Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the Seller and the Depositor and shall (i) be binding upon the Seller and the Depositor, its or their successors and assigns and (ii) inure to the benefit of and be enforceable by the Insurer and its successors, transferees and assigns. None of the Seller nor the Depositor may assign this Agreement, or delegate any of its rights or obligations hereunder, without the prior written consent of the Insurer.
Appears in 7 contracts
Samples: Insurance Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc8), Insurance Agreement (Amortizing Residential Collateral Trust, Series 2004-1), Insurance Agreement (Mortgage Pass-Through Certificates Ser 2003-18xs)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the Seller and the Depositor and shall (i) be binding upon the Seller and the Depositor, its or their successors and assigns and (ii) inure to the benefit of and be enforceable by the Insurer and its successors, transferees and assigns. None of Neither the Seller nor the Depositor may assign this Agreement, or delegate any of its rights or obligations hereunder, without the prior written consent of the Insurer.
Appears in 2 contracts
Samples: Insurance Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 1999 1), Insurance Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 01 1)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the Seller Seller, the Master Servicer and the Depositor and shall (i) be binding upon the Seller Seller, the Master Servicer and the Depositor, its or their successors and assigns and (ii) inure to the benefit of and be enforceable by the Insurer and its successors, transferees and assigns. None of Neither the Seller Seller, the Master Servicer nor the Depositor may assign this Agreement, or delegate any of its rights or obligations hereunder, without the prior written consent of the Insurer.
Appears in 1 contract
Samples: Insurance Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 1999-Bc1)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the each Seller and the Depositor and shall (i) be binding upon the each Seller and the Depositor, its or their successors and assigns and (ii) inure to the benefit of and be enforceable by the Insurer and its successors, transferees and assigns. None of Neither the Seller Sellers nor the Depositor may assign this Agreement, or delegate any of its rights or obligations hereunder, without the prior written consent of the Insurer.
Appears in 1 contract
Samples: Insurance Agreement (Structured Asset Sec Corp Mmort Pass THR Cert Ser 2001-13)
