Assignment by the Seller. On the Servicing Transfer Date, the Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02 or the Servicer’s rights under Sections 8.02(iii)), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.
Appears in 5 contracts
Samples: Subservicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3), Subservicing Agreement (Sail 2006-Bnc3), Subservicing Agreement (BNC Mortgage Loan Trust 2006-1)
