Common use of Assignment Provisions Clause in Contracts

Assignment Provisions. It is acknowledged and agreed by the parties tat this Transaction shall be subject to assignment first by Counterparty to Long Beach Mortgage Company (“LBMC”), then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Mitsui Marine Derivative Products, L.P. (“GSMMDP”) and (ii) by LBMC through a collateral assignment to Long Beach Securities Corp. (“LBSC”), and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, (the “Trustee”), as trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan Trust 2006-WL1 Asset Backed Certificates, Series 2006-WL1 (CUSIP Number: see Reference Securities; the “Certificates”) (such assignee is referred to herein as an “Assignee” and each such assignor is referred to herein as an “Assignor”). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the “Constant Party”) (such day hereinafter referred to as an “Assignment Date”). Furthermore, with respect to each assignment of the Transactions to an Assignee, the Assignee shall accept assignment of the Transactions subject to all terms of this Confirmation and all references to the term “Counterparty” herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” herein shall be deemed references to each subsequent assignee of GSCM”. On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (Long Beach Mortgage Loan Trust 2006-Wl1)

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Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) xx XS Mortgage Securities Corp. to GSAMP, and by LBMC GSAMP, through a collateral assignment to Long Beach Securities Corp. (“LBSC”)Wells Fargo Bank, and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 20062007-WL1 HE1, (CUSIP Number: see Reference Securities[_]; the “Certificates”"Certificates ") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” GSCM herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) xx XS Mortgage Securities Corp. to GSAMP, and by LBMC GSAMP, through a collateral assignment to Long Beach Securities Corp. (“LBSC”)Wells Fargo Bank, and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 20062007-WL1 NC1, (CUSIP Number: see Reference Securities[ ]; the “Certificates”"Certificates ") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” GSCM herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-Nc1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach to GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative ProductsDerivxxxxx Xrxxxxxs, L.P. ("GSMMDP") and (iii) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAA, and then by LBSCGSAA, through a collateral assignment, to Deutsche U.S. Bank National Trust CompanyAssociation, (the "Trustee"), as indenture trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan GSAA Home Equity Trust 2006-WL1 Asset 1 Asset-Backed Certificates, Series 2006-WL1 (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) by LBMC through a collateral assignment to Long Beach xx XS Mortgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed CertificatesThrough Certificates Series 2007-NC1, Series 2006-WL1 (CUSIP NumberNumbers: see Reference Securities; [ ] the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions this Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of GSCM. On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-Nc1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative ProductsDerivxxxxx Xrxxxxxs, L.P. LP. ("GSMMDP") and (ii) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAA, and then by LBSCGSAA, through a collateral assignment, to Deutsche U.S. Bank National Trust CompanyAssociation, (the "Trustee"), as indenture trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan GSAA Home Equity Trust 2006-WL1 Asset 3 Asset-Backed Certificates, Series 2006-WL1 (CUSIP Number: ; see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant partyConstant Party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-3)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) by LBMC through a collateral assignment to Long Beach xx XS Xxxxgage Securities Corp. (“LBSC”), and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, solely as trustee (the "Trustee”), as trustee of LBMLT ") on behalf of the holders of the Long Beach GSAMP Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 2006-WL1 S6 (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-S6)

Assignment Provisions. It is acknowledged and agreed by the parties tat this that the Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and xxx (iixx) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust Company, (the "Trustee"), as indenture trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan Trust GSAMP 2006-WL1 Asset Backed HE1 Mortgage Pass-Through Certificates, Series 2006-WL1 HE1, (CUSIP Number: see "Reference Securities"; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions to an Assignee, the Assignee shall accept assignment of the Transactions subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-He1)

