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Common use of Assignment of Collateral Clause in Contracts

Assignment of Collateral. All of the Seller's interest in any material collateral securing any Mortgage Loan has been assigned to the Purchaser.

Appears in 27 contracts

Sources: Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mort. Pass Through Certificate Series 2004-4), Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mortgage Inc., Series 2006-4), Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mortgage Inc., Series 2005-1)

Assignment of Collateral. All of the Seller's ’s interest in any material collateral securing any Mortgage Loan has been assigned to the Purchaser.

Appears in 2 contracts

Sources: Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.), Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.)

Related Clauses

  • Protection of Collateral
  • Releases of Collateral
  • Impairment of Collateral
  • Collateral Assignment
  • Location of Collateral

Parent Clauses

  • Entire Agreement
  • Cross-Collateralized Mortgage Loans
  • Miscellaneous
  • Amendments
  • LICENSE

Sub-Clauses

  • Public or Private Sale
  • Application of Proceeds
  • Exercise of Remedies
  • Assignment
  • Grant of Certain Rights
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