Common use of Reassignment of Repurchased or Substituted Loans Clause in Contracts

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Substitute Loan Cutoff Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee and the Issuer shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trustee’s and the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 6.01 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.016.01), and upon receipt of an Officer's Certificate a certificate of the Servicer a Servicing Officer in the form attached hereto as Exhibit FF to the Transfer and Servicing Agreement, the Indenture Trustee shall is required under the Transfer and Servicing Agreement to assign to the Trust Depositor Depositor, and the Trust Depositor shall assign to the Originator Originator, all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerLoan Pool.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Substitute Loan Cutoff Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee and the Issuer shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trustee’s and the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.Collateral. 100

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 6.01, (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.016.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit FF to the Sale and Servicing Agreement, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee and the Issuer shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Trustee’s and the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Substitute Loan Cutoff Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit FE hereto, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor Issuer shall assign release and assign, as the case may be, to the Originator all of the Trustee’s and the Issuer's (or Trust Depositor's, as applicable) ’s right, title and interest in the Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 or Section 11.03 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the IssuerTrust's (or Trust Depositor's, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Trust Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerTrust.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.. 117

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 (or upon the Subsequent Transfer Substitute Loan Cutoff Date related to a Substitute Loan described in Section 11.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee and the Issuer shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trustee’s and the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.Collateral. 82 BUSINESS.29147459.4

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the amounts described in Section 11.01 6.01, (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan described in Section 11.016.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit FF to the Sale and Servicing Agreement, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Account of the any amounts described in Section 11.01 (or upon the Subsequent Transfer Cut-Off Date related to a Substitute Loan in the case of a contemporaneous substitution described in Section 11.01), and upon receipt of an Officer's a Loan Asset Certificate of the Servicer in the form attached hereto as Exhibit F, the Indenture Trustee shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator all of the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the repurchased or substituted Loan and 141 related Loan Assets without recourse, representation or warranty. Such reassigned Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the Issuer.

Reassignment of Repurchased or Substituted Loans. Upon receipt by the Indenture Trustee for deposit in the Principal and Interest Collection Account of the amounts described in Section 11.01 6.01 (or upon the Subsequent Transfer Substitute Loan Cutoff Date related to a Substitute Loan described in Section 11.016.01), and upon receipt of an Officer's ’s Certificate of the Servicer in the form attached hereto as Exhibit FF to the Sale and Servicing Agreement, the Indenture Trustee and the Issuer shall assign to the Trust Depositor and the Trust Depositor shall assign to the Originator Seller all of the Trustee’s and the Issuer's ’s (or Trust Depositor's’s, as applicable) right, title and interest in the 2013-1 Loans or Substitute Loans being repurchased or substituted Loan and for the related Loan Assets without recourse, representation or warranty. Such reassigned 2013-1 Loan or Substitute Loan shall no longer thereafter be included in any calculations of Outstanding Loan Balances required to be made hereunder or otherwise be deemed a part of the IssuerCollateral.