Common use of Assignment to Trustee Clause in Contracts

Assignment to Trustee. It is understood that this Assignment and Servicing Agreement and all rights of the Issuer hereunder, but none of its duties or obligations, will be assigned by the Issuer to the Trustee pursuant to the Indenture, for the benefit of the holders from time to time of the Notes and the Insurer as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Originator, the Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the Insurer, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Assignment to Trustee. It is understood that this Assignment Seller Contribution and Servicing Sale Agreement and all rights of the Issuer hereunder, but none of its duties or obligations, Transferor hereunder will be assigned by the Transferor to the Issuer pursuant to the Transferor Contribution and Sale Agreement, and thence by the Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes and the Insurer as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Originator, the The Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the TrusteeIssuer, the InsurerTrustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Assignment to Trustee. It is understood that this Assignment and Servicing Agreement and all rights of the Issuer hereunder, but none of its duties or obligations, will be assigned by the Issuer to the Trustee pursuant to the Indenture, for the benefit of the holders from time to time of the Notes [and the Insurer Insurer] as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Originator, the Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, [the Insurer, ,] the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Assignment to Trustee. It is understood that this Assignment and Servicing Agreement and all rights of the Issuer hereunder, but none of its duties or obligations, hereunder will be assigned by the Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the Swap Counterparty, the holders from time to time of the Notes and the Insurer as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Originator, the Seller Transferor and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the Insurer, the holders from time to time of the Notes, and any successor to or assignee of any thereof.