Common use of Intended Third Party Beneficiaries Clause in Contracts

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005-WF3 TRUST AGREEMENT Exhibit C Execution 6/23/2005 LXXXXX BROTHERS BANK, FSB Purchaser and WXXXX FARGO BANK, N.A. Company SELLER’S WARRANTIES AND SERVICING AGREEMENT Dated as of June 1, 2005 Subprime Mortgage Loans WFMR 2005-M07 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1 ARTICLE II

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3)

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Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2002-WF3 TRUST AGREEMENT BC4 (Without Exhibits) [See Exhibit 4.1] Exhibit C Execution 6/23/2005 LXXXXX XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANKHOME MORTGAGE, N.A. INC. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June 1, 2005 2002 Adjustable and Fixed Rate Subprime Mortgage Loans WFMR 2005-M07 2002 M04 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1 ARTICLE II

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit EXHIBIT B SASCO 2005-WF3 TRUST AGREEMENT FOR SASCO 2002-HF1 (Without Exhibits) [See Exhibit 4.1] Exhibit C Execution 6/23/2005 LXXXXX BROTHERS BANKServicing Agreement AMENDMENT NO. 1 TO THE SERVICING AGREEMENT This is Amendment No. 1 (the “Amendment No. 1”), dated as May 6, 2002 (the “Amendment Date”), by and between Xxxxxx Brothers Bank, FSB Purchaser (the “Purchaser”), and WXXXX FARGO BANKHousehold Finance Corporation, N.A. Company SELLER’S WARRANTIES AND SERVICING AGREEMENT Dated (the “Servicer”) to that certain Servicing Agreement dated as of June March 22, 2002 by and between the Servicer and the Purchaser (the “Existing Servicing Agreement”, as amended by this Amendment 1, 2005 Subprime Mortgage Loans WFMR 2005-M07 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1 ARTICLE IIthe “Servicing Agreement”).

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2002-WF3 TRUST AGREEMENT BC3 (Without Exhibits) [See Exhibit 4.1] Exhibit C Execution 6/23/2005 LXXXXX Seller's Warranties and Servicing Agreement EXECUTION XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANKHOME MORTGAGE, N.A. INC. Company ________________________________________________________ SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June April 1, 2005 2002 _________________________________________________________ Adjustable and Fixed Rate Subprime Mortgage Loans WFMR 2005-M07 2002 M03 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 9

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005-WF3 TRUST AGREEMENT WF1 Trust Agreement Exhibit C Execution 6/23/2005 LXXXXX EXECUTION COPY January 13, 2005 XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANK, N.A. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June January 1, 2005 Subprime Mortgage Loans WFMR 2005-M07 M01 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 10

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf1)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement). Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2001-WF3 TRUST AGREEMENT BC6 Exhibit C Execution 6/23/2005 LXXXXX BROTHERS BANK, FSB Purchaser and WXXXX FARGO BANK, N.A. Company SELLER’S WARRANTIES AND SERVICING AGREEMENT Dated as Xxxxxx Capital Flow Servicing Agreement Exhibit D ARC 2001-BC6 Trust Agreement Schedule I Schedule of June 1, 2005 Subprime Bank Mortgage Loans WFMR 2005-M07 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1 ARTICLE II(Including Prepayment Charge Schedule) Schedule II Schedule of Xxxxxx Capital Mortgage Loans (Including Prepayment Charge Schedule) Schedule III Mortgage Loan Schedule Schedule IV (isolating those Mortgage Loans covered by a PMI Policy and identifying the related Qualified Insurer)

Appears in 1 contract

Samples: Residential Flow Servicing Agreement (Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2001-WF3 TRUST AGREEMENT BC6 (Without Exhibits) Exhibit C Execution 6/23/2005 LXXXXX BROTHERS BANK, FSB Purchaser Seller's Warranties and WXXXX FARGO BANK, N.A. Company SELLER’S WARRANTIES AND SERVICING AGREEMENT Dated Servicing Agreement (dated as of June February 1, 2005 Subprime 2002 WFMR 2002-MO1) Schedule I Schedule of Mortgage Loans WFMR 2005-M07 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1 ARTICLE II(Including Prepayment Charge Schedule) Schedule II Schedule of Mortgage Loans (Isolating Mortgage Loans Covered by Bulk PMI Insurance Policies Acquired by Xxxxxx Capital for the Trust Fund)

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005-WF3 TRUST AGREEMENT Exhibit C Execution 6/23/2005 LXXXXX C-1 XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANK, N.A. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June September 1, 2005 Subprime Mortgage Loans WFMR 2005-M07 M08 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 11

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp 2005-Wf4)

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Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2002-WF3 TRUST AGREEMENT BC3 (Without Exhibits) [See Exhibit 4.1] Exhibit C Execution 6/23/2005 LXXXXX Seller's Warranties and Servicing Agreement XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX And XXXXX FARGO BANKHOME MORTGAGE, N.A. INC. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June December 1, 2005 Subprime 2000 Adjustable and Fixed Rate Mortgage Loans WFMR 20052000-M07 W07 Execution Copy TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 9

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005-WF3 TRUST AGREEMENT WF2 Trust Agreement Exhibit C Execution 6/23/2005 LXXXXX XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANK, N.A. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June April 1, 2005 Subprime Mortgage Loans WFMR 2005-M07 M04 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 11

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities issued pursuant to the NIMS Transaction remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. Exhibit B SASCO 2005Trust Agreement for ARC 2002-WF3 TRUST AGREEMENT BC3 (Without Exhibits) [See Exhibit 4.1] Exhibit C Execution 6/23/2005 LXXXXX Seller's Warranties and Servicing Agreement XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX FARGO BANKNORWEST MORTGAGE, N.A. INC. Company ____________________________________________________ SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June March 1, 2005 Subprime 2000 ____________________________________________________ Adjustable and Fixed Rate Mortgage Loans WFMR 2005DAcc 2000-M07 W02 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 9

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee and the NIMS Insurer receive the benefit of the provisions of this Agreement as intended third party beneficiaries of this Agreement to the extent of such provisions. The Servicer shall have the same obligations to the Trustee and the NIMS Insurer as if they were parties to this Agreement, and the Trustee and the NIMS Insurer shall have the same rights and remedies to enforce the provisions of this Agreement as if they were parties to this Agreement. The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust Fund pursuant to the Trust Agreement and all rights of the NIMS Insurer set forth in this Agreement (other then the right of indemnification) shall exist only so long as the NIM Securities remain outstanding or the NIMS Insurer is owed amounts in respect of its guaranty of payment of such NIM Securities. [See Exhibit B SASCO 20054.1] Exhibit C-1 Seller’s Warranties and Servicing Agreement (2004-WF3 TRUST AGREEMENT Exhibit C Execution 6/23/2005 LXXXXX M01) EXECUTION COPY February 17, 2004 XXXXXX BROTHERS BANK, FSB Purchaser and WXXXX XXXXX FARGO BANKHOME MORTGAGE, N.A. INC. Company SELLER’S 'S WARRANTIES AND SERVICING AGREEMENT Dated as of June February 1, 2005 Subprime 2004 Alt-A (2/28 and 3/27) Adjustable Rate Mortgage Loans WFMR 20052004-M07 M01 TABLE OF CONTENTS ARTICLE I 1 DEFINITIONS 1 ARTICLE IIII 10

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004-3)

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