Common use of Intended Third Party Beneficiaries Clause in Contracts

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of the Trust, receive the benefit of the provisions of this Agreement as intended third party beneficiary of this Agreement to the extent of such provisions. The Company shall have the same obligations to the Trustee as if it were a party to this Agreement, and the Trustee, on behalf of the Trust, shall have the same rights and remedies to enforce the provisions of this Agreement as if it were a party to this Agreement. The Company shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust pursuant to the Trust Agreement. EXHIBIT B Master Servicing Agreement EXHIBIT C Assignment, Assumption and Recognition SCHEDULE I Mortgage Loan Schedule (delivered to the Trustee in electronic format)

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2006-4)

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Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Trustee as if it were a party to this Agreement, and the Trustee, on behalf of the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it were a party to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust pursuant to the Trust Pooling and Servicing Agreement. EXHIBIT B Master Servicing Mortgage Loan Purchase Agreement EXHIBIT C Assignment, Assumption and Recognition Master Servicing Agreement SCHEDULE I Mortgage Loan Schedule (delivered See Schedule I to the Trustee in electronic formatTab #16)

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Greenwich Capital Acceptance Inc)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Master Servicer and the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Master Servicer and the Trustee as if it they were a party parties to this Agreement, and the Trustee, on behalf of Master Servicer and the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Servicing Agreement [See Tab 99.19] EXHIBIT C Assignment, Assumption Master Mortgage Loan Purchase and Recognition SCHEDULE I Warranties Agreement EXHIBIT D Mortgage Loan Schedule (delivered to the Trustee in electronic format)[Intentionally Omitted]

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 4h)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Master Servicer and the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Master Servicer and the Trustee as if it they were a party parties to this Agreement, and the Trustee, on behalf of Master Servicer and the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Flow Interim Servicing Agreement EXHIBIT C Assignment, Assumption and Recognition SCHEDULE I Agreement EXHIBIT D Mortgage Loan Schedule (delivered to the Trustee in electronic format)Schedule

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2000-4)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Trustee and the Trust, Guarantor receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Trustee and the Guarantor as if it they were a party parties to this Agreement, and the Trustee, on behalf of Trustee and the Trust, Guarantor shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer Trustee (if direction by the Master Servicer Trustee is required under this Agreement) unless otherwise directed by this Agreement or the Loss Mitigation Advisory Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Servicing Agreement EXHIBIT C Assignment, Assumption and Recognition SCHEDULE I Mortgage Loan Schedule all rights of the Guarantor hereunder (delivered other than the right to indemnification) shall terminate upon termination of the Trustee in electronic format)Trust Fund.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Sr 2001-Bc4)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of the Trust, receive the benefit of the provisions of this Agreement as intended third party beneficiary of this Agreement to the extent of such provisions. The Company shall have the same obligations to the Trustee as if it were a party to this Agreement, and the Trustee, on behalf of the Trust, shall have the same rights and remedies to enforce the provisions of this Agreement as if it were a party to this Agreement. The Company shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust pursuant to the Trust Pooling and Servicing Agreement. EXHIBIT B Master Servicing Agreement EXHIBIT C Purchase, Assignment, Assumption and Recognition Agreement SCHEDULE I Mortgage Loan Schedule (delivered to the Trustee in electronic format)Schedule

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2005-2)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Master Servicer and the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Master Servicer and the Trustee as if it they were a party parties to this Agreement, and the Trustee, on behalf of Master Servicer and the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Servicing Agreement [See Item #99.13] EXHIBIT C Assignment, Assumption Master Mortgage Loan Purchase and Recognition SCHEDULE I Warranties Agreement [See Item #99.12] EXHIBIT D Mortgage Loan Schedule (delivered to the Trustee in electronic format)[Intentionally Omitted]

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 4h)

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Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Master Servicer and the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Master Servicer and the Trustee on behalf of the Trust Fund as if it they were a party parties to this Agreement, and the Trustee, on behalf of Master Servicer and the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Warranties and Servicing Agreement EXHIBIT C Assignment, Assumption and Recognition SCHEDULE I Agreement EXHIBIT D Mortgage Loan Schedule (delivered to the Trustee in electronic format)Schedule

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2000-4)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary of this Agreement to the extent of such provisions. The Company Seller shall have the same obligations to the Trustee as if it were a party to this Agreement, and the Trustee, on behalf of the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it were a party to this Agreement. The Company Seller shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligations) shall terminate upon termination of the Trust pursuant to the Trust Pooling and Servicing Agreement. EXHIBIT B Master Purchase and Servicing Agreement EXHIBIT C and Assignment, Assumption and Recognition Agreement SCHEDULE I Mortgage Loan Schedule (delivered to the Trustee in electronic format)I

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Mortgage Investments Inc)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the TrusteeTrust Fund, on behalf of the Trust, Depositor and the Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Trust Fund, the Depositor and the Trustee as if it they were a party parties to this Agreement, and the TrusteeTrust Fund, on behalf of the Trust, Depositor and the Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer Trustee (if direction by the Master Servicer Trustee is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer Trust Fund, the Depositor and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Pooling and Servicing Agreement and of the Trust Fund pursuant to the Trust Pooling and Servicing Agreement. EXHIBIT B Master Servicing Agreement EXHIBIT C Assignment, Assumption and Recognition SCHEDULE I Mortgage Loan Schedule (delivered to the Trustee in electronic format).

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (RBSGC 2007-A)

Intended Third Party Beneficiaries. Notwithstanding any provision herein to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the intent of such parties as set forth herein, that the Trustee, on behalf of Master Servicer and the Trust, Trustee receive the benefit of the provisions of this Agreement as intended third party beneficiary beneficiaries of this Agreement to the extent of such provisions. The Company Servicer shall have the same obligations to the Master Servicer and the Trustee as if it they were a party parties to this Agreement, and the Trustee, on behalf of Master Servicer and the Trust, Trustee shall have the same rights and remedies to enforce the provisions of this Agreement as if it they were a party parties to this Agreement. The Company Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement. Notwithstanding the foregoing, all rights and obligations of the Master Servicer and the Trustee hereunder (other than the right to indemnification and the indemnification obligationsindemnification) shall terminate upon termination of the Trust Agreement and of the Trust Fund pursuant to the Trust Agreement. EXHIBIT B Master Servicing Agreement EXHIBIT C Assignment, Assumption Master Mortgage Loan Purchase and Recognition SCHEDULE I Warranties Agreement [INTENTIONALLY OMITTED] EXHIBIT D Mortgage Loan Schedule (delivered to the Trustee in electronic format)[INTENTIONALLY OMITTED]

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mor Pass Thru Cer Ser 2002-10h)

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