Common use of Recognition of Assignee Clause in Contracts

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 8 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ Seller shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ Seller had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 4 contracts

Sources: Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-8), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-7), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-6)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, CG▇▇▇▇▇ ▇▇M▇▇▇▇ shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and CG▇▇▇▇▇ ▇▇M▇▇▇▇ had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ Embrace shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ Embrace had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇▇▇▇ ▇▇▇▇▇ shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇▇▇▇ ▇▇▇▇▇ had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-7), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-7)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ Provident shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ Provident had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-7), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-7)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ Cornerstone shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ Cornerstone had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

Recognition of Assignee. From and after the date hereof, subject to Section 10 below, C▇▇▇ ▇▇▇▇▇▇ Benchmark shall recognize Assignee as owner of the Mortgage Loans and will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may be amended from time to time, as if Assignee and C▇▇▇ ▇▇▇▇▇▇ Benchmark had entered into a separate purchase agreement for the purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.

Appears in 2 contracts

Sources: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)