Common use of Ownership Clause in Contracts

Ownership. The Company is the sole owner of record and holder of the Mortgage Loan and the related Mortgage Note and the Mortgage are not assigned or pledged, and the Company has good and marketable title thereto and has full right and authority to transfer and sell the Mortgage Loan to the Purchaser. The Company is transferring the Mortgage Loan free and clear of any and all encumbrances, liens, pledges, equities, participation interests, claims, charges or security interests of any nature encumbering such Mortgage Loan;

Appears in 169 contracts

Samples: Servicing Agreement, Servicing Agreement, Seller's Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-6)

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Ownership. The Company is the sole owner of record and holder of the Mortgage Loan. The Mortgage Loan and the related Mortgage Note and the Mortgage are is not assigned or pledged, and the Company has good and marketable title thereto thereto, and has full right and authority to transfer and sell the Mortgage Loan therein to the Purchaser. The Company is transferring the Mortgage Loan Purchaser free and clear of any and all encumbrancesencumbrance, liens, pledges, equitiesequity, participation interestsinterest, claimslien, charges pledge, charge, claim or security interests of interest, and has full right and authority subject to no interest or participation of, or agreement with, any nature encumbering such other party, to sell and assign each Mortgage LoanLoan pursuant to this Agreement;

Appears in 140 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26), Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cer Se 2002-2), Seller’s Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-8)

Ownership. The Company is the sole owner of record and holder of the Mortgage Loan Loans and the related Mortgage Note and the Mortgage are not assigned or pledged, and the Company has good and marketable title thereto and has full right and authority to transfer and sell the Mortgage Loan to the Purchaser. The Company is transferring the Mortgage Loan free and clear of any and all encumbrances, liens, pledges, equities, participation interests, claims, charges or security interests of any nature encumbering such Mortgage Loan;

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. 2005-7), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2005-5), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2005-5)

Ownership. The Company is the sole owner of record and holder of the Mortgage Loan and the related Mortgage Note and the Mortgage are not assigned or pledged, and the Company has good and marketable title thereto and has full right and authority to transfer and sell the Mortgage Loan to the Purchaser. The Company is transferring the Mortgage Loan free and clear of any and all encumbrances, liens, pledges, equities, participation interests, claims, charges or security interests of any nature encumbering such Mortgage Loan;.

Appears in 3 contracts

Samples: Seller's Warranties and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1), Seller's Warranties and Servicing Agreement (MASTR Asset Securitization Trust 2006-2), Seller's Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2006-1)

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Ownership. The Company is the sole owner of record and holder --------- of the Mortgage Loan. The Mortgage Loan and the related Mortgage Note and the Mortgage are is not assigned or pledged, and the Company has good and marketable title thereto thereto, and has full right and authority to transfer and sell the Mortgage Loan therein to the Purchaser. The Company is transferring the Mortgage Loan Purchaser free and clear of any and all encumbrancesencumbrance, liens, pledges, equitiesequity, participation interestsinterest, claimslien, charges pledge, charge, claim or security interests of interest, and has full right and authority subject to no interest or participation of, or agreement with, any nature encumbering such other party, to sell and assign each Mortgage LoanLoan pursuant to this Agreement;

Appears in 1 contract

Samples: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corporation)

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