Common use of Limitation on Assignment by the Seller Clause in Contracts

Limitation on Assignment by the Seller. This Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the prior written consent of the Purchaser, which consent shall be granted or withheld in the sole discretion of the Purchaser.

Appears in 14 contracts

Samples: Servicing Agreement (LXS 2007-3), Servicing Agreement (Lehman Mortgage Trust 2007-10), Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-11xs)

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Limitation on Assignment by the Seller. This Except as otherwise provided herein, this Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the prior written consent of the Purchaser, which consent shall be granted or withheld in the sole discretion of the Purchaser.

Appears in 2 contracts

Samples: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10), Flow Purchase, Warranties and Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-22)

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