Assignment by Depositor. Concurrently with the execution of this Agreement, the Depositor shall assign its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by its assignee or designee, specifically including the Trustee.
Appears in 188 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6), Mortgage Loan Sale and Assignment Agreement (Lehman XS Trust 2007-10h), Mortgage Loan Sale and Assignment Agreement (Lehman XS Trust 2006-20)
Assignment by Depositor. Concurrently with the execution of this Agreement, the The Depositor shall assign have the right, upon notice to but without the consent of the Seller, to assign, in whole or in part, its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by include its assignee or designee, specifically including the Trustee.
Appears in 63 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Terwin Mortgage Trust Asset-Backed Certificates, Series TMTS 2005-6he), Mortgage Loan Sale and Assignment Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Am1), Mortgage Loan Sale and Assignment Agreement (Merrill Lynch Mortgage Investors Inc)
Assignment by Depositor. Concurrently with the execution of this Agreement, the The Depositor shall assign have the right, upon notice to but without the consent of the Seller, to assign, in whole or in part, its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by its assignee or designee, specifically including the Trustee.
Appears in 52 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-7), Mortgage Loan Sale and Assignment Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-2), Mortgage Loan Sale and Assignment Agreement (Lehman XS Trust Series 2006-Gp2)
Assignment by Depositor. Concurrently with the execution of this Agreement, the The Depositor shall assign have the right, upon notice to but without the consent of the Bank, to assign, in whole or in part, its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by include its assignee or designee, specifically including the Trustee.
Appears in 30 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2), Mortgage Loan Sale and Assignment Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Mortgage Loan Sale and Assignment Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Ff3)
Assignment by Depositor. Concurrently with the execution of this Agreement, the Depositor shall assign its interest under this Agreement with respect to the Mortgage Loans to the TrusteeIssuer, and the Trustee Issuer then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by its assignee or designee, specifically including the TrusteeIssuer.
Appears in 5 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Mortgage Loan Sale and Assignment Agreement (Lehman Abs Corp), Mortgage Loan Sale and Assignment Agreement (Structured Asset Securities Corp)
Assignment by Depositor. Concurrently with the execution of this Agreement, the Depositor shall assign its interest under this Agreement with respect to the Mortgage Loans to the TrusteeIssuer and the Issuer shall assign its interest under this Agreement to the Indenture Trustee on behalf of the Noteholders and the Insurer, and the Indenture Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by its assignee or designee, specifically including the Indenture Trustee.
Appears in 2 contracts
Sources: Mortgage Loan Sale and Assignment Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Mortgage Loan Sale and Assignment Agreement (Greenpoint Mortgage Funding Trust 2005-He3)