Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller and the Purchaser. This Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the consent of the Purchaser.
Appears in 63 contracts
Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1), Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3), Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller and the Purchaser. This Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the consent of the Purchaser.
Appears in 51 contracts
Sources: Servicing Agreement (Lehman Xs Trust Series 2005-3), Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3), Sale and Servicing Agreement (Bear Stearns ARM Trust 2007-2)
Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller Sellers and the Purchaser. This The obligations of the Sellers under this Agreement shall cannot be assigned, pledged assigned or hypothecated by the Seller delegated to a third party without the express written consent of the Purchaser and the Administrator which consent shall be at the Purchaser’s and Administrator’s respective discretion.
Appears in 1 contract
Sources: Transfer and Assignment Agreement (Franklin Credit Holding Corp/De/)