Repurchase and Substitution. (1) It is understood and agreed that the representations and warranties set forth in Sections 3.01, 3.02 and 3.03 shall survive the sale of the Mortgage Loans to the Purchaser and shall inure to the benefit of the Purchaser, notwithstanding any restrictive or qualified endorsement on any Mortgage Note or Assignment or the examination of any Mortgage File.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2007-2), Servicing Agreement (Sequoia Mortgage Trust 2007-4), Servicing Agreement (Sequoia Mortgage Trust 2007-3)
Repurchase and Substitution. (1) It is understood and agreed that the representations and warranties set forth in Sections 3.01, 3.02 and 3.03 shall survive the sale of the Mortgage Loans to the Purchaser and shall inure to the benefit of the Purchaser, notwithstanding any restrictive or qualified endorsement on any Mortgage Note or Assignment or the examination of or failure to examine any Mortgage File.
Appears in 2 contracts
Samples: Servicing Agreement (Banc of America Funding 2006-I Trust), Servicing Agreement (Banc of America Funding 2006-8t2 Trust)
Repurchase and Substitution. (1a) It is understood and agreed that the representations and warranties set forth in Sections 3.01, 3.02 3.1 and 3.03 3.2 shall survive the sale of the Mortgage Loans by the Company to the Purchaser and shall inure to the benefit of the Purchaser, notwithstanding any restrictive or qualified endorsement on any Mortgage Note or Assignment of Mortgage or the examination of any Mortgage Collateral File.
Appears in 1 contract
Samples: Mortgage Loan Purchase and Sale Agreement (Luminent Mortgage Trust 2007-1)
