Common use of Assignor’s Continuing Rights and Responsibilities Clause in Contracts

Assignor’s Continuing Rights and Responsibilities. Notwithstanding Sections 1 and 2 above, the parties hereto agree that the Depositor, in addition to the Assignee, shall have the ongoing rights to take actions and responsibilities of the Purchaser under Section 7.03(a), (b), (c) and (h), and the Depositor rather than the Assignee shall have the ongoing rights to take action and the responsibilities of the Purchaser under the remaining sections of the Flow Sale and Servicing Agreement listed below: Flow Sale and Servicing Agreement: Section Matter