Common use of Assignment and Replacement Clause in Contracts

Assignment and Replacement. The Servicer acknowledges and agrees that in the event that the Master Servicer resigns as Master Servicer under this Agreement, any successor master servicer has the right to assume the Master Servicer's rights and obligations and to enforce the Servicer's obligations under this Agreement.

Appears in 75 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar10 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-6 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust)

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Assignment and Replacement. The Servicer acknowledges and agrees that in the event that the Master Servicer SnServicer resigns as Master Servicer SnServicer under this Agreement, any successor master servicer has the right to assume the Master Servicer's rights and obligations and to enforce the Servicer's obligations under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-15 Trust)

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Assignment and Replacement. The Servicer acknowledges and agrees that in the event that the Master Servicer resigns as Master Servicer under this Agreement, any successor master servicer has the right to assume the Master Servicer's ’s rights and obligations and to enforce the Servicer's ’s obligations under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)

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