Step 1 Assignment Agreements definition

Step 1 Assignment Agreements. Each of (1) the Assignment, Assumption and Recognition Agreement dated as of November 1, 2004 among GSMC, as assignor, the Depositor, as assignee and Countrywide Home Loans, Inc., as seller; (2) the Assignment, Assumption and Recognition Agreement dated as of November 1, 2004 among GSMC, as assignor, the Depositor, as assignee and Countrywide Home Loans Servicing LP, as servicer; (3) the Assignment, Assumption and Recognition Agreement dated as of November 1, 2004 among GSMC, as assignor, the Depositor, as assignee and IndyMac Bank, F.S.B., as seller and servicer; (4) the Assignment, Assumption and Recognition Agreement dated as of November 1, 2004 among GSMC, as assignor, the Depositor, as assignee and National City Mortgage Co., as seller and servicer; and (5) the Assignment, Assumption and Recognition Agreement dated as of November 1, 2004 among GSMC, as assignor, the Depositor, as assignee, and ▇▇▇▇▇ Fargo Bank, N.A., as seller and servicer.

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Step 1 Assignment Agreements. Each of (1) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Countrywide, as seller; (2) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Countrywide Servicing, as servicer; (3) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and GMAC, as seller and servicer; (4) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and IndyMac, as seller and servicer; (5) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Lydian, as seller and servicer; (6) the Assignment, Assumption and Recognition Agreement dated as of May 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Nat City, as seller and servicer; and (7) the Assignment, Assumption and Recognition Agreement dated as of May 27, 2005, among GSMC, as assignor, the Depositor, as assignee, and Countrywide, as servicer, in conjunction with the Representations and Warranties Agreement dated as of May 27, 2005, between GSMC and the Depositor.

Step 1 Assignment Agreements. Each of (i) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Countrywide dated as of June 1, 2004, (ii) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Countrywide Servicing dated as of June 1, 2004, and (iii) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Nat City dated as of June 1,

Examples of Step 1 Assignment Agreements in a sentence

The Trustee shall also enforce the obligation of the Responsible Parties under the Sale Agreements, and the Servicing Agreements and of the Purchaser under the Step 1 Assignment Agreements to cure or repurchase Mortgage Loans for which there is a defect or a breach of a representation or warranty thereunder of which a Responsible Officer of the Trustee has actual knowledge, by notifying the applicable party to correct or cure such default.
The Trustee shall also enforce the obligation of the Responsible Parties under the Sale Agreements and the Servicing Agreements and of the Purchaser under the Step 1 Assignment Agreements to cure or repurchase Mortgage Loans for which there is a defect or a breach of a representation or warranty thereunder of which a Responsible Officer of the Trustee has actual knowledge, by notifying the applicable party to correct or cure such default.
In the event the Depositor is required to repurchase a Mortgage Loan pursuant to this Section 2.05, the Trustee shall assign to the Depositor all rights it has with respect to such Mortgage Loan under the Step 1 Assignment Agreements and, solely to the extent related to such Mortgage Loan, under the Servicing Agreement.
Each of the Step 1 Assignment Agreements and the Step 2 Assignment Agreements, collectively.
The Trustee shall also enforce the obligations of the Responsible Parties under the Sale Agreements, of the Servicers under the Servicing Agreements and of the Purchaser under the Step 1 Assignment Agreements to cure or repurchase Mortgage Loans for which there is a defect or a breach of a representation or warranty thereunder of which a Responsible Officer or the Trustee has actual knowledge, by notifying the applicable party to correct or cure such default.
The Trustee shall also enforce the obligations of the Responsible Party under the Sale Agreement, of the Servicer under the Servicing Agreement and of the Purchaser under the Step 1 Assignment Agreements to cure or repurchase Mortgage Loans for which there is a defect or a breach of a representation or warranty thereunder of which a Responsible Officer or the Trustee has actual knowledge, by notifying the applicable party to correct or cure such default.
In its capacity as Assignee under the Step 2 Assignment Agreements, the Trustee shall enforce the obligation of the Responsible Party under the Step 1 Assignment Agreements, and to the extent applicable, of the Servicer under the Servicing Agreement, to cure or repurchase Mortgage Loans for which there is a defect or a breach of a representation or warranty thereunder of which a Responsible Officer of the Trustee has actual knowledge, by notifying the applicable party to correct or cure such default.

More Definitions of Step 1 Assignment Agreements

Step 1 Assignment Agreements. Each of (1) the Assignment, Assumption and Recognition Agreement dated as of October 1, 2004 among GSMC, as assignor, the Depositor, as assignee and Countrywide, as seller; (2) the Assignment, Assumption and Recognition Agreement dated as of October 1, 2004 among GSMC, as assignor, the Depositor, as assignee and Countrywide Servicing, as servicer; (3) the Assignment, Assumption and Recognition Agreement dated as of October 1, 2004 among GSMC, as assignor, the Depositor, as assignee and National City Mortgage Co., as seller and servicer; and (4) the Assignment, Assumption and Recognition Agreement dated as of October 1, 2004 among GSMC, as assignor, the Depositor, as assignee, and ▇▇▇▇▇ Fargo Bank, N.A., as seller and servicer.

Step 1 Assignment Agreements. Each of (1) the Assignment, Assumption and Recognition Agreement dated as of June 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Countrywide, as seller; (2) the Assignment, Assumption and Recognition Agreement dated as of June 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Countrywide Servicing, as servicer; (3) the Assignment, Assumption and Recognition Agreement dated as of June 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and Nat City, as seller and servicer; and (4) the Assignment, Assumption and Recognition Agreement dated as of June 1, 2005, among GSMC, as assignor, the Depositor, as assignee, and ▇▇▇▇▇ Fargo, as seller and servicer.

Step 1 Assignment Agreements. Each of (i) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and AMRO dated February 1, 2004, (ii) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Bank of America dated February 1, 2004, (iii), the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Bank One dated February 1, 2004, (iv) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Countrywide dated February 1, 2004, and (v) the Assignment, Assumption and Recognition Agreement by and among GSMC, the Depositor and Wells Fargo dated February 1, 2004.