Common use of Controlling Holder Rights Clause in Contracts

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 14 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-1), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-6), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

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Controlling Holder Rights. PrimeLending agrees The parties hereto agree and acknowledges acknowledge that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise assume all of Assignee's ’s rights and all related responsibilities as Purchaser Owner under the following section of the Purchase AgreementFlow Servicing Agreement listed below: Purchase Flow Servicing Agreement: Section or Subsection Matter

Appears in 10 contracts

Samples: Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2013-6), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2013-6), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2012-1)

Controlling Holder Rights. PrimeLending Shore agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 10 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-2)

Controlling Holder Rights. PrimeLending Cxxx Xxxxxx agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights (and obligations under Section 7.03 in connection with the exercise of such rights) as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 8 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-1), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-2)

Controlling Holder Rights. PrimeLending Cornerstone agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 6 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-6), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-6), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-5)

Controlling Holder Rights. PrimeLending GuardHill agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 6 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-1), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-2)

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's ’s rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection MatterMatter 7.03, other than 7.03(c) Repurchase; Substitution

Appears in 4 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-4), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-4), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-6)

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder (as defined in the Pooling and Servicing Agreement) pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's ’s rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 4 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-7), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8)

Controlling Holder Rights. PrimeLending Cxxx Xxxxxx agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's ’s rights (and obligations under Section 7.03 in connection with the exercise of such rights) as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 4 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-6), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-4), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-6)

Controlling Holder Rights. PrimeLending Benchmark agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 4 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-2), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-2), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

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Controlling Holder Rights. PrimeLending Provident agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 2 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-3)

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection MatterMatter 7.03, other than 7.03(c) Repurchase and Substitution

Appears in 2 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-5), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2012-5)

Controlling Holder Rights. PrimeLending Gxxxxx Mxxxx agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder (as defined in the Pooling and Servicing Agreement) pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's ’s rights as Purchaser under the following section of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 2 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-8)

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under each of the following section sections of the Purchase Agreement: Purchase Agreement: Section or Subsection Matter

Appears in 2 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2011-2), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2011-2)

Controlling Holder Rights. PrimeLending agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will exercise all of Assignee's rights as Purchaser under the following section sections of the Sale Agreement and the Purchase Agreement: Purchase Sale Agreement: Section or Subsection Matter 7.03, other than 7.03(c) Repurchase; Substitution Purchase Agreement Section or Subsection Matter

Appears in 1 contract

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-1)

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