Common use of Binding Nature; Assignment Clause in Contracts

Binding Nature; Assignment. The covenants, agreements, rights and obligations contained in this Agreement shall be binding upon the successors and assigns of the Depositor and shall inure to the benefit of the successors and assigns of the Issuer, and all persons claiming by, through or under the Issuer.

Appears in 20 contracts

Sources: Receivables Pooling Agreement, Receivables Pooling Agreement (DITECH HOLDING Corp), Receivables Pooling Agreement (DITECH HOLDING Corp)

Binding Nature; Assignment. The covenants, agreements, rights and obligations contained in this Agreement shall be binding upon the successors and assigns of the Depositor Ditech and shall inure to the benefit of the successors and assigns of the IssuerDepositor, and all persons claiming by, through or under the IssuerDepositor.

Appears in 3 contracts

Sources: Receivables Sale Agreement (DITECH HOLDING Corp), Receivables Sale Agreement (DITECH HOLDING Corp), Receivables Sale Agreement (Walter Investment Management Corp)

Binding Nature; Assignment. The covenants, agreements, rights and obligations contained in this Agreement shall be binding upon the successors and assigns of the Depositor and shall inure to the benefit of the successors and assigns of the Issuer, and all persons claiming by, through or under the IssuerIssuer except as set forth herein.

Appears in 1 contract

Sources: Receivables Pooling Agreement (PennyMac Mortgage Investment Trust)