Common use of Successors and Assigns; Assignment of Agreement Clause in Contracts

Successors and Assigns; Assignment of Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Servicer and the Owner and the respective successors and assigns of the Servicer and the Owner. This Agreement shall not be assigned, pledged or hypothecated by the Servicer to a third party without the prior written consent of the Owner, which consent shall be given at the sole discretion of the Owner.

Appears in 52 contracts

Samples: Master Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-11h), Assignment and Assumption Agreement (Structured Asset Sec Corp Mort Pas THR Certs Series 2003-7h), Assignment and Assumption Agreement (Structured Asset Securities Corp 2004-18h)

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Successors and Assigns; Assignment of Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Servicer Subservicer and the Owner and the respective successors and assigns of the Servicer and the Ownerrespective permitted successors and permitted assigns of the Subservicer and the Servicer. This Agreement shall not be assigned, pledged or hypothecated by the Servicer a Party to a third party without the prior written consent of the Owner, other Party which consent shall not be given at the sole discretion of the Ownerunreasonably withheld or delayed.

Appears in 1 contract

Samples: Subservicing Agreement (Provident Mortgage Capital Associates, Inc.)

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