Common use of Trade Assignments Clause in Contracts

Trade Assignments. Each Seller hereby assigns to Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment to the full extent permitted by Takeout Investor, to deliver the Mortgage Loan(s) specified therein to Takeout Investor and to receive the Takeout Proceeds therefor from Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan unless and until it purchases the Mortgage Loan, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each Seller hereby assigns to Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such Seller's ’s rights, under each Takeout Commitment to the full extent permitted by Takeout Investor, to deliver the Mortgage Loan(s) specified therein to Takeout Investor and to receive the Takeout Proceeds therefor from Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan unless and until it purchases the Mortgage Loan, and nothing set forth herein shall be deemed to impair Purchaser's ’s right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each Seller hereby assigns to Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment as to the full extent permitted by which Takeout InvestorInvestor has consented to assignment, to deliver the Mortgage Loan(s) specified therein to the related Takeout Investor and to receive the Takeout Proceeds therefor from such Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan any Trade Assignment unless and until it purchases the related Mortgage LoanLoans, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each Seller hereby assigns to Purchaser, ----------------- free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment as to the full extent permitted by which Takeout InvestorInvestor has consented to assignment, to deliver the Mortgage Loan(s) specified therein to the related Takeout Investor and to receive the Takeout Proceeds therefor from such Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan any Trade Assignment unless and until it purchases the related Mortgage LoanLoans, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each related Seller hereby assigns to each related Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment as to the full extent permitted by which Takeout InvestorInvestor has consented to assignment, to deliver the Mortgage Loan(s) specified therein to the related Takeout Investor and to receive the Takeout Proceeds therefor from such Takeout Investor. No Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan any Trade Assignment unless and until it purchases the related Mortgage LoanLoans, and nothing set forth herein shall be deemed to impair such Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each Seller hereby assigns to Purchaser, ----------------- free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment to the full extent extend permitted by Takeout Investor, to deliver the Mortgage Loan(s) specified therein to Takeout Investor and to receive the Takeout Proceeds therefor from Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan unless and until it purchases the Mortgage Loan, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each Seller hereby assigns to Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such Seller's rights, under each Takeout Commitment as to the full extent permitted by which Takeout InvestorInvestor has consented to assignment, to deliver the Mortgage Loan(s) specified therein to the related Takeout Investor and to receive the Takeout Proceeds therefor therefore from such Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan any Trade Assignment unless and until it purchases the related Mortgage LoanLoans, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.

Trade Assignments. Each The related Seller hereby assigns to Purchaser, free of any security interest, lien, claim or encumbrance of any kind, such the related Seller's rights, under each Takeout Commitment as to the full extent permitted by which Takeout InvestorInvestor has consented to assignment, to deliver the Mortgage Loan(s) specified therein to the related Takeout Investor and to receive the Takeout Proceeds therefor from such Takeout Investor. Purchaser shall not be deemed to have accepted such rights of the related Seller which relate to a particular Mortgage Loan any Trade Assignment unless and until it purchases the related Mortgage LoanLoans, and nothing set forth herein shall be deemed to impair Purchaser's right to reject any Mortgage Loan for any reason, in its sole discretion.