Common use of Conveyance of Subsequent Mortgage Loans Clause in Contracts

Conveyance of Subsequent Mortgage Loans. (a) Upon receipt of the Purchase Price by the Seller, the Seller does hereby sell, transfer, assign, set over, deposit with and otherwise convey to the Depositor, without recourse, and the Depositor does hereby sell, transfer, assign, set over, deposit with and otherwise convey to the Issuer, without recourse, in trust, all of its right, title and interest in and to the Subsequent Mortgage Loans.

Appears in 3 contracts

Samples: Servicing Agreement (Greenpoint Mortgage Funding Trust 2005-He4), Subsequent Transfer Agreement (Greenpoint Mortgage Funding Trust 2005-He1), Subsequent Transfer Agreement (Greenpoint Mortgage Funding Trust 2005-He4)

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Conveyance of Subsequent Mortgage Loans. (a) Upon receipt of the Purchase Price by the Seller, the The Seller does hereby sell, transfer, assign, set over, deposit with over and otherwise convey to the Depositor, without recourse, and the Depositor does hereby sell, transfer, assign, set over, deposit with and otherwise convey recourse (except to the Issuer, without recourse, extent specified in trustthe Sale Agreement), all of its right, title and interest of the Seller, in and to each of the Subsequent Mortgage LoansLoans identified on the Schedule and all items in the related Mortgage File.

Appears in 2 contracts

Samples: Transfer Supplement (Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series 2005-5), Sale Agreement (Aegis Asset Backed Securities Corp)

Conveyance of Subsequent Mortgage Loans. (a) Upon receipt of the Purchase Price by the Seller, the The Seller does hereby sell, transfer, assign, set over, deposit with over and otherwise convey to the Depositor, without recourse, and the Depositor does hereby sell, transfer, assign, set over, deposit with and otherwise convey recourse (except to the Issuer, without recourse, extent specified in trustthe Mortgage Loan Sale Agreement), all of its right, title and interest of the Seller, in and to each of the Subsequent Mortgage LoansLoans identified on Schedule I and all items in the related Mortgage File.

Appears in 2 contracts

Samples: Purchase and Warranties Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Purchase and Warranties Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc2)

Conveyance of Subsequent Mortgage Loans. (a) Upon receipt of the Purchase Price by the Seller, the Seller does hereby sell, transfer, assign, set over, deposit with and otherwise convey to the Depositor, without recourse, and the Depositor does hereby sell, transfer, assign, set over, deposit with and otherwise convey to the IssuerIssuing Entity, without recourse, in trust, all of its right, title and interest in and to the Subsequent Mortgage Loans.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Financial Asset Securities Corp)

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Conveyance of Subsequent Mortgage Loans. (a) Upon receipt of the Purchase Price by the Seller, the The Seller does hereby sell, transfer, assign, set over, deposit with over and otherwise convey to the DepositorPurchaser, without recourse, and the Depositor does hereby sell, transfer, assign, set over, deposit with and otherwise convey recourse (except to the Issuer, without recourse, extent specified in trustthe Mortgage Loan Sale Agreement), all of its right, title and interest of the Seller, in and to each of the Subsequent Mortgage LoansLoans identified on the Schedule and all items in the related Mortgage File.

Appears in 1 contract

Samples: Transfer Supplement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)

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