Common use of Assignment and Recognition Agreement Clause in Contracts

Assignment and Recognition Agreement. An Assignment, Assumption and Recognition Agreement, dated as of any applicable Funding Date, by and among one or more Prior Issuers, the applicable Prior Trustee or Prior Trustees, as applicable, OLS, HLSS, the Depositor, the Issuer and the Indenture Trustee and such other parties as may be necessary to fund the purchase and transfer of Receivables to the Issuer, as amended, supplemented, restated, or otherwise modified from time to time, and any other assignment, assumption and recognition agreement, approved by the Administrative Agents, pursuant to which Receivables are conveyed to the Issuer.

Assignment and Recognition Agreement. An Assignment, Assumption and Recognition Agreement, dated as of any applicable Funding Date, by and among one or more Prior Issuers, the applicable Prior Trustee or Prior Trustees, as applicable, OLSPMC, HLSS, the Depositor, the Issuer and the Indenture Trustee and such other parties as may be necessary to fund the purchase and transfer of Receivables to the Issuer, as amended, supplemented, restated, or otherwise modified from time to time, and any other assignment, assumption and recognition agreement, approved by the Administrative Agents, pursuant to which Receivables are conveyed to the Issuer.