Common use of Recognition of Assignee Clause in Contracts

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 40 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4), Assumption and Recognition Agreement (GSR 2006-4f)

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Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 39 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, contrary shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement Agreement, the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 11 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-18), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-16), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the terms of the Servicing Agreement Agreement, as modified by this Assignment Agreement, the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 8 contracts

Samples: Execution Copy (GSAA Home Equity Trust 2006-18), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-15), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-16)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, the Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 7 contracts

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-5)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Assignee and Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 5 contracts

Samples: Servicing Agreement (GSAA Home Equity Trust 2006-3), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-5)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by referencethe Servicing Agreement. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-8), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-10)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, contrary shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement Agreement, as amended by the terms of which are incorporated herein by referenceGSMC Assignment Agreement. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-10), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-8), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-9)

Recognition of Assignee. (a) From and after the date hereof, both the Assignor and the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its their respective books and records, and shall recognize the Assignee as the owner of the Mortgage Loans andLoans, and the Servicer, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assignsassigns as to the Mortgage Loans.

Appears in 4 contracts

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-20), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-17), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-19)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the terms of the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer the Servicer, the Company and the Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-6), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)

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Recognition of Assignee. (a) From and after the date hereof, both the Assignor and the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its their respective books and records, and shall recognize the Assignee as the owner of the Mortgage Loans andLoans, and the Servicer, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 3 contracts

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-5), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein or in the Servicing Agreement to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the terms of the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 3 contracts

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-8), Exhibit 99 (GSAA Home Equity Trust 2006-6)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Assigned Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Assigned Mortgage Loans and, notwithstanding anything herein to the contrary, and shall service all of the Assigned Mortgage Loans for the benefit of the Assignee pursuant to the Sale and Servicing Agreement Agreement, the terms of which are incorporated herein by reference. It is the intention of the Assignor, the Servicer and the Assignee that the Sale and Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their respective permitted successors and assigns.

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-10f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f)

Recognition of Assignee. (a) a. From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of the Servicer and the Assignee and their successors and assigns.

Appears in 1 contract

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, the Servicer shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to and the contrary, Servicer shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Flow Servicing Agreement Agreement, the terms of which are incorporated herein by reference. It is the intention of the AssignorServicer, Servicer the Seller, the Assignor and the Assignee that the Flow Servicing Agreement shall be binding upon and inure to the benefit of the Servicer Seller and the Assignee and their respective successors and assigns.

Appears in 1 contract

Samples: Flow Servicing Agreement (Luminent Mortgage Trust 2006-7)

Recognition of Assignee. (a) From and after the date hereof, the Servicer shall note the transfer of the Mortgage Loans to the Assignee in its books and records, shall recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding anything herein to the contrary, shall service all of the Mortgage Loans for the benefit of the Assignee pursuant to the Servicing Agreement the terms of which are incorporated herein by reference. It is the intention of the Assignor, Countrywide, the Servicer and Assignee that the Servicing Agreement shall be binding upon and inure to the benefit of Countrywide, the Servicer and the Assignee and their respective successors and assigns.

Appears in 1 contract

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)

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