Common use of Calculations Respecting Mortgage Loans Clause in Contracts

Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee as supplied to the Trustee by the Master Servicer. The Trustee shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the Servicer, the Swap Counterparty or the Credit Risk Manager.

Appears in 4 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2005-Ff10), Trust Agreement (Structured Asset Securities Corporation, 2005 OPT-1), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff2)

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Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee as supplied to the Trustee by the Master Servicer. The Trustee shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the Servicer, the Swap Counterparty, the Cap Counterparty or the Credit Risk Manager.

Appears in 2 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff17)

Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee Securities Administrator as supplied to the Trustee Securities Administrator by the Master Servicer. The Trustee Securities Administrator shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the Servicer, the Swap Counterparty Servicer or the Credit Risk Manager.

Appears in 2 contracts

Samples: Trust Agreement (Fremont Home Loan Trust 2004-3), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf1)

Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee as supplied to the Trustee by the Master ServicerServicer or the Swap Counterparty. The Trustee shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the any Servicer, the Swap Counterparty or the Credit Risk Manager.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2), Trust Agreement (Structured Asset Securities CORP 2007-Bc1)

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Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee as supplied to the Trustee by the Master Servicer, the Swap Counterparty or the Cap Counterparty. The Trustee shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the Servicer, the Swap Counterparty Servicer or the Credit Risk Manager.

Appears in 1 contract

Samples: Trust Agreement (Sasco 2006-S3)

Calculations Respecting Mortgage Loans. Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and payments to be made to the Trustee as supplied to the Trustee by the Master ServicerServicer or the Swap Counterparty. The Trustee shall not be required to recompute, verify or recalculate the information supplied to it by the Master Servicer, the Servicer, the Swap Counterparty or the Credit Risk Manager.

Appears in 1 contract

Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

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