Common use of Assignment by Depositor Clause in Contracts

Assignment by Depositor. The Depositor shall have the right, upon notice to but without the consent of Lehman Capital, to assign, in whole or in part, its interest under t▇▇▇ ▇▇reement 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 Depositor in this Agreement shall be deemed to include its assignee or designee, specifically including the Trustee.

Appears in 1 contract

Sources: Mortgage Loan Sale and Assignment Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2003-6a)

Assignment by Depositor. The Depositor shall have the right, upon notice to but without the consent of Lehman Capital, to assign, in whole or in part, its interest under t▇▇▇ ▇▇reement this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed sh▇▇▇ ▇▇cceed to all rights of the Depositor under this Agreement. All references to the Depositor in this Agreement shall be deemed to include its assignee or designee, specifically including the Trustee.

Appears in 1 contract

Sources: Mortgage Loan Sale and Assignment Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 2002)

Assignment by Depositor. The Depositor shall have the right, upon notice to but without the consent of Lehman Capital, to assign, in whole or in part▇▇▇▇, its interest under t▇▇▇ ▇▇reement 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 Depositor in this Agreement shall be deemed to include its assignee or designee, specifically including the Trustee.

Appears in 1 contract

Sources: Mortgage Loan Sale and Assignment Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2001 3a)