Common use of Assignment of Collateral Clause in Contracts

AutoNDA by SimpleDocs

Assignment of Collateral. All of the Seller's ’s interest in any material collateral securing any Mortgage Loan has been assigned to the Purchaser.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.), Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.)

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