Common use of Assignment of Certain Contracts Clause in Contracts

Assignment of Certain Contracts. The Company shall assign to Buyer, effective as of the Closing Date, fully paid, life of the loan tax service con- tracts issued by First American Real Estate Tax Services, Inc. related to all Mortgage Loans. The Company also shall assign to Buyer, effective as of the Closing Date, such fully paid, life of the loan flood zone certification contracts issued by a company acceptable to Buyer related to all Mortgage Loans as have been obtained by the Company by the Closing Date. The Company shall obtain, at its expense, the required consents, if any, to assign such tax service contracts (subject to the limitations set forth in Section 5.6(a)(iii)) and flood zone certification contracts to Buyer.

Assignment of Certain Contracts. The Company shall assign to Buyer, effective as of the Closing Date, fully paid, life of the loan tax service con- tracts contracts issued by First American Real Estate Tax Services, Inc. related to all Mortgage Loans. The Company also shall assign to Buyer, effective as of the Closing Date, such fully paid, life of the loan flood zone certification contracts issued by a company acceptable to Buyer related to all Mortgage Loans as have been obtained by the Company by the Closing Date. The Company shall obtain, at its expense, the required consents, if any, to assign such tax service contracts (subject to the limitations limita- 106 107 tions set forth in Section 5.6(a)(iii)) and flood zone certification contracts to Buyer.