Examples of Pass Through Trust Agreement in a sentence
Nothing herein shall be construed to be an assumption by the Pass-Through Trust Trustee of any duties or obligations of any party to this Agreement, the duties of the Pass-Through Trust Trustee being solely those set forth in the Pass-Through Trust Agreement, and the parties hereto acknowledge and agree that the Pass-Through Trust Trustee shall have no duty to act under this Agreement unless pursuant to appropriate direction under the Pass-Through Trust Agreement.
The Pass-Through Trust Trustee for the Pass-Through Trust and the Seller, in its capacity as depositor under the Pass-Through Trust Agreement, shall contract with Servicer to service the Contributed Mortgage Loans consistent with Accepted Servicing Practices.
The Pass-Through Trust Trustee is entering into this Agreement solely in its capacity as trustee under the Pass-Through Trust Agreement and not individually, and there shall be no recourse against the Pass-Through Trust Trustee in its individual capacity hereunder.