Common use of Assignment of Collateral Clause in Contracts

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Assignment of Collateral. All of the Seller's ’s interest in any material collateral securing any Mortgage Loan has been assigned to the Purchaser.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.), Mortgage Loan Purchase and Sale Agreement (Banc of America Merrill Lynch Commercial Mortgage Inc.)

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