Assignment Provisions. It is acknowledged and agreed by the parties tat this that the Transaction shall be subject to assignment first by Counterparty to Long Beach Mortgage Company Company. ("LBMC") (such assignment, the "Initial Assignment"), then, then simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (ii) by LBMC LBMC, through a collateral assignment assignment, to Long Beach Securities Corp. Corp., ("LBSC”), ") and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, Company (the "Trustee"), not individually but solely as trustee of LBMLT Trustee under the Pooling Agreement on behalf of the holders of the Long Beach Mortgage Loan Trust 20062005-WL1 Asset Backed Certificates, Series 2006-WL1 (CUSIP Number: see Reference Securities; the “Certificates”) 2 (such assignee is referred to herein as an “Assignee” assignments, the "Simultaneous Assignments" and each such assignor is referred to herein as an “Assignor”together with the Initial Assignment, the "Assignments"). These assignments The Initial Assignment and the Simultaneous Assignments shall occur on the day the Assignor and Assignee parties agree to such assignment Assignments and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignmentthe Simultaneous Assignments, the other assignor and/or assignee, as appropriate (the “Constant Party”) (such day hereinafter referred to as an “the "Effective Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of GSCM. On each the Effective Assignment Date, Constant Party, the relevant Assignor and parties to the relevant AssigneeAssignments, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) xx XS Mortgage Securities Corp. to GSAMP, and by LBMC GSAMP, through a collateral assignment to Long Beach Securities Corp. (“LBSC”)Wells Fargo Bank, and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 20062007-WL1 HE2, (CUSIP Number: see Reference Securities[_]; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” GSCM herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He2)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative ProductsXxxxxxtxxx Xroducts, L.P. ("GSMMDP") and (ii) by LBMC GS Mortgage Securities Corp. to GSAMP, and by GSAMP, through a collateral assignment to Long Beach Securities Corp. (“LBSC”)Wells Fargo Bank, and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, N.A. (the “Trustee”"Xxxurities Administrator"), as trustee of LBMLT securities administrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 20062007-WL1 H1, (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” GSCM herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-H1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach Mortgage Company SECURITIZED ASSET BACKED RECEIVABLES LLC (“LBMC”"SABR"), then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Mitsui Marine Derivative Products, L.P. (“GSMMDP”) and (ii) by LBMC through a collateral assignment to Long Beach Securities Corp. (“LBSC”), and then by LBSCSABR, through a collateral assignment, to Deutsche Bank U.S. Bank, National Trust Company, Association (the "Trustee”), as trustee of LBMLT ") on behalf of the holders of the Long Beach C-BASS Mortgage Loan Trust 2006Asset-WL1 Asset Backed Certificates, Series 2006-WL1 CB1, under the Pooling and Servicing Agreement, dated as of January 1, 2006 (CUSIP Number: see Reference Securities; the “Certificates”) "PSA"), entered into among Securitized Asset Backed Receivables LLC, the Trustee, the Counterparty, as seller, and Xxxxxx Loan Servicing LP (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and the Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate Party A (the “Constant "Remaining Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions this Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" and "Party B" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” herein shall be deemed references to each subsequent assignee of GSCM”such Assignee. On One each Assignment Date, Constant the Remaining Party, the relevant Assignor and the relevant Assignee, in consideration of the premises promises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Custodial Agreement (SABR LLC Trust 2006-Cb1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative ProductsDerivaxxxx Xxoxxxxx, L.P. LP. ("GSMMDP") and (ii) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAA, and then by LBSCGSAA, through a collateral assignment, to Deutsche U.S. Bank National Trust CompanyAssociation, (the "Trustee"), as indenture trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan GSAA Home Equity Trust 2006-WL1 Asset 3 Asset-Backed Certificates, Series 2006-WL1 (CUSIP Number: ; see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant partyConstant Party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-3)

