Common use of Assignment by the Seller Clause in Contracts

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 45 contracts

Samples: Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-Bnc1), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2005-7), Securitization Servicing Agreement (Fremont Home Loan Trust 2004-3)

AutoNDA by SimpleDocs

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02 or the Servicer’s rights under Sections 8.02(iii) and or 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 43 contracts

Samples: Securitization Subservicing Agreement (Structured Asset Investment Loan Trust 2006-1), Securitization Subservicing Agreement (Structured Asset Investment Loan Trust 2005-2), Securitization Subservicing Agreement (SASCO Mortgage Pass-Through Certifidates, Series 2005-Wmc1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 29 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2005-2), Servicing Agreement (Lehman Mortgage Trust 2006-7), Servicing Agreement (Lehman Mortgage Trust 2007-8)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights or obligations arising under (i) Section 8.02(iii), (ii) the second paragraph of Section 8.03, (iii) the last paragraph of Section 8.03, (iv) Sections 8.04(a) and 8.038.04(b) and (v) Section 9.02), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 23 contracts

Samples: Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2005-2), Securitization Servicing Agreement (Structured Asset Investment Loan Trust Series 2004-11)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section or the Servicer’s rights under Section 8.02(iii) and or 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 21 contracts

Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2006-Gp1), Securitization Servicing Agreement (Lehman XS Trust Series 2006-4n), Securitization Servicing Agreement (Lehman XS 2007-4n)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03)), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 15 contracts

Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-2), Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-1), Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii8.02(a)(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 12 contracts

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-FFB), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff17)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02 or the Servicer’s rights under Sections 8.02(iii) and 8.03)), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 8 contracts

Samples: Securitization Subservicing Agreement (BNC Mortgage Loan Trust 2007-1), Securitization Subservicing Agreement (Sasco 2007-Bnc1), Securitization Subservicing Agreement (Sasco 2006-Am1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii8.02(a)(iii)) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 4 contracts

Samples: Securitization Servicing Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2005-8), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2005-9)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii), the second, third and fourth paragraphs of Sections 8.03 and Sections 8.04(a), 8.04(b) and 8.038.04(c)), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 3 contracts

Samples: Securitization Servicing Agreement (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1), Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1), Securitization Servicing Agreement (Structured Asset Inv Loan Mort Pass Thru Cer Ser 2003-Bc7)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under clause (iii) of the first paragraph of Section 8.02(iii) 8.02 and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 3 contracts

Samples: Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1), Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2), Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc10)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section or the Subservicer’s rights under Section 8.02(iii) and or 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 3 contracts

Samples: Securitization Subservicing Agreement (Lehman XS Trust Series 2006-4n), Securitization Subservicing Agreement (Lehman XS Trust Series 2006-Gp2), Securitization Subservicing Agreement (Lehman XS Trust Series 2006-Gp1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights or obligations arising under (i) Section 8.02(iii), (ii) the second paragraph of Section 8.03, (iii) the last paragraph of Section 8.03, (iv) Sections 8.04(a) and 8.038.04(b) and (v) Section 9.02), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Issuer, which in turn shall assign its rights to the Indenture Trustee, and the Indenture Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 3 contracts

Samples: Securitization Servicing Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Securitization Servicing Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Securitization Servicing Agreement (Sasco Mortgage Loan Trust Series 2003-Gel1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02 or the Servicer’s rights under Sections 8.02(iii) and or 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Issuer, which in turn shall assign its rights to the Indenture Trustee, and the Indenture Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 2 contracts

Samples: Securitization Subservicing Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Securitization Subservicing Agreement (SASCO Mortgage Loan Trust 2004-Gel3)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s 's rights arising under Section 8.02 or the Servicer's rights under Sections 8.02(iii) and or 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 2 contracts

Samples: Securitization Subservicing Agreement (Structured Adjustable Rate Mortgage Loan Trust), Securitization Subservicing Agreement (Structured Asset Securities Corp)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights and obligations, as owner of the servicing rights relating to the Mortgage Loans arising under Section Sections 8.02(iii) and 8.03or 8.04), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1), Securitization Servicing Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1)

AutoNDA by SimpleDocs

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights or obligations arising under (i) clause (iii) of the first paragraph of Section 8.02(iii8.02, (ii) the second paragraph of Section 8.03, (iii) the last paragraph of Section 8.03, (iv) Sections 8.04(a) and 8.038.04(b) and (v) Section 9.02), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Ff3)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.038.02,), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under (i) Section 8.02(iii), (ii) the second and last paragraphs of Section 8.03, (iii) Sections 8.04(a) and 8.038.04(b), and (iv) Section 9.02), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2003-FFB)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s 's rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-22)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03)assign, its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Fieldstone Mortgage Investment CORP)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest (but none of its obligations) under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights or obligations arising under (i) Section 8.02(iii) and 8.03(ii) Section 9.02), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Securities Corp 2005-S1)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Indenture Trustee, and the Indenture Trustee then shall succeed to all rights of the Seller under this Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (SASCO Mortgage Loan Trust 2004-Gel3)

Assignment by the Seller. The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.038.02), its interest rights under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement; provided that, notwithstanding the foregoing, no obligations of the Seller under this Agreement are being assumed by the Trustee except as expressly provided herein, and then only to the extent such obligations can be satisfied from moneys available therefor under the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Securitization Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!