Common use of Assignment of Additional Rights Clause in Contracts

Assignment of Additional Rights. The Seller hereby assigns to the Purchaser all of the Seller’s rights (excluding its obligations) under any written contract for the servicing of the Mortgage Loans to which the Seller becomes a party or a third party beneficiary. The Purchaser shall have the right to enforce any and all of the Seller’s rights under each of such Servicing Agreements as if it were a party thereto, including without limitation, the right to assign such rights to the Trustee, for the benefit of the Certificateholders.

Appears in 8 contracts

Samples: Mortgage Loan Purchase Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D), Mortgage Loan Purchase Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-A), Mortgage Loan Purchase Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-C)

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