Common use of Assignment to and Assumption by Successor Servicer Clause in Contracts

Assignment to and Assumption by Successor Servicer. The Initial Servicer hereby grants, transfers, and assigns to the Successor Servicer, without representation, warranty, liability, or recourse, all of the Initial Servicer’s right, title, and interest as servicer in, to and under the Agreement.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Newell Brands Inc)