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Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative ProductsDerivaxxxx Xxoxxxxx, L.P. ("GSMMDP") and (ii) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAA, and then by LBSCGSAA, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A., (the “Trustee”"Secuxxxxxs Administrator"), as trustee of LBMLT securities administrator on behalf of the holders of the Long Beach Mortgage Loan GSAA Home Equity Trust 2006-WL1 Asset 4 Asset-Backed Certificates, Series 2006-WL1 (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-4)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Xxxxxxtive Products, L.P. ("GSMMDP") and (ii) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A. (the “Trustee”"Xxxurities Administrator"), as trustee of LBMLT securities administrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed CertificatesThrough Certificates Series 2007-H1, Series 2006-WL1 (CUSIP NumberNumbers: see Reference Securities[ ]; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions this Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of GSCM. On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-H1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) by LBMC through a collateral assignment to Long Beach xx XS Mortgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust Company, Company (the "Trustee"), as trustee of LBMLT on behalf of the holders of the Long Beach Mortgage Loan Trust GSAMP 2006-WL1 Asset Backed Certificates, Series 2006-WL1 S6 Mortgage Pass Through Certificates (CUSIP Number: see Reference Securities36245C AA 0, 36245C AE 2, 36245C AF 9, 36245C AG 7, 36245C AH 5 and 36245C AJ 0; the “Certificates”xxx "Xxxxxxxcates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-S6)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) by LBMC through a collateral assignment to Long Beach xx XS Xxxxgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed CertificatesThrough Certificates Series 2007-HE1, Series 2006-WL1 (CUSIP NumberNumbers: see Reference Securities; [_] the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions this Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of GSCM. On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He1)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) xx XS Xxxxgage Securities Corp. to GSAMP, and by LBMC GSAMP, through a collateral assignment to Long Beach Securities Corp. (“LBSC”)Wells Fargo Bank, and then by LBSC, through a collateral assignment, to Deutsche Bank National Trust Company, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed Through Certificates, Series 2006-WL1 HE8, (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term “GSCM” GSCM herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-He8)

Assignment Provisions. It is acknowledged and agreed by the parties tat that this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and (iiix) by LBMC through a collateral assignment to Long Beach xx XS Mortgage Securities Corp. (“LBSC”)to GSAMP, and then by LBSCGSAMP, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A. (the “Trustee”"Securities Administrator"), as trustee of LBMLT securities xxxxxistrator on behalf of the holders of the Long Beach Mortgage Loan Trust 2006Pass-WL1 Asset Backed CertificatesThrough Certificates Series 2007-HE2, Series 2006-WL1 (CUSIP NumberNumbers: see Reference Securities; [_] the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions this Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term "Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of GSCM. On each Assignment Date, Constant Party, the relevant Assignor and the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He2)

Assignment Provisions. It is acknowledged and agreed by the parties tat Mat this Transaction shall be subject to assignment first by Counterparty to Long Beach GS Mortgage Company (“LBMC”)Securities Corp., then, simultaneously, (i) by GSCM to Xxxxxxx Xxxxx Goldman Sachs Mitsui Marine Derivative Products, L.P. ("GSMMDP") and xxx (iixi) by LBMC through a collateral assignment to Long Beach GS Mortgage Securities Corp. (“LBSC”)to GSAA, and then by LBSCGSAA, through a collateral assignment, to Deutsche Bank National Trust CompanyWells Fargo Bank, N.A., (the “Trustee”"Securities Administrator"), as trustee of LBMLT secxxxxxes administrator on behalf of the holders of the Long Beach Mortgage Loan GSAA Home Equity Trust 2006-WL1 Asset 2 Asset-Backed Certificates, Series 2006-WL1 (CUSIP Number: see Reference Securities; the "Certificates") (each such assignee is referred to herein as an "Assignee" and each such assignor is referred to herein as an "Assignor"). These assignments shall occur on the day the Assignor and Assignee agree to such assignment and provide written or oral notification of the effective date of assignment to the the, relevant constant party, or, in the case of a simultaneous double assignment, the other assignor and/or assignee, as appropriate (the "Constant Party") (each such day hereinafter referred to as an "Assignment Date"). Furthermore, with respect to each assignment of the Transactions Transaction to an Assignee, the Assignee shall accept assignment of the Transactions this Transaction subject to all terms of this Confirmation and all references to the term ""Counterparty" herein shall be deemed references to each subsequent assignee of Counterparty and all references to the term "GSCM" herein shall be deemed references to each subsequent assignee of "GSCM". On each Assignment Date, Constant Party, the relevant Assignor and arid the relevant Assignee, in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration received, agree as follows:

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-2)

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