Common use of Securitization Clause in Contracts

Securitization. The transfer of the Mortgage Loans to a trust formed as part of a publicly issued and/or privately placed, rated securitization, including the issuance of the related Securities. Seller: Bank of America, N.A., a national banking association, or its successor in interest or any successor to the Seller under this Agreement appointed as herein provided. Servicer: Bank of America, N.A., a national banking association, or its successor in interest or any successor to the Servicer under this Agreement appointed as herein provided.

Appears in 9 contracts

Sources: Servicing Agreement (Structured Asset Securities Co Mor Pass-THR Cer Ser 2002-19), Servicing Agreement (Structured Asset Securities Corp Mor Pa Th Ce Se 2002 23xs), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-24)

Securitization. The transfer of the Mortgage Loans to a trust formed as part of a publicly issued and/or privately placed, rated securitization, including the issuance of the related Securities. Seller: Bank of America, N.A.National Association, a national banking association, or its successor in interest or any successor to the Seller under this Agreement appointed as herein provided. Servicer: Bank of America, N.A.National Association, a national banking association, or its successor in interest or any successor to the Servicer under this Agreement appointed as herein provided.

Appears in 5 contracts

Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac5), Pooling and Servicing Agreement (Bear Stearns ARM Trust 2006-2), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac6)