Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Depositor, the Company or the Trust may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of Neither the Depositor, Sponsor nor the Company or the Trust may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSAFGIC. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Equivantage Acceptance Corp)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None , provided, however, that the representations and warranties of the Depositor, Originator shall not be binding upon any Successor Servicer. Neither the Company or Seller nor the Trust Originator may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Conseco Finance Corp)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of Neither the Depositor, the Depositor nor any Company or the Trust Party may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (United Panam Financial Corp)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Depositor, the The Company or the Trust may not assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Accredited Home Lenders Inc)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None Neither of the Depositor, the Seller, the Company or nor the Trust Issuer may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Bear Stearns Asset Backed Securities Inc)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Depositor, the The Company or the Trust may not assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.duties
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Aames Capital Corp)
Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of Neither the Depositor, Depositor nor the Company or the Trust may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of FSA. Any assignment made in violation of this Agreement shall be null and void.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)