Common use of Third Party Beneficiary Clause in Contracts

Third Party Beneficiary. The parties agree that the Master Servicer is intended to be, and shall have the rights of, a third party beneficiary of this Assignment Agreement.

Appears in 78 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-9)

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Third Party Beneficiary. The parties agree that the For purposes of this Agreement, any Master Servicer is intended to be, and shall have the rights of, be considered a third party beneficiary of to this Assignment Agreement entitled to all the rights and benefits accruing to any Master Servicer herein as if it were a direct party to this Agreement.

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-1), Pooling and Servicing Agreement (HSI Asset Loan Obligation Trust 2007-Wf1), Assignment, Assumption and Recognition Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar4)

Third Party Beneficiary. The parties agree that the Each Master Servicer is intended to be, and shall have the rights of, be considered a third third-party beneficiary of this Assignment Agreement, entitled to all the rights and benefits hereof as if it were a direct party to this Agreement.

Appears in 21 contracts

Samples: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-1f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f)

Third Party Beneficiary. The parties agree that the Each Master Servicer is intended to be, and shall have the rights of, be considered a third third-party beneficiary of this Assignment Agreement, entitled to all the rights and benefits hereunder as if it were a direct party to this Agreement.

Appears in 19 contracts

Samples: Reconstituted Servicing Agreement (HarborView 2007-2), Reconstitution Agreement (HarborView 2006-13), Assignment, Assumption and Recognition Agreement (Hsi Asset Securitization Corp)

Third Party Beneficiary. The parties agree that the Master Servicer is intended shall be considered a Third-Party Beneficiary to be, and shall have the rights of, a third party beneficiary of this Assignment Agreemententitled to all rights and benefits hereof as if it were a direct party to this Assignment.

Appears in 18 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-8f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-Oa1)

Third Party Beneficiary. The parties agree that the Master Servicer is intended shall be considered a Third-Party Beneficiary to be, this Agreement entitled to all rights and shall have the rights of, benefits hereof as if it were a third direct party beneficiary of to this Assignment Agreement.

Appears in 11 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR 2007-Oa2), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-5f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-4f)

Third Party Beneficiary. The parties agree that the Master Servicer is intended to be, and shall have the rights of, be a third party beneficiary for purposes of Section 6.07 of this Assignment AgreementIndenture.

Appears in 10 contracts

Samples: Indenture (Renaissance Home Equity Loan Trust 2006-3), Indenture (Renaissance Home Equity Loan Trust 2006-3), Indenture (Renaissance Home Equity Loan Trust 2006-1, Home Equity Loan Asset-Backed Notes, Series 2006-1)

Third Party Beneficiary. The parties agree that the Master Servicer is intended shall be considered a Third-Party Beneficiary to be, this Assignment Agreement entitled to all rights and shall have the rights of, benefits hereof as if it were a third direct party beneficiary of to this Assignment Agreement.

Appears in 8 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-5f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-4f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f)

Third Party Beneficiary. The parties agree that the Master Servicer is intended shall be considered a Third-Party Beneficiary to be, and shall have the rights of, a third party beneficiary of this Assignment AgreementAgreement entitled to all rights and benefits hereof as if it were a direct party to this Assignment.

Appears in 5 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR 2006-5f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-6f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-Oa1)

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Third Party Beneficiary. The parties agree that the Master Servicer is intended to be, and shall have the rights of, be considered a third party beneficiary Third-Party Beneficiary of this Assignment Agreemententitled to all rights and benefits hereof as if it were a direct party to this Assignment.

Appears in 3 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f), Assignment, Assumption and Recognition Agreement (STARM Mortgage Loan Trust 2007-1), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-4f)

Third Party Beneficiary. The parties agree that the Master Servicer is intended to be, and shall have the rights of, be considered a third third-party beneficiary of this Assignment Agreement, entitled to all the rights and benefits hereof as if it were a direct party to this Agreement.

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR 2006-4f), Assignment, Assumption and Recognition Agreement (GreenPoint Mortgage Funding Trust 2006-Oh1)

Third Party Beneficiary. The parties agree that For purposes of this Agreement, the Master Servicer is intended shall be considered a third-party beneficiary to bethis Agreement, and shall have entitled to all the rights of, a third party beneficiary and benefits of this Assignment Agreement as if it were a direct party to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-St1)

Third Party Beneficiary. The parties agree that For purposes of this Assignment, the Master Servicer is intended to be, and shall have the rights of, be considered a third party beneficiary of to this Assignment AgreementAssignment, entitled to all the rights and benefits hereof as if it were a direct party to this Assignment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (NYMT Securities CORP)

Third Party Beneficiary. The parties agree that the Master Servicer is intended to be, and Certificateholders shall have the rights of, a third party beneficiary be considered Third-Party Beneficiaries of this Assignment Agreemententitled to all rights and benefits hereof as if they were a direct party to this Assignment.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (STARM Mortgage Loan Trust 2007-4)

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