Repurchase and Substitution. (b) If there is no Controlling Holder under the Pooling and Servicing Agreement, then all rights that are to be exercised by the Controlling Holder pursuant to Section 10(a) shall be exercised by Assignee.
Appears in 108 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 2012-5)
Repurchase and Substitution. (b) If there is no Controlling Holder under the Pooling and Servicing Agreement, then all rights that are to be exercised by the Controlling Holder pursuant to Section 10(a) (and obligations under Section 7.03 in connection with the exercise of such rights) shall be exercised by Assignee.
Appears in 16 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)
