Certificate (other than its execution thereof) or of any Loan, Loan File or related document. The Trustee shall not be accountable for the use or application by the Servicer, the Originator or the Seller of funds paid to the Originator or the Seller, as applicable in consideration of conveyance of the Loans to the Trust by the Originator and the Seller or deposited in or withdrawn from the Certificate Account by the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Corp)